Japanese rubber industry news
Dow Chemical Japan Launches Year-Long Program to Support Plastic Recycling Sep. 23, 2020. - Dow Chemical Japan Ltd. this month has launched a year-long program in which the company will work with areas across Japan to carry out clean-up activities, environmental education and the recycling of collected plastic waste. This will be carried out as a joint project alongside TerraCycle Inc., an environmentally and socially oriented venture with the goal of cutting down on […]
Bridgestone Looks to Close Bethune Plant in France Sep. 18, 2020. - Bridgestone Europe NV/SA has started discussions with stakeholders with the aim of closing its Bethune plant in France. The plant is currently used to manufacture passenger car tires. This comes as the Bethune plant finds itself in an increasingly difficult competitive environment. Business profitability in the European passenger car tire market has fallen in recent years; then there is the […]
Dow Chemical Japan Launches Year-Long Program to Support Plastic Recycling Sep. 23, 2020. - Dow Chemical Japan Ltd. this month has launched a year-long program in which the company will work with areas across Japan to carry out clean-up activities, environmental education and the recycling of collected plastic waste. This will be carried out as a joint project alongside TerraCycle Inc., an environmentally and socially oriented venture with the goal of cutting down on […]
Zeon Endorses Task Force on Climate-Related Financial Disclosures Sep. 16, 2020. - Zeon Corp. (TYO:4205) has announced support of the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Established in response to requests from G20 finance ministers and central bank governors, the TCFD operates as an organization under the Financial Stability Board. Going forward, Zeon will use the TCFD’s recommendations as a basis to analyze the risks and opportunities that […]
Bridgestone Looks to Close Bethune Plant in France Sep. 18, 2020. - Bridgestone Europe NV/SA has started discussions with stakeholders with the aim of closing its Bethune plant in France. The plant is currently used to manufacture passenger car tires. This comes as the Bethune plant finds itself in an increasingly difficult competitive environment. Business profitability in the European passenger car tire market has fallen in recent years; then there is the […]
Yokohama Rubber Plans Third Indian Plant for Production of Off-Highway Tires Sep. 15, 2020. - Yokohama Rubber Co. Ltd. (TYO:5101) is looking to bolster its production capacity for off-highway tires, such as those used on agricultural machinery, via production subsidiary Alliance Tire Group (ATG). To this end, the company has announced that it will establish a new plant under new subsidiary ATC Tires AP Pvt. Ltd. within India’s Atchutapuram Industrial Park. With a planned capital […]
Henkel Japan Targets Full-Scale Launch of New Packaging Adhesive Sep. 17, 2020. - Henkel Japan Ltd. has started a full-scale rollout this month of Technomelt Supra Cool, a series of hot-melt adhesives that can be applied at low temperature and are intended for use with packaging. First made available last year, the series is targeted primarily toward use in the assembly of cardboard cases, small boxes and so on. Technomelt Supra Cool has […]
Sumitomo Riko to Establish Second Vietnamese Base for Automotive Hose Production Sep. 10, 2020. - Sumitomo Riko Co. Ltd. (TYO:5191) is planning to open a new production and sales subsidiary for automotive hoses in Vietnam. This will be the company’s second Vietnamese base for the manufacture of automotive hoses. Set to be named SumiRiko Vietnam Co. Ltd., the new subsidiary will be capitalized at 113.1 billion Vietnamese dong ($4.85 million) and wholly owned by Sumitomo […]
Denka Sees Revenue, Profits Drop for Q1 as CR Sales Take Hit From Coronavirus Aug. 25, 2020. - Denka Co. Ltd. (TYO:4061) has shown a drop to both revenue and profits in its recently posted business results for the April–June quarter of fiscal 2020. The company revealed sales revenue of 76.23 billion yen ($719.68 million) for this first quarter, down by 16.1 percent year-on-year; operating income of 4.4 billion yen, down by 34.8 percent; ordinary income of 5.01 […]
Sumitomo Riko’s Q1 Results Reveal Major Revenue Drop Due to COVID-19 Aug. 19, 2020. - Sumitomo Riko Co. Ltd. (TYO:5191) has revealed major downward trends in its business results for the first quarter of fiscal 2020. The company posted sales revenue of 65.38 billion yen ($620.49 million) for the quarter, down by 43.4 percent; an operating loss of 8.04 billion yen, down from a profit of 2.04 billion yen; and a net loss of 7.38 […]
Interview: Toyoda Gosei President Naoki Miyazaki Explains Plans to Boost Revenue in 2020 Jan. 30, 2020. - Facing a tough market and a need for innovation, Toyoda Gosei Co. Ltd. (TYO:7282) has been making a range of moves to solidify its business foundations and pave the path for future growth. Company president Naoki Miyazaki recently sat down with Japan Rubber Weekly to give some insight into these plans. To begin with, Miyazaki noted that 2019 saw Toyoda […]
Interview: Gates Unitta Asia VP Shuji Miyamoto Details Plans for Sales Growth Jan. 21, 2020. - Gates Unitta Asia Co. is making a number of efforts to improve its sales of V-belts, auto tensioners and more across the Asian market. Shuji Miyamoto, who serves as VP at the company, recently took some time out to sit down for an interview with Japan Rubber Weekly and talk about Gates Unitta Asia’s efforts toward this. 2020 is expected […]