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Japanese rubber industry news
Exports of Rubber Products Fall for 11th Straight Month in June - Exports of rubber products fell 20.6 percent year-on-year in June to 74.86 billion yen ($734.451 million), while imports fell 10.0 percent to 33.345 billion yen according to the Japan Rubber Manufacturers Association. Exports fell for the 11th straight month, while imports were down following an increase in May. Exports fell for 11 out of 15 categories in June, with automobile […]
Steer Engineering to Invest 2.5 Billion Yen, Expand Market Reach in Japan - Extruder manufacturer Steer Engineering Pvt. Ltd., India, has revealed that it will be investing approximately 2.5 billion yen ($24.46 million) in its Japanese branch, Steer Japan Corp., over the next 10 years. This comes with Steer having defined its course of action for Japan and its global strategy. Steer Engineering CEO Atanu Maity said that Japan continues to be an […]
Carbon Black Shipping Volume Down 3% for June - Shipping volume for carbon black in June was 49,414 tons in June according to the Japanese Carbon Black Association. That was down 3 percent over the previous year and marked the seventh straight month of year-on-year declines. Carbon black for rubber products saw shipments down by 6 percent year on year for tires, while that for other general rubber products […]
Zeon and Sumitomo Chemical Look at Consolidating S-SBR Businesses - Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) have reached a basic agreement to begin looking into the consolidation of the two companies’ solution styrene butadiene rubber (S-SBR) businesses. Zeon and Sumitomo Chemical will, by the end of September, complete due diligence and studies pertaining to the nature of the business consolidation. Any definitive agreements stemming from this would […]
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Yokohama Rubber Plans to Increase Annual Production Capacity to 89 Million Tires - Yokohama Rubber Co. Ltd. (TYO:5101) plans to lift its global production capacity of tires by the end of 2020 to 89 million units per annum, CEO Hikomitsu Noji recently announced. At the end of 2015, the company had an annual production capacity of 70.59 million units and has planned for 72.14 million units for the end of 2016, 74.19 million […]
Bridgestone Goes for Both Dry and Wet Performance With New Potenza RE-06D Tire - As part of Bridgestone Corp.’s (TYO:5108) latest Potenza range of tires, the company has launched the Potenza RE-06D, a new product designed with the aim of reducing lap time on the circuit. Using an exclusively developed structure, pattern, geometry and compound, the tire improves road contact when corning as well as block rigidity. Moreover, the RE-06D is designed with an […]
Steer Engineering to Invest 2.5 Billion Yen, Expand Market Reach in Japan - Extruder manufacturer Steer Engineering Pvt. Ltd., India, has revealed that it will be investing approximately 2.5 billion yen ($24.46 million) in its Japanese branch, Steer Japan Corp., over the next 10 years. This comes with Steer having defined its course of action for Japan and its global strategy. Steer Engineering CEO Atanu Maity said that Japan continues to be an […]
Sumitomo Riko’s Matsui on Overseas Operations, Strategies for New Business - During a recent interview granted to Japan Rubber Weekly, Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), shared his thoughts about the company’s overseas operations and strategies for getting new business, especially its plans to gain new customers by establishing and utilizing the Advanced Automotive Systems R&D Center, a new facility intended to boost profitability. Matsui said […]
Tokai Carbon to Shut Down Carbon Black Production Line at Ishinomaki Plant - Tokai Carbon Co. Ltd. (TYO:5301) is planning to shut down one of four carbon black production lines at its Ishinomaki plant in Ishinomaki, Miyagi Prefecture, Japan. Annual production capacity will be reduced from 60,000 to 46,000 tons within 2016. The plant supplies carbon black to tire factories and rubber-parts manufacturers throughout eastern Japan. In March 2011, production stopped after the […]
Dow Chemical Showcases Solutions for Olympics, Lowering Carbon Emissions - Dow Chemical Co.’s (TYO:4850) Japanese subsidiary, Dow Chemical Japan, recently showcased to media members the company’s products used to help provide solutions at the Rio Olympics. Under the banner of using science to make the Rio 2016 Games a success, those solutions include curtailing and counter-balancing the carbon (CO2) footprint of the event. At the Rio Games, Dow Chemical’s Dowlex […]
Sumitomo Riko’s Matsui on Overseas Operations, Strategies for New Business - During a recent interview granted to Japan Rubber Weekly, Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), shared his thoughts about the company’s overseas operations and strategies for getting new business, especially its plans to gain new customers by establishing and utilizing the Advanced Automotive Systems R&D Center, a new facility intended to boost profitability. Matsui said […]
Sumitomo Riko President Matsui Sees Current Business Unfolding as Planned - Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), said in a recent interview with Japan Rubber Weekly that although net sales fell due to currency exchange losses caused by a higher yen and despite a cloudier picture that falling business confidence paints for future profits, the company’s performance has been largely as planned. Matsui said that Sumitomo […]