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 […]
Denka Research for Infection Testing Selected for Subsidies Under AMED Project Jun. 17, 2020. - Denka Co. Ltd. (TYO:4061) announced on June 10 that it has been offered subsidies for an in-house R&D effort focused on infection testing. The company has been working here to develop and test new multiplexed diagnostics technology that targets COVID-19 alongside a range of other infections. The subsidy offer came in on May 28 from the Japan Agency for Medical […]
Asahi Rubber Helps Prevent COVID-19 Infections by Providing Free Face Shields to Medical Institutions Jun. 4, 2020. - Asahi Rubber Inc. (TYO:5162) is producing and donating face shields to help prevent droplet infection at medical facilities dealing with the novel coronavirus. As a recent effort here, the manufacturer of industrial rubber products sent through a free shipment to the Fukushima Association for Clinical Engineering Technologies (FACET). These face shields are used to cover the heads of patients on […]
Bando Chemical, Tosoh Receive NEDO Backing to Develop New Production Technologies for Transmission Belts Sep. 8, 2020. - Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the […]
Sumitomo Riko Eyes Launch for New Microfluidic Device Developed With Lilac Pharma Sep. 3, 2020. - Sumitomo Riko Co. Ltd. (TYO:5191) recently announced that it has jointly developed a new microfluidic device in conjunction with Lilac Pharma Inc., a pharmaceutical venture from Hokkaido University. Plans are to begin pre-orders this winter for the new device, which is used to manufacture lipid nanoparticles. The microfluidic device consists of two primary components: a microfluidic chip for creating the […]Showa Denko Sees Decline in Chloroprene Rubber Sales for First Quarter May. 29, 2020. - Showa Denko KK (TYO:4004) recently released its business results for the first quarter of calendar 2020, revealing a decline in both sales and profit metrics. The company posted sales of 171.73 billion yen ($1.6 billion), down 26.8 percent from the same period last year; operating income of just under 2.47 billion yen, down by 94.6 percent; and ordinary income of […]
Shin-Etsu Polymer Posts Sales Drop for FY2019 Despite Silicone Rubber Molding Products Finding Solid Foothold May. 19, 2020. - Shin-Etsu Polymer Co. Ltd. (TYO:7970) has revealed decreased sales and a mixed bag of profit metrics in its business results for fiscal 2019. The chemical manufacturer posted sales revenue of 80.25 billion yen ($746.98 million), down by 6.1 percent year-on-year; operating profit of 7.76 billion yen, down by 4.9 percent; ordinary profit of slightly less than 8.1 billion yen, up […]
