Fuji Latex Reports FY2023 Results Jun. 19, 2024. - Fuji Latex on June 7 held an online financial results briefing for the fiscal year ending March 31, 2024. For the period, net sales were 7.51 billion yen ($47.57 million), down 7.1% year-on-year; operating income was 439 million yen, down 42.2%; ordinary income was 382 million yen, down 47.7%; and net income was 289 million yen, down 44.0%. Sales fell […]
Zeon to Shut Down 60% of Tokuyama Plant’s Synthetic Rubber Capacity, Including E-SBR, BR and NBR Latex Jun. 18, 2024. - Zeon Corporation will cease 60% of its synthetic rubber manufacturing capacity at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture, the company said at a meeting held on June 11 to explain the progress of the second phase of its medium-term management plan. It plans to stop production of E-SBR (emulsion polymerization styrene butadiene rubber) Series 1 and NBR (acrylonitrile […]
Sumitomo Rubber and Yamanashi Prefecture Collaborate to Go Carbon Neutral Jun. 3, 2024. - Sumitomo Rubber and Yamanashi Prefecture have agreed to mutually cooperate in building a hydrogen energy society to achieve carbon neutrality. The two partners will use green hydrogen through the Yamanashi Model P2G System to decarbonize tire manufacturing and other processes. The Yamanashi Model P2G System is a technology to realize decarbonization by producing hydrogen from electricity derived from renewable energy […]
Bando Chemical Invests in Agricultural AI Startup May. 23, 2024. - Bando Chemical has invested in Inaho, a company that provides services for manufacturers focusing on automated agricultural harvesting robots using AI. With the mission of making farming more sustainable with technology, Inaho is a startup company that supports the resolution of management issues in agriculture through the use of AI and Robotics. To this end, it is working on the […]
Bridgestone to Address EUDR-compliant Products and Other Issues Jun. 11, 2024. - While Bridgestone aims to expand tire sales in its tire business in Europe this fiscal year, the company is rushing to address the impact and outlook of EUDR-compliant natural rubber procurement costs by promoting activities to realize a sustainable supply chain based on its Global Sustainable Procurement Policy. Products using natural rubber, such as natural rubber and tires, are subject […]
Kohshin Retread Inaugurates New Head Office and Plant, Doubles Capacity Jun. 10, 2024. - Kohshin Retread, a wholly owned subsidiary of Kohshin Rubber that manufactures and sells retread tires, held a ceremony on June 6 to mark the completion of its new headquarters and plant in the Watari Chuo Industrial Park, which will begin operations on June 10. The new headquarters and plant consist of an office building, a factory, a workshop and a […]
Fuji Latex Reports FY2023 Results Jun. 19, 2024. - Fuji Latex on June 7 held an online financial results briefing for the fiscal year ending March 31, 2024. For the period, net sales were 7.51 billion yen ($47.57 million), down 7.1% year-on-year; operating income was 439 million yen, down 42.2%; ordinary income was 382 million yen, down 47.7%; and net income was 289 million yen, down 44.0%. Sales fell […]
Shinto Scientific Launches Explosion-Proof Three-One Motor Agitator Series Jun. 14, 2024. - Shinto Scientific, a manufacturer of rubber and scientific instruments operating under the Heidon brand, has added the Ex Series to its Three-One Motor Series of high-performance agitators. This series is Three-One Motor’s first motor-driven explosion-proof agitator. It uses a completely new explosion-proof enclosure design, so even if an explosion should occur inside, it will not be damaged and will not […]
Zeon to Shut Down 60% of Tokuyama Plant’s Synthetic Rubber Capacity, Including E-SBR, BR and NBR Latex Jun. 18, 2024. - Zeon Corporation will cease 60% of its synthetic rubber manufacturing capacity at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture, the company said at a meeting held on June 11 to explain the progress of the second phase of its medium-term management plan. It plans to stop production of E-SBR (emulsion polymerization styrene butadiene rubber) Series 1 and NBR (acrylonitrile […]
Osaka Soda to Raise Prices of Four Products From July 1, Including Synthetic Rubber Jun. 18, 2024. - Osaka Soda has announced that it will raise the prices of four synthetic rubber and synthetic resin products, starting with shipments on July 1. The price increases are 30 yen ($.19) per kilogram for Epichromer epichlorohydrin rubber and Racrester acrylic rubber, 35 yen per kilogram for DAP resin-based Daiso DAP monomer and 45 yen per kilogram for Daiso DAP. The […]
Interview With Rengo Chairman Nobuhiro Sato on Coming Spring Campaign Feb. 28, 2024. - Japan Rubber Weekly sat down with Nobuhiro Sato, Chairman of the Central Executive Committee of Gomu Rengo, the Japanese Rubber Workers’ Union Confederation, talking about the spring campaign for the current fiscal year that is about to get underway. Sato sees this as “a critical moment to determine whether the trend of wage increases will be sustained,” and is determined […]
Interview With Nichirin President Hiroyuki Soga Feb. 8, 2024. - Japan Rubber Weekly sat down with President Hiroyuki Soga of Nichirin, a manufacturer of automotive hoses and piping. Soga, who assumed the position of president in April 2023, was posted to the United States at the age of 26 and has since then worked overseas for a total of 26 years. He has also served as president of overseas subsidiaries […]