Japanese rubber industry news
Construction Equipment Demand Forecast for 2023 Mar. 20, 2023. - The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its forecast for construction machinery demand in fiscal 2023 (April 2023-March 2024), with shipments expected to reach a record 3.05 trillion yen ($23.14 billion), up 341.5 billion yen from the previous forecast announced in August 2022. This would be the first time for the value of shipments to exceed 3 trillion […]
Bridgestone to Become Title Sponsor of FIA’s ecoRally Cup Mar. 20, 2023. - Bridgestone will join as title sponsor the FIA (Federation Internationale de l’Automobile) “ecoRally Cup,” a rally competition to determine the most efficient use of electricity by vehicles. The new event will be called the “Bridgestone FIA ecoRally Cup” and Bridgestone and the FIA will support the ecoRally Cup through a multi-year partnership agreement. The Bridgestone FIA ecoRally Cup will respond […]
Construction Equipment Demand Forecast for 2023 Mar. 20, 2023. - The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its forecast for construction machinery demand in fiscal 2023 (April 2023-March 2024), with shipments expected to reach a record 3.05 trillion yen ($23.14 billion), up 341.5 billion yen from the previous forecast announced in August 2022. This would be the first time for the value of shipments to exceed 3 trillion […]
Bridgestone to Become Title Sponsor of FIA’s ecoRally Cup Mar. 20, 2023. - Bridgestone will join as title sponsor the FIA (Federation Internationale de l’Automobile) “ecoRally Cup,” a rally competition to determine the most efficient use of electricity by vehicles. The new event will be called the “Bridgestone FIA ecoRally Cup” and Bridgestone and the FIA will support the ecoRally Cup through a multi-year partnership agreement. The Bridgestone FIA ecoRally Cup will respond […]
JATMA Supports End-of-Life Tire Removal Project in Kuma City Mar. 15, 2023. - The Japan Automobile Tyre Manufacturers Association (JATMA) has recently confirmed that the project for restoring Kama City to its original state through the removal of waste tires has been completed. JATMA decided on January 7, 2022 to grant support funds of 17.1 million yen ($128,000) to the city, receiving a letter of appreciation for its support. The association removed 250.14 […]
Continental Tire Japan to Launch New Performance Comfort Tire Mar. 8, 2023. - Continental Tire Japan will in April 2023 launch the PremiumContact 7 performance comfort tire, developed with a focus on maximum safety. The product will be available in 15 sizes ranging from 17 to 19 inches, and will be expanded gradually. The PremiumContact 7 adopts tailor-made construction according to vehicle size, weight, and drive system to accommodate a wide range of […]
Toyoda Gosei Enters Large High-Pressure Hydrogen Tank Market for Hydrogen-Powered Fuel Cell Trucks Mar. 10, 2023. - Toyoda Gosei, a member of the Toyota Group, has launched a large high-pressure hydrogen tank for fuel cell trucks that run on hydrogen, a market for which demand is expected to grow. The tanks are being used in the mass-market fuel cell light-duty trucks that Commercial Japan Partnership Technologies (CJPT), in which Toyota Motor, Isuzu Motors, and other companies have […]
Do-Yamamoto Establishes Subsidiary in India Dec. 23, 2022. - Industrial hose assembler and seller Do-Yamamoto has established Do-Yamamoto Engineering India in Karnataka, India, in order to respond to the expanding overseas plant market. Until now, Do-Yamamoto has been developing industrial hoses for energy, chemical, and industrial projects in Southeast Asia and the Middle East, but by establishing a local subsidiary in India, the company will strengthen its business base […]
Fujikura Composites to Expand Curved Surface Printing Blanket Business Overseas Mar. 17, 2023. - Fujikura Composites said that its printing materials (blankets) business posted year-on-year sales and profit growth in the first half (April-December) of the fiscal year ending March 31, 2023. The Japanese domestic market was sluggish, but the weak yen helped drive strong exports, which drove performance. Another positive factor was the penetration of price increases implemented in the previous fiscal year. […]
Tosoh Raises Price of Calcium Chloride Solution Mar. 9, 2023. - Tosoh will raise the price of calcium chloride solution by more than 12 yen ($0.09) per kilogram (solid equivalent) beginning with shipments on March 21. Regarding the price increase, Tosoh said, “We have been implementing all kinds of cost reduction measures to improve the profitability of our business and have been striving to ensure a stable supply of our products. […]
Toyoda Gosei President Toru Koyama Discusses Plans to Pursue Carbon Neutrality, Support Rise of EVs Feb. 1, 2022. - Toru Koyama, president of Toyoda Gosei Co. Ltd. (TYO:7282), gave some insight recently into the company’s plans for 2022, which will center around improving corporate value and striving to meet the targets of the company’s medium-term plan. Giving his predictions for fiscal 2022, Koyama said that given Omicron and numerous other uncertainties, he believes it may still be another year […]
Sumitomo Riko President Shines Light on Plans to Get Results From Structural Reform Starting 2023 Jan. 12, 2022. - Sumitomo Riko Co. Ltd. (TYO:5191) President Kazushi Shimizu recently spoke about current efforts being made by the company, highlighting here the good progress being made on the structural reform it has been pursuing of late. And with this in mind, plans going forward are to achieve growth for both auto parts and general industrial products, he said. Shimizu noted here […]