Nitta Corp. (TYO:5186) subsidiary Nitta Corporation of America (NCA) has conducted a ceremony, believed under the indigenous Japanese Shinto religion to purify land, at the expanded construction site where its second factory is to be built. Operating mainly in North and South America, NCA is building the new factory facilities to reinforce its production and processing efforts as its regional...
[lwa template="modal" register="0"]Subscribe
Japan’s rubber machinery manufacturers are increasingly cashing in on demand for maintenance and modifications to raise efficiency and add advanced features rather than new orders. This has come amid decreasing capital spending on production facilities, triggered by shrinking domestic manufacturing of automotive rubber parts and general industrial rubber products as a result of a decline in domestic production of automobiles...
[lwa template="modal" register="0"]Subscribe
In January 2016, the shipment value of rubber products in Japan fell by 6 percent to 160 billion yen ($1.41 billion), the seventh consecutive month of year-on-year decreases, according to Japan’s Ministry of Economy, Trade and Industry (METI). Automobile tire production was down 67 percent to 10.72 million tires, the 14th consecutive month of year-on-year decreases. Meanwhile, the value of...
[lwa template="modal" register="0"]Subscribe
Japan’s import volume of natural rubber for January 2016 increased by 1 percent year-on-year to more than 58,000 tons, rising for the first time in five months, according to the Rubber Trade Association of Japan. However, the import value plunged by 18 percent to 9.26 billion yen ($81.7 million), declining for the fifth month in a row. The average import...
[lwa template="modal" register="0"]Subscribe
Hiroshima Kasei Ltd. is moving ahead with the construction of a factory to make vehicle seals in Bandung, Indonesia. The decision is in response to Japanese vehicle manufacturers operating plants outside Japan. The venture in Indonesia will be the first time the company will directly manufacture vehicle seals outside Japan. The company has until now indirectly supplied vehicle manufacturing plants...
[lwa template="modal" register="0"]Subscribe
Employers in the rubber industry are increasingly expanding business operations and beefing up production by increasing their workforces, according to a spring 2016 hiring status survey of 31 major rubber industry companies. The survey by Japan Rubber Weekly also indicated that the number of firms increasing the number of new hires this year compared to the previous year has grown...
[lwa template="modal" register="0"]Subscribe
