JRW Survey: Human Resources, Globalization Top Business Challenges for Rubber Manufacturers

In a recent Japan Rubber Weekly survey, a majority of management executives from 171 manufacturers of tires, industrial rubber and resin products expressed pessimism about the economic recovery (read related article here). Asked specifically about what business problems were cause for concern, executives primarily pointed to (1) rapid exchange-rate movements, coming on 55.5 percent of the responses; (2) economic trends,...

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JRW Survey: Majority of Rubber Manufacturers Pessimistic About Economic Recovery

In a recent survey conducted over the first half of July, Japan Rubber Weekly (JRW) spoke to management executives from 171 manufacturers of tires, industrial rubber and resin products about their respective business conditions and financial outlooks. JRW received responses from 121 companies, 70 percent of those surveyed. Asked about the current market state of their respective industries compared to...

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Mitsui Chemicals to Expand TPE Production Capacity, Investing 1 Billion Yen

Responding to increased global demand, Mitsui Chemicals Inc. (TYO:4183) will increase annual production capacity of its Milastomer thermoplastic elastomer by 5,000 tons. The company will invest almost 1 billion yen ($10 million) in expanding production facilities of its wholly-owned subsidiary Sun Alloys Co. Ltd., adding one production line of 5,000 annual tons. Construction will start in February 2017 and is planned...

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JATMA Mid-year Review: Automobile Tire Demand to Decrease Slightly in 2016

Demand for automobile tires in Japan is expected to decrease for a second consecutive year, according to the mid-year review of domestic tire demand for 2016 published by the Japan Automobile Tire Manufacturers Association (JATMA) on July 21. The review places gross demand for tires including those for special and two-wheeled vehicles at 117.366 million units, a decline of 1.837...

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JATMA Posts “Tyre Industry of Japan 2016” on Official Website

The Japan Automobile Tyre Manufacturers Association (JATMA) has published the 2016 edition of “Tyre Industry of Japan.” It is available for free download as a PDF file on JATMA’s official website in English here. In addition to containing multiple reference data – including figures, tables and graphs – the document features an overview of JATMA, its member organizations, a brief history...

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Rubber Hose Production and Shipping Down for May, Declining Two Months in a Row

Combined rubber hose production (new rubber) for May was 2,446 tons, a 6.6 percent decrease over previous years, while shipping revenue for the month dropped 2.6 percent to 9.8 billion yen ($96 million), according to records collated by the Japan Rubber Hose Manufacturers Association based on statistics from the Ministry of Economy, Trade and Industry (METI). Both production and shipping...

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