Rubber Belt Production Down 10% for January–June

According to statistics recently collated by the Japan Belting Manufacturers Association, production volume of rubber belts for January–June 2016 has fallen 10 percent year on year, down at 13,201 tons. Shipment value was similarly down, with close to a double-digit fall for an estimated 32 billion yen ($314.015 million). This was influenced by lowered demand domestically and overseas for conveyor…

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