Several Rubber Sheet Makers Set About Remedying Profit Issues

Rubber sheet manufacturers are endeavoring to improve profits. Between March and June this year, a number of companies set out on making price revisions, primarily on general-purpose products. Two companies have additionally pushed forward on a unification of product classes, including the closing down of unprofitable products. Five companies set out on these price revisions: Tigers Polymer Corp. (TYO:4231), Kureha...

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Production Volume of Rubber Belts Down 6% for September

According to statistics on September production volume of rubber belts compiled by the Japan Belting Manufacturers Association, year-on-year production was down due to a decrease in production of conveyor belts despite an increase in production of transmission belts. Rubber belts decreased 6 percent in September, after having recovered to the same year-on-year production level in August following 13 straight months...

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Zeon Develops New TIM Sheet With CNT–Rubber Composite

Zeon Corp. (TYO:4205) and the New Energy Industrial Development Organization (NEDO) have successfully developed a thermal interface material (TIM). Made of high-performance sheets, the product’s sheet form features double the heat dispersion of similar products to date. The company will be investing several hundred million yen to construct a new pilot plant within the Ibaraki Factory building of subsidiary Zeon...

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Bando Chemical to Build New Transmission Belt Factory in Vietnam

Bando Chemical Industries Ltd. (TYO:5195) will build a new factory at its current site in Vietnam. With an investment of 400 million ($3.7 million), operations are scheduled to begin in the second half of 2017. The new factory is set to be built after acquiring land-use rights in Than Long Industrial Park II in Hung Yen Province by Bando Manufacturing...

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Shin-Etsu Polymer Looks to Get Active in M&As

Shin-Etsu Polymer Co. Ltd. (TYO:7970) plans to solidify and build upon its current position by seeking out companies to acquire, CEO Yoshiaki Ono has revealed. Viewing the establishment of new business as critical to extending company performance over the mid–long term, the manufacturer of silicone goods and other chemical products is looking to get active in M&As. In terms of...

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Synthetic Rubber Production Scrapes Into Positive Growth for August

This past August saw a 0.7 percent year-on-year increase in total production volume of synthetic rubber, which was up at 140,547 tons, according to the Synthetic Rubber Industry Association of Japan. It also represented a turnaround from what was a negative year-on-year total in the month of July. There were declines witnessed in styrene-butadiene rubber (SBR) and chloroprene rubber (CR)...

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