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Bridgestone Earns Highest Ranking in Supplier Engagement Rating

on February 28, 2017 in Tires

Bridgestone Corp. (TYO:5108) has been recognized as a global leader for managing climate change across its supply chain. The tire manufacturer has received the highest “A” rating from CDP and awarded a position on the organization’s supplier engagement leaderboard. The U.K.-based international nongovernment organization CDP uses its supplier engagement rating to assess the efforts of companies in lowering climate-related risks...

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Rubber Hose Production, Shipment Value Drop Slightly in 2016

on February 28, 2017 in Market Background

Both production volume and shipment value of rubber hoses were slightly down year-on-year for 2016, according to records collated by the Japan Rubber Hose Manufacturers Association. Based on statistics from Japan’s Ministry of Economy, Trade and Industry (METI), the records reveal that production volume of hoses for 2016 was 34,621 tons in terms of new-rubber volume, which represents a year-on-year...

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Asics CEO Discusses Global Performance, Changes in Response to Changing Markets

on February 27, 2017 in Products

Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...

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Tosoh to Transfer TPU Sales Rights Over to Miractran

on February 27, 2017 in Materials

Chemical manufacturer Tosoh Corp. (TYO:4042) plans to transfer the sales rights to its thermoplastic polyurethane (TPU) elastomer operations over to wholly owned subsidiary Nippon Miractran Co. Ltd. With the move to take effect Oct. 1, the Tosoh Group is consolidating TPU elastomer manufacturing and marketing over to Miractran in a bid to strengthen business in this sector. Established in September...

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Nippon Goodyear President Looks to Break Open All-Season Tire Market

on February 24, 2017 in Tires

Nippon Goodyear Ltd. is seeking again this period to get active in developing an all-season tire market in Japan. Speaking at the company’s 2017 strategy announcement and new products briefing session on Feb. 16, President Yujiro Kanehara deemed the company’s first-year effort at this in 2016 as modest. Now for the 2017 period, Nippon Goodyear is looking to launch an...

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Bando Chemical to Shift Indian Subsidiary for Greater Business Potential

on February 24, 2017 in Materials

Bando Chemical Industries Ltd. (TYO:5195) is relocating the head factory of its Indian subsidiary, Bando (India) Pvt. Ltd. Plans at present are to move over to a new factory with a site area of 4,000 square meters, located within the same industrial park of IMT Manesar in Gurugram City. Operations are scheduled to commence in the first half of this...

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