Toyoda Gosei President Talks Moves to Bolster Production in Mexico, India

Toyoda Gosei Co. Ltd. (TYO:7282) wants to get back to the fundamentals of manufacturing, says President Naoki Miyazaki. Sitting down recently for an exclusive interview with Japan Rubber Weekly, Miyazaki said that getting back to these basics will serve to achieve continued growth and get out on top of global competition in what is expected to be a tough business...

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Kuraray Posts Growing Profit Amid Falling Sales for 2016

The Isoprene Chemicals (IPC) division of Kuraray Co. Ltd. (TYO:3405) has posted a year-on-year 0.2-percent increase on operating profit for 2016, at 6.934 billion yen ($60.53 million). The modest increase comes on a 7.1-percent decline in year-on-year sales, at 51.083 billion yen. Despite performing strongly with fine chemicals, thermoplastic elastomers and liquid rubber, the division struggled with its heat-resistant polyamide...

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Showa Denko Increases Prices for Entire Range of Chloroprene Rubber

Showa Denko KK (TYO:4004) is raising the price of its full line of chloroprene rubber (CR). Marketed as Showa Denko Chloroprene, the various grades of CR are being increased to at least 42 yen ($0.37) per kilogram, coming into effect for delivery from March 1. The company’s CR business is tied up in an environment that has gone into a...

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Denka to Appoint Yamamoto New President, Taps Expertise in IT and Global Business

Denka Co. Ltd. (TYO:4061) has announced that Manabu Yamamoto (60), director and senior managing executive officer, will become the company’s next president on April 1. Current President and Chief Executive Officer Shinsuke Yoshitaka (66) will be appointed as chairman of the board of directors. Speaking to press, Yoshitaka said that incoming president Yamamoto looks back on a long career in...

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Rubber and Resin Roll Production Increases for Fourth Straight Year – But Tapering off

Domestic production of rubber and resin rolls for 2016 rose 0.4 percent over that of the previous year, hitting 3,863 tons, according to data compiled by the Japan Rubber Manufacturers Association (JRMA). The slight increase marks the fourth consecutive year of year-on-year improvement. Although production was up for the year overall, it came with July–September production falling short of that...

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Tire Production in Japan Falls 3.6% for 2016

Production volume of automobile tires in Japan fell 3.6 percent year-on-year in 2016, dropping to 1.019801 million tons, according to the Japan Automobile Tyre Manufacturers Association (JATMA). It marks a fifth consecutive year of decline for automobile tire production. While 2016 production volume as a whole was marked with a negative record, coming on account of 21 consecutive months of...

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