Yokohama Rubber Joins IRSG’s SNR-i Natural Rubber Sustainability Project

Yokohama Rubber Co. Ltd. (TYO:5101) has voiced its support for and joined the Sustainable Natural Rubber Initiative (SNR-i) to make natural rubber a sustainable resource. The initiative is advocated by the International Rubber Study Group (IRSG), an intergovernmental organization formed by governments of synthetic rubber producers and consumers. The SNR-i has set five goals: support for greater productivity; enhanced quality...

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Zeon Increases Profit on Falling Revenues, Specialty Rubbers Strong in Japan

Synthetic rubber manufacturer Zeon Corp. (TYO:4205) has posted increasing profits on falling revenues for its rubber business over the April–December period for fiscal 2017. The company’s sales volume over the period declined 5 percent year-on-year, sitting at 224,000 tons. General-purpose rubber for tires declined 10 percent domestically on account of a lowered utilization rate among tire manufacturers. Coupled with overseas...

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Bridgestone Receives RobecoSAM Sustainability Award

Bridgestone Corp. (TYO:5108) has received a Silver Class Sustainability Award 2017 from RobecoSAM. This is the first time Bridgestone has received this honor. This sustainability award is presented annually by RobecoSAM, an investment specialist focused exclusively on sustainability investing, a form of investment entailing judgments based on evaluations of a company’s environmental, social and other sustainability initiatives in addition to...

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Yokohama Rubber Launches Special Website for 100th Anniversary

Yokohama Rubber Co. Ltd. (TYO:5101) recently launched a special website to commemorate the 100th anniversary of the company’s founding, which will be in October of this year. The site reflects on the past 100 years of the rubber manufacturer, and communicates the passion and unyielding spirit that underlie Yokohama Rubber. In addition to covering the company’s 100-year history, the site...

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Rubber Belt Production for 2016 Ends 7% Down From Previous Year

The production volume of rubber belts for 2016 fell 7 percent from the previous year, dropping to 26,373 tons, according to statistics from the Japan Belting Manufacturers Association. Conveyor belt production declined 13 percent, down at 14,607 tons. This came as a consequence of a 16-percent year-on-year drop in exports, with a significant depression in exports for mines in Australia....

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Escalating Butadiene Prices to Place Significant Pressure on Synthetic Rubber Manufacturers

The price of butadiene is increasing dramatically. After trending for some time at an Asian spot price near $1,000 per ton, the synthetic rubber raw material started on a rapidly ascending curve in autumn last year. It has resulted in a tripling in value, jumping to approximately $3,000 per ton. The sharp gain in butadiene will have a strong impact...

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