CEMA Finds 2017 Demand for Construction Machinery Stagnant in Japan but Increasing Abroad

Shipment values of construction machinery are forecast at 1.879 trillion yen ($16.575 billion) for the fiscal year ending March 2018, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This projection is based on a January 2017 survey of CEMA’s 68 member companies. CEMA Chairman and President of Hitachi Construction Machinery Co. Ltd....

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Showa Glove Adds New Products to Nitrile Disposable Glove Lineup

Showa Glove Co. has added two new items, Nitrist Tough Plus and Nitrist Super Long, to the company’s flagship nitrile disposable glove series, increasing the product lineup to six items in total. Coming in a 100-count dispenser, the Nitrist Tough Plus gloves are thicker than the original Nitrist Tough gloves and have superior durability. The Super Long gloves come in...

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Sumitomo Riko Opens Entries for 1 Million Yen Student Prize

Sumitomo Riko Co. Ltd. (TYO:5191) has recently begun accepting submissions for the company’s third Sumitomo Riko Student Essay Awards. The contest’s theme is innovation in the 21st century, and applicants are asked to write about their ideal company. A prize of 1 million yen ($8,708) will be awarded to the applicant with the best essay. Eligible to enter the contest...

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Hayakawa Rubber Receives 2017 JAB Award

Hayakawa Rubber Co. Ltd. has received the third annual Japan Accreditation Board (JAB) Award, which is given to companies and organizations that make effective use of ISO management system certifications, such as ISO 9001 and ISO 1400. As a manufacturer of sheet waterproofing materials and reclaimed rubber, Hayakawa Rubber is the first company in the rubber industry to receive the...

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TPM Launches in Japan With Simplified Molding Process

New rubber molding company TPM Company LLC has launched in Japan, where the rubber molding industry is deemed mature. The company, led by CEO Tomoaki Koriyama, aims to offer cost savings, quick delivery and high-quality production using simplified molding. Although the company is small in scale, currently with only six employees, Koriyama has aspirations to enter the plastic molding sector...

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Kumho Tire to Increase Prices 7%

Kumho Tire Japan Inc. will increase its domestic prices on tires by 7 percent from April 1, following a similar announcement made recently by Yokohama Rubber Co. Ltd. (TYO:5101). The change will apply to tires for passenger vehicles, vans, trucks and buses. A representative from Kumho Tire stated that the company could not absorb the rising prices of both natural...

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