JSR Corp. (TYO:4185) has identified solution styrene butadiene rubber (S-SBR) as a lucrative growth area in JSR20i9, the company’s medium-term business plan for fiscal 2017 to 2019. JSR hopes to achieve the plan’s goals through plant construction, greater product sales and full-capacity operations at new lines. One focus of the plan is the release of new S-SBR products with better...
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Yokohama Rubber Co. Ltd. (TYO:5101) has announced that Yokohama Tire Philippines (YTPI) partially resumed tire production after it had been halted due to a fire that occurred on May 14. Production began on May 20 outside of the affected area. The building occupies 205,000 square meters of a site totaling 452,000 square meters. The fire affected the northeast area of...
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Japanese belt manufacturers are enjoying robust sales of general industrial transmission belts in China and Asia. Bando Chemical Industries Ltd. (TYO:5195) and Mitsuboshi Belting Ltd. (TYO:5192) both boasted strong sales in these regions in fiscal 2016. Sales continue to grow, centering on agricultural and industrial machinery transmission belts, a market with high expectations. Bando Chemical’s Industrial Products Division’s sales in...
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Zeon Corp. (TYO:4205) has launched a prototype outsourcing service focused on molding microfluidic chip products using the company’s transparent thermoplastic cyclo-olefin polymers, Zeonex and Zeonor. Microfluidic chip products are used in drug design as well as in the medical examination and diagnosis fields, markets which are rapidly growing in advanced countries due to aging populations and an increased emphasis on...
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Sumitomo Riko Co. Ltd. (TYO:5191) recently debuted a low-density ethylene propylene diene monomer (EPDM) hose made from the company’s newly developed lightweight reinforcement material. The hose was revealed at the Automotive Engineering Exposition 2017 held at the Pacific Convention Plaza Yokohama May 24 through May 26. Developed in order to reduce automotive energy consumption, the hose is based on a...
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Daicel Corp. (TYO:4202) and Toyoda Gosei Co. Ltd. (TYO:7282) have agreed to form a capital alliance in order to strengthen the two companies’ collaborative relationship. The two companies will cross-hold each other’s shares through acquiring equity from each other at about 1 billion yen ($9 million). The targeted areas for collaboration are safety fields, including airbags and fuel related businesses...
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