Daiki Rubber President Discusses Business Performance, Future Challenges

Daiki Rubber Industry Co. Ltd., Japan’s first manufacturer of rubber lining, has been an industry leader since the company’s establishment in 1930. President Chisei Murayama recently set aside some time for an interview with Japan Rubbery Weekly to talk about the rubber lining industry’s current performance, internationalization and more. Discussing Daiki Rubber’s performance within the rubber lining market, Murayama said...

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JATMA Statistics Reveal Recycled Scrap Tires Down for 2016

The Japan Automobile Tyre Manufacturers Association (JATMA) has compiled statistics on the recycling of scrap tires in Japan during 2016. The overall total of scrap tires in 2016 was 94 million units, a 1-percent year-on-year decline of 1 million tires. Measured in weight, this figure came in at 997,000 tons, a year-on-year drop of 3,000 tons. In the category of...

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Zeon Considers New Specialty Rubber Plants, Targets Sales of 500B Yen for 2020

Zeon Corp. (TYO:4205) recently announced SZ-20 Phase III, a new medium-term management plan covering the four fiscal years from 2017 to 2020. The plan sets a target for consolidated net sales of at least 500 billion yen ($4.47 billion) in fiscal 2020. Zeon expects that two businesses, elastomers and advanced functional materials, will each account for 250 billion yen of...

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Shin-Etsu Polymer Discloses 2016 Business Performance

Shin-Etsu Polymer (TYO:7970) recently gave details of its business performance for the fiscal year ending March 2017. The company, which manufactures products for silicone rubber molding and value-added resin treatment, made 73,979,000,000 yen ($663.79 million) in sales, down 1.4 percent from last year; 5,511,000,000 yen in operating profit, up 34.4 percent; 5,934,000,000 yen in ordinary profit, up 30.9 percent; and...

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Toyo Tires to Move Headquarters as Part of Centralization Initiative

Toyo Tire and Rubber Co. Ltd. (TYO:5105) will be relocating its headquarters on May 28, from Nishi-ku Ward, Osaka, to a location next to the company’s Tire Technical Center in Itami, Hyogo Prefecture. The new headquarters is set to open for business on May 29. The relocation represents an effort by Toyo Tires to centralize its operations, and will see...

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