Tosoh Reports Favorable CR Adhesive Demand for FY2016

Chemical manufacturer Tosoh Corp. (TYO:4042) has announced that domestic automotive-related demand for its chloroprene rubber (CR) business grew solidly in the second half of fiscal 2016 while CR exports for the first half struggled. However, demand for adhesives and industrial products recovered in the second half on the back of increased demand for industrial products for mining and construction equipment....

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SRIJ Chairman Takata: Japan Needs Open Innovation Lab for Rubber Technology

Toshikazu Takata, Tokyo Institute of Technology professor and new chairman of the Society of Rubber Science and Technology Japan (SRIJ) for fiscal 2017–18, recently spoke of his aspirations to establish an open innovation center in the form of a general laboratory for rubber technology. Takata said that the world recognizes the Japanese rubber industry’s world-class technology, such as tires and...

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Sumitomo Chemical to Focus on Special-Grade EPDM Production at Chiba Plant

Sumitomo Chemical Co. Ltd.’s (TYO:4005) ethylene propylene diene monomer (EPDM) business has transitioned to the point where all EPDM products being produced are selling. The company’s EPDM sales to Japanese auto parts manufacturers in China are robust. Furthermore, a new EPDM plant in Saudi Arabia with an annual production capacity of 75,000 tons will begin operations within the current fiscal...

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Japan Rubber Workers Union Confederation Successfully Negotiates Wage Increase

The Japanese Rubber Workers Union Confederation (JRWUC), comprising 58 member unions from the rubber industry, announced the results of its 2017 spring labor offensive negotiations to improve living standards for its membership. All 58 unions reached an agreement regarding the wages negotiated during the spring labor offensive and 53 unions reached an agreement regarding the negotiated lump sum payments for...

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Mitsui Chemicals Improves EPT, Expects Use Around Engines

Mitsui Chemicals Inc.’s (TYO:4183) business in ethylene propylene diene terpolymer (EPT) operated at full production capacity and completely sold out its inventory for fiscal 2016 on the back of strong demand. The company said that considering market growth rates and the location of its plants, it has focused on Asia rather than Europe and the Americas. Asian markets in which...

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New President at Yokohama Rubber Discusses Market Trends, Growth Strategies

The new president of Yokohama Rubber Co. Ltd. (TYO:5101), Masataka Yamaishi, assumed office on March 30. This year is a milestone for Yokohama Rubber, marking the 100th anniversary of the company’s founding. President Yamaishi recently sat down with Japan Rubber Weekly to discuss his thoughts on being named president of Yokohama Rubber and a variety of other topics. On being...

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