Fujikura Rubber to Acquire Land for New Plant in China

Fujikura Rubber Ltd. (TYO:5121) reached the decision on Aug. 10 to acquire land for constructing a new factory in Zhejiang Province, China. To be used for consolidated subsidiary Anji Fujikura Rubber Ltd. The project will cost an estimated 132 million yen ($1.2 million). Anji Fujikura Rubber constructed and began operating its second plant in December 2016. Since the Chinese market’s...

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Bando Chemical Strengthens Existing Initiatives as First Part of Business Plan Draws to a Close

Bando Chemical Industries Ltd. (TYO:5195) has been working to bolster existing businesses while creating new ones as part of Breakthroughs for the Future, the company’s medium- to long-term business plan. The plan was embarked upon in fiscal 2013, and its first stage – or “BF-1” – concludes this year. According to Bando Chemical’s president, Mitsutaka Yoshii, the company has made...

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Company Spotlight: Molten Polymix and Its Rubber Refining Operations

Molten Corp. is involved in a wide array of businesses. They include sports equipment, such as competition grade balls for basketball, volleyball and soccer, as well as auto parts, medical equipment, assistive technology, hydrophilic supplies and industrial-grade materials. One entity within the company group is Molten Polymix KK. This firm handles all of Molten’s domestic refining operations for rubber products....

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Kyowa’s Transparent Rubber Bands Reach 100-Year Milestone

Osaka-based manufacturer Kyowa Ltd. is this year celebrating the 100-year anniversary of its transparent rubber band, developed by company founder Hirozo Nishijima. After formulating the bands in 1917, Nishijima went on to start Kyowa in 1923, aiming to manufacture and sell bicycle tire tubes and rubber bands. In early 20th-century Japan, banknotes were often held together using pieces of bicycle...

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Sakura Rubber Sees Double-Digit Sales Increase for First Quarter

Sakura Rubber Co. Ltd. (TYO:5189) recently released its financial results for the first quarter of the fiscal year ending March 2018. Company sales rose 11.5 percent year-on-year to 1.95 billion yen ($17.69 million), while operating profit decreased 62.1 percent to 20 million yen. Ordinary profit dipped 1.1 percent to 49 million yen, and quarterly net profit jumped 70.2 percent to...

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Bridgestone to Expand Indian Plant Production With $300M Investment

Bridgestone Corp.’s (TYO:5108) group company in India, Bridgestone India Pvt. Ltd., has announced that it will shore up production capacity at its Pune and Indore plants for passenger car radial tires. Bridgestone India will invest $304.3 million in a phased manner over the next five years. The investment is expected to increase the combined daily production capacity of the two...

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