Sumitomo Riko Changes Names of Overseas Subsidiaries to Promote Company Brand

Sumitomo Riko Co. Ltd. (TYO:5191) has mostly completed changing the names of the group companies it acquired in 2013 – German-based automotive anti-vibration rubber products manufacturer Anvis Group GmbH, now SumiRiko AVS Holding Germany GmbH, and Italian-based automotive hose manufacturer Dytech-Dynamic Fluid Technologies SpA, now SumiRiko Italy SpA. Sumitomo Riko began carrying out the name changes, which are included in...

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Japan’s Carbon Black Shipments in June Fall for First Time in Six Months

Shipment volume of carbon black in June dropped 5.5 percent year-on-year to 46,709 tons, reversing five straight months of gain, according to data compiled by the Japanese Carbon Black Association. Among shipments to be used for rubber, those for tires fell 4.5 percent as well as those for general purpose rubber by 5.2 percent. The total shipments for rubber decreased...

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Bridgestone to Bring Back SF-325 Tire for Mazda’s MX-5 Miata Restoration Program

Bridgestone Corp. (TYO:5108) is gearing up for the Japanese relaunch of its SF-325 tire in January 2018 for Mazda Motor Corp.’s (TYO:7261) first-generation MX-5 Miata restoration program. The SF-325 is an OEM tire for the first-generation MX-5 Miata, which was launched in 1989. Although Bridgestone stopped manufacturing the tire in 2003, the company has brought it back as part of...

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Sumitomo Rubber to Establish New Company, Manufacturing Facility in Slovenia

Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it will establish a new company and manufacturing facility in Slovenia. Serving to accelerate the global development of Sumitomo Rubber’s business in precision rubber parts for medical applications, the new company will be established as a subsidiary of Swiss-based Lonstroff AG with a total investment of 34 million euros ($40.03 million). Sumitomo...

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Bando Chemical Develops New Lightweight, Long-Lasting Rice Hulling Roll

Bando Chemical Industries Ltd. (TYO:5195) launched a new rice hulling roll, called Yellow Boy, on Aug. 1. The product life span of the newly developed Yellow Boy is about three times longer than the company’s previous rice hulling rolls. Rice hulling rolls are used in rice hullers to separate rice into hulls and brown rice. Most rice hullers at rice...

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NOK Sees Sales Increase 12% in Q1

NOK Corp. (TYO:7240), a major manufacturer of oil seals, posted first quarter sales of 164.91 billion yen ($1.49 billion) for April–June, representing a year-on-year increase of 12.8 percent. NOK’s operating profit for the first quarter was 6.04 billion yen compared to 3.77 billion yen for the same period of the previous year. Ordinary income was 9.87 billion yen, representing a...

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