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Sumitomo Rubber Submits Updated Eco-First Commitments

on November 24, 2017 in Products

Sumitomo Rubber Industries Ltd. (TYO:5110), a company certified under the Ministry of the Environment’s Eco-First Program, recently announced that it has submitted its updated Eco-First Commitments to the Minister of the Environment. The Eco-First Program is an initiative in which companies pledge their own efforts to protect the environment, including measures against global warming, to the Minister of the Environment....

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Yokohama Rubber Starts Shipping Tires for Toyota’s Next-Generation Taxi

on November 22, 2017 in Tires

Yokohama Rubber Co. Ltd. (TYO:5101) has begun shipping its Taxi Touring 898 as an original equipment tire for Toyota Motor Corp.’s (TYO:7203) next-generation taxi vehicle JPN Taxi, launched on Oct. 23. The Taxi Touring 898 was released in April as a taxi tire for the domestic retail market. The product utilizes Yokohama Rubber’s Mound Profile, which features a new tread...

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Mitsuboshi Belting Posts Record-High Earnings for Second Quarter

on November 22, 2017 in Products

Conveyor and transmission belt manufacturer Mitsuboshi Belting Co. (TYO:5192) has posted approximately 35.59 billion yen ($316.92 million) in total sales for the July–September period of fiscal 2017. This represents an increase of 7.1 percent over the same period for the previous year. The company also set record highs for the second quarter for operating profit, ordinary profit and quarterly net...

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Rubber Hoses See Solid Demand for Automotive and High-Pressure Applications

on November 21, 2017 in Market Background, Products

Production and shipments for rubber and resin hoses are on an upward trend. Automotive and high-pressure rubber hoses have been solid performers on the back of a recovery in domestic automotive production volume and robust demand for construction equipment and machine tools. Resin hoses and tubes have also been going strong, supported by firm demand from the semiconductor industry. This...

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Shin-Etsu to Hike Silicone Product Prices From January

on November 20, 2017 in Materials

Shin-Etsu Chemical Co. Ltd. (TYO:4063) has announced a price change for all of its silicone products. Starting from shipments for January next year, the company will raise prices by 10 to 20 percent. The price of metallic silicon – a main raw material for silicone – has risen, and further increases are expected, a Shin-Etsu representative says. As it has...

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Bridgestone’s Australian Subsidiary Opens Mining Solutions Center

on November 20, 2017 in Tires

The Australian subsidiary of Bridgestone Corp. (TYO:5108) has established a new office location dedicated to mining solutions. Bridgestone Earthmover Tyres Pty. Ltd. has opened the Pilbara Mining Solution Center (PMSC) in Port Hedland, Pilbara, Western Australia. The office will market and service conveyor belts and tires for mining vehicles in Australia. The Australian subsidiary will use PMSC to sell and...

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