The Japan Automobile Tyre Manufacturers Association Inc. (JATMA) has announced that the combined domestic production of automotive tires and tubes for the January–September period totaled 763,456 tons, making for a 0.6 percent increase over the same period last year. Of this total production volume, 395,632 tons were for domestic use, up 4.7 percent, while production volume for exports totaled 375,654...
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Domestic carbon black production increased 0.3 percent year-on-year to 419,983 tons for the first nine months of 2017, according to figures from the Carbon Black Association of Japan. Furnace black for rubber totaled 392,964 tons, up 0.5 percent. Meanwhile, other carbon black for non-rubber applications totaled 27,019 tons, down 2.8 percent. The total shipment volume for the period was 413,336...
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Hayakawa Rubber Co. Ltd., a manufacturer of rubber products for civil engineering, construction, residential soundproofing and more, will complete the construction of a second molding plant on Dec 1. The new plant will be located on the premises of the company’s Minoshima Factory and headquarters in Fukuyama, Hiroshima Prefecture, and total construction costs will amount to 500 million yen ($4.42...
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Mitsui Chemicals Inc. (TYO:4183) President and CEO Tsutomu Tannowa recently announced that the company set new record-high operating, ordinary and net profits in the first half (April–September) of the fiscal year ending March 31, 2018. Over the period, the company generated 620.9 billion yen ($5.49 billion) in sales, 48.2 billion yen in operating profit, 49.9 billion yen in ordinary profit...
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Mitsui Chemicals Inc. (TYO:4183) has announced that it will acquire the Sunvieo thermoplastic styrene elastomer (TPS) business currently held by Asahi Kasei Corp. (TYO:3407) on Oct. 1. The acquisition price has not been disclosed. With the acquisition, Mitsui Chemicals will be better situated to answer wide-ranging needs in various sectors, such as auto parts and consumer products. Mitsui Chemicals currently...
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Yokohama Rubber Co. Ltd. (TYO:5101) has released its business results for the combined first three quarters (January–September) of the fiscal year ending Dec. 31, 2017, showing strong performance. For this period, the company reported 466.79 billion yen ($4.12 billion) in net sales, up 13.8 percent year-on-year, and 26.38 billion yen in operating profit, up 39.7 percent. Meanwhile, ordinary profit was...
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