TPR Co. Ltd. (TYO:6463), a producer of piston rings, cylinder liners and other key components for internal combustion engines, recently announced that it will acquire carbon masterbatch maker Nobukawa Co. Ltd. as a wholly owned subsidiary on Dec. 13. The move is part of an overall plan by TPR to diversify its operations by moving into the manufacturing and marketing...
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Yokohama Rubber Co. Ltd. (TYO:5101) began limited domestic sales of its new BluEarth-air EF21 tire on Dec. 5. With sales via Yokohama’s website limited to 100 units, the tire is being sold as a special model equipped with leading technology. The new product has adopted Yokohama Rubber’s advanced lightweight design technology in a bid to contribute to overall vehicle weight...
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Yokohama HPT Ltd. (YHPT), a U.K. tire distributor for Yokohama Rubber Co. Ltd. (TYO:5101), has received commendations from two U.K.-based organizations this year for raising awareness about tire safety. In July, non-profit organization and tire safety association TyreSafe named YHPT its Tyre Manufacturer of the Year at the TyreSafe Awards 2017. This is the second year in a row that...
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Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has obtained the highest rating under the Development Bank of Japan Inc.’s (DBJ) Environmentally Rated Loan Program. The program uses a screening system developed by the DBJ to evaluate companies on their environmental management. Companies with excellent environmental ratings are selected to receive special loan conditions based on their rating. Sumitomo...
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Zeon Corp. (TYO:4205) has begun full-scale operations at its optical film plant in Himi, Toyama Prefecture, with a new production line for LCD TV-use retardation film. The new line brings Zeon’s annual production capacity for the film up from 95 million square meters to 119 million square meters. Retardation film is a vital component in LCD TVs, as it widens...
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Production volume for new rubber hoses in 2017 is forecast to be 36,632 tons, up 5.8 percent year-on-year, according to annual demand data compiled by the Japan Rubber Hose Manufacturers Association. Meanwhile, shipment value is forecast at 138.4 billion yen ($1.23 billion), up 2.1 percent. Though production volume and shipment value showed losses last year, both are expected to have...
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