Bando Chemical President Details Plans in Preparation for EV Shift

Mitsutaka Yoshii, president of rubber belt and functional parts manufacturer Bando Chemical Industries Ltd. (TYO:5195), sat down with Japan Rubber Weekly ahead of the new year to discuss his company’s plans for 2018. Noting that Bando’s new businesses have finally taken shape, he stressed that placing them on a sound growth footing is the key task in the second stage...

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Nichirin Prepares for Auto Industry’s Shift to Electric Vehicles

Nichirin Co. Ltd. (TYO:5184), a manufacturer specializing in automotive hoses, has set up a production technology center within the company’s Himeji Factory. In a recent interview with Japan Rubber Weekly, Nichirin President Ryuichi Maeda said that the company will use the center to tackle innovative manufacturing and develop new production methods. In addition, he said, Nichirin will focus on bolstering...

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Yokohama Rubber Launches New Racing Kart Tire Approved by JAF

Yokohama Rubber Co. Ltd. (TYO:5101) launched on Jan. 10 the Advan SLJ-branded ADJ racing kart tire, which meets the tire specifications of the Japan Automobile Federation (JAF). The tire comes in two sizes – 3.6×10.0-5 and 5.0×11.0-5 – and has no suggested retail price. A dry tire for cadet-class racing karts, the ADJ is based on its predecessor, the AAJ....

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Sumitomo Riko President Talks Electric Vehicles and Adaptation

The auto industry’s transition to electric vehicles (EVs) is picking up pace. However, Toru Matsui, president of major rubber part manufacturer Sumitomo Riko Co. Ltd. (TYO:5191), says the trend is not having as much of an impact on the company as public discussion would imply. That being said, Sumitomo Riko has responded to the wave of EV innovation by setting...

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Sumitomo Rubber CEO Discusses Company Direction in Bid for Vigorous Growth

Sumitomo Rubber Industries Ltd. (TYO:5110) plans to surpass its sales goals for 2018, said President and CEO Ikuji Ikeda in a recent interview with Japan Rubber Weekly. The company, he said, is looking to turn around its business ahead of 2020, the company’s Vision 2020 target year. Ikeda said that the automotive industry, to which Sumitomo Rubber is deeply connected,...

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Shin-Etsu Plans January Price Hike for PVC

Shin-Etsu Chemical Co. Ltd. (TYO:4063) recently announced that it will raise its polyvinyl chloride (PVC) price by at least 15 yen per kilogram for shipments from Jan. 21 onward. Explaining the decision, a company representative said that crude oil and naphtha prices are expected to continue increasing from autumn onward, and that costs are also rising for utilities, transport and...

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