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Rubber Unions Increase Demands on Tire Manufacturers

on March 13, 2018 in Industry

Member unions of the Japanese Rubber Workers Union Confederation (JRC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Looking specifically at the per-company wage demands for 35-year-old workers in the tire industry, unions are demanding a 5,600 yen ($52.70) increase from Bridgestone Corp. (TYO:5108), a 5,500 yen...

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Sumitomo Rubber Supplies Eco-Friendly Dunlop Tire for Nissan EV

on March 12, 2018 in Tires

Sumitomo Rubber Industries Ltd. (TYO:5110) recently started delivering the Dunlop Enasave EC300+, an environmentally friendly tire, to Nissan Motor Co. Ltd. (TYO:7201) for use in the automaker’s updated Nissan Serena e-Power, which is slated for a Japanese launch this March. The Enasave EC300+ has been developed with optimization of the new Serena e-Power’s performance in mind. Aside from its high...

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Kuraray Announces Plan to Form Butadiene Derivatives JV With PTTGC, Sumitomo

on March 9, 2018 in Industry

Kuraray Co. Ltd. (TYO:3405) announced on March 7 that it has inked a joint venture agreement with Sumitomo Corp. (TYO:8053) and Thai-based PTT Global Chemical PCL (PTTGC) for a butadiene derivative business. The three companies began detailed feasibility studies in September 2016. Ahead of the final decision on investment, they signed an agreement to hold further discussions and to file...

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Kawaichi Tech Looks to Bring High-Performance Products to Indian Water Treatment Market

on March 8, 2018 in Products

Kawaichi Tech Co. Ltd. has acted as the only rubber and resin company to take part in a recent Indian business tour for market development opportunities in the area of water treatment. The event, held over Feb. 13–16 in Bengaluru and New Delhi, was sponsored by the Japan External Trade Organization (JETRO). Kawaichi Tech operates in numerous areas relating to...

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Yokohama Rubber Pushes Sales of High-Pressure Hydrogen Hoses

on March 7, 2018 in Products

Yokohama Rubber Co. Ltd. (TYO:5101) is stepping up efforts to expand sales of its ibar series of resin hoses for high-pressure hydrogen dispensing. The ibar series was co-developed with Iwatani Industrial Gases Corp. to allow hydrogen dispensing for fuel cell vehicles, which are expected to rise in popularity moving forward. With a hybrid structure combining fiber and steel wires, products...

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Construction Equipment Demand Expected to Boost High-Pressure Hoses in 2018

on March 6, 2018 in Industry

Business is expected to stay robust for the construction machinery industry, which is a major source of demand for high-pressure hoses. According to data recently released by the Japan Construction Equipment Manufacturers Association (CEMA), the shipment value of construction equipment is expected to rise 5 percent year-on-year for fiscal 2018, reaching a total of 2.4 trillion yen ($22.61 billion). Driven...

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