Bridgestone Joins Australian Research Project for Sustainable Rail Infrastructure

Bridgestone Corp. (TYO:5108) was announced on May 23 as a member of the Australian-based Industrial Transformation Training Center for Advanced Technologies in Rail Track Infrastructure (ITTC Rail). Operating under the Australian Research Council (ARC), ITTC Rail targets the development of next-generation technologies in rail infrastructure. Bridgestone’s participation here will include the launch of a joint research project with Australia’s University...

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Bando Chemical Targets 120B Yen Sales for 2022 in New Five-Year Business Plan

Bando Chemical Industries Ltd. (TYO:5195) has put together an outline of its new medium-term business plan, “Breakthroughs for the Future 2nd Stage.” Slated to run for five years and end in fiscal 2022, the plan targets expansion both for Bando Chemical’s existing operations – which are focused on belt products – and for its new business areas, specifically with regard...

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Sumitomo Riko Targets 1 Trillion Yen in Sales for 100th Anniversary in 2029

Sumitomo Riko Co. Ltd. (TYO:5191) announced on May 24 that it is switching to a new medium-term management plan, titled 2022 Sumitomo Riko Group Vision (2022V). With recent years seeing factors such as a major transformation in the automotive industry and the rise of protectionism in Western nations, the new plan comes as a fundamental shift to the approach outlined...

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Keeper Looks to Expand Sales of Self-Lubricating Rubber

Keeper Co. Ltd., a manufacturer of industrial rubber products including oil seals for cars, trains and ships, is focusing on increasing the sales of its Lub-Rubber line of self-lubricating rubber. Lub-Rubber possesses self-lubricating properties via the precipitation of a wax component. It is possible to make Lub-Rubber products based on ethylene propylene diene monomer (EPDM) rubber, nitrile rubber (NBR), acrylic...

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Tough Environmental Regulations Impact Elastomix Operations in China

Carbon masterbatch (CMB) manufacturer Elastomix Co. Ltd., a subsidiary of JSR Corp. (TYO:4185), is in the process of increasing its production capacity in China. As part of this, the company will look to take prompt measures to ensure the ensure the scheduling of its operations, with Chinese environmental regulations forcing production shutdowns on days with heavy pollution, among other requirements....

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Nitta Unveils New Phase for Management Plan, Targets 100B Yen in Sales for 2020

Nitta Corp. (TYO:5186) President Motonobu Nitta has revealed Phase 3 of his company’s V2020 medium- to long-term management plan. Starting in fiscal 2018, Phase 3 is set to cover a three-year span ending in fiscal 2020. By this point, the plan aims to achieve annual sales of 100 billion yen ($913 million), up from 72.9 billion yen in fiscal 2017,...

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