Zeon Plans New Thai Subsidiary for Production of Acrylic Rubber

Zeon Corp. (TYO:4205) has announced that it intends to establish a new subsidiary, tentatively named Zeon Chemicals Asia Co. Ltd., to help in expanding its business for the manufacture and sale of acrylic rubber. The subsidiary will be located in Rayong Province, Thailand, and capitalized at 1.25 billion baht ($38.13 million). Acrylic rubber provides for excellent resistance to heat and...

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Nishikawa Rubber to Establish Chinese Production Base for Automotive Seals by End of Year

Nishikawa Rubber Co. Ltd. (TYO:5161) has announced that it will establish a Chinese manufacturing and sales subsidiary for rubber and plastic auto parts in the outskirts of Wuhan, Hubei Province. By starting up a new base here, the company hopes to better meet the needs of its major customers, seeing these needs growing in tandem with China’s domestic automotive market....

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Nitta Posts Strong Q1 Results as President Expresses Concerns Over China–US Trade War

Nitta Corp. (TYO:5186) has reported rising sales and profits for the first quarter of fiscal 2018. This puts the company on a solid start to achieving its medium-term management plan goal of generating 100 billion yen ($899.62 million) in sales for fiscal 2020. Sales for the quarter came out to 21.63 billion yen, growing 19.2 percent year-over-year. Operating profit increased...

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JRW Study: Japan’s Top 100 Rubber Firms See Rising Sales, Falling Profits for 2017

More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...

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Tokai Carbon Set to Hugely Outperform Targets From T-2018 Management Plan

Tokai Carbon Co. Ltd. (TYO:5301) appears likely to significantly exceed targets set under T-2018, the company’s medium-term management plan slated to end this fiscal year after a three-year run. Coming as a result of increased product prices and other such factors, the company now expects to post annual figures far above its initial targets of 110 billion yen ($990.23 million)...

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Bridgestone Makes New Discoveries in Monitoring, Measuring of Strain-Induced Crystallization in Rubber

Bridgestone Corp. (TYO:5108) has discovered a technique for monitoring and measuring strain-induced crystallization in natural and isoprene rubber at a record-high temporal resolution. The basic technology for this was developed using Spring-8, a large synchrotron radiation facility in western Japan. Natural rubber is less susceptible to cracking than typical isoprene rubber, with one suspected reason for this being the crystallization...

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