Nitta Sees Strong Performance for Resin Belting in Distribution, Food Sectors

Nitta Corp. (TYO:5186) is expecting its belting division to report year-on-year sales growth of around 5–9 percent for the first half of fiscal 2018. The company’s NLG series of resin conveyor belts have recently been met with strong performance in the distribution sector as well as positive trends in the food sector, causing year-on-year sales growth percentage here to be...

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Goodyear Eyes Increased Growth for All-Season Tires in Japanese Market

The Goodyear Tire & Rubber Co. is a pioneer in the field of all-season tires, boasting a 40-year history with these in the market for radial tires. Now, the major U.S. tire maker has set its sights on expanding this business in Japan. True to their name, all-season tires are able to maintain steady performance in any season of the...

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Tokai Carbon to Cover US Environmental Facility Investment Cost With Price Hike on Carbon Black

Tokai Carbon Co. Ltd. (TYO:5301) will pass on the investment cost for environmental provisions made at its U.S. base to its price of carbon black. The company is negotiating the price for the next fiscal year and plans to transfer the additional cost to the sale price as a surcharge. The U.S. carbon black market has faced tightening environmental regulations...

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Bridgestone Sees Strong Conveyor Belt Sales on Back of American Mining Demand

Bridgestone Corp. (TYO:5108) has seen its overseas sales of conveyor belts generate increased revenue year-on-year for the first half of calendar 2018. And a major factor here has been strong demand from the mining sector in the Americas. Both North and South America showed particularly strong demand for copper ore and iron ore mining over the period, while figures in...

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Sumitomo Rubber Positions Turkish Plant as Crucial Supply Base for European Market

Sumitomo Rubber Industries Ltd. (TYO:5110) is working to increase its presence in the European tire market. Currently, the company controls a market share of roughly 3 percent here, but aims are to boost this to 5 percent by 2020–2022. Central to Sumitomo Rubber’s plans are the company’s Turkish plant, which supplies products to the European market. With Sumitomo Rubber opening...

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Carbon Black Association Points to International Competition at 70th Anniversary Event

Japan’s Carbon Black Association held its 21st annual convention on Oct. 9, commemorating the association’s 70th anniversary since its 1948 establishment and providing discussion on issues in the industry. Speaking at the event, Hajime Nagasaka – head of the Carbon Black Association and President at Tokai Carbon Co. Ltd. (TYO:5301) – commented on the competitive environment currently facing the industry...

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