Tosoh Corp. (TYO:4042) has announced that it will be raising its prices for polyvinyl chloride (PVC) paste by over 16 yen ($0.14) per kilogram as of Nov. 1. The company had previously announced on July 19 that it would be increasing its PVC price by 10 yen per kilogram. But with the cost of domestically produced naphtha – a basic...
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Zeon Corp. (TYO:4205) plans to build an additional production line for retardation films to be used in large television screens. The company will invest in the range of 10 billion yen ($88.86 million) to build a new production line with an annual capacity of 50 million square meters at its Tsuruga Plant in Tsuruga City, Fukui Prefecture. Plans are to...
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Continental Tire Japan Co. Ltd., the Japanese arm of Continental AG, has launched a competition to promote the new VikingContact 7 – a studless winter tire launched in Japan this September. The entry period for this competition opened on Oct. 5 and is set to close on Oct. 31. As a next-generation studless winter tire, the VikingContact 7 expertly combines...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has released a new anime short to promote its Winter Maxx series of studless winter tires. Having last year released a first short named “Road to You: Kimi e to Tsuzuku Michi” to a strong reception, the company has now followed this up with “Road To You: Hoshi Furu Oka no Yakusoku,” releasing the video...
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Synthetic rubber, carbon black and a range of other raw materials have entered into a major period of price rises. This comes as price spikes for crude oil and naphtha – as well as the rising costs of distribution – place increasing pressure on companies in the industry. In synthetic rubber, industry leader JSR Corp. (TYO:4185) has announced that it...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has adopted a procurement policy for sustainable natural rubber. The company will use this to detail its stance and efforts with regard to natural rubber procurement – as well as any related requests made to suppliers – and plans to implement the policy throughout the entirety of its group’s supply chain....
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