Industry

Sumitomo Rubber Completes Transaction to Acquire Dunlop Trademark Rights from Goodyear

Sumitomo Rubber announced on May 8 that it completed on May 7 the acquisition of the Dunlop trademark and other rights for four-wheel tires in Europe, North America, and Oceania from The Goodyear Tire & Rubber Company. Sumitomo Rubber paid $631 million for the trademark and contractual rights, as well as transition support costs related to the transition of Dunlop...

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Rubber Belt Exports and Imports in 2024: Japan Belting Industry Association

The Japan Belting Industry Association announced the 2024 import and export performance of rubber belts, compiled based on Ministry of Finance trade statistics. According to the data, export value was 48.35 billion yen ($340.24 million), up 6% from the previous year, and import value was 12.80 billion yen, up 11% from the previous year. Imports shifted from a decline in...

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Zeon and Visolis Complete Commercialization Study for Bio-Isoprene Monomers and Sustainable Aviation Fuel

Zeon and U.S.-based Visolis have completed a feasibility study for the commercialization of bio-isoprene monomers and sustainable aviation fuel (SAF), as outlined in their March 2024 Memorandum of Understanding (MOU). The companies have decided to move to the next stage, preparing for the construction of production facilities. The production facilities will use intermediate products from Visolis’ fermentation process as raw...

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Kuraray Obtains ISCC PLUS Certification in America and Europe

Kuraray has obtained ISCC PLUS certification, an international certification system for sustainable products, for six vinyl acetate-related products at four group companies and four production facilities in the U.S. and Europe by October 2024. The company has established a certified supply chain between Europe and the United States, starting with vinyl acetate (VAM) produced at the La Porte Plant in...

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Toyo Tires to Sponsor Four LPGA Tournaments

Toyo Tires will sponsor four major tournaments of the LPGA (Ladies Professional Golf Tour organized by the Ladies Professional Golf Association of America): the Chevron Championship, the KPMG Women’s PGA Championship, the Amundi Evian Championship, and the AIG British Women’s Open. LPGA Major Tournament is the collective name for five prestigious tournaments that are positioned as the pinnacle of women’s...

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Bridgestone Receives Industrial Property Rights Award

On the occasion of the 140th anniversary of the establishment of Japan’s industrial property rights system, Bridgestone was presented with the 2025 Prime Minister’s Certificate of Appreciation as a company that has made extremely significant contributions and achievements in the diffusion and development of the industrial property rights system. Industrial property rights are the collective name for four types of...

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