Industry

Hanwa Signs Basic Agreement with Thai Tire Chip Manufacturers

Osaka-based trading company Hanwa has announced that its Thai subsidiary, Hanwa Thailand, has signed a basic agreement with Thai waste tire collection and tire chip manufacturing companies Pralan Energy and R&T (2018). The agreement covers the supply of tire chips, which will be promoted as an alternative to coal fuel both domestically and internationally. Around the world, large quantities of...

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Bridgestone to Transfer Partial Stake in Bridgestone Logistics to SBS Holdings

Bridgestone has announced that it has signed an agreement to transfer to SBS Holdings 66.6% of the shares in its wholly owned subsidiary Bridgestone Logistics. Through this partial transfer, Bridgestone aims to strengthen management resources and support the continued growth of Bridgestone Logistics. Bridgestone Logistics has been advancing initiatives to enhance the efficiency and sustainability of tire logistics. These efforts...

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Bridgestone Transfers Carbon Black Operations in Thailand to Tokai Carbon

Bridgestone has signed an agreement to transfer ownership of its group company Bridgestone Carbon Black (Thailand) to Tokai Carbon and its Thai subsidiary, Thai Tokai Carbon Product. Bridgestone is restructuring its in-house carbon black operations by focusing on areas where collaboration with partners who possess specialized expertise, global networks, and resources can add value. Tokai Carbon, a global partner whose...

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ENEOS and Mitsubishi Chemical Complete Chemical Recycling Facility for Plastic-to-Oil Conversion

ENEOS and Mitsubishi Chemical have completed the construction of a chemical recycling facility at Mitsubishi Chemical’s Ibaraki Plant in Kamisu City, Ibaraki Prefecture. The facility, which had been under development since July 2021, is designed to support the launch of a plastic-to-oil conversion business. The new facility uses supercritical water hydrolysis technology developed by UK-based Mura Technology to chemically break...

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Bando Deepens Core Business and Advances New Ventures: FY Results

Bando Chemical reported steady growth in its transmission belt-related segments for the fiscal year ended March 31, 2025. In the automotive parts segment, the company posted revenue of 58.05 billion yen ($399.12 million), up 9.0% year-on-year, with segment operating profit rising 19.1% to 4.89 billion yen. In Japan, despite a decrease in overall vehicle production, sales of auxiliary drive belts...

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CITEXPO 2025 to Be Held in Shanghai This September

The 20th edition of the China International Tire Expo (CITEXPO 2025), the largest tire trade show in the Asia-Pacific region, will take place from September 3 to 5, 2025, at the Shanghai World Expo Exhibition & Convention Center in Pudong, Shanghai. The event is organized by Reliable International Exhibition Services. CITEXPO is a leading B2B exhibition focused primarily on automotive...

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