Industry

Uncertainty in Chinese Market: JRM

On October 15, the Japan Rubber Machinery Association (JRM; Chairman Yasuhiko Takagi, president of Kansai Roll Co. Ltd.) held its 36th regular meeting in Kobe at Sun Members Kobe, attended by 24 persons from 21 member companies. Reports were given regarding conditions for the previous term and first half of this term from all member companies in attendance, with conditions...

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JAMA: August Decline in Motor Vehicle Production

According to figures collected by the Japan Automobile Manufacturers’ Association (JAMA), the number of motor vehicles (4-wheeler) produced in August 2015 was 605,000, an approximate 5 percent drop over the same month of the previous year. It was also the 14th consecutive month that the figure had fallen compared to the same month of the previous year. In terms of...

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Toyo Tire & Rubber Reaches a Settlement in U.S. Antitrust Case

At a meeting with the board of directors held on Sept. 17, 2015, Toyo Tire & Rubber Co. Ltd. announced that the company had reached a 4.2 billion yen (approximately $35 million) settlement with automobile manufacturers who were seeking damages for alleged U.S. antitrust violations. Regarding U.S. antitrust violations concerning price adjustments by Toyo Tire & Rubber of automotive anti-vibration...

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Zeon Establishes a New Company in India

Zeon Corp. has established a new company in Gurgaon, Haryana, India. It began business on Oct. 1, 2015 and is involved in importing, selling, and marketing. The new company is called Zeon India Private Limited (capital: 15 million Indian rupees). It is involved in the import, sale, and marketing of synthetic rubber and other Zeon group products. The establishment of...

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Bando Chemical: Automotive Transmission Belts Experience Drop, Resin Conveyor Belts Perform Strongly

Mitsutaka Yoshii, president of Bando Chemical Industries Ltd. (Kobe Head Office), a leading belt manufacturer, explained the current status in the third year of implementation of the company’s medium- and long-term management plan. Results of the first quarter (April-June) indicate that sales increased 4.3 percent while operating income increased 30.6 percent, both compared to the same period last fiscal year. In...

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KRMA Pursues Joint Research Into Hydrogen Resistant Rubber Components

The Kyushu Rubber Manufacturers Association (KRMA) launches research into hydrogen resistant rubber parts and starts a joint research project for components for fuel cell cars. Through partnerships with Kyushu University and other local research institutions, the association is pursuing both the independent and joint development of rubber components for fuel cell vehicles, developing items like sealing materials and linings for...

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