The Japan Rubber Manufacturers Association (JRMA) has revealed its forecast for the consump-tion of new rubber in 2022. Despite concerns around an economic downturn due to the rapid in-crease in Omicron cases, the forecast points to Japan’s consumption of new rubber as rising 7.9 percent year-on-year, reaching 1.35 million tons. In the realm of automotive tires and tubes for OE...
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Japan Rubber Weekly recently carried out a survey on business conditions, earnings projections and other such topics in the rubber and polymer product manufacturing industry, conducting this over mid to late December. Answers from 100 respondents were then analyzed to get a picture of how things are going in this field. On the topic of earnings projections for fiscal 2021,...
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Sumitomo Riko Co. Ltd. (TYO:5191) has installed and started up solar power facilities at a plant operating in Mitake, Gifu Prefecture, under domestic group company Tokai Chemical Industries Ltd. These facilities have been established as part of an on-site power purchase agreement (PPA), marking the Sumitomo Riko Group’s third domestic site to make use of such a model. The on-site...
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The Japan Automobile Tyre Manufacturers Association (JATMA) has responded to a request from Kama City in Fukuoka Prefecture, deciding to support a local restoration project in the form of waste tire removal. The association revealed on Jan. 7 that a JATMA representative has handed Kama City Mayor Yukihiro Akama a written notification of this decision. This decision will see JATMA...
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Ikuji Ikeda, president of the Japan Rubber Manufacturers Association (JRMA) and chairman of Sumitomo Rubber Industries Ltd. (TYO:5110), spoke recently about just what the JRMA has been up to of late. For one, he noted how a centerpiece of the association’s activities last year was getting the manufacture of rubber products added as an occupation type under Japan’s Technical Intern...
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Toyo Tire Corp. (TYO:5105) recently donated $50,000 to areas of the southern and midwestern U.S. stricken by massive tornadoes. Administered through the Warren County Public Schools Disaster Relief Fund for Families, the donation is aimed at offering sympathy to the victims and helping with recovery and reconstruction efforts for the affected areas. A spokesperson for Toyo Tires offered prayerful wishes...
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