Zeon Corp. (TYO:4205) subsidiary Zeon Chemicals Asia Co. Ltd. recently launched commercial production of acrylic rubber at a base in Rayong Province, Thailand. The Zeon Group has to date carried out its acrylic rubber production across three bases, these being located in Kawasaki and Kurashiki, Japan, and one in the U.S. By now adding commercial production in Thailand as well,...
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Goodyear Tire & Rubber Co. recently announced that it has formed a strategic collaboration with PlusAI Inc. (Plus), a global provider of autonomous driving technology for trucks. By supplying a suite of services here – including connected tires – Goodyear aims to help further improve the transportation efficiency and safety of trucks based on Plus’s Level 4 autonomous driving technology...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently launched demonstration testing for its newly developed tire solution service, beginning efforts here earlier this month in conjunction with Orix Auto Corp. The testing here is seeing Yokohama Rubber’s Tire air Pressure Remote access System (TPRS) get fitted to vehicles under Orix CarShare, a car sharing business run by Orix. TPRS is capable of...
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Bando Chemical Industries Ltd. (TYO:5195) is moving this year to close and liquidate Bando (Shanghai) Industry Equipment Element Co. Ltd., a group company that carries out conveyor belt production and related production for the Chinese market. However, Bando Chemical still sees the Chinese conveyor belt sector as offering a promising market going forward. The company will therefore look to have...
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The Japan Automobile Tyre Manufacturers Association (JATMA) has revealed its mid-year revised forecast for domestic tire demand, with the association increasing its projections for a number of markets. According to the JATMA report, aftermarket demand for passenger car summer tires was up 8 percent year-on-year for the first half of 2021. With demand for the second half then projected to...
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Chemical company Tosoh Corp. (TYO:4042) has been selected as part of the FTSE4Good Index Series and the FTSE Blossom Japan Index, both prominent indices for ESG investments. The FTSE4Good Index Series is an index developed and offered by FTSE Russell, part of the London Stock Exchange Group. It looks at major companies around the world and selects those making particularly...
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