Tosoh Corp. (TYO:4042) recently announced that group company Tosoh Silica Corp. has decided to establish a JV with South Korea’s Namhae Chemical Corp. Named Tosoh Namhae Silica Corp., this new JV will build a base to produce silica for use in fuel-efficient tires. Plans are for the new production base to get up and running in October 2021. This would...
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Mitsui Chemicals Inc. (TYO:4183) and Prime Polymer Co. Ltd. announced on June 11 that they have begun business operations at Mitsui Prime Advanced Composites Europe BV (ACE), a joint venture that also includes Mitsui & Co. Ltd. (TYO:8031). Located within Chemelot Industrial Park in the Netherlands, ACE is the Mitsui Chemicals Group’s first polypropylene (PP) compounding plant in Europe. The...
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The general performance of listed rubber companies has been compiled for fiscal 2019, during which the impact of the novel coronavirus pandemic began to become apparent. Among chemical companies, the elastomer business experienced lower revenue and earnings at synthetic rubber manufacturers JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205). This was attributable to a global slump among buyers in automobile and...
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Bridgestone Corp. (TYO:5108) recently announced that it has received two awards from Toyota Motor Corp. (TYO:7203): the Technology & Development Award and the Superior Value Improvement Award. The Technology & Development Award is given out to suppliers who have managed to advance manufacturing by way of innovative technologies. Meanwhile, the Superior Value Improvement Award recognizes supplier attitudes and achievements with...
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The Japan Automobile Tyre Manufacturers Association (JATMA) appointed a new chairman and vice chairman at its annual general meeting on May 26, 2020. Masahiro Higashi of Bridgestone Corp. (TYO:5108) has replaced Takashi Shimizu of Toyo Tire Corp. (TYO:5105) as chairman, while Masataka Yamaishi of Yokohama Rubber Co. Ltd. (TYO:5101) has taken over from Bridgestone’s Akihiro Eto as vice chairman. This...
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JSR Corp. (TYO:4185) recently announced that it has formed a comprehensive collaboration with the Department of Physics at the University of Tokyo’s Graduate School of Science. Joint research here started up on April 1. The first initiative under the tie-up is to establish a collaborative research base for bringing together physics and chemistry. Named the “JSR–UTokyo Collaboration Hub, CURIE,” this...
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