JSR Life Sciences LLC, a group company under JSR Corp. (TYO:4185), recently announced that it will be expanding cutting-edge facilities in Europe to grow its business for biopharmaceuticals. These facilities will serve to bolster the activities of two affiliates: namely, U.S.-based KBI Biopharma Inc. and Swiss-based Selexis SA. Through this expansion, the two affiliates will end up occupying a combined...
Industry
JSR Endorses Task Force on Climate-Related Financial Disclosures
JSR Corp. (TYO:4185) has declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), an initiative established by the Financial Stability Board (FSB). The JSR Group sees climate change as being not just an issue confronting society but also a crucial priority for its own group operations. Further, believing that the TCFD recommendations are an...
JSR to Set up Joint Research Department With Institute of Statistical Mathematics
JSR Corp. (TYO:4185) and the Institute of Statistical Mathematics (ISM) recently announced that they have agreed to establish a joint research department named the JSR-ISM Smart Chemistry Lab, with aims being to get started this month. Through this joint lab, the partners intend to develop basic technologies that promote data-driven materials research. These technologies will then be used to significantly...
Japan Sees Imports and Exports of Rubber Products Drop Significantly Amid Pandemic
Japan’s exports of rubber products fell 23.2 percent year-on-year to 453.8 billion yen ($4.3 billion) over January–August, while imports were down 11.3 percent to 273.8 billion yen, according to trade figures published by the Ministry of Finance and compiled by the Japan Rubber Manufacturers Association (JRMA). The spread of COVID-19 had a significant impact on both fronts here. Exports showed...
Bridgestone Group Wins Good Design Award for Two New Products
Bridgestone Corp. (TYO:5108) and Bridgestone Cycle Co. Ltd. have each received an award as part of the 2020 Good Design Awards run by the Japan Institute of Design Promotion (JIDP). The first of these awards was given for a prosthetic sole to be used by athletes, while the other was given for the TB1e electric assist bicycle. The prosthetic sole...
Rubber and Plastic Hose Sector Faces Mixed Outlook for Market Recovery
Demand trends for rubber and plastic hoses appear to be showing mixed signs at present, with different prospects lying ahead for each application. In the area of automotive hoses, things have been slowly trending upward, spurred on by an automotive production rebound that started in summer. But at the same time, there appears to be little hope of a quick...