Japan’s consumption of new rubber is estimated to have grown by 3.1 percent year-on-year in 2018, according to a report from the Japan Rubber Manufacturers Association (JRMA). This brings the year’s figures to 1,333,200 tons, representing a second consecutive year of growth after 2017 brought the sector’s first growth in six years. Heading into 2019, however, the JRMA expects that...
[lwa template="modal" register="0"]Subscribe
Bridgestone Corp. (TYO:5108) plans to acquire TomTom Telematics BV, a subsidiary of TomTom NV of the Netherlands. The acquisition is expected to take place during the second quarter of the business year ending December 2019 for a purchase price of 910 million euros ($1.04 billion). TomTom Telematics operates a digital fleet solutions business that provides cloud-based services such as vehicle...
[lwa template="modal" register="0"]Subscribe
The Michelin Group announced on Dec. 18 that it has completed its acquisition of Camso Inc., a Canadian company engaged in the design, production and sales of off-the-road (OTR) mobility solutions. The final price of the acquisition came to $1.36 billion. Through this acquisition, French-based Michelin will become a global leader in the OTR market, tying together the abilities of...
[lwa template="modal" register="0"]Subscribe
Following his inauguration as president of the Japan Rubber Manufacturers Association (JRMA) last May, Ikuji Ikeda has been giving significant thought to where Japan’s rubber industry is headed. After hearing what Ikeda had to say on his role at the JRMA and the hidden potential of rubber, Japan Rubber Weekly found out his thoughts on development trends heading into this...
[lwa template="modal" register="0"]Subscribe
Ikuji Ikeda, president and CEO at Sumitomo Rubber Industries Ltd. (TYO:5110), was inaugurated last May as the 15th president of the Japan Rubber Manufacturers Association (JRMA). Japan Rubber Weekly recently sat down with Ikeda to hear his thoughts on the association and the industry heading into 2019. Defining his role with the JRMA, Ikeda said that he sees his job...
[lwa template="modal" register="0"]Subscribe
While snowy conditions around Japan have started later than average this winter, recent developments are hinting at a more favorable tailwind for sales of studless winter tires. Coming into mid-December, northern Japan is finally seeing full-fledged winter conditions, while elsewhere even parts of the Kanto region are beginning to see snowfall. Publishing a demand forecast this summer for the second...
[lwa template="modal" register="0"]Subscribe
