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Japan Rubber Workers Union Confederation Negotiates Average Wage Increase of 5,243 Yen

on April 5, 2017 in Industry

The Japanese Rubber Workers Union Confederation (JRWUC) has disclosed settlement results from the 2017 spring labor offensive negotiations regarding monthly wage and annual bonus demands to major rubber companies. Forty-nine of the JRWUC’s 58 member unions submitted demands to the companies of the unions’ respective labor forces, from which 21 unions have reached agreements. Forty-five of these member unions submitted...

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Major Rubber Manufacturers Increase New Graduate Recruitments for 2017

on April 4, 2017 in Industry

Both publicly listed and private rubber manufacturers in Japan held ceremonies on April 3 to welcome their new employees. Japan Rubber Weekly conducted a survey of major rubber companies and related businesses regarding the current landscape for the recruitment of new hires out of high school, undergraduate school and graduate school in the spring of 2017. According to responses from...

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Zeon, Sumitomo Chemical S-SBR Joint Venture to Commence Operations in April

on March 22, 2017 in Industry, Materials

ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will commence operations on April 3. ZSE has obtained approvals from the relevant authorities in Japan and overseas and will take over the sales and R&D functions of Zeon and Sumitomo Chemical’s S-SBR businesses. The company will also...

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Rubber Unions Demand Average Wage Hike of 1.89%

on March 21, 2017 in Industry

Member unions of the Japan Rubber Workers Union Confederation (JRWUC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Demands have been made by 52 out of a total 58 JRWUC member unions, with a total of 42 unions demanding higher monthly wages. While monthly wage demands from...

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Sumitomo Chemical Nears Completion of Saudi EPDM Plant

on March 9, 2017 in Industry, Materials

Sumitomo Chemical Co. Ltd. (TYO:4005) and Saudi Aramco have been moving forward somewhat more slowly than anticipated with the ethylene propylene diene monomer (EPDM) plant under their joint Petro Rabigh project. But now the plant, scaled at 75,000 tons in annual production, looks to achieve mechanical completion sometime around April–June this year. Once there are finished products on hand, plans...

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Construction Machinery High-Pressure Hoses Ride Upward Momentum in Demand

on March 7, 2017 in Industry, Market Background

Demand is bouncing back for high-pressure hoses used in construction machinery and machine tools, coming against a backdrop of increased demand for construction machinery. According to machinery order statistics released by the Cabinet Office of Japan, orders have been up for five consecutive months, running back to August 2016. The other major source of demand, machine tools, remains in contrastingly...

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