Kiyoshi Doi, president of major oil seal producer NOK Corp. (TYO:7240), recently provided his thoughts on how the ongoing trade war between the U.S. and China is impacting his company’s business. NOK’s operations see the company ship products both from the U.S. to China and vice versa, Doi said. He therefore expects that tariffs being placed on these products will...
Materials
Denka Plans Productivity Boost for Chloroprene Rubber as Global Supply Remains Tight
Denka Co. Ltd. (TYO:4061) President Manabu Yamamoto has shed light on his company’s future plans for chloroprene rubber (CR), which is currently up against a tight supply–demand balance around the world. Yamamoto revealed that Denka is looking to increase its productivity for the material via bottleneck removal, implementing moves for this not only at the company’s Omi Plant in Japan...
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Sanyo Trading Posts Strong Results on Back of Rubber-Related Product Sales
Raw materials trading firm Sanyo Trading Co. Ltd. (TYO:3176) has posted a strong set of business results for the fiscal year ending September 2018. Over the period, the company achieved 78.45 billion yen ($688.8 million) in sales, up 15.8 percent year-on-year; 5.26 billion yen in operating profit, up 6.6 percent; 5.58 billion yen in ordinary profit, up 5.8 percent; and...
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Denka Establishes New Hub to Integrate Management, Bolster Cooperation at Omi Plant
Denka Co. Ltd. (TYO:4061), a chemical firm that produces synthetic rubber and high-performance polymers, recently announced that it has completed construction of a new general office at its Omi Plant in Niigata Prefecture. Named the Omi Innovation Hub, this new facility will be used to bring more integrated and efficient management to the plant while also facilitating cooperation between different...
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Yokohama Rubber Makes Strides Toward Sustainable Future With New Procurement Policy
Yokohama Rubber Co. Ltd. (TYO:5101) announced on Oct. 15 that it has decided to adopt a new, sustainability-focused procurement policy for natural rubber. The new policy will serve to highlight Yokohama Rubber’s stance on natural rubber procurement, a range of efforts that the company is making in the area and any relevant requests for suppliers. Plans are to implement the...
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Tokai Carbon to Cover US Environmental Facility Investment Cost With Price Hike on Carbon Black
Tokai Carbon Co. Ltd. (TYO:5301) will pass on the investment cost for environmental provisions made at its U.S. base to its price of carbon black. The company is negotiating the price for the next fiscal year and plans to transfer the additional cost to the sale price as a surcharge. The U.S. carbon black market has faced tightening environmental regulations...
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