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ENEOS and Mitsubishi Chemical Complete Chemical Recycling Facility for Plastic-to-Oil Conversion

on July 11, 2025 in Industry

ENEOS and Mitsubishi Chemical have completed the construction of a chemical recycling facility at Mitsubishi Chemical’s Ibaraki Plant in Kamisu City, Ibaraki Prefecture. The facility, which had been under development since July 2021, is designed to support the launch of a plastic-to-oil conversion business. The new facility uses supercritical water hydrolysis technology developed by UK-based Mura Technology to chemically break...

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Bando Deepens Core Business and Advances New Ventures: FY Results

on July 10, 2025 in Industry, Products

Bando Chemical reported steady growth in its transmission belt-related segments for the fiscal year ended March 31, 2025. In the automotive parts segment, the company posted revenue of 58.05 billion yen ($399.12 million), up 9.0% year-on-year, with segment operating profit rising 19.1% to 4.89 billion yen. In Japan, despite a decrease in overall vehicle production, sales of auxiliary drive belts...

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Mitsuboshi Belting Says FY Sales Strong, Eyes to Expand Sustainable Belt Lineup

on July 9, 2025 in Products

Mitsuboshi Belting reported increased sales in its power transmission belt business for the fiscal year ending March 2025, driven by strong domestic and international performance. In Japan, demand in the automotive aftermarket—especially for replacement belts for trucks—was robust, while the industrial machinery sector saw growth due to increased production among manufacturers of injection molding machines and robots. Internationally, the automotive...

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CITEXPO 2025 to Be Held in Shanghai This September

on July 8, 2025 in Industry, Tires

The 20th edition of the China International Tire Expo (CITEXPO 2025), the largest tire trade show in the Asia-Pacific region, will take place from September 3 to 5, 2025, at the Shanghai World Expo Exhibition & Convention Center in Pudong, Shanghai. The event is organized by Reliable International Exhibition Services. CITEXPO is a leading B2B exhibition focused primarily on automotive...

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Bridgestone to Transfer 66.6% Stake in Bridgestone Logistics to SBS Holdings

on July 8, 2025 in Industry

Bridgestone has signed an agreement to transfer 66.6% of the shares of its wholly owned subsidiary, Bridgestone Logistics, to SBS Holdings, a leading logistics group in Japan. The move is part of Bridgestone’s ongoing efforts to strengthen its global business structure and accelerate the foundation for growth with enhanced quality. In Japan, the company is pushing forward with business restructuring...

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Totaku Industries to Change Name to Nagase RooTAC on November 1

on July 7, 2025 in Products

Totaku Industries, a manufacturer and distributor of flexible hoses and pipes based in Osaka, will change its name to Nagase RooTAC effective November 1. Despite the rebranding, the company’s headquarters address, phone number, product names, business operations, and existing brands—such as Totaku—will remain unchanged. The decision to rename the company is part of a broader initiative to strengthen synergies within...

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