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Yokohama Rubber Charity Fund Makes Donation to ChildFund Japan

on March 20, 2019 in Tires

Yokohama Rubber Co. Ltd.’s (TYO:5101) Yokohama Magokoro Fund, a charity initiative funded by voluntary employee donations, has contributed funding to support ChildFund Japan. As a special nonprofit organization (NPO), ChildFund Japan runs initiatives such as a sponsorship program that sees sponsors exchange letters with children in need while helping to support their growth. To bolster the donation, Yokohama Rubber has...

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Japanese Belt Exports Stay Flat for 2018 While Imports Rise 16%

on March 19, 2019 in Industry

Japan’s rubber belt exports for 2018 were largely unchanged year-on-year at a value of 39.62 billion yen ($356.06 million), according to foreign trade statistics released by the Ministry of Finance (MoF) and put together by the Japan Belting Manufacturers Association. Rubber belt exports to the U.S. – the Japanese sector’s top customer here – were up 11 percent year-on-year, while...

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JSR to Switch up Top Management With New Positions, New President

on March 18, 2019 in Market Background, Materials

JSR Corp. (TYO:4185) announced on March 14 that it intends to restructure its top management, having made a decision on this at a board of directors meeting earlier that day. Managing Officer Eric Johnson, 57, has been selected to fill the newly created role of CEO. Meanwhile, Nobuo Kawahashi, 62 – currently an executive managing officer at JSR – was...

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Michelin Japan Details Ideas to Cut Down on Tire Waste via Regrooving, Retreading

on March 15, 2019 in Tires

Nihon Michelin Tire Co. Ltd. has detailed a number of solutions that it can provide to help with environmental issues. Holding a March 12 media seminar on this at the first day of the New Environmental Exposition 2019, Michelin Japan VP Takaaki Takahashi said that his company is setting out with a long-term strategy aimed at significantly cutting down on...

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Sumitomo Rubber Works With German Research Institute to Clarify Processes Behind Natural Rubber Failure

on March 14, 2019 in Industry, Innovation

Sumitomo Rubber Industries Ltd. (TYO:5110) has managed a world-first success in shedding light on the crystallization process that occurs at the tips of cracks in natural rubber – crystallization referring here to rubber molecules becoming aligned in the direction of elongation when the rubber is stretched. The company’s research on this was carried out in conjunction with the Leibniz Institute...

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Mitsui Chemicals Establishes Design & Solution Center in Niigata Prefecture

on March 13, 2019 in Materials

Mitsui Chemicals Inc. (TYO:4183) recently announced that it has opened the Design & Solution Center, a new base intended to bring together the Mitsui Chemicals Group’s wide range of development capabilities. These capabilities span from design to analysis, molding, prototyping and evaluation. Located in Sanjo, Niigata Prefecture, the new base has a floor area of 2,700 square meters. An opening...

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