Industry

Zeon Invests in Taiwanese Startup Developing SWCNT Conductive Paste for Next-Generation Lithium-Ion Batteries

Zeon has announced an investment in Sino Applied Technology (SiAT), a Taiwan-based startup developing conductive paste using single-walled carbon nanotubes (SWCNTs) for next-generation lithium-ion batteries. The investment follows a basic agreement signed in May between the two companies. Under the partnership, Zeon will support SiAT’s plan to expand production capacity for its SWCNT-based conductive paste and will collaborate on joint...

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Sumitomo Electric to Make Sumitomo Riko Wholly Owned Subsidiary

Sumitomo Electric Industries announced that its Board of Directors, at a meeting held on October 30, resolved to make its consolidated subsidiary Sumitomo Riko Company Limited a wholly owned subsidiary through a tender offer. The tender offer price has been set at 2,600 yen ($16.89) per share, with a total acquisition value of approximately 133.3 billion yen. The offer period...

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JRMA Holds 36th Executive Committee Meeting in Osaka

The Japan Rubber Manufacturers Association (JRMA), chaired by Takashi Shimizu, President and CEO of Toyo Tire Corporation, held its 36th Executive Committee meeting on October 24 at the Hotel Hankyu International in Osaka. In his opening remarks, Chairman Shimizu reflected on global and domestic developments that have shaped the year. “This year began with the inauguration of re-elected U.S. President...

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Zeon Launches IoT Platform to Boost Data Use in Manufacturing

Chemical manufacturer Zeon has built and begun operating a new IoT common platform to advance companywide smart factory initiatives. The platform will enable visualization and effective use of diverse data from manufacturing sites and research facilities, driving efficiency in on-site operations and broader deployment of digital technologies. Since 2020, the company has pursued smart factory transformation using digital tools to...

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Resin Belt Production Strong; Food, Logistics Demand Robust

Resin belt production is thriving. According to statistics from the Japan Belting Industry Association, output rose 10% in the first half of 2025 (January-June) from the year-earlier period, marking double-digit growth. Production topped year-ago levels in every month from January to June. February, March and June saw increases of 10% or more. Demand remains brisk in the two largest markets...

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Survey: 2024 Business Performance of 50 Rubber-Related Companies

Japan Rubber Weekly conducted an independent survey between June and July on the fiscal 2024 business performance of rubber-related companies across Japan. The combined non-consolidated sales of the top 50 companies totaled 4.63 trillion yen ($30.37 billion), marking a 1.3% increase compared with the previous fiscal year. During fiscal 2020, the year most affected by the coronavirus pandemic, total sales...

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