Industry

Dow Chemical Japan Holds Tokyo Event for Innovation, Sustainability

Dow Chemical Japan Ltd. on Sept. 18 hosted a special event targeting innovation and a sustainable society at the Grand Hyatt Tokyo. Named the Dow Japan Innovation Day in Tokyo 2018, the event was held as a means to sound out possibilities for innovation that could help solve societal issues around the world. This was the event’s second iteration following...

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Surging Costs Hurt Domestic Market for Rubber and Plastic Hoses

Manufacturers of industrial rubber products have seen their revenues of late driven down by rising distribution and raw material costs. The impact of this has been particularly large for rubber and plastic hoses, which require significant labor to transport due to their shape and so incur higher delivery costs than other rubber products. This has then combined with sharp cost...

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Revenue From Construction Equipment Shipments Projected to Rise 1% for 2019

Japan’s construction equipment industry is expected to achieve healthy performance for fiscal 2018–2019, according to a demand forecast recently compiled by the Japan Construction Equipment Manufacturers Association (CEMA). This continues a trend from both fiscal 2017 and early fiscal 2018 wherein sluggish domestic demand has been offset by stronger demand overseas, leading to higher revenues on the whole. Alongside this...

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JRW Study: Japan’s Top 100 Rubber Firms See Rising Sales, Falling Profits for 2017

More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...

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Toyo Tires to Transfer Flexible Urethane Business to Toyo Quality One

Toyo Tire & Rubber Co. Ltd. (TYO:5105) is looking to transfer its flexible urethane business, which targets the market for automotive seat cushions, to Toyo Quality One Corp. This comes as part of a plan from Toyo Tires to strengthen its management around a core of tires and automotive anti-vibration rubber, having already moved to divest its operations for chemical...

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Carbon Black Association Makes Upward Revision to 2018 Demand Forecast

The Carbon Black Association has upwardly revised its demand forecast for carbon black in a midyear revision. Under the association’s new estimates, total demand for domestic product this year – including exports – is now set to hit 765,050 tons. Previously, this figure was projected at 759,049 tons, which would have represented a flat growth rate based on non-finalized demand...

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