Shipment values of construction equipment are forecast at 1.855 trillion yen ($18.283 billion) in fiscal 2017, on a par with the previous year, according to the Japan Construction Equipment Manufacturers Association (CEMA). This includes a forecast 822 billion yen in the domestic market, up 2 percent year-on-year, the first rise in two years. The forecast for exports is 1.033 trillion...
Shipping volume for carbon black in June was 49,414 tons in June according to the Japanese Carbon Black Association. That was down 3 percent over the previous year and marked the seventh straight month of year-on-year declines. Carbon black for rubber products saw shipments down by 6 percent year on year for tires, while that for other general rubber products...
Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005) have reached a basic agreement to begin looking into the consolidation of the two companies’ solution styrene butadiene rubber (S-SBR) businesses. Zeon and Sumitomo Chemical will, by the end of September, complete due diligence and studies pertaining to the nature of the business consolidation. Any definitive agreements stemming from this would...
Many rubber and plastics companies exhibited at Fooma Japan, the four-day international food machinery and technology exhibition held at Tokyo Big Sight from June 7 to 10. The companies actively promoted their wares to food product users. Belt manufacturers were especially fired up as they set up their booths with contraptions that attracted attendees’ attention. According to statistics released by...
Light-duty resin conveyor belts are trending well at present in terms of both production and shipment, due to robust sales in Japan’s food industry. Offering the largest demand among all sectors for such belts, the food industry provides stability now and prospectively moving forward in this regard. As such, it is drawing the attention of belt manufacturers across the board,...
Nikka Shoko (Japan) Co. Ltd. will establish a new recycling and engineering affiliate in early fall to recycle rubber products into civil engineering materials. The products to be recycled include rubber, silicone oil, carpet tiles, turf-protection mats and chipped rubber originally made by Nikka Shoko, a trading firm that has been supplying manufacturers in the Tokyo area with rubber sheet...
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