With many Japanese rubber companies having bases in the U.K., its recent referendum result to leave the EU will likely have an impact on the Japanese rubber industry. Recent interviews by the Japan Rubber Weekly revealed that, although Japanese rubber companies are worried about Brexit’s negative effects, most will wait and see before deciding what measures to take. News of...
With Britain’s referendum vote to depart from the EU, a number of Japan’s tire manufacturers have now been left to speculate as to what the exact fallout will be. Of Japan’s four tire manufacturers, Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) have sales locations in Britain. Asked what the aftereffects of Brexit will...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has signed on to become a Platinum Partner for Japanese professional soccer J1 League team Gamba Osaka. The contract embodies a relationship of total sponsorship support for Gamba Osaka. Toyo Tires began a new brand revitalization effort last year under the catchphrase “Surprising the World.” The team’s continual striving for excellence under a challenging...
China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
Production volume for rubber belts in April was down 4 percent year on year, marking eight straight months of such decreases. Meanwhile, year-on-year exports for that month were up by 3 percent, although a cooling domestic market led to a 6 percent decline in Japan. Figures for each belt category released by the Japan Belting Manufacturers Association indicate that production...
Rubber sheet production volume in April was 6.5 percent higher than in April of 2015, making for a fourth consecutive month of year-on-year increases. Meanwhile, shipment volume rose 0.8 percent from a year before, marking a third straight month of annual increases. By product category, April press product manufacturing volume was up 5.6 percent on the year, although shipments declined...
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