Industry

Asahi Rubber to Boost LED Production

Asahi Rubber Inc., a manufacturer of automotive and medical rubber products, is planning capital investments worth approximately 543 million yen ($4.42 million) during the fiscal year ending in March 2016. The investments will inject 250 million yen ($2.03 million) into automotive, 95 million yen ($773,000) into medicine, 132 million yen ($1.07 million) into life sciences and 110 million yen ($895,000)...

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Overseas Sales Bolster Fukoku’s First Half Performance

Fukoku Co. Ltd., a manufacturer of automobile rubber parts, enjoyed a 6.5 percent advance in consolidated net sales year-on-year for the first six months (April–September) of fiscal 2015, Executive Vice President Akira Inohara said. This result, aided by increased earnings at Fukoku subsidiaries in all regions, continues on last year’s solid showing. Net sales were 22.8 billion yen ($185.36 million)...

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Zeon to Halt NBR Rubber Production in UK

Zeon Corp. will halt its synthetic rubber production in the U.K. The company plans to break up and liquidate Zeon Chemicals Europe Ltd. (ZCEL), a consolidated subsidiary that produces and sells nitrile rubber (NBR). The reasons for the decision are uncertainty about securing procurements of primary materials over the long-term in the U.K., as well as the changing market environment....

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Bando Records Strong Overseas Sales

Bando Chemical Industries Ltd., a major Japanese belt manufacturer, is making strides in increasing sales in overseas markets. Growing sales in China, Asia and new markets is one of the strategies in the company’s mid-term business plan. Bando Chemical has improved sales of replacement belts for scooters in India and Vietnam during the fiscal year ending March 31, 2016. In...

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China’s Rubber Industry Sees Hope in Corporate Japan

As China’s economy slows down, the country’s manufacturers of rubber materials and machinery are hoping to export to Japan or sell to Japanese companies operating in China. Shinichi Kato, who runs his own rubber and chemicals consulting firm, recently visited China and informed Japan Rubber Weekly about the latest happenings in the Chinese rubber industry. The International Rubber Conference 2016...

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Rubber Companies Post Higher Revenues, Profits in First Half

The 25 listed rubber companies (including the two synthetic rubber manufacturers JSR Corp. and Zeon Corp.) have reported their earnings for the first six months (April-September) of fiscal 2015. Twenty of the 25 companies reported higher revenues, while 21 increased operating profits, 19 had higher ordinary income, and 20 increased net income. Seventeen increased both revenues and profits (sales, ordinary...

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