Hiromu Saito, a professor from the Tokyo University of Agriculture and Technology (TUAT), was recently inaugurated as the new president of the Society of Rubber Science and Technology, Japan (SRIJ). Commenting on his thoughts here, Saito said that it will be necessary to watch out for and prepare for risks created by factors such as changing international standards. So for...
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Continental AG and Chinese hydrogen specialist Censtar H2-Electricity Science & Technology are set to deepen their strategic partnership in the Chinese market. Both companies have now formally agreed to work together on developing dispensing hose solutions for hydrogen refueling stations, with the aim going forward of advancing mobility to help get society closer to carbon neutrality. Safe and efficient hydrogen...
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A growing number of rubber sheet manufacturers are looking to increase prices on their products. Most companies here are considering a 10–20 percent price hike on rubber sheets and an 8–20 percent price hike on other general-purpose products, including plastic ones. And beyond these general-purpose products, a number of companies are in talks with customers to negotiate price hikes for...
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Bridgestone Corp. (TYO:5108) announced on June 15 that it will be selling off all of its shares in Bridgestone (Huizhou) Synthetic Rubber Co. Ltd. (BSRC), a Chinese group company that manufactures and sells synthetic rubber for use in automotive tires. These shares will be sold to LCY Chemical Corp., which runs global operations for materials and chemicals. Located in Huizhou,...
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Osaka Exchange Inc. (OSE) designated three new factories on May 27 as approved sites for TSR20 rubber futures. The addition of these approved factories comes in aim of improving liquidity in the TSR market. Following the move, there are now a total of 24 factories approved as TSR20 sites, with all of these located in Thailand. The three factories added...
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Goodyear Tire & Rubber Co. recently announced that it has completed its acquisition of Cooper Tire & Rubber Co., fulfilling an agreement first announced on Feb. 22. The acquisition will combine Goodyear’s strengths in OE tires and high-quality replacement tires with Cooper’s excellent product lineup in the pickup truck and SUV segment. As a result, the move is set to...
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