Companies in the rubber and plastic hose sector are continuing to see a good level of sales for their plastic hoses and tubes. Amid high global demand for semiconductors and related products, a surge of activity has come about surrounding hoses and tubes for use in semiconductor manufacturing equipment. On top of this, the likes of suction hoses for use...
Industry
Yokohama Rubber to Sponsor JEGT Grand Prix e-Motorsports Event
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it is set to sponsor Japan’s biggest e-motorsports event, the Autobacs JEGT Grand Prix 2021 Series. While individual matches under the JEGT Grand Prix started on Sept. 6, the main category for this season will be the team battles, which are set to head into preliminary rounds on Oct. 2. Teams that...
Nitta Wins Award From SAMPE Japan for Innovative Compounding Technology
Nitta Corp. (TYO:5186) has received a product and technology award for its Namd project as part of the 2020 SAMPE Awards from SAMPE Japan, the Japanese arm of the Society for the Advancement of Material and Process Engineering (SAMPE) Based in the U.S., SAMPE focuses primarily on technologies relating to materials, their processing and their application, aiming here to contribute...
Tokai Carbon Subsidiary to Receive French Government Grant as Part of National Recovery Plan
Tokai Cobex Savoie SAS, a French subsidiary of carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301), has been selected to receive a grant from the French government as part of its national recovery and resilience plan (NRRP). As part of the NRRP – an initiative designed to help France recover from the impact of COVID-19 – the French government issued...
Toyoda Gosei Invests in Thermoelectric Power Startup
Toyoda Gosei Co. Ltd. (TYO:7282) recently announced its investment last month in E-ThermoGentek Co. Ltd., a startup with proprietary technology for thermoelectric power generation. With the aim of achieving carbon neutrality by 2050, Toyoda Gosei is striving to adopt the latest energy-saving equipment and machinery, as well as ramp up its use of renewable energy. And as part of this,...
Rubber Auto Parts Trend Toward Recovery, But Face Murky Waters Ahead
With automotive production bouncing back from the lows brought by COVID-19, rubber-related auto parts too have seen a recovery in both production and shipment numbers. Looking at Japan’s automotive production figures from last year, it is apparent that production volume started to fall by double digits year-on-year in April 2020, marking a trend that then continued for some time. Following...