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Zeon Gives Update on Elastomer Business, ACM Plant in Thailand Increases Operation

on December 20, 2023 in Industry

Zeon’s elastomer materials business division posted sales of 104.73 billion yen ($730.50 million) in the first half (April-September) of the fiscal year ending March 31, 2024, down 6.0% year-on-year, and operating profit of 3.64 billion yen, down 60.9%. General-purpose synthetic rubber is on a recovery trend compared to the second half of fiscal 2022 (October-March). While Japanese domestic sales remained...

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Bridgestone Teams up With Tohoku University to Develop Innovative Materials

on December 19, 2023 in Industry

Bridgestone has formed a research and development team with Tohoku University to develop innovative, data-driven materials by utilizing Nanoterrace, a next-generation synchrotron radiation facility being built on Tohoku University’s new Aobayama campus. The base of the team will be the Green Cross Tech Research Center established by the university. The research center is an industry-academia co-creation innovation center with the...

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Yokohama Rubber Receives 2023 Defense Structure Improvement Foundation Award

on December 18, 2023 in Industry

Yokohama Rubber, NEC and Sampa Kogyo received the 2023 Defense Structure Improvement Foundation Award from the Defense Structure Improvement Foundation of Japan for the development of the Nora-50 (also known as Unicorn) composite communications antenna for destroyers. The award, sponsored by the Defense Acquisition Agency, is presented to individuals or groups that have made particularly outstanding achievements in the development...

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Japanese Automotive Tire Demand to Remain Flat in 2024: Forecast

on December 14, 2023 in Industry, Tires

The Japan Automotive Tire Manufacturers Association (JATMA) recently announced its forecast for Japanese domestic demand for automotive tires in 2023 and 2024. According to the report, total demand for tires for new vehicles in 2023 is expected to be 183.29 million tons, almost unchanged from 2022, with demand for new tires seen to be higher, but demand for tires for...

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Report: General-Purpose and Specialty Synthetic Rubbers Remain Sluggish

on December 6, 2023 in Industry

Synthetic rubber shipments are sluggish and many manufacturers are saying that it will be difficult to achieve a recovery at least by the end of the fiscal year. This comes as both tire and industrial goods applications, particularly automotive parts, continue to struggle. A certain degree of recovery is expected once inventory adjustments, which are said to be the main...

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Sumitomo Rubber Updates CO2 Reduction Targets

on December 4, 2023 in Industry

Sumitomo Rubber has set a new 2030 reduction target for Scope 3 to achieve carbon neutrality for its entire supply chain. In addition, the 2030 reduction targets for Scope 1 and 2 have been raised due to the progress made ahead of schedule as a result of proactive efforts at each of the company’s sites. Scope 3 accounts for about...

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