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Sumitomo Rubber Reaches Settlement With Chinese Company in Motocross Tire Lawsuit

on November 5, 2020 in Industry, Tires

Sumitomo Rubber Industries Ltd. (TYO:5110) has reached a settlement with Timsun Rubber Tire (Weihai) Co. Ltd. by employing the mediation of the Beijing Intellectual Property Court. Sumitomo Rubber had been seeking an injunction against the Chinese tire manufacturer for, among other things, infringing its patent rights, specifically Chinese Patent Number ZL201110212627.X, and design rights, specifically Chinese Design Right Number ZL201130113641.5....

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JRMA Delays 70th Anniversary Celebrations, Highlights Challenges Posed by COVID

on November 4, 2020 in Industry

The Japan Rubber Manufacturers Association (JRMA) held its 21st board of governors meeting on Oct. 29. But the JRMA’s anniversary commemoration, which had originally been planned for the same day, did not go ahead. Speaking at the board of governors meeting, Chairman Ikuji Ikeda said that while the JRMA had planned to commemorate its 70th anniversary – crossed on July...

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JSR Subsidiary Makes Investment Into Biopharmaceutical Production

on November 2, 2020 in Industry

JSR Life Sciences LLC, a group company under JSR Corp. (TYO:4185), recently announced that it will be expanding cutting-edge facilities in Europe to grow its business for biopharmaceuticals. These facilities will serve to bolster the activities of two affiliates: namely, U.S.-based KBI Biopharma Inc. and Swiss-based Selexis SA. Through this expansion, the two affiliates will end up occupying a combined...

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JSR Endorses Task Force on Climate-Related Financial Disclosures

on October 22, 2020 in Industry

JSR Corp. (TYO:4185) has declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), an initiative established by the Financial Stability Board (FSB). The JSR Group sees climate change as being not just an issue confronting society but also a crucial priority for its own group operations. Further, believing that the TCFD recommendations are an...

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JSR to Set up Joint Research Department With Institute of Statistical Mathematics

on October 20, 2020 in Industry, Innovation

JSR Corp. (TYO:4185) and the Institute of Statistical Mathematics (ISM) recently announced that they have agreed to establish a joint research department named the JSR-ISM Smart Chemistry Lab, with aims being to get started this month. Through this joint lab, the partners intend to develop basic technologies that promote data-driven materials research. These technologies will then be used to significantly...

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Japan Sees Imports and Exports of Rubber Products Drop Significantly Amid Pandemic

on October 19, 2020 in Industry

Japan’s exports of rubber products fell 23.2 percent year-on-year to 453.8 billion yen ($4.3 billion) over January–August, while imports were down 11.3 percent to 273.8 billion yen, according to trade figures published by the Ministry of Finance and compiled by the Japan Rubber Manufacturers Association (JRMA). The spread of COVID-19 had a significant impact on both fronts here. Exports showed...

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