Safety and sanitary equipment manufacturer Midori Anzen Co. Ltd. last month began selling work gloves made by Sri Lankan glove maker Advanced Technology Group Inc. (ATG). All 28 models from ATG’s four series are available. Midori Anzen sells the gloves on the Internet and elsewhere. The leading product among ATG’s 28 models is the MaxiFlex Ultimate work gloves. They have...
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Toyo Tire & Rubber Co. Ltd. (TYO:5105) announced on July 28 the transfer of its chemical industrial products business run by the company’s tire division. The transfer will exclude operations pertaining to isolation rubber for construction. Takashi Shimizu, the company’s president, recently spoke about the transfer, saying that the decision to divest its business involved in chemical industrial products and...
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Two large synthetic rubber manufacturers, JSR Corp. (TYO:4185) and Zeon Corp. (TYO:4205), recently released their business results for the first quarter of fiscal 2017. Both companies saw a significant increase to their elastomer division profits for the quarter, including profits for synthetic rubber. This profit growth is caused by an increase in the spread between elastomer material costs and selling...
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Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it will establish a new company and manufacturing facility in Slovenia. Serving to accelerate the global development of Sumitomo Rubber’s business in precision rubber parts for medical applications, the new company will be established as a subsidiary of Swiss-based Lonstroff AG with a total investment of 34 million euros ($40.03 million). Sumitomo...
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Supply and demand for chloroprene rubber (CR) is tightening worldwide. According to a Japanese domestic CR manufacturer, inquiries from overseas are flourishing to the point where domestic CR manufacturers cannot handle all of them. For product shipping, Japanese domestic CR manufacturers give preferential treatment to existing, mainly Japanese, customers and strive to maintain a steady supply of CR. The global...
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Sports goods manufacturer Mizuno Corp. (TYO: 8022) has co-developed Q3, a new table tennis rubber, with Sumitomo Riko Co. Ltd. (TYO: 5191). The product will be sold starting Oct. 7 at Mizuno stores across Japan that handle table tennis goods. The two companies aim to sell 24,000 units globally in the first year. Q3 targets advanced players with a high speed...
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