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Increase in Demand for Chloroprene Rubber Tightens Global Supply–Demand Balance

on August 3, 2017 in Industry

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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Mizuno and Sumitomo Riko Co-Develop Advanced Table Tennis Rubber

on August 2, 2017 in Industry, Innovation

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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Nitta to Acquire Toyo Tires’ Chemical and Industrial Product Business

on August 1, 2017 in Industry

Osaka-based Nitta Corp. (TYO:5186) recently announced that it will acquire the chemical and industrial product business of Toyo Tire and Rubber Co. Ltd. (TYO:5105), excluding the seismic isolation rubber business. Toyo Tires’ subsidiary, Toyo Chemical Industrial Products Co. Ltd., will set up a new company in which the business to be acquired by Nitta will be transferred. 100 percent of...

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Carbon Black Shipment Volume Rises For Fifth Straight Month

on July 26, 2017 in Industry

Shipment volume of carbon black for May rose to 43,271 tons, up 0.2 percent from the same period a year prior, according to data compiled by the Carbon Black Association. This marks the fifth consecutive month of year-on-year increases. Looking at carbon black shipments for rubber, the volume for general-purpose rubber rose 1.4 percent. However, shipment volume was sluggish for...

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Toyoda Gosei Develops New Side Airbag

on July 24, 2017 in Industry, Innovation

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has jointly developed a new side airbag with Toyota Motor Corp. (TYO:7203). Compatible with various makes and models, the new airbag has already been adopted for use in Toyota’s new Camry and is scheduled to be equipped in about 2.5 million vehicles annually. Side airbags, which are mounted by the side...

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JSR to Acquire Lexi, Expand 3D Printing and Material Business

on July 24, 2017 in Industry

JSR Corp. (TYO:4185) recently reached an agreement to acquire a 100 percent stake in 3D software company Lexi Co. Ltd. With the JSR Group expanding its business through 3D printing and material technology, this is an opportunity for the company to move forward and establish a new business in the life sciences sector. The acquisition would see the combining of...

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