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Bando Chemical and Mitsuboshi Belting See Robust Transmission Belt Sales in China and Asia

on May 30, 2017 in Industry, Products

Japanese belt manufacturers are enjoying robust sales of general industrial transmission belts in China and Asia. Bando Chemical Industries Ltd. (TYO:5195) and Mitsuboshi Belting Ltd. (TYO:5192) both boasted strong sales in these regions in fiscal 2016. Sales continue to grow, centering on agricultural and industrial machinery transmission belts, a market with high expectations. Bando Chemical’s Industrial Products Division’s sales in...

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Daicel, Toyoda Gosei to Enter Into Capital Alliance, Strengthen Collaboration

on May 26, 2017 in Industry, Products

Daicel Corp. (TYO:4202) and Toyoda Gosei Co. Ltd. (TYO:7282) have agreed to form a capital alliance in order to strengthen the two companies’ collaborative relationship. The two companies will cross-hold each other’s shares through acquiring equity from each other at about 1 billion yen ($9 million). The targeted areas for collaboration are safety fields, including airbags and fuel related businesses...

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Rubber Associations in Tokyo, Kyushu, Hyogo to Form Liaison Committee

on May 17, 2017 in Industry

Tokyo’s Bokuto Rubber Industrial Committee and two other regional rubber associations in Hyogo and Kyushu recently announced that they have agreed to establish a liaison committee comprised of their representatives. It is tentatively named the Rubber Industrial Association Committee and due to be formed this autumn. Japan’s rubber industry is supported by rubber associations whose members consist of small and...

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Showa Rubber Joins Forces With Mongolian University on Products Targeting Agriculture Industry, Air Pollution

on April 19, 2017 in Industry, Innovation

Showa Rubber Co. Ltd. and Mongolian University of Life Sciences (MULS) have signed a memorandum of understanding (MOU) to test Showa Rubber’s products in the agriculture–livestock industry and those that can reduce air pollution in Mongolia’s capital, Ulaanbaatar. The two organizations will collaborate also on the development of new products and product uses. At 12,000 students, MULS is a large-scale...

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Yokohama Rubber Develops New Structural Adhesive for Automotive Resin Panels

on April 17, 2017 in Industry, Products

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has developed a new structural adhesive product for use with automotive resin panels. The company intends to market the product, which was developed with the goal of reducing vehicle weight, as part of its Hamatite brand of sealants and adhesives. Utilizing a fast-curing urethane adhesive with an NCO/OH ratio of 1.5,...

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Bridgestone Completes Acquisition of Gaco Western

on April 14, 2017 in Industry

Firestone Building Products Co. LLC (FSBP) revealed on April 3 that it has completed its acquisition of roofing materials supplier Gaco Western Inc. Gaco is a manufacturer and distributor of high-performance waterproofing and heat insulation products and leads the industry with innovative silicon-based roofing materials. FSBP is a wholly-owned roofing solutions and construction materials supply subsidiary of Bridgestone Americas Inc.,...

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