Sumitomo Riko Co. Ltd. (TYO:5191) is keeping a close eye on trends in the automotive industry as it continues to make strides with its 2022V medium-term management plan. Japan Rubber Weekly recently sat down with company president Tetsu Matsui to hear his thoughts on these trends and their direction as the company gears up for 2019. Predicting how market trends...
Zeon Corp. (TYO:4205) group company Tokyo Zairyo Co. Ltd., a seller of chemicals and other products from stock, recently established a new subsidiary in the Czech Republic capital of Prague. The new subsidiary began operations earlier this month under the name Tokyo Zairyo Czech s.r.o. Utilizing the networks that its parent company has cultivated both locally and overseas, Tokyo Zairyo...
Sumitomo Riko Co. Ltd. (TYO:5191) is looking to target local OEMs by establishing a Chinese headquarters for its automotive business next April. Located in Jiaxing, Zhejiang Province, the new headquarters will come as part of a broader company initiative to strengthen its business system in China – the hope here being to speed up local sales growth for auto parts....
Yokohama Rubber Co. Ltd. (TYO:5101) plans to raise ex-manufacturer prices on Hamatite building products for shipments from Jan. 1, 2019. Products under the Hamatite line set for the price hike include building sealants, urethane waterproofing materials and other related products. The price increase on these products will range between 5–15 percent. Yokohama Rubber said that the price hike comes on...
Looking at the market for synthetic rubber, solution-polymerized styrene–butadiene rubber (S-SBR) would appear to be on the road to significant growth. Demand for fuel-efficient tires is playing a central role in guiding this rubber down its promising path, creating an expectation that global S-SBR demand will grow by 6–7 percent per year going forward. And Japanese manufacturers, who are technological...
Kiyoshi Doi, president of major oil seal producer NOK Corp. (TYO:7240), recently provided his thoughts on how the ongoing trade war between the U.S. and China is impacting his company’s business. NOK’s operations see the company ship products both from the U.S. to China and vice versa, Doi said. He therefore expects that tariffs being placed on these products will...
