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Sumitomo Riko to Increase Automotive Anti-Vibration Rubber Production in Mexico

on November 14, 2022 in Products

Sumitomo Riko will increase the production capacity of the O’Donnell Plant of S-Riko de Querétaro (SRK-QRO, headquartered in Querétaro, Mexico), a group company that manufactures and sells automotive anti-vibration rubber and other products in Mexico. By expanding the plant building from the current 12,000 square meters to 22,000 square meters, SRK-QRO’s production capacity of automotive anti-vibration rubber will be increased...

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Toyo Retread Receives Award from Niigata Environmental Council

on November 11, 2022 in Industry

Toyo Retread, a group company of Toyo Tier, received the Niigata Prefecture Excellent Recycling Business Firm Award from the Niigata Environmental Council. The award was presented at the 2022 Niigata Prefecture Excellent Recycling Business Awards Ceremony held on Nov. 6 at Bandaijima Multipurpose Plaza. The award is presented annually and honors businesses that have made outstanding efforts to reduce waste,...

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Dow Chemical Japan to Raise Prices of Polyurethane Raw Materials

on November 11, 2022 in Market Background, Materials

Dow Chemical Japan announced on November 9 that it will raise the prices of raw materials for polyurethane starting from deliveries on December 1. The products subject to the price increase and the range of the price increase 20 percent or more from the current price for polyols (North American and European origin) and polyurethane system products (for the automotive...

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JRMA Board Meeting Calls on Members to Turn Tough Times Into an Opportunity

on November 10, 2022 in Industry

The Japan Rubber Manufacturers Association (JRMA) recently held its 27th board meeting at Osaka’s Hotel Hankyu International. Headed up by Toyo Tires President Takashi Shimizu, the association is made up of numerous domestic manufacturers of tires and industrial rubber products. Held on Oct. 28, the meeting saw reports given on range of topics, including (1) overall production, import and export...

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Zeon to Study Production and Sales of S-SBR Using Sustainable Butadiene in Singapore

on November 9, 2022 in Industry

Zeon group’s S-SBR production and sales company Zeon Chemicals Singapore (ZCS) has concluded a Memorandum of Understanding (MOU) with Shell Eastern Petroleum (Shell) on Oct. 2 regarding the procurement of sustainable butadiene derived from biomass. The company will proceed with studies for production and sales of S-SBR using sustainable butadiene. Zeon has set “promoting a shift to ‘manufacturing’ that achieves...

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Sumitomo Riko’s First Half Results Show Significant Recovery

on November 9, 2022 in Products

Sumitomo Riko, a leading supplier of automotive rubber parts such as anti-vibration rubber, posted sales of 255.6 billion yen ($1.76 billion), up 22.7 percent year-on-year, business loss of 894 million yen (102 million yen profit in the same period last year), and quarterly loss of 4.794 billion yen (3.480 billion yen profit in the same period last year) in the...

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