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Bridgestone Completes Sale of Firestone Building Products

on April 7, 2021 in Industry

Bridgestone Americas Inc. has completed the process of selling subsidiary Firestone Building Products Co. LLC (FSBP) to LafargeHolcim Ltd. The transaction here saw FSBP valued at $3.4 billion. Based in Nashville, Tennessee, FSBP produces commercial roofing and building envelope products across 15 production bases. The company’s sales revenue for 2020 came to approximately $1.8 billion, and it manages roughly 1,900...

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Major Rubber Companies Carry Out Much Smaller Spring Recruitment Drive for 2021

on April 6, 2021 in Industry

Japan Rubber Weekly recently surveyed Japan’s major rubber companies and their affiliates about their spring recruitment efforts for 2021. Among the 28 companies that responded, 1,093 new graduates were employed in this year’s spring recruitment intake – down by some 590 graduates, or 35.1 percent, when compared to the 1,683 graduates hired by the same companies last year. While a...

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Sumitomo Riko Creates Prototype of Seat-Fitted Driver Monitoring System

on April 5, 2021 in Innovation

Sumitomo Riko Co. Ltd. (TYO:5191) has been working in recent years to develop a driver monitoring system. And now the company has created a prototype that can be fitted to seats. Able to be fitted to all kinds of vehicles, this prototype driver monitoring system serves to acquire information regarding the driver’s vitals – such as heartbeat and breathing –...

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Ube Industries Raises Prices on Polyamides 6, 12

on April 2, 2021 in Materials

Ube Industries Ltd. (TYO:4208) recently announced that it is raising prices by 65 yen ($0.59) per kilogram for its Ube Nylon 6 resin products, and by 50 yen per kilogram for its Ube Nylon 12 resin products. With this price hike coming into effect on April 1, the company has started negotiations with its customers. This marks Ube Industries’ first...

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Bridgestone Plants Hand Out Local Awards for Children’s Eco-Art Contest

on April 1, 2021 in Industry

Bridgestone Corp.’s (TYO:5108) Tochigi and Nasu plants are striving to reward participation in the company’s 18th Bridgestone Children’s Eco-Art Contest. With a focus on local elementary schools, each of these plants has selected contest entries to receive special regional awards, giving public recognition to these entries. The Bridgestone Group first held the Bridgestone Children’s Eco-Art Contest in 2003 as one...

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JSR Targets Record Profit for Fiscal 2024 as Part of Medium-Term Strategy

on March 31, 2021 in Materials

JSR Corp. (TYO:4185) is looking to set a new record high profit in fiscal 2024 as part of its latest medium-term management policy, which lays out plans and targets through to that same year. On the topic of JSR’s future business portfolio, the new management policy looks to position digital solutions – especially for semiconductors – and life sciences as...

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