Ube will raise the price of polyamide 6 resin by 80 yen ($0.56) per kilogram for shipments beginning September 15. The move is due to soaring prices of raw materials. The company said that this is the first price revision for this product since April 2022, and is intended to improve business profitability by passing on higher prices for main...
Zeon, Tosoh, Idemitsu Kosan and Tokuyama are proposing a joint endeavor that would lay the groundwork for turning the Shunan Industrial Complex into an ammonia supply base. The four companies are set to receive funding for the project as part of a government grant to promote the introduction of non-fossil energy, with this coming as the government aims to support...
Sabic has introduced G3430X and G3440X short glass fiber reinforced polypropylene (PP) compounds that offer superior performance and processability for automotive engine and exterior and interior components with stringent performance requirements. The two PP compounds outperform standard short glass fiber reinforced materials in terms of flowability, tensile strength, flexural strength, and flexural modulus. The material is suitable for molding automotive...
NOK is set to expand facilities to manufacture anti-vibration and soundproofing products for electric vehicles used around electric power steering (EPS), gears, and brakes at its Tottori Plant in Japan. The move will take place over a three-year period from fiscal 2021 to 2023 and aims to enhance the company’s response to the electrification of automobiles. The investment amount is...
Sumitomo Rubber recently announced that it has invested into TripodWorks, an IoT solutions company. This comes as the tire manufacturer looks to bring about a business that employs Sensing Core, a proprietary sensing technology based on Sumitomo Rubber’s existing technology for analyzing the speed at which a vehicle’s wheels are moving. Specifically, the aim of the investment is to leverage...
This article follows part 1 in a series of 2 on Bridgestone’s Vision for 2030. In the premium tire business, Bridgestone is set to expand its innovative Enliten tire base technology and Mastercore tires for construction and mining vehicles, which contribute to higher productivity in mines. Here, the company aims to create new premium products from 2024 onward, and by...
