Tosoh will raise the price of all diphenylmethane diisocyanate (MDI) products, a raw material for polyurethane, by more than 50 yen ($0.36) per kilogram beginning with shipments on August 1. The company said that prices of key raw materials for MDI products continue to rise, as well as utility and logistics costs. Under these circumstances, it has come to the...
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Bridgestone Invests in Startup Company Developing Software for Autonomous Driving
Bridgestone has invested in Tier IV, a Nagoya-based startup company that develops software for autonomous driving. Tier IV leads the development of Autoware, the world’s first open-source software for autonomous driving. The company also provides various partners with the solutions necessary for the development and operation of self-driving vehicles. Autoware has all of the features needed for designing autonomous driving,...
Ube to Raise Prices for Polyamide Resins Effective August 1
Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....
Bridgestone to Donate $1M to UN Road Safety Fund
Bridgestone will donate over the next four years a total of $1 million to the United Nations Road Safety Fund (UNRSF). The company aims to contribute to global road safety activities as road traffic crashes claim 1.35 million lives worldwide each year and are the leading cause of death among young people. More than 90 percent of these occur in...
Toyoda Gosei to Bolster Supply by Investing Into Chinese Auto Parts Manufacturer
Toyoda Gosei is aiming to strengthen its supply network for interior and exterior auto parts in central China. Plans here are set to see the company invest in Wuhan Binyu Auto Part by leveraging Toyoda Gosei (China) Investment, a consolidated subsidiary for the Chinese market. Wuhan Binyu is part of the Yibin Group, which supplies interior and exterior auto parts...
Goodyear Japan’s EfficientGrip to be Used in Honda’s New Stepwgn Minivan
Goodyear Japan’s EfficientGrip has been adopted as OEM tire for Honda’s new Stepwgn minivan. The size being used is 205/60R16 96H XL. The EfficientGrip tire adopted this time is a passenger car summer tire with an asymmetrical pattern developed by Goodyear Europe. It offers low rolling resistance suitable for new energy vehicles, while also providing excellent drainage and quietness. Honda’s...
