Bridgestone Corp. (TYO:5108) has started working alongside a pair of subsidiaries to manufacture simple masks amid the ongoing COVID-19 pandemic. The setup here is for Bridgestone Chemitech Co. Ltd. to produce polyurethane, with Bridgestone Diversified Chemical Products Co. Ltd. then processing this into masks. Bridgestone is basing its work here upon expertise it has built up since 2017, when it...
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Inoac Posts Increased Revenue, Profit in Auto Parts Business for 2019
Inoac Corp. recently posted its business results for calendar 2019, revealing a year-on-year increase to sales revenue but decrease to profits for the company as a whole. Sales revenue for the major manufacturer of rubber and polyurethane foam came to 189.47 billion yen ($1.76 billion), up by 3.9 percent year-on-year. Operating profit ended at 3.87 billion yen, down by 8.1...
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Tokai Carbon Plans 6-Yen-Per-Kilogram Price Hike for All Carbon Black Products
Tokai Carbon Co. Ltd. (TYO:5301) announced on April 13 that it will be raising the prices of all of its carbon black product categories by 6 yen ($0.06) per kilogram. The price hike is to go into effect on May 1. In explaining the decision, Tokai Carbon said that with the International Maritime Organization (IMO) tightening its regulations on the...
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Denka to Supply Raw Materials for Potential COVID-19 Treatment Avigan
Denka Co. Ltd. (TYO:4061) recently announced that it has decided to supply diethyl malonate, a raw material for anti-flu drug Avigan, in response to a request from the Japanese government. Also known as favipiravir, Avigan is being touted as a potential treatment for COVID-19 patients. This diethyl malonate production is slated to start in May at Denka’s Omi Plant in...
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Toyo Tires Resumes Normal Operations at Sendai Plant
Toyo Tire Corp. (TYO:5105) has resumed regular operations at its Sendai Plant in Iwanuma, Miyagi Prefecture, getting back to normal here on April 10 as planned. Toyo Tires had previously been limiting the Sendai Plant’s production in an effort to deal with the global tire demand slump brought about by COVID-19. This saw the plant’s production reduced over April 3–9...
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JATMA Survey Finds That Less Than a Quarter of Drivers Check Tire Pressure Each Month
The Japan Automobile Tyre Manufacturers Association (JATMA) recently published the results of a survey that asked 2,000 drivers around Japan about how often they check their tire pressure. While 63.3 percent of respondents said that they check their tire pressure frequently enough, 72.5 percent of the total pool said that they were not aware of the recommendation for drivers to...
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