The Japanese Rubber Workers Union Confederation (JRC) has set out on its annual spring labor offensive for 2021. The bulk of union demands have now come in, especially those from large manufacturers. A survey based on information gathered at the JRC shows that, as of March 12, 45 unions have submitted their demands for the year. The weighted average wage...
Bridgestone Corp. (TYO:5108) is getting ready to close its passenger car tire plant in Bethune, France, by the end of April. Bridgestone started discussing the plant’s potential closure with stakeholders toward the end of last year. These discussions wrapped up on Feb. 26, followed by local authorities approving of the plans on March 16,. Following necessary processes such as job...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it is supplying the Geolandar X-CV G99A as an OE tire for the new Nissan Rogue SUV, which Nissan Motor Co. Ltd. (TYO:7201) released last October in the North American market. Fulfilling Nissan’s need for a tire that combines eco-friendliness with maneuverability, the Geolandar X-CV G99A has been met with positive feedback....
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has succeeded in its application to utilize the Fugaku supercomputer for industrial research in 2021. Opened up for use by the academic and industrial research sectors this March, Fugaku is part of Japan’s High-Performance Computing Infrastructure (HPCI). By utilizing the supercomputer, Sumitomo Rubber will look to speed up improvements to its...
Japan’s market for ethylene propylene diene monomer (EPDM) is tightening due to a number of factors, with trends in the COVID-19 pandemic top among this list. While demand for EPDM rubber did decline as a result of the virus, it has more recently been making a resurgence due to the turnaround in automotive production recovery that started last autumn. And...
JSR Corp. (TYO:4185) plans to solicit early retirement among about 100 employees in its elastomers business. Seeking to make the change to a more robust business structure, JSR is optimizing its production capacity and product portfolio, rationalizing prices and working to bring about major improvements in its operating efficiency. The company is also implementing unlimited structural reforms throughout its organization,...
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