Toyoda Gosei Co. Ltd. (TYO:7282) has formulated what it is calling Targets 50 & 50, a medium- to long-term plan aimed at reducing CO2 emissions. The company has also set CO2 reduction targets for 2025 as part of its 7th Environmental Action Plan, looking through this to speed up its efforts toward decarbonization. Toyoda Gosei’s previous efforts toward carbon neutrality...
Dow Chemical Japan Ltd. has announced that it will be raising the prices of its propylene glycol ether solution products by at least 40 yen ($0.37) per kilogram starting May 1. Explaining its reasoning here, Dow Chemical Japan noted that costs are continuing to rise for propylene glycol raw materials, including not only propylene oxide but also acetic acid and...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it is supplying Advan Sport V107 tires as OE for the iX3, a new electric vehicle (EV) being sold by BMW AG. The Advan Sport V107 is a high-performance tire under Yokohama Rubber’s premier Advan series. In developing a version of this tire specifically for use in the iX3, Yokohama Rubber and...
Global latex adhesive and synthetic rubber manufacturer Trinseo SA has acquired mass balance certification from the body of International Sustainability & Carbon Certification (ISCC), a system for certifying sustainability. Trinseo has received certification for three materials: styrene–butadiene rubber (SBR) manufactured in Schkopau, Germany; polyethylene manufactured in Tessenderlo, Belgium; and polycarbonate manufactured in Stade, Germany. This is the world’s first instance...
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...
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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