Ube Industries Ltd. (TYO:4208) recently announced that it is raising prices by 65 yen ($0.59) per kilogram for its Ube Nylon 6 resin products, and by 50 yen per kilogram for its Ube Nylon 12 resin products. With this price hike coming into effect on April 1, the company has started negotiations with its customers. This marks Ube Industries’ first...
Bridgestone Corp.’s (TYO:5108) Tochigi and Nasu plants are striving to reward participation in the company’s 18th Bridgestone Children’s Eco-Art Contest. With a focus on local elementary schools, each of these plants has selected contest entries to receive special regional awards, giving public recognition to these entries. The Bridgestone Group first held the Bridgestone Children’s Eco-Art Contest in 2003 as one...
JSR Corp. (TYO:4185) is looking to set a new record high profit in fiscal 2024 as part of its latest medium-term management policy, which lays out plans and targets through to that same year. On the topic of JSR’s future business portfolio, the new management policy looks to position digital solutions – especially for semiconductors – and life sciences as...
Yokohama Rubber Co. Ltd. (TYO:5101) subsidiary Yokohama Tire Retread Co. Ltd. has seen its Hokkaido Plant win the grand prize in Hokkaido Prefecture’s zero emission awards, becoming the first tire manufacturer to do so. The term “zero emissions” refers here to all waste being taken from an industry and reused as raw materials elsewhere. This concept is being pushed by...
Price hikes are under consideration in the rubber and resin hose industry as manufacturers grapple with soaring costs of transport and raw materials, in addition to corrections for unprofitable products. While high transport costs are an industrywide issue, factors specific to certain hose types are also evident. High transport costs are not limited to the domestic Japanese industry. Difficulty in...
Nihon Michelin Tire Co. Ltd. is set to launch the Pilot Exalto PE2 car tire in April followed by the Primacy 3 in July, targeting both of these toward use in modern classic cars. Also referred to as “young-timers,” modern classic cars produced in the 1980s and 1990s are becoming increasingly popular in recent years both in Japan and abroad...
