Shin-Etsu Chemical Co. Ltd. (TYO:4063) is looking to invest a total of 20 billion yen ($181.1 million) into its silicone business to cut down on CO2 emissions. Half of this total will go toward improving manufacturing processes, while the other half will be used as capital investments to bolster production capacity for eco-friendly products. For its efforts on the manufacturing...
The Brazilian arm of Bridgestone Corp. (TYO:5108) has announced plans to bolster production of passenger car and light truck tires at a plant it runs in the state of Bahia. Investment into the expansion here is set to total approximately 700 million Brazilian real ($138.57 million), with construction work to begin in the fourth quarter of 2021. The project will...
Tokyo Zairyo Co. Ltd. has posted its business results for fiscal 2020, showing a hit to its performance across the board. Sales revenue for the raw materials-focused trading firm fell 10.4 percent year-on-year to 77.7 billion yen ($699.65 million), while ordinary profit fell 27.2 percent to 1.9 billion yen and net profit fell 35.5 percent to 1.35 billion yen. In...
Hayakawa Rubber Co. Ltd. has developed a primer that enables the adhesion-based repair of conventional thermoplastic polyolefin (TPO) sheets, which are used as a rooftop waterproofing material in large buildings such as factories, warehouses and commercial facilities. The company has then also started selling a new rooftop waterproofing method in the form of a soft polyvinyl chloride (PVC) sheet using...
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced plans for an Aug. 1 launch of the Winter Maxx SJ8+, a new studless winter tire for SUVs. The tire is set to come in 54 sizes, marking an increase of 16 from its predecessor, the Winter Maxx SJ8. The Winter Maxx SJ8+ employs the nano-texturing technology previously used in the Winter Maxx...
Raw materials trading firm Kato Sansho Co. Ltd. has worked with Ichinen Chemicals Co. Ltd. to develop One Bio, a series of biomass additives derived from plants. One Bio B-001 is an 80 percent plant-derived additive that can be simply mixed with polyethylene (PE) and polypropylene (PP) – materials that make up around half of Japan’s plastics market – to...
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