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...
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High Transport, Materials Costs Build Momentum for Hose Price Hikes
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...
Michelin Japan to Launch Two New Tires for Modern Classic Cars
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...
Okamoto Moves to Establish New Chinese Plant for Automotive Interior Materials
Okamoto Industries Inc. (TYO:5122) is set to establish a new plant for the production of automotive interior materials in Wuhan, Hubei Province, China. Operated by a new subsidiary named Okamoto Manufacturing Wuhan Co. Ltd., the new plant is set to see construction begin this May and finish in December. The Wuhan plant will give Okamoto a third production base for...
Yokohama Rubber Adds 10 New Sizes to Classic Car Tire Lineup
Yokohama Rubber Co. Ltd. (TYO:5101) has added another 10 sizes to its lineup of Advan HF Type D tires for classic cars, launching sales of these on March 12. As a result of this expansion, the Type D is now available in 17 sizes. First launched in 1981, the Advan HF Type D is a hit product with a long...
Sumitomo Chemical Looks to Improve Gender Diversity in the Workplace
Sumitomo Rubber Industries Ltd. (TYO:5110) recently held an online study event aimed at promoting diversity and inclusion. Introducing a number of the company’s initiatives for giving women a bigger role in the workplace, the event included 19 participants from across 12 companies. Recent years have seen workplace gender equality become an increasingly major topic in Japan. Sumitomo Chemical, for its...
