Sumitomo Rubber announced on May 8 that it completed on May 7 the acquisition of the Dunlop trademark and other rights for four-wheel tires in Europe, North America, and Oceania from The Goodyear Tire & Rubber Company. Sumitomo Rubber paid $631 million for the trademark and contractual rights, as well as transition support costs related to the transition of Dunlop...
Yokohama Rubber has launched the Flame Guard Eco conveyor belt, an energy-saving enhancement to its well-received Flame Guard series of flame-retardant conveyor belts. Developed for coal transport lines in ports and thermal power plants where flame-retardant belts are required for fire prevention, Flame Guard Eco leverages technology from Yokohama Rubber’s Ecotex belt, which boasts world-class energy efficiency. Optimized rubber compounding...
Mitsuboshi Belting held a webinar to introduce its new and improved energy-saving V-belt, e-Power NX, providing a detailed explanation and implementation benefits of the new product launched on April 1. The company’s e-Power series is a power transmission belt that achieves energy savings by reducing power loss during belt operation. The e-Power NX is positioned as the highest-grade product in...
The 20th China International Tire Expo (CITEXPO) 2025 will be held in Shanghai on September 3 to 5, 2025. One of the largest tire trade shows in the Asia-Pacific region, CITEXPO is organized by Haifu International Exhibition Service and will take place at the Shanghai World Expo Exhibition and Convention Center in the city’s Pudong district. CITEXPO is a business...
Silicone products manufacturer Shin-Etsu Polymer reported for the fiscal year ending March 2025 revenue of 110.58 billion yen ($737.21 million), up 5.9% year-on-year; operating profit of 13.27 billion yen, up 20.1%; ordinary profit of 13.22 billion yen, up 14.6%; and net profit of 9.43 billion yen, up 8.7%. By segment, the precision molded products business recorded revenue of 56.02 billion...
The Japan Belting Industry Association announced the 2024 import and export performance of rubber belts, compiled based on Ministry of Finance trade statistics. According to the data, export value was 48.35 billion yen ($340.24 million), up 6% from the previous year, and import value was 12.80 billion yen, up 11% from the previous year. Imports shifted from a decline in...
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