Demand trends for rubber and plastic hoses appear to be showing mixed signs at present, with different prospects lying ahead for each application. In the area of automotive hoses, things have been slowly trending upward, spurred on by an automotive production rebound that started in summer. But at the same time, there appears to be little hope of a quick...
Sumitomo Riko Co. Ltd. (TYO:5191) has endorsed and signed on to the Statement from Business Leaders for Renewed Global Cooperation, an initiative under the UN Global Compact (UNGC). Signed by 1,294 major company heads, this statement was presented to the UN Secretary General at this year’s Private Sector Forum, which was held on Sept. 21 during the UN General Assembly...
Sumitomo Rubber Industries Ltd. (TYO:5110) has won an award of excellence for the Enasave Next III, a flagship fuel-efficient tire that launched under the Dunlop brand last December. The company has been bestowed here with an eco-material award under the third EcoPro Awards, which are managed by the Sustainable Management Promotion Organization (SuMPO). The Enasave Next III was chosen for...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has started proof-of-concept testing for a new tire pressure management solutions service that is able to remotely monitor the pressure and temperature of tires. This testing is being carried out in conjunction with a number of external partners – including Shin-Idemitsu Co. Ltd. – as well as in-house sales subsidiary Dunlop...
Dow Chemical Japan Ltd. has announced that it will be raising prices on its propylene-based glycol ether solvents by 30 yen ($0.28) per kilogram. The company will apply this change to all shipments starting Oct. 21. Explaining the move, Dow Chemical Japan said that profitability for propylene glycols has been worsening due to a surge in raw material costs, creating...
Zeon Corp. (TYO:4205) recently announced that it has established a new department to carry out unified efforts toward digital innovation, opening this up on Oct. 1 in an effort to bolster company competitiveness, as well as to support the creation and expansion of new businesses. The new department will roll out digital policies connected to both business strategy and product...
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