Sumitomo Riko Co. Ltd. (TYO:5191) is looking to expand its sales of TRC Damper, a seismic control system for wooden houses. The company markets this as providing safety, security and comfort by protecting houses from the vibrations caused by earthquakes. TRC Damper incorporates Sumitomo Riko’s special viscoelastic rubber, which serves to absorb the energy of earthquakes and turn it into...
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Yokohama Rubber Develops Technology to Help Boost Ice Performance of Winter Tires
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has developed evaluation technology able to visualize the frictional conditions of tires running on an icy surface. The company expects that this will lead to the development of winter tires with significantly improved performance on ice. The new technology will help Yokohama Rubber more accurately discover compounding agents that excel at...
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NOF Sees Success With High-Performance Elastomers for Auto Parts
NOF Corp. (TYO:4403) is keeping a keen eye on its NOF-Alloy TZ Series of high-performance elastomers, which are targeted toward use in components around automotive engines. Most applications for the series at present see these products being used in air ducts for trucks and similar vehicles. The NOF-Alloy TZ Series covers a range of thermoplastic elastomers with polymer alloy technology...
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Toyoda Gosei Settles for $59M in US Class Action Lawsuit
Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has agreed to settle a class action lawsuit brought against the company by auto dealers and end consumers in the U.S. District Court for the Eastern District of Michigan. Toyoda Gosei will be required to pay $59 million for the settlement. Plaintiffs in the lawsuit alleged that Toyoda Gosei violated U.S....
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Sumitomo Rubber Set to Appear at International Exhibition for EV Technologies
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that it will be exhibiting at the 31st International Electric Vehicles Symposium and Exhibition & International Electric Vehicle Technology Conference (EVS 31 & EVTeC 2018). The event will be hosted at the Kobe Convention Center from Sept. 30 to Oct. 3, with the exhibition portion scheduled to run until Oct. 2. Sumitomo Rubber...
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Sumitomo Rubber to Boost Brazilian Tire Production With Additional Investment
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that it intends to make an additional investment of 153 million Brazilian reals ($37.38 million) in response to growing Brazilian demand for truck and bus tires. The investment will go toward boosting production capacity at the company’s Brazil Factory, which is set to begin production of truck and bus tires next March. Initial...
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