A recent Japan Rubber Weekly survey has found that, between the 23 major rubber and synthetic rubber manufacturers who responded, a total of 1,096 new graduates have been hired in the Japanese rubber industry for spring 2018. This figure is down by 21 graduates, or 1.9 percent, from the 1,117 new graduates hired by the respondents last spring. However, 10...
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Sumitomo Rubber Industries Ltd. (TYO:5110) held a general shareholders meeting on March 29, with the company fielding questions from shareholders on three main topics: sales strategy in regions where the Dunlop brand is struggling, the impact of the recent strong yen, and responses to the trend toward electric vehicles (EVs). A Sumitomo Rubber representative noted that in Europe, the U.S.,...
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Asahi Kasei Corp. (TYO:3407) recently announced that it plans to increase the prices of its synthetic rubber and thermoplastic elastomer, among other products, starting from shipments on April 16. Prices per kilogram are set to rise by at least 25 yen ($0.24) for butadiene rubber, styrene–butadiene rubber, styrenic thermoplastic elastomer and hydrogenated styrenic elastomer. Meanwhile, the company’s clear styrenic block...
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Mitsubishi Chemical Corp., a developer and manufacturer of performance products and materials, has announced it will set up a regional management company in Singapore to help expand its performance polymer business in the ASEAN region and India. As of April 1, Advanced Plastics Compounds Singapore Pte. Ltd. (APS) – a Singaporean-based consolidated subsidiary of Mitsubishi Chemical – will assume a...
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Showa Glove Co. recently launched the Showa 3415, a chloroprene-based glove designed to protect hands from the dangers of working with chemical substances. The gloves come in black and are available in the three sizes of medium, large and extra large. As a solvent-resistant glove fully coated in chloroprene rubber, the company’s new product offers resistance to both acidic and...
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Mitsui Chemicals Inc. (TYO:4183) has announced that it will set up new production facilities for Milastomer, a thermoplastic olefin (TPO) elastomer, at its U.S. production base Advanced Composites Inc. in Ohio. The move will take an investment of approximately 1.5 billion yen ($14.24 million), and will establish facilities with an annual production capacity of 6,000 tons. Construction is slated to...
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