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Techno Polymer and UMG ABS Delay Launch of New ABS Resin Company

JSR Corp. (TYO:4185), Mitsubishi Chemical Corp. and Ube Industries Ltd. (TYO:4208) have announced delays to the integration of Techno Polymer Co. Ltd.’s and UMG ABS Ltd.’s acrylonitrile butadiene styrene (ABS) resin businesses. Techno Polymer is a wholly-owned subsidiary of JSR, while Ube Industries and Mitsubishi Chemical each hold 50 percent shares in UMG ABS. The parent companies had originally planned...

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Dow Chemical and DuPont Complete Merger of Equals

DowDuPont Inc. has announced that the merger of equals between The Dow Chemical Co. and E.I. du Pont de Nemours & Co. completed on August 31. The combined entity is named DowDuPont, and operates as a holding company with three divisions – agriculture, materials science and specialty chemical products. DowDuPont intends to separate the three divisions and launch them as...

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Gates Unitta Asia Forecasts Full-Year Rise in Revenue and Profit Driven by China and Japan

Gates Unitta Asia Co. VP Shuji Miyamoto expects his firm to end this fiscal year with increases in both revenue and profit. Speaking to Japan Rubber Weekly, Miyamoto said that China and Japan were the main drivers of this growth during the first half of this year, and no significant slackening is anticipated for the second half. Looking at the...

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Yoshino Rubber Industrial Holds Training on Conveyer Operation, Maintenance and Safety

Conveyer belt system manufacturer Yoshino Rubber Industrial Co. Ltd. is holding regularly scheduled conveyor belt training. The training is for workers at other companies involved in the operation and repair of water and sewage equipment. It offers information on how to handle, maintain and ensure the safety of conveyer belts. The training is comprised of two parts. One is on...

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Japan’s Top 100 Rubber Companies Total Around 4 Trillion Yen in Sales for 2016

Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...

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JATMA Study Upwardly Revises Forecast for 2017 Tire Demand in Japan

The Japan Automobile Tyre Manufacturers Association (JATMA) has revised its forecast of tire demand for the business year through next March, reflecting anticipated annual domestic demand for close to 118.83 million tires, an upward revision of 626,000 tires from the initial forecast. The upward revision adds a full percentage point to the expected year-on-year increase in fiscal 2017 annual domestic...

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