Yokohama Rubber has announced that it has acquired an additional 22.98% stake in Shandong Yokohama Rubber Industrial Products, a consolidated subsidiary engaged in the production and sales of conveyor belts in China. With this acquisition, combined with the 77.02% stake it already held, the company has made Shandong Yokohama a wholly owned subsidiary. The transaction was completed on July 18....
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JATMA Releases Mid-Year Revision of 2025 Tire Demand Forecast
The Japan Automobile Tyre Manufacturers Association (JATMA) has announced a mid-year revision of its 2025 Japanese domestic tire demand forecast. According to the updated outlook, total demand for original equipment (OE) tires is now projected at 36.83 million units, representing a 1% increase year-on-year. Replacement tire demand has been revised to 63.647 million units, reflecting a slight decrease of 1%,...
Nitta Expands Sales of Food-Grade Resin Conveyor Belts
Nitta’s resin belt sales for the fiscal year ended March 31, 2025, increased in the high single digits year-on-year, with food-grade products seeing similar revenue growth. The high-performance, all-in-one Wexu and Mexu series belts drove strong sales. The Wexu series, offering resistance to sodium hypochlorite solution, physical shrinkage prevention, heat resistance, antibacterial and antifungal properties, oil resistance, low noise, fray...
Zeon Develops Hydrophilic Polymer for Winter Tires
Zeon has developed Nipol BR1300, a hydrophilic polymer for winter tires, and began commercial production in May at its Tokuyama Plant in Shunan City, Yamaguchi Prefecture. Developed with a polybutadiene rubber backbone, this polymer enhances the affinity of tire rubber materials with water to an unprecedented level....
Toyoda Gosei Invests in Startup Aiming for Practical Nuclear Fusion Power Generation
Toyoda Gosei has invested in Helical Fusion, a startup focused on commercializing nuclear fusion power generation, seen as a promising future energy source. Nuclear fusion power generates high-output energy from CO2-free nuclear reactions, using abundant fuel sources like deuterium found in seawater. Considered easier to control than nuclear fission used in traditional nuclear power, it is driving a global race...
Sumitomo Rubber and NEC Form Strategic Partnership
Sumitomo Rubber Industries and NEC Corporation signed a memorandum of understanding to form a strategic partnership aimed at building a globally competitive research and development framework and exploring new business opportunities. The collaboration seeks to transform traditional R&D approaches in manufacturing, address societal challenges, and create new core businesses. The two companies have previously collaborated, notably in 2022, when they...