Yokohama Rubber Co. Ltd. (TYO:5101) will support motor sports events again in fiscal 2017. The company says that as in previous years, it will be an enthusiastic supporter of racing teams competing in events across all motor sports categories and in countries around the world. By supporting motor sports, Yokohama Rubber aims at contributing to global growth of its tire...
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Nihon Michelin to Release Michelin Guide Miyagi 2017 Special Edition
Nihon Michelin Tire Co. Ltd. will release Michelin Guide Miyagi 2017 Special Edition, covering the entire Miyagi Prefecture, on July 14 at major bookstores across Japan. Prior to the sale, the company will make the guide available on official membership website Club Michelin. Past releases of Michelin guides in Japan include Michelin Guide Tokyo 2008, published in 2007, and Michelin...
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Zeon, Sumitomo Chemical S-SBR Joint Venture to Commence Operations in April
ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will commence operations on April 3. ZSE has obtained approvals from the relevant authorities in Japan and overseas and will take over the sales and R&D functions of Zeon and Sumitomo Chemical’s S-SBR businesses. The company will also...
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Hiroshima Kasei to Manufacture Automotive Sealants in Indonesia
Hiroshima Kasei Ltd. held a ceremony on March 7 to celebrate the completion of an automobile sealant factory in Bandung, Indonesia. The 60 or so guests in attendance included company president Koichi Nishi and other top executives, along with customers and local government officials. The company established local subsidiary PT Hiroshima Kasei Indonesia in March 2016 in response to Japanese...
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Synthetic Rubber Shipments Increase 0.9% in 2016
The Japan Rubber Manufacturers Association (JRMA) has released its synthetic rubber shipment figures for calendar 2016, revealing a small year-on-year increase of 0.9 percent at a total of 1,647,408 tons. The annual shipment figures totaled at 867,364 tons domestically, an increase of 2.5 percent from last year, and 540,814 tons internationally, an increase of 3.7 percent. Chloroprene rubber and isobutylene-isoprene...
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Rubber Unions Demand Average Wage Hike of 1.89%
Member unions of the Japan Rubber Workers Union Confederation (JRWUC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Demands have been made by 52 out of a total 58 JRWUC member unions, with a total of 42 unions demanding higher monthly wages. While monthly wage demands from...
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