In 2016, Wanli Tire Co. Ltd. was the first Chinese tire maker to participate in D1 Grand Prix, known to be the top drift competion in the world, and also the first to win a series championship. This helped the company to during the year enter and establish a foothold in the Japanese market. In November 2016, Wanly has become...
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Looking Beyond Rubber, Mitsuboshi Belting Sees Future in Resin Auto Parts: President Kakiuchi
Speaking with Japan Rubber Weekly in an interview, Mitsuboshi Belting Ltd. (TYO:5192) President Hajime Kakiuchi said that he sees the number of hybrid vehicles and electric cars increasing in Japan going forward. Because there are demands in the automotive sector to reduce vehicle weight in light of improving fuel efficiency, Mitsuboshi Belting will step up its efforts to develop resin...
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Bando President Talks Current State of Business, Eyes Productivity Increases
Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...
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Zeon to Build New Hydrogenation Facility for Low-VOC Petroleum Resin
Zeon Corp. (TYO:4205) will build a new facility for hydrogenation of Quintone petroleum resin with proprietary technology at its Mizushima Plant, Okayama Prefecture. Construction is set to commence this month, with operations scheduled for July. The company is making a capital investment of 1.2 billion yen ($10.46 million) into the plant, which has an annual Quintone production capacity of 40,000...
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Bridgestone and Ochanomizu University Agree to Promote Female Leadership
Bridgestone Corp. (TYO:5108) has concluded a comprehensive agreement with Ochanomizu University in a bid to help promote female leaders. This is the first industry-academic agreement made by either party to cultivate female leadership. Specifically, it strives to nurture the next generation of women leaders, develop the abilities of active students who will play leading roles at each organization, and serve...
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Kuraray to Raise Prices of Hydrogenated Styrene Elastomers Worldwide
Kuraray Co. Ltd. (TYO:3405) has announced that it will raise the prices of its TU-Polymer and hydrogenated styrene elastomers Septon and Hybrar by 25 cents per kilogram worldwide effective for shipments from Feb. 1, 2017. Regarding this price increase, Kuraray said that market conditions for major raw materials continue to rise dramatically and manufacturing costs – including utility costs –...
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