Yokohama Rubber Co. Ltd.’s (TYO:5101) Duotex conveyor belt has been recognized with the Chairman’s Award at the Japan Environmental Management Association for Industry (JEMAI) FY2016 Awards for Resources Recycling Technologies and Systems. It was awarded for its durability and long service life and for having a rubber compound based on recycled raw materials. The award ceremony was held on Oct....
Chemical company and synthetic rubber manufacturer Mitsui Chemicals Inc. (TYO:4183) is launching this autumn a cooperative logistics network for small-quantity chemical products. The network will be comprised of several companies that operate factories across Tokyo, Yokohama and Chiba prefecture. With a shortage of truck drivers continuing to worsen, the network aims to stabilize long-distance shipping for small-quantity chemical products such as...
JSR Corp. (TYO:4185) has seen an improvement in the sales of its solution styrene butadiene rubber (S-SBR), with sales volume in the second quarter (July–September) of fiscal 2016 rising around 15 percent over that of the same quarter last year. While the company’s elastomer division has seen a second-quarter fall in revenue and profit on account of a strong yen...
Japan’s import volume of natural rubber in August increased 8.8 percent year-on-year, while the import value decreased 19 percent year-on-year, according to data compiled by The Rubber Trade Association of Japan based on the Ministry of Finance’s Trade Statistics of Japan. This represents the first year-on-year increase in six months for import volume, but the 11th consecutive month of year-on-year...
Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...
Major Japanese synthetic rubber manufaturer JSR Corp. (TYO:4185) has downwardly revised its projected business results for fiscal 2016. Projected sales were adjusted to 367 billion yen ($3.51 billion), down 7.1 percent from 395 billion yen in the previous forecast. Operating income was revised to 26 billion yen, down 25.7 percent from 35 billion yen, while ordinary income is now projected...
