Recently appointed Nihon Michelin Tire Co. Ltd. president Paul Perriniaux (pictured, left) is resolved to garner more customers in Japan and earn the company loyalty for its high-quality tires and service. Perriniaux joined Nihon Michelin in 1995 in truck and bus marketing. He held posts at Michelin in England and Ireland, and at the France head office, before returning to...
Asahi Rubber Inc., a manufacturer of automotive and medical rubber products, is planning capital investments worth approximately 543 million yen ($4.42 million) during the fiscal year ending in March 2016. The investments will inject 250 million yen ($2.03 million) into automotive, 95 million yen ($773,000) into medicine, 132 million yen ($1.07 million) into life sciences and 110 million yen ($895,000)...
Fukoku Co. Ltd., a manufacturer of automobile rubber parts, enjoyed a 6.5 percent advance in consolidated net sales year-on-year for the first six months (April–September) of fiscal 2015, Executive Vice President Akira Inohara said. This result, aided by increased earnings at Fukoku subsidiaries in all regions, continues on last year’s solid showing. Net sales were 22.8 billion yen ($185.36 million)...
Zeon Corp. will halt its synthetic rubber production in the U.K. The company plans to break up and liquidate Zeon Chemicals Europe Ltd. (ZCEL), a consolidated subsidiary that produces and sells nitrile rubber (NBR). The reasons for the decision are uncertainty about securing procurements of primary materials over the long-term in the U.K., as well as the changing market environment....
Conveyor and transmission belt manufacturer Nitta Corporation is also known for developing signature products in the mechatronics field. The latest of these is the company’s newly announced Omega type M automatic tool changer. Nitta offers an extensive automatic tool changer lineup and has to date shipped a cumulative total of more than 200,000 units to customers in 28 countries. The...
by Yasuhiko Shimizu, Chief Editor E-media Ethylene propylene diene monomer (EPDM), a synthetic rubber used in products including automobile parts and electrical cables, is currently in global oversupply. EPDM is a synthetic rubber with superior electrical properties and outstanding resistance to weather, ozone, heat, cold and chemicals. A large share of overall production is used in the manufacture of...
