News

Eneos Material Raises Prices of Elastomers and Latex

Eneos Material announced on March 22 that it will raise the prices of elastomer and latex products for deliveries from May 1. The price increase will be 12 yen ($0.08) or more per kilogram for Eneos Material’s elastomer and latex products, $120 per ton for BST Eneos Elastomer’s elastomer products, and €170 ($184) per ton for Eneos Mol Synthetic Rubber’s...

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Nitta Develops CFRP Products for Industrial Applications Using Namd

Rubber and resin products manufacturer Nitta has developed patented carbon fiber reinforced plastic (CFRP) products for the industrial field using its proprietary CNT composite technology Namd. Since fiscal 2017, Namd has been used in many CFRP products in the sports field, such as tennis rackets and golf club shafts, due to its excellent properties, including vibration damping and speed-dependent relaxation...

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Michelin and JV Partners to Build First Tire Recycling Plant in Sweden

A joint venture between Michelin of France, Scandinavian EnviroSystems (Enviro) and Antin Infrastructure Partners (Antin) has finalized a joint investment plan to build its first tire recycling plant. The first plant, based in Uddevalla, Sweden, has already received all necessary environmental and building permits and approvals for construction. The construction process has begun, and the new plant is expected to...

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Denka Completes Construction of Chemical Recycling Plant

Denka and its affiliate Toyo Styrene in March completed construction of a chemical recycling plant for used polystyrene at Denka’s Chiba Plant in Ichihara City. The investment is worth approximately 4 billion yen ($26.45 million), and the plant will process approximately 3,000 tons of used polystyrene per year. While food packaging accounts for more than 60% of Japanese domestic demand...

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Yokohama Rubber to Build New Passenger Car Tire Plant in Mexico

Yokohama Rubber will build a new passenger car tire plant in Mexico to strengthen its ability to supply tires to the North American market. With a production capacity of 5 million tires per year and an investment of $380 million, construction will begin in the second quarter of 2024, and production is scheduled to start in the first quarter of...

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Toyo Tires and Doshisha University Sign Collaboration Agreement

Toyo Tires and Doshisha University concluded in March a comprehensive collaboration agreement. The two institutions will work together to promote R&D and human resource development in order to contribute to society and promote mutual development. Based on the agreement, the partners will mutually provide and share their unique, high-value-added resources. They will accelerate the social implementation of technologies that can...

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