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Report: General-Purpose and Specialty Synthetic Rubbers Remain Sluggish

Synthetic rubber shipments are sluggish and many manufacturers are saying that it will be difficult to achieve a recovery at least by the end of the fiscal year. This comes as both tire and industrial goods applications, particularly automotive parts, continue to struggle. A certain degree of recovery is expected once inventory adjustments, which are said to be the main...

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Lanxess Expands Ion Exchange Resin Product Line for Effective PFAS Removal

Lanxess has expanded its line of ion exchange resins for the effective removal of perfluoroalkyl compounds and polyfluoroalkyl compounds (PFAS) from contaminated water by adding the anion exchange resin Lewatit Monoplus TP109 to its product lineup. In line with this announcement, Lanxess Japan held a press conference in November to explain the advantages of Lewatit ion exchange resins to the...

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Michelin to Raise Tire Prices in Japan by 6 to 10 Percent

Michelin Tire Japan announced that it will effective February 1, 2024, raise the prices of its Michelin, BF Goodrich, and Camso brand tires for the Japanese domestic market by 6-10%, with the rate of revision varying depending on the product. The price increase applies to commercial tires (summer and winter) for passenger cars, light trucks, and motorcycles in Japan; commercial...

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Sumitomo Rubber Updates CO2 Reduction Targets

Sumitomo Rubber has set a new 2030 reduction target for Scope 3 to achieve carbon neutrality for its entire supply chain. In addition, the 2030 reduction targets for Scope 1 and 2 have been raised due to the progress made ahead of schedule as a result of proactive efforts at each of the company’s sites. Scope 3 accounts for about...

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Sumitomo Riko to Streamline Factories at Komaki Plant

Sumitomo Riko has begun renovation of its Komaki Plant to achieve the 2029 Sumitomo Riko Group Management Vision (2029V). As the first phase of this project, a groundbreaking ceremony for a new chemical engineering plant was held on November 28. In 2021, the company has dismantled the former company housing and gymnasium in the northern part of the Komaki Plant...

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Bridgestone Outlines Retreading Strategy

Bridgestone aims to address the challenges facing the transportation industry by combining its products, retreading and digital technology-based services, and B-select, a solutions network, to provide four key values: safe operation, environmental impact reduction, cost reduction, and operational efficiency. “We are building a network of bases close to our customers and providing products and services that are tailored to their...

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