Products

Valqua Launches Digital Procurement Service for Fluoroplastic Processing

Valqua, a manufacturer of high-performance rubber products, released in March a digital procurement service called “Quick Value”, which enables users to obtain quotes immediately by simply uploading drawings of fluoropolymer processed products. Quick Value statistically analyzes the machining information of parts drawings uploaded to the cloud and combines it with the plant and machining data (equipment, machining type, number of...

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Yokohama Rubber Aims for 10% Profit Margin in MB Business

Yokohama Rubber aims to achieve a 10% business profit margin in its Multiple Business (MB) business by 2026, the final year of the new medium-term management plan “YX2026” announced in February. The company has positioned the hose and piping business as a growth driver and wants to achieve stable profitability in the industrial materials business. The performance of the MB...

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Yokohama Rubber Announces New Medium-Term Management Plan YX2026

Yokohama Rubber announced a new medium-term management plan, “Yokohama Transformation 2026 (YX2026),” covering the period from 2024 to 2026. Under YX2026, the company aims to achieve hockey stick growth by 2027 through further promoting the deepening of strengths and exploration of new values in existing businesses that have been promoted since the previous mid-term plan, YX2023. The management targets for...

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Bridgestone’s Diversified Products Businesses Show Steady Improvement

Bridgestone’s Diversified Products business is steadily improving its performance. In the fiscal year ended December 31, 2023, this business posted sales revenue of 298.4 billion yen ($1.98 billion), up 7% from the previous year, adjusted operating profit of 13.2 billion yen, up 39%, and adjusted operating profit margin of 4.4%, up 1.0 percentage point. The Chemical Products business posted sales...

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Toyoda Gosei to Increase Production Capacity in North America

Toyoda Gosei will increase the production capacity of its U.S. subsidiaries TG Missouri (TGMO) and TG Kentucky (TGKY) in order to respond to expanding sales of automotive interior and exterior parts in North America. The investment will be approximately 3.1 billion yen ($20.88 million) for TGMO and approximately 5.7 billion yen for TGKY. The expanded capacity is scheduled to start...

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Bando Starts Solar Power Generation at Chinese Subsidiary

Bando Chemical started operation of a solar power generation system on the roof of Bando Belt Tianjin, its subsidiary in China, in December as part of its efforts to achieve carbon neutrality and utilize clean energy. The newly installed solar power generation system has a generating capacity of 741 kW, with a projected annual power output of 850 MWh per...

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