Products

Fujikura Composites to Offer Small Magnesium–Air Batteries for Use in Emergencies

Fujikura Composites Inc. (TYO:5121), formerly known as Fujikura Rubber Ltd., is set to launch its Aqua Charge series of small magnesium–air batteries for residential use on May 29. These have been designed as a smaller version of the company’s existing WattSatt series of magnesium–air batteries for emergency power storage. WattSatt products have been receiving positive feedback from companies and government...

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Daicel-Evonik Installs New Extrusion Equipment for Multilayer Plastic Tubes

Daicel-Evonik Ltd. has installed new extrusion equipment for multilayer plastic tubes at its Technical Center in the city of Himeji. The new equipment is capable of producing tubes with up to five layers. Gaining the ability to manufacture five-layer tubes – up from the previous three layers – will open up major opportunities for Daicel-Evonik in terms of responding to...

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Nitta Celebrates 134th Anniversary, Looks to Capitalize on a Changing Society

Nitta Corp. (TYO:5186), a major manufacturer of industrial-use rubber and resin products, celebrated its 134th anniversary on March 18 with ceremonies at its Osaka Head Office and its Nara Plant. Speaking on the day, President Motonobu Nitta said that his company has sought to create new value by expanding its range of operations outside of the existing Nitta family business...

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Nitta Completes Third Phase of Expansion Project at Mexican Plant

Nitta Corp. (TYO:5186) recently announced that its Mexican subsidiary, Nitta Moore Mexico S. de R.L. de C.V. (NMM), held a ceremony on Feb. 19 to mark the end of construction for the third phase of a plant expansion project. The ceremony was attended by a number of San Luis Potosi state and city officials, including business council executive Gabriela Rivera...

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Nitta Develops New Robotic Hand Able to Grip Wider Range of Foods

Nitta Corp. (TYO:5186) is set to begin accepting orders this March for its new SOFTmatics robotic hand. In developing the SOFTmatics, the major industrial rubber products manufacturer looked to bring about a new robotic hand that is able to directly grip foods of unusual shape and other such characteristics – a task that has proven difficult for conventional robotic hands....

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Sumitomo Riko Posts Record Sales, Falling Profits for Q1–Q3

Sumitomo Riko Co. Ltd. (TYO:5191) recently posted record-high sales in cumulative results for the first three quarters of fiscal 2018. This comes despite profits falling under all metrics. Sales for the nine-month period came to 350.43 billion yen ($3.19 billion), up 2.8 percent year-on-year. Meanwhile, business profit – calculated by subtracting cost of sales, sales expenses and general administrative expenses...

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