Output for flexible intermediate bulk containers (FIBCs) totaled 3.753812 million units over January–December 2016, a 17-percent year-on-year decline, according to the Japan Flexible Container Association. Despite there having been a demand increase in the petrochemical industry in 2015, demand surrounding decontamination work has faired worse. Construction of interim storage facilities have been delayed and work on residential areas has settled...
Products
Japan’s Rubber Product Exports, Imports Down for 2016
Japan’s export value of rubber products for 2016 decreased 16.1 percent year-on-year, falling to 819.4 billion yen ($7.18 billion), while import value fell 8.5 percent to hit 392.6 billion yen, according to data compiled by the Japan Rubber Manufacturers Association from the Trade Statistics of Japan. It was the third consecutive year of decline in value for exports and the...
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Toyoda Gosei Installs LNG Equipment in Japanese Plant
Toyoda Gosei Co. Ltd. (TYO:7282) said it is installing liquefied natural gas (LNG) equipment at its Morimachi Plant and switching boiler fuel from heavy oil to LNG. The company eyes to start operations within February 2017. It is also planning to switch the liquefied petroleum gas (LPG) currently used in the heating furnaces in production processes to LNG by February...
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Interview: Inoac CEO Soichi Inoue Highlights Global Expansion
Inoac Corp. CEO Soichi Inoue recently sat down for an exclusive interview with Japan Rubber Weekly. The 87-year-old Inoue discussed the global expansion of the Nagoya-based company, a Japanese leader in rubber and resin-related products. With Inoac having overseas subsidiaries in some 80 locations across 13 countries, the company is expanding its business in the global market, Inoue said. The...
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Nitta Inaugurates Hose and Tube Manufacturing Base in Thailand
Nitta Corp. (TYO:5186) held a factory completion ceremony on Feb. 20 at Nitta Corporation (Thailand) Ltd. (NCT), the company’s Thai hose and tube production base. The ceremony was attended by over 80 people, including Thai government officials and customers. Nitta President Motonobu Nitta gave opening remarks, saying that the company is looking to contribute to Thailand’s development, as well as...
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Asics CEO Discusses Global Performance, Changes in Response to Changing Markets
Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...
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