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Bridgestone Plans to Increase Hose Division Net Sales in 2016

on March 17, 2016 in Industry, Products

Despite forecasts indicating slow demand for construction machinery both in Japan and overseas and market conditions that have become more difficult since last year, Bridgestone Corp. (TYO:5108), which has introduced an in-house company system, is rolling out a plan to include its high-pressure hose business in its in-house global mining and agricultural machinery solutions company. Under this arrangement, the in-house...

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Nitta to Boost North American Belt Output with 2nd Plant

on March 15, 2016 in Industry, Products

Nitta Corporation of America (NCA), the U.S. manufacturing and sales subsidiary of Nitta Corp. (TYO:5186), has decided to construct a second plant to add more production facilities. In addition to fabricating light conveyor belts made from plastic, the second plant will add facilities for producing flat belts. NCA will invest around $7.6 million in the project, with construction commencing this...

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Ohno Rubber Enters New Markets, Sets Sights on 100 Years in Business

on March 15, 2016 in Industry, Products

President Yoichi Ohno of Ohno Rubber Industrial Co. Ltd., a maker of automobile rubber spare parts, recently unveiled a policy for actively developing new markets and new products in areas that the company has not been active in up till now. Proud of its 75-year history, the expansion into new areas including plastics products and engineering plastics as well as special...

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Ultra-thin Rubber Sheets

Kureha Elastomer to Target Battery, Medical Instrumentation Markets

on March 14, 2016 in Innovation, Products

Kureha Elastomer Co. Ltd., a manufacturer of office automation (OA) equipment and rubber spinning rollers, is developing ultra-thin high-performance rubber sheets with which it hopes to target new markets such as batteries and medical instrumentations. The ultra-thin high-precision sheets measure 0.05-0.02 mm in thickness with tolerances of ±10 percent, and can be produced from various kinds of synthetic rubber in...

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Conveyor Belt Demand for Blast Furnaces Fell 29% in 2015

on March 11, 2016 in Market Background, Products

According to statistics by the Japan Belting Manufacturers Association on demand for conveyor belts and plastic belts in 2015, the total value of conveyor belt sales was flat from the previous year. Domestic demand accounted for 61 percent of total sales in monetary terms. Exports accounted for 39 percent of sales, a drop of 19 percent from the year prior....

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Sneaker Sales Continue to Ride Wave of Demand

on March 11, 2016 in Industry, Products

The sneaker craze may very well have hit a peak in 2015. New Balance Japan Inc., a key driver of this high demand, saw 2015 (January–December) sales go up almost 30 percent over the previous year, with lifestyle shoes rising more than 40 percent. President Tomoo Tomita called 2015 a year in which his company benefitted from the sneaker craze....

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