anti-vibration rubber

Sumitomo Riko President: Rapid Spread of EVs Demands a New Approach

Sumitomo Riko Co. Ltd. (TYO:5191) President Tetsu Matsui says that he feels a sense of crisis at the need for his company to adapt to the trend toward electric vehicles (EVs), which is moving faster than expected. As EVs become more prevalent, he said, there will be a reduction in use of anti-vibration rubber and hose products for internal combustion...

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Sumitomo Riko Showcases Anti-Vibration Rubber Products at APTA Expo 2017

Sumitomo Riko Co. Ltd. (TYO:5191) is exhibiting for the first time at the American Public Transportation Association (APTA) Expo 2017 taking place in Atlanta, Georgia from Oct. 9–11. The company has introduced its anti-vibration rubber products for railcars at the expo, eyeing a full-scale expansion into the North American market. Anti-vibration rubber products for railcars are installed in the truck...

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Company Report: Automotive Parts Supplier Molten

Besides being a world-famous maker of basketballs and other sports ball equipment, Molten Corp. also boasts a history of more than 60 years as a manufacturer of automotive rubber and resin products. Japan Rubber Weekly recently had the opportunity to speak about the company’s future strategy with Toshihiko Kobayashi, a board member at Molten, and chief operating officer of its...

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Production and Shipments of Rubber Belts and Hoses for May Continue Declining Trend

Rubber belt production for May totaled 2,003 tons in terms of new-rubber volume, down 3.6 percent from the same month of the previous year, while shipments were valued at 5.6 billion yen ($53.01 million), up 0.6 percent from the previous May. It was the 13th consecutive month of decline in production volume and the first year-on-year increase in shipment value...

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Sumitomo Riko Establishes New Manufacturing Base in Poland

Sumitomo Riko Co. Ltd. (TYO:5191) has established in Poland a new company, SumiRiko Automotive Hose Poland Sp. z o. o. (SRK-HP), for the manufacturing and distribution of automotive hoses. The new company represents an investment of 10 million euro ($11 million). Located in the city of Sosnowiec, the company will commence operations in October of this year. Sumitomo Riko already...

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Sumitomo Riko CEO Nishimura Comments on Recent Developments

Yoshiaki Nishimura, Chairman of the Board and CEO of Sumitomo Riko Co. Ltd. (TYO:5191), recently commented on the current state of the company’s business growth and transformation into a global firm. In 2013, Sumitomo Riko carried out four M&A deals, giving the company the largest share in the global market for automotive anti-vibration rubber. That share is projected to be...

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