auto parts

Nishikawa Rubber to Establish Chinese Production Base for Automotive Seals by End of Year

Nishikawa Rubber Co. Ltd. (TYO:5161) has announced that it will establish a Chinese manufacturing and sales subsidiary for rubber and plastic auto parts in the outskirts of Wuhan, Hubei Province. By starting up a new base here, the company hopes to better meet the needs of its major customers, seeing these needs growing in tandem with China’s domestic automotive market....

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Toyoda Gosei Sets Up New Indian Base to Accelerate Engineering and Development

Toyoda Gosei Co. Ltd. (TYO:7282), a member of the Toyota Group, has opened a new base for Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. (TGMIN). The base is intended to handle engineering and sales matters, and is located in Gurgaon, near Delhi. Employees at the location have been tasked with developing, designing and selling a range of products –...

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Inoac to Roll Out High-Performance Elastomer Developed by US-Based Cooper Standard

Inoac Corp. is poised to launch the new material Fortrex in Japan within this year. A high-performance elastomer developed by Inoac’s global partner U.S.-based Cooper-Standard Holdings Inc., Fortrex combines the advantages of thermoplastic vulcanizate (TPV) and ethylene propylene diene monomer (EPDM), and will be sold as Japan’s first superelastomer of its kind. In the U.S., Fortrex is used in automotive...

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Sumitomo Riko Targets 1 Trillion Yen in Sales for 100th Anniversary in 2029

Sumitomo Riko Co. Ltd. (TYO:5191) announced on May 24 that it is switching to a new medium-term management plan, titled 2022 Sumitomo Riko Group Vision (2022V). With recent years seeing factors such as a major transformation in the automotive industry and the rise of protectionism in Western nations, the new plan comes as a fundamental shift to the approach outlined...

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Mitsui Chemicals to Strengthen Sales Efforts for Highly Heat-Resistant EPDM Rubber

Mitsui Chemicals Inc. (TYO:4183) has recently announced that it will step up its market development efforts for a highly heat-resistant metallocene-based grade of ethylene propylene diene monomer (EPDM) rubber in a move to boost sales. The chemical giant’s heat-resistant grade of EPDM rubber is able to withstand temperatures 30 degrees higher than conventional alternatives. Last fiscal year, the company started...

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JSR Elastomer India Starts Business Operations

JSR Corp. (TYO:4185) announced on April 9 that its Indian subsidiary JSR Elastomer India Pvt. Ltd. has started operations. Located in the city of Gurugram, Haryana, JSR Elastomer India was established on Dec. 20 last year to bolster operations and marketing activities for elastomer products such as synthetic rubber with a focus on India. It is the fourth JSR subsidiary...

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