automotive belts

Japan’s Transmission Belt Production Rises 2% Year-on-Year for 2017

The Japan Belting Manufacturers Association recently released statistics showing Japan’s domestic production of transmission belts to have increased 2 percent year-on-year for 2017, reaching a total of 11,985 tons. While automotive demand stalled, demand for general industrial applications was solid. Increased demand was seen for applications such as semiconductor manufacturing equipment, injection molding machines, machine tools and industrial robots. Looking...

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Mitsuboshi Belt President Talks EV Impact on Automotive Belt Market

The Japanese market is witnessing a decline in demand for automotive belts, says Hajime Kakiuchi, president of major automotive belts and parts manufacturer Mitsuboshi Belting Ltd. (TYO:5192). Sitting down recently for an interview with Japan Rubber Weekly, Kakiuchi said that the drop-off comes as a consequence of not only the shift to electric vehicles (EVs) but also with the expanded...

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Transmission Belt Demand up for General Industrial Products, Flat for Auto Products

The Japan Belting Manufacturers Association is forecasting 11,817 tons of demand for domestically produced transmission belt products during 2017, virtually unchanged from the previous year. While automotive-related demand has somewhat declined, demand has been strong for general industrial belting. Growth was driven by applications for semiconductors, injection molding machinery, machine tools and industrial robots. Transmission belt production from January through...

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Bando Chemical Strengthens Existing Initiatives as First Part of Business Plan Draws to a Close

Bando Chemical Industries Ltd. (TYO:5195) has been working to bolster existing businesses while creating new ones as part of Breakthroughs for the Future, the company’s medium- to long-term business plan. The plan was embarked upon in fiscal 2013, and its first stage – or “BF-1” – concludes this year. According to Bando Chemical’s president, Mitsutaka Yoshii, the company has made...

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