automotive parts

Bando Chemical’s Automotive Parts Business Booms in Southeast Asia

Bando Chemical Industries Ltd.’s (TYO:5195) automotive parts business is enjoying robust sales in Southeast Asia. This comes despite a slight decline in Japanese production due to the transfer of production overseas and the impact of a greater number of vehicles not equipped with belts. The growth has primarily been driven by scooter transmission belt sales in Vietnam and India, as...

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Toyoda Gosei to Start Producing Automotive Parts at Saga Plant

Toyoda Gosei Co. Ltd. (TYO:7282) has announced it will start producing automotive parts at the company’s Saga Plant, which discontinued production of LEDs at the end of September 2016. The company has invested around 3.5 billion yen ($31.07 million) to prepare the plant to produce automotive parts. Production is set to start in May 2018 for airbag inflators, as well...

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Toyoda Gosei to Acquire 100% Stake in Brazilian Automotive Parts Manufacturer

Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it will acquire a 100 percent stake in Pecval Industria Ltda., a Brazilian-based manufacturer of automotive interior and exterior parts, by December 2017. Pecval is currently a joint venture between Toyoda Gosei and Shimizu Industry Co. Ltd. Now, however, the two companies have agreed that Toyoda Gosei will acquire a full ownership...

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Yokohama Rubber Develops New Structural Adhesive for Automotive Resin Panels

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has developed a new structural adhesive product for use with automotive resin panels. The company intends to market the product, which was developed with the goal of reducing vehicle weight, as part of its Hamatite brand of sealants and adhesives. Utilizing a fast-curing urethane adhesive with an NCO/OH ratio of 1.5,...

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Hiroshima Kasei to Manufacture Automotive Sealants in Indonesia

Hiroshima Kasei Ltd. held a ceremony on March 7 to celebrate the completion of an automobile sealant factory in Bandung, Indonesia. The 60 or so guests in attendance included company president Koichi Nishi and other top executives, along with customers and local government officials. The company established local subsidiary PT Hiroshima Kasei Indonesia in March 2016 in response to Japanese...

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Mitsuboshi Belting Expands Into Metal Automotive Parts

Rubber transmission belt manufacturer Mitsuboshi Belting Ltd. (TYO:5192) is moving aggressively into the field of metal parts for automobiles. At its recent global distributor meeting held in Kobe, the company has introduced its new product Smastar, a spring-loaded alternator pulley. The pulley’s built-in coil spring allows it to absorb engine rotational fluctuations, helping, the company says, to control belt noise,...

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