Bando Chemical Industries Ltd. (TYO:5195) is moving this year to close and liquidate Bando (Shanghai) Industry Equipment Element Co. Ltd., a group company that carries out conveyor belt production and related production for the Chinese market. However, Bando Chemical still sees the Chinese conveyor belt sector as offering a promising market going forward. The company will therefore look to have...
Bando Chemical Industries Ltd. (TYO:5195) is bringing in special paid leave days for its employees to get vaccinated against COVID-19. By providing this paid leave, the transportation and conveyor belts manufacturer aims to reduce health risks from COVID-19 and help prevent its spread. However, the company will only recommend vaccination rather than require it, leaving it up to each individual...
Bando Chemical Industries Ltd. (TYO:5195) has launched a transparent film for preventing droplet infection. This is being offered as a new product under the company’s Vinyban series of polyvinyl chloride (PVC) films, which provide good performance in a wide range of applications. The PVC film can be easily installed in various places where people interact face-to-face, including service desks, supermarkets,...
Bando Chemical Industries Ltd. (TYO:5195) subsidiary BL Autotec Ltd. has launched the FlexR-25 as a new product under its BL Quick-Change series of tool changers. The FlexR-25 can be used for a wide range of applications, including the assembly, deburring, grinding, machine tool handling and cleaning processes. Making use of the ball-lock-based attachment and detachment mechanism inherent to the broader...
Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the...
Bando Chemical Industries Ltd. (TYO:5195) recently posted its business results for the first fiscal quarter, with President Mitsutaka Yoshii noting that both sales and profits fell year-on-year. The company has been hit by the effects of factors such as the U.S.–China trade war and a sluggish Asian market, yet Yoshii said that he expects to see a recovery in the...
