Toyoda Gosei has decided to dissolve Toyoda Gosei Star Light (Tianjin) Automotive Parts, its wholly owned subsidiary in China engaged in the manufacture and sale of automotive weatherstrip products, as part of efforts to reform the profit structure of its Chinese operations. Production will end in December 2025, with liquidation to be completed by December 2026. Amid dramatic changes in...
Yokohama Rubber has announced that it has acquired an additional 22.98% stake in Shandong Yokohama Rubber Industrial Products, a consolidated subsidiary engaged in the production and sales of conveyor belts in China. With this acquisition, combined with the 77.02% stake it already held, the company has made Shandong Yokohama a wholly owned subsidiary. The transaction was completed on July 18....
The 20th China International Tire Expo (CITEXPO) 2025 will be held in Shanghai on September 3 to 5, 2025. One of the largest tire trade shows in the Asia-Pacific region, CITEXPO is organized by Haifu International Exhibition Service and will take place at the Shanghai World Expo Exhibition and Convention Center in the city’s Pudong district. CITEXPO is a business...
Zeon Trading (Shanghai), a wholly owned subsidiary of Zeon Corporation, has agreed with Zhuhai Chenyu New Materials Technology (Chenyu), an affiliate of Shanghai Energy New Materials Technology (Semcorp), to establish Shanghai Chenon New Materials Technology, a joint venture to sell binders for negative electrodes used in lithium ion batteries. The investment ratio is 51% by Chenyu and 49% by Zeon...
Toyo Tires will transfer its 86% stake in Toyo Tire Zhangjiagang (TTZ), a passenger car and light truck tire manufacturing subsidiary in China, to Liaoning Hengdasheng Investment (LHI), signing a basic agreement on February 14. The company has decided to review its China business in its global business strategy, as the penetration of its brand and product power has been...
Yokohama Rubber held a groundbreaking ceremony for a new passenger car tire plant in Hangzhou, China on December 16, 2024. The ceremony was attended by the mayor of Hangzhou and many other government officials. Also in attendance were Masataka Yamaishi, Chairman and CEO of Yokohama Rubber, and Shinji Seimiya, President and COO. The new plant is the first of a...
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