conveyor belts

Mitsuboshi Belting Achieves New High in Second Quarter Operating Profit

Mitsuboshi Belting Ltd. (TYO:5192) saw improved business performance over the second quarter of fiscal 2016. With operating profit rising 7 percent year-on-year to hit 4.5 billion yen ($40 million), it was Mitsuboshi Belting’s best second quarter to date. While there was impact felt with the appreciating yen, the company ensured an increase in profit on account of a decline in...

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Rubber Goods Production for August Shows Upward Momentum

Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...

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Yokohama Rubber Promotes Sales of New Compound for Hardwearing Conveyor Belts

Yokohama Rubber Co. Ltd. (TYO:5101) is promoting sales of Tuftex α, its new conveyor belt cover compound designed for use in conveyor belts with world class abrasion resistance. The compound, which was launched in August, is targeting equipment such as reclaimers, which are used to move large volumes of materials, such as iron ore, in a short period of time...

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Forbo Siegling Japan Posts Strong Belt Sales in Food and Logistics Sectors

Forbo Siegling Japan Ltd., the Japanese subsidiary of the Swiss plastic belt manufacturer, has been enjoying brisk sales. Year-on-year net sales of belts from January through August rose by a rate in the mid-single digit range. Earnings from the food sector made a major contribution to the increase, with bread and confectionery manufacturers accounting for a significant share of the...

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Rubber Conveyor Belt Sales Down 45% in Big Steel Industry Over January–June

As announced by the Japan Belting Manufacturers Association, sales for rubber and resin conveyor belts over January–June saw a decrease in demand for rubber conveyor belts used in their primary space of big steel. Sales to blast furnace manufacturers were down 1 percent year-on-year. Meanwhile, sales to companies involved in big steel were down 45 percent, which was the highest...

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Bando Chemical Aims to Become Number One in Asia: President Yoshii

Bando Chemical Industries Ltd. (TYO:5195), a major industrial belt manufacturer, welcomed its 110th anniversary this April. According to Bando Chemical’s President, Mitsutaka Yoshii, the company has grown by producing belts that meet the needs of leading industries in each age. Yoshii said that Bando Chemical will continue using a variety of materials to manufacture high quality products while adapting to...

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