coronavirus

Japan’s Top 50 Rubber-Related Companies Hit Hard by COVID-19 in FY2020, Study Reveals

Japan Rubber Weekly has carried out a study into the fiscal 2020 business results of rubber-related companies across Japan. This revealed that the combined sales revenue of the top 50 companies came to just under 3.41 trillion yen ($31.12 billion), down 14.3 percent year-on-year, while the top 10 companies totaled just over 2.6 trillion yen, down 15.2 percent. The spread...

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Bando Chemical Offers Employees Paid Leave for COVID-19 Vaccination

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...

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Sumitomo Riko’s Thermal Insulation Films Fitted to Freezer Boxes for Vaccine Transportation

Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Finesulight series of thin films with high thermal insulation functionality get picked up for use in the BioBox Freezer, a dry ice-compatible, ultrahigh-performance thermal insulation box offered by Sugiyama-Gen Co. Ltd. Allowing for storage at below minus 70 degrees Celsius without the need for electricity, this freezer box is expected to find...

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Companies Face Hurdles in Efforts to Bring Employees Back from COVID-Stricken India

A number of Japanese companies are looking to bring stationed employees back home from India, where the rate of COVID-19 infection has surged of late. Zeon Corp. (TYO:4205) has already finished bringing back employees from local subsidiary Tokyo Zairyo Co. Ltd., while the likes of Yokohama Rubber Co. Ltd. (TYO:5101) and Sumitomo Rubber Industries Ltd. (TYO:5110) too are moving to...

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Container Shortage Affects Rubber Industry, Driving Concerns Around Supply Stability and Cost Hikes

The COVID-19 pandemic continues to make it difficult to secure containers for imports and exports, and Japan’s rubber industry is no exception. Further, with the potential for the issues here to not only hinder stable product supply but also drive up costs, there are a number of players in the industry voicing concern over the current state of affairs. As...

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Denka Releases Video Showcasing Company Efforts to Supply Ingredients for Antiviral Drug Avigan

Denka Co. Ltd. (TYO:4061) has released an approximately eight-minute video documenting its project to supply diethyl malonate for use in Avigan, an antiviral drug being touted as a potential treatment for COVID-19. The video has been made available on the company’s website. The video brings to life the story of how Denka, responding to a government request, managed to get...

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