Tokai Cobex Savoie SAS, a French subsidiary of carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301), has been selected to receive a grant from the French government as part of its national recovery and resilience plan (NRRP). As part of the NRRP – an initiative designed to help France recover from the impact of COVID-19 – the French government issued...
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With automotive production bouncing back from the lows brought by COVID-19, rubber-related auto parts too have seen a recovery in both production and shipment numbers. Looking at Japan’s automotive production figures from last year, it is apparent that production volume started to fall by double digits year-on-year in April 2020, marking a trend that then continued for some time. Following...
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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 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 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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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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