Bridgestone Corp.’s (TYO:5108) hose business has shown promising trends with its first-half results for calendar 2021. With demand marking a V-shaped recovery from last year both in Japan and overseas, the company’s business here has managed year-on-year increases in both sales revenue and profit, with the former of these metrics rising by double digits. Domestically, hose demand in OE applications...
hoses
Semiconductor Demand Drives Strong Sales for Plastic Hoses and Tubes
Companies in the rubber and plastic hose sector are continuing to see a good level of sales for their plastic hoses and tubes. Amid high global demand for semiconductors and related products, a surge of activity has come about surrounding hoses and tubes for use in semiconductor manufacturing equipment. On top of this, the likes of suction hoses for use...
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High Transport, Materials Costs Build Momentum for Hose Price Hikes
Price hikes are under consideration in the rubber and resin hose industry as manufacturers grapple with soaring costs of transport and raw materials, in addition to corrections for unprofitable products. While high transport costs are an industrywide issue, factors specific to certain hose types are also evident. High transport costs are not limited to the domestic Japanese industry. Difficulty in...
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Rubber Hose Market Expected to Fall Short of Full Recovery Next Year
The Japan Rubber Hose Manufacturers Association recently released a forecast of Japan’s rubber hose demand for 2021. According to the figures here, domestic rubber hose production for the year is slated to come to 32,340 tons, up 11.9 percent year-on-year. But while this represents a significant increase, it does not quite get the sector back to where it was before...
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Bridgestone’s US Hose Business to Focus on Building and Manufacturing Industries Amid Demand Slump
Bridgestone Corp. (TYO:5108) is looking to focus its U.S.-based hose operations on sales to the building and manufacturing industries. To this end, the company will utilize the sales network of local subsidiary Bridgestone HosePower LLC to take in related demand. Previously, Bridgestone’s U.S. hose business has been largely focused on the oil and gas sector, with its products being used...
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Bridgestone Wins Good Design Award For Eco Loop Hose Series
Bridgestone Corp.’s (TYO:5108) Eco Loop, a hose product for use with EcoCute water heating systems, has received a Good Design Award for 2019. Eco Loop hosing is used to connect an EcoCute system’s hot water storage unit with its heat pump unit, which allows for heat exchange. As hoses for EcoCute are in contact with boiling water over a long...
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