Nichirin Co. Ltd. (TYO:5184), a manufacturer specializing in automotive hoses, has set up a production technology center within the company’s Himeji Factory. In a recent interview with Japan Rubber Weekly, Nichirin President Ryuichi Maeda said that the company will use the center to tackle innovative manufacturing and develop new production methods. In addition, he said, Nichirin will focus on bolstering...
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Sumitomo Riko Co. Ltd. (TYO:5191) subsidiary Tokai Imperial Hydraulics India Pvt. Ltd. (TIH) is set to take part in Excon 2017, also known as the International Construction Equipment and Construction Technology Trade Fair. The Indian-based manufacturer and seller of industrial hoses will be exhibiting its key products at the trade fair, which starts in Bangalore on Dec. 12. The firm...
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Production volume for new rubber hoses in 2017 is forecast to be 36,632 tons, up 5.8 percent year-on-year, according to annual demand data compiled by the Japan Rubber Hose Manufacturers Association. Meanwhile, shipment value is forecast at 138.4 billion yen ($1.23 billion), up 2.1 percent. Though production volume and shipment value showed losses last year, both are expected to have...
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Production and shipments for rubber and resin hoses are on an upward trend. Automotive and high-pressure rubber hoses have been solid performers on the back of a recovery in domestic automotive production volume and robust demand for construction equipment and machine tools. Resin hoses and tubes have also been going strong, supported by firm demand from the semiconductor industry. This...
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Nitta Corp. (TYO:5186) has posted record-high sales and profits for the first half (April–September) of the fiscal year ending March 2018. This reflects strong domestic and overseas business results for the company’s mainstay belt and hose business operations, as well as for its air conditioning and device-related products. Total sales for the half were 36.48 billion yen ($319.79 million), up...
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Sumitomo Riko Co. Ltd. (TYO:5191) held its second “Kyoshokai” event on Nov. 1 at the company’s branch in Ayabe, Kyoto. The company used the event to outline business objectives and recognize the efforts of outstanding Chinese distributors. Established in 2016, Kyoshokai is a distributors conference for Sumiriko Industrial Products (Shanghai) Co. Ltd., a Shanghai-based industrial hose sales subsidiary of Sumitomo...
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