india

Bando Plans to Strengthen Position in Asian Market for Power Transmission Belts

Bando Chemical Industries Ltd. (TYO:5195), a major manufacturer of power transmission belts and conveyor belts, is looking to increase its sales of power transmission belts in the Chinese market and the Asian market overall. The company plans to increase its sales in the Chinese market through the end of the 2016 fiscal year to 11.8 billion yen ($107.6 million) from...

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Sumitomo Riko’s Hose Business Division Expecting Near Double-Digit Growth

Using demand through March 2015 as a baseline, Sumitomo Riko Co. Ltd. (TYO:5191) is, on a consolidated basis, anticipating close to double-digit revenue growth for 2016 with its industrial hose business. Going forward, this will be backed by overseas markets. Sumitomo Riko already has production bases in China and India, and it is expanding also into other regions, with particular...

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All India Rubber Industries Association Mission Visits Japan

A mission comprising 13 representatives of the All India Rubber Industries Association (AIRIA; Mohinder Gupta, President) visited Japan February 8 through 13, calling on five Japanese rubber and synthetic rubber manufacturers, as well as raw materials merchants and others. They also made a courtesy call on February 12 to the Japan Rubber Manufacturers Association (JRMA), and were greeted by other...

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