Toyo Tires will install a mega solar power generation system with a capacity of 14 MW at its tire plant Toyo Tyre Malaysia (TTM) in Perak, Malaysia. In order to reduce CO2 emissions, TTM will install the largest mega solar system in Perak on a 96,000 square meter space on the roof of the plant building. Following the successful completion...
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Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it is set to establish Yokohama Tyre Sales Malaysia Sdn. Bhd. as a Malaysian JV for tire sales on Jan. 1, 2022. The JV will be formed with YHI International Ltd. (YHI) – the exclusive distributor of Yokohama tires in Southeast Asia – and its subsidiary YHI (Malaysia) Sdn. Bhd. (YHIM), which...
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Toyo Tire Corp. (TYO:5105) is looking to cease tire production this June at its Silverstone Bhd. (SSM) plant in Perak, Malaysia. The plant will then be liquidated and shuttered by Dec. 31. SSM primarily supplies Malaysian automakers with OE tires – and the market with commercial tires – under the Silverstone brand. It also produces a number of Toyo Tires-branded...
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Toyo Tire and Rubber Co. Ltd. (TYO:5105) said that tire production volume at its automobile tire manufacturing subsidiary in Malaysia has exceeded a total of 10 million units. Toyo Tyre Malaysia Sdn Bhd functions as a global hub for supplying not just Southeast Asia, but also others market segments, including Europe, Japan and North America. The subsidiary was established in Malaysia’s...
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Sagami Rubber Industries Co. Ltd. (TYO:5194) is making good sales on its polyurethane condoms despite being priced twice as high as their latex counterparts. The polyurethane product features superior thinness and strength, reassuring consumers and contributing to expanded sales. Approximately 70 percent of Sagami Rubber’s sales are from condoms. Ultra-thin polyurethane condoms (0.01mm thick) have been selling especially well ever...
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