meti

Mitsui Chemicals Receives Letter of Gratitude From METI for Supplying Emergency Medical Goods During COVID

Mitsui Chemicals Inc. (TYO:4183) has received a letter of gratitude from the Ministry of Economy, Trade and Industry (METI), thanking the company for working over the past year to boost its raw material production for medical gowns, masks and so on. With COVID-19 starting to spread widely around the world last spring, there was a shortage of medical gowns. And...

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Recovery in Automotive Production Sees Rubber Products Sector Spring Back in September

With automotive production recovering, there has also been steady improvement in both production and shipment results for rubber products. According to figures released by the Ministry of Economy, Trade and Industry (METI) for September, Japan’s monthly production and shipments of rubber products came to a value of almost 181.4 billion yen ($1.74 billion), down just 8.2 percent against the same...

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METI Sheds Light on Japan’s Withdrawal From IRSG

As previously reported, Japan left the International Rubber Study Group (IRSG) on June 30. Responding to a comment request from Japan Rubber Weekly, the Ministry of Economy, Trade and Industry (METI) explained the withdrawal by stating that while Japan recognizes the importance of the IRSG’s activities, the government determined that its own participation in the group was not strictly essential....

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METI Highlights Sumitomo Rubber for Program Promoting Companies With Excellent Health Management

Sumitomo Rubber Industries Ltd. (TYO:5110) has been chosen as part of the 2020 Health and Productivity Stock Selection Program, marking the first time for Sumitomo Rubber to be included in the program. Positions in the program were awarded to companies for having health care regulations that stipulate rules and risk levels around various health diagnoses, as well as for engaging...

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Concern Around Market Slowdown for Rubber Products After Shipments Fall 4.6% in August

Concerning signs are appearing in the market for rubber products, which had until recently been trending well in terms of shipments. According to August shipment and production figures compiled by the Ministry of Economy, Trade and Industry (METI), Japan’s shipments of rubber products came to a total value of 166.77 billion yen ($1.53 billion) for the month, falling 4.6 percent...

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Japan’s Rubber Product Shipment Value Rises 6.4% Year-on-Year for July

Japan’s shipments of rubber products this July came to a total value of roughly 211.04 billion yen ($1.97 billion), rising by 6.4 percent over the same month last year, according to figures put together by the Ministry of Economy, Trade and Industry (METI). Looking at individual product types, automotive tires up made 53 percent of the total here, and saw...

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