philippines

Yokohama Rubber Expects to Resume Full Operations at Filipino Tire Plant by End of 2020

Yokohama Rubber Co. Ltd. (TYO:5101) is planning for Yokohama Tire Philippines Inc. (YTPI), its manufacturing subsidiary in the Philippines, to return to full production capacity by the end of 2020. This follows a fire that occurred at YTPI on May 14, 2017, affecting approximately 17,400 square meters in the northeast sector of the subsidiary’s East Plant. The plant’s buildings and...

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Yokohama Rubber President Discloses Details on Fire Damage at Philippine Factory

Yokohama Rubber Co. Ltd.’s (TYO:5101) President Masataka Yamaishi recently disclosed details regarding the fire that occurred at the company’s main overseas factory in the Philippines. According to Yamaishi, the fire started at around 3 p.m. local time on May 14 and was put out around 11 p.m. It affected approximately 17,400 square meters in the northeast area of the east...

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Tosoh Looks to Double PVC Capacities, Shore up Supply in Philippines

Tosoh Corp. (TYO:4042) has announced plans to expand production capacity of polyvinyl chloride (PVC) at local affiliate Philippine Resins Industries Inc. (PRII). Tosoh will be investing approximating 4.2 billion yen ($37.05 million) to take annual production capacity from its current level of 100,000 tons up to 210,000 tons. Construction is slated to start in February this year and conclude in...

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