Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has finished constructing new facilities for truck and bus (TB) tire production at its Brazil Factory, with operations here having launched on March 1. The move comes in an effort to provide more stable supply of TB tires in the Brazilian market while also avoiding risks posed by foreign exchange rates....
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Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), a subsidiary based in India, held an opening ceremony on Feb. 4 for its new Gujarat Plant. The Gujarat Plant began operations last October, manufacturing products for automotive safety systems – such as airbags and steering wheels – as well as weatherstrips and more. These...
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Bridgestone Corp. (TYO:5108) has announced that U.S. subsidiary Bridgestone Americas Inc. will expand its plant in Warren County, Tennessee. The move will give the location additional production capacity for truck and bus radial (TBR) tires, which the company hopes will allow it to respond to growing demand for these tires in the North American market. Over the next three years,...
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Denka Co. Ltd. (TYO:4061) President Manabu Yamamoto has shed light on his company’s future plans for chloroprene rubber (CR), which is currently up against a tight supply–demand balance around the world. Yamamoto revealed that Denka is looking to increase its productivity for the material via bottleneck removal, implementing moves for this not only at the company’s Omi Plant in Japan...
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Glove manufacturer Towa Corporation Ltd. is set to move forward with expansion efforts from Aug. 1, 2019, adding new room to a Bangladeshi plant that produces gloves for the manufacturing industry. The company will invest around 100 million yen ($882,900) to achieve this. By adding a third floor to its current two-floor setup here, Towa Corporation will open up additional...
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Kuraray Co. Ltd. (TYO:3405) is set to build a new factory in Thailand for the production of thermoplastic elastomers (TPEs) and highly functional resins. Located in the Hemaraj Eastern Industrial Estate, part of Thailand’s Map Ta Phut complex, the new factory is slated for completion at the end of 2021. Kuraray will use the location to provide 13,000 tons of...
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