Toyoda Gosei Co. Ltd. (TYO:7282) will boost production capacity of plastic fuel filler pipes in Japan and the U.S. to meet growing demand for lightweight products. The company will spend a total of 2 billion yen ($18.12 million) on the effort, with around 600 million yen going to its Heiwacho Plant in Inazawa, Aichi Prefecture, and the other 1.4 billion...
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Fujikura Rubber Ltd. (TYO:5121) led by President Kenji Morita will focus on shoring up its plants in China and Vietnam and aims to generate 35.6 billion yen ($319 million) in annual sales mainly from automobile parts, control equipment, industrial materials and carbon golf shafts in the fiscal year ending March 2020. Fujikura held an opening ceremony for its facilities in...
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Mitsui Chemicals Inc. (TYO:4183) will expand production capacity for thermoplastic elastomer product Milastomer to 60,000 tons by 2020. This figure represents a 30-percent increase compared to 2017’s volume. Milastomer is a cross-linked olefin-based thermoplastic elastomer, referred to as thermoplastic vulcanite (TPV). The material’s primary ingredients are ethylene propylene (EP) rubber and polypropylene (PP). Compared to other soft resins, Milastomer has...
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