production

Japanese Companies in China See Significant Variation in Their Recovery From Coronavirus

Japanese companies with Chinese bases in the rubber sector look like they will still need some more time to get these bases back to where they were before COVID-19. A survey carried out by Japan Rubber Weekly provided some details here. China is starting to work toward economic recovery, making moves such as lifting the urban lockdown on virus epicenter...

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Toyoda Gosei to Restructure Indian Production Subsidiaries in Effort to Construct Flexible Supply System

Toyoda Gosei Co. Ltd. (TYO:7282) is planning to restructure its Indian production subsidiaries in an effort to build a more optimal production network in the country. By the end of 2020, the company intends to transfer its entire stake in subsidiary Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN). At present, Toyoda Gosei’s...

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Carbon Masterbatch Demand for Leading Japanese Firms Expected to Fall Short of 140,000-Ton Mark

Japanese producers of carbon masterbatch (CMB) have seen an uptick in performance over recent years, highlighting good conditions in the local industry for rubber refining. However, developments in 2019 have raised concerns over the current direction of the market. Looking at the figures of 24 companies under the Japan Polymer Mixing Manufacturers Association (JPMA), CMB production trended upward for 2017,...

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Nichirin to Stop UK Production of Automotive Air Conditioning Systems and Brake Hoses

Nichirin Co. Ltd. (TYO:5184) recently announced that it intends to stop production and sales of automotive air conditioning units and brake hoses at U.K.-based subsidiary Nichirin U.K. Ltd. (NUK). At present, around 40 percent of such shipments from this plant go out to the U.K. and Turkish assembly plants of Honda Motor Co. Ltd. (TYO:7267), making Honda the most significant...

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Toyo Tires Produces 50 Millionth Tire at US Subsidiary

Toyo Tire Corp. (TYO:5105) recently announced that U.S. tire manufacturing subsidiary Toyo Tire North America Manufacturing Inc. (TNA) has produced its 50 millionth tire since beginning operations. The 50 millionth tire to be manufactured at TNA was a Ridge Grappler, a light truck tire sold under the Nitto brand. The series has earned itself a strong reputation for its combination...

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Kuraray Plans Major Investment to Build New TPE Factory in Thailand

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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