production

Rubber Auto Parts Trend Toward Recovery, But Face Murky Waters Ahead

With automotive production bouncing back from the lows brought by COVID-19, rubber-related auto parts too have seen a recovery in both production and shipment numbers. Looking at Japan’s automotive production figures from last year, it is apparent that production volume started to fall by double digits year-on-year in April 2020, marking a trend that then continued for some time. Following...

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Bridgestone Readies Domestic Production Base Shakeup for Diversified Products Business

Bridgestone Corp. (TYO:5108) has announced plans to restructure production activities at its Iwata Plant, one of several Diversified Products plants the company has in Japan. Coming as part of the global expense and cost structure review established under Bridgestone’s 2021–2023 medium-term management plan, this initiative will see production of precision components for office equipment relocated from the Iwata Plant to...

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Bridgestone Looks to Close Bethune Plant in France

Bridgestone Europe NV/SA has started discussions with stakeholders with the aim of closing its Bethune plant in France. The plant is currently used to manufacture passenger car tires. This comes as the Bethune plant finds itself in an increasingly difficult competitive environment. Business profitability in the European passenger car tire market has fallen in recent years; then there is the...

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Mitsui Chemicals, Prime Polymer Open Their First PP Compounding Plant in Europe

Mitsui Chemicals Inc. (TYO:4183) and Prime Polymer Co. Ltd. announced on June 11 that they have begun business operations at Mitsui Prime Advanced Composites Europe BV (ACE), a joint venture that also includes Mitsui & Co. Ltd. (TYO:8031). Located within Chemelot Industrial Park in the Netherlands, ACE is the Mitsui Chemicals Group’s first polypropylene (PP) compounding plant in Europe. The...

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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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