rubber belts

Rubber Goods Production for August Shows Upward Momentum

Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...

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Mitsuboshi Belting Expands Into Metal Automotive Parts

Rubber transmission belt manufacturer Mitsuboshi Belting Ltd. (TYO:5192) is moving aggressively into the field of metal parts for automobiles. At its recent global distributor meeting held in Kobe, the company has introduced its new product Smastar, a spring-loaded alternator pulley. The pulley’s built-in coil spring allows it to absorb engine rotational fluctuations, helping, the company says, to control belt noise,...

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Rubber Conveyor Belt Sales Down 45% in Big Steel Industry Over January–June

As announced by the Japan Belting Manufacturers Association, sales for rubber and resin conveyor belts over January–June saw a decrease in demand for rubber conveyor belts used in their primary space of big steel. Sales to blast furnace manufacturers were down 1 percent year-on-year. Meanwhile, sales to companies involved in big steel were down 45 percent, which was the highest...

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Nitta Remains on Track to Achieve Its Mid–Long-term Business Plan, says CEO

Sitting down for an interview recently, Nitta Corp. (TYO:5186) President Motonobu Nitta told Japan Rubber Weekly that the company’s sales and profit figures have mostly developed as planned. Nitta furthermore said that forecasts for the full business year remain unchanged for the major belt, hose and tube manufacturer. On general conditions for the first quarter of fiscal 2016, Nitta said...

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Rubber Belt Production Down 10% for January–June

According to statistics recently collated by the Japan Belting Manufacturers Association, production volume of rubber belts for January–June 2016 has fallen 10 percent year on year, down at 13,201 tons. Shipment value was similarly down, with close to a double-digit fall for an estimated 32 billion yen ($314.015 million). This was influenced by lowered demand domestically and overseas for conveyor...

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Production and Shipments of Rubber Belts and Hoses for May Continue Declining Trend

Rubber belt production for May totaled 2,003 tons in terms of new-rubber volume, down 3.6 percent from the same month of the previous year, while shipments were valued at 5.6 billion yen ($53.01 million), up 0.6 percent from the previous May. It was the 13th consecutive month of decline in production volume and the first year-on-year increase in shipment value...

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