rubber hose

Sumitomo Riko CEO Nishimura Comments on Recent Developments

Yoshiaki Nishimura, Chairman of the Board and CEO of Sumitomo Riko Co. Ltd. (TYO:5191), recently commented on the current state of the company’s business growth and transformation into a global firm. In 2013, Sumitomo Riko carried out four M&A deals, giving the company the largest share in the global market for automotive anti-vibration rubber. That share is projected to be...

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Totaku Industries to Build New Factory in Japan

Major resin hose and pipe maker Totaku Industries Inc. plans to build a new factory in Oyama, Tochigi prefecture as it moves to strengthen its production and sales effort in the eastern Japan region. Slated to begin by late 2017, construction of the new factory will be located in Oyama’s No. 4 Industrial Zone. The facility, with 14,000 square meters...

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JHCA: Hose Assembly Sales Down 5% in 2015

The total value of hose assembly sales during 2015 was 62.562 billion yen, 5 percent less than the previous year, representing a turn to negative territory after an annual increase in 2014, according to the Japan Hose Coupling Association (JHCA). For December alone, overall sales were down more than 10 percent from December of the previous year.

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JRMA Forecast: Rubber Consumption to See Increase—First Bounce in 5 Years

Rubber consumption will see its first annual increase in five years, according to a forecast by the Japan Rubber Manufacturers Association (JRMA). The combined total consumption volume of natural and synthetic rubber in 2016 is expected to amount to 1.3414 million tons, up 0.8 percent from the previous year. See a breakdown of the figures by major product category below.

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Sumitomo Riko Enters Europe’s High-Pressure Hose Market

Sumitomo Riko Co. Ltd. has concluded an exclusive distributor agreement with Hydroscand AB, a Swedish seller of high-pressure hoses based in Stockholm. The move will enable Sumitomo Riko to expand sales of high-pressure hoses in 43 countries in Europe and elsewhere. This marks the company's first full entry into the industrial hose business's European market.

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