Suzuka Engineering Co. Ltd. (Headquarters: Yokkaichi City, Mie Prefecture) reached a financing agreement last November with Hyakugo Bank Ltd. (TYO:8368) on the basis of an intellectual property business assessment report. Serving a wide spectrum of the rubber industry, Suzuka Engineering independently develops and designs rubber manufacturing processes and, most notably, industrial machinery instruments and systems for kneading operations. On the...
The Japan Automobile Tyre Manufacturers Association (JATMA) announced that automobile tire production volume (in terms of rubber volume) in 2015 (January–December) in Japan was 1.06 million tons. This marks a 6 percent year-on-year decrease and the fourth consecutive year of negative growth. Looking at product category, production volume was down year-on-year across the board. Truck and bus tires decreased by...
Bridgestone has announced the release of the Playz PX-Series, tires that contribute to driving safety by reducing driver fatigue. These tires have a different pattern on the inboard side and outboard side of the tread. By stabilizing contact with the road surface, they reduce the need for the driver to constantly make minor directional adjustments in steering.
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.
The automobile market in Japan is going through a difficult period, said Yujiro Kanahara, president of Nippon Goodyear Ltd., speaking recently to Japan Rubber Weekly. This is particularly true in the tire sector, where Nippon Goodyear faces a number of strong rivals and where market growth is limited, Kanahara said. Still, he believes there are opportunities for growth.
Guangzhou Fengli Tire & Rubber Co. Ltd., southern China's biggest manufacturer of radial tires and owner of Wanli Tire, has decided to enter the Japanese market. This will provide a foothold for its global expansion strategy, thus ensuring a prime base from which to expand elsewhere overseas.