USA

Dow Starts Operations at New MDI Distillation and Prepolymer Facility

Dow began operations at a new MDI distillation and prepolymer facility at Dow’s global manufacturing site in Freeport, Texas. The investment will optimize the company’s existing asset infrastructure and strengthen Dow’s position in high-growth applications in the automotive, construction, consumer, and industrial markets. The new MDI facility in Freeport will replace existing North American production capacity in Laporte, Texas, and...

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Toyo Tires to Dissolve American Auto Parts Production Subsidiary

Toyo Tires will on October 31 terminate production in Kentucky at Toyo Automotive Parts (TAP), a U.S. production subsidiary that manufactures anti-vibration rubber and constant velocity joint boots for automobiles. Dissolving TAP is intended to optimize management resources and strengthen the structure of the automotive parts business. TAP has been supplying anti-vibration rubber and other products to automakers in the...

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Ube Restructures Affiliated Companies in Europe, Asia, and the United States

With a view to further expanding its chemical business in the U.S., chemical manufacturer Ube has reorganized its chemical business affiliates there and established a new subsidiary to serve as a control company, Ube Corporation America. Under its medium-term management plan, “Ube Vision 2030 Transformation – 1st Stage,” the company has set “pursuit of global profit growth centered on specialty...

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Eying Innovative Lithium-Ion Battery Manufacturing Process, Zeon Invests in U.S. Startup AMB

Zeon’s investment subsidiary Zeon Ventures has invested in AM Batteries (AMB), a U.S. startup developing an innovative electrode manufacturing process for lithium-ion batteries. In parallel with this investment, Zeon will work closely with AMB to support the commercialization of AMB’s solutions. AMB has developed electrostatic spray technology used in the manufacture of electrodes for lithium-ion batteries, which enables the manufacture...

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Bridgestone to Ramp up Retread Business With US Plant Expansion

Bridgestone Americas, a group company of Bridgestone, is set to bolster its production capacity at a truck and bus part manufacturing plant in Abilene, Texas, U.S. The move comes as part of a plan to further ramp up the company’s retread business. Investment here is set to come to $60 million, with the production space expansion and the addition of...

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Soichi Inoue

Interview: Inoac CEO Soichi Inoue Highlights Global Expansion

Inoac Corp. CEO Soichi Inoue recently sat down for an exclusive interview with Japan Rubber Weekly. The 87-year-old Inoue discussed the global expansion of the Nagoya-based company, a Japanese leader in rubber and resin-related products. With Inoac having overseas subsidiaries in some 80 locations across 13 countries, the company is expanding its business in the global market, Inoue said. The...

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