vietnam

Bando Chemical Sets Sights on Winning Top Share for Belt Business in Asia

Bando Chemical Industries Ltd. (TYO:5195), a manufacturer of automotive rubber components and belts, is focusing on Asia as part of its current medium- to long-term management plan, which it has been following since fiscal 2013. With one of this plan’s guidelines targeting the “evolution of global market strategy,” the company has set Asia as a high-priority region, and aims for...

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Nichirin Prepares for Auto Industry’s Shift to Electric Vehicles

Nichirin Co. Ltd. (TYO:5184), a manufacturer specializing in automotive hoses, has set up a production technology center within the company’s Himeji Factory. In a recent interview with Japan Rubber Weekly, Nichirin President Ryuichi Maeda said that the company will use the center to tackle innovative manufacturing and develop new production methods. In addition, he said, Nichirin will focus on bolstering...

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Bando President Talks Current State of Business, Eyes Productivity Increases

Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...

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Bando Chemical to Build New Transmission Belt Factory in Vietnam

Bando Chemical Industries Ltd. (TYO:5195) will build a new factory at its current site in Vietnam. With an investment of 400 million ($3.7 million), operations are scheduled to begin in the second half of 2017. The new factory is set to be built after acquiring land-use rights in Than Long Industrial Park II in Hung Yen Province by Bando Manufacturing...

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Bando Plans to Strengthen Position in Asian Market for Power Transmission Belts

Bando Chemical Industries Ltd. (TYO:5195), a major manufacturer of power transmission belts and conveyor belts, is looking to increase its sales of power transmission belts in the Chinese market and the Asian market overall. The company plans to increase its sales in the Chinese market through the end of the 2016 fiscal year to 11.8 billion yen ($107.6 million) from...

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VRG Japan to Sell Vietnamese Military-made Natural Rubber to Japanese Tire Makers

VRG Japan Rubber Export JSC is progressing in preparations to sell natural rubber that is manufactured by the Vietnamese military to Japanese tire manufacturers. The rubber to be sold is SVR10, which is used in tires, and SVR5S, which has half the odor that is characteristic of rubber. Tire manufacturers are currently running performance evaluation tests and are interested in...

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