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 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 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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Fujikura Rubber Ltd. (TYO:5121) is expanding the second plant of its Vietnamese subsidiary, Fujikura Composites Haiphong Inc. The company intends to raise the production capacity at the subsidiary in anticipation of further increasing demand for industrial materials with the growth of ASEAN economies. It is envisioned spending $6.4 million on an expansion plan that will allow sales to increase by...
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