Sumitomo Riko Co. Ltd. (TYO:5191) has set up the tentatively named New Automobile Product Development Laboratory at its plant in Komaki, Aichi Prefecture. The company is positioning the Laboratory as a major part of its management vision for 2020. The Laboratory will work with automakers to apply Sumitomo Riko’s “Smart Rubber” in developing new technologies. One such technology will check…
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