According to data on individual company performance concerning industrial rubber products, from 2014 to 2015 Tokyo-based Bridgestone Diversified Products Japan Co. Ltd. posted net sales of approximately 85.3 billion yen ($780.92 million), the highest in Japan. The company was formed on January 1, 2015, when Bridgestone Diversified Products East Co. Ltd. and Bridgestone Diversified Products West Co. Ltd. merged to...
The downturn in Japan’s automotive industry has had widespread impact among related manufacturing industries. The rubber manufacturing industry, centering on automotive tires, is also greatly influenced by strong or weak performance in the automobile manufacturing industry. However, a look at business performance by wholesalers of industrial rubber products across Japan from 2014 through 2015 shows that aggregate total sales by...
JSR BST Elastomer Co. Ltd. (JBE) plans to begin commercial operations of its phase-two plant in the second half of current fiscal year (April-October 2016). JBE, a joint venture between JSR Corp. (TYO:4185) and Thailand’s Bangkok Synthetics Co. Ltd., manufactures solution styrene butadiene rubber (S-SBR) in Thailand. The new facility is located adjacent to the phase-one plant. Its annual production...
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...
Marugo Rubber Industries Ltd., based in Kurashiki, Okayama, plans to establish a production base for automobile rubber parts in Thailand. It has also inked a technical assistance agreement with a rubber component manufacturer in the Philippines. Those moves are part of Marugo’s strategy to strengthen its production and supply capability in the growing ASEAN region. Marugo has established a sales...
Togawa Rubber Co. Ltd. will revise pricing for its natural rubber sheets from January 1, 2016. The lines that will be affected are the thicker versions of the general-purpose natural rubber sheets, for which current prices will increase by 15–20 percent. Although the cost of primary materials is relatively stable, manufacturing facilities differ with respect to the thickness of the rubber...
