Ikuji Ikeda, president and CEO of Sumitomo Rubber Industries Ltd. (TYO:5110), said in a recent interview with the Japan Rubber Weekly that he expects major progress in his company’s global strategy. The dissolution of the alliance agreement with The Goodyear Tire & Rubber Company of the U.S. will free Sumitomo Rubber of constraints in the North American and European markets...
Suzuka Engineering Co. Ltd. (Headquarters: Yokkaichi City, Mie Prefecture) reached a financing agreement last November with Hyakugo Bank Ltd. (TYO:8368) on the basis of an intellectual property business assessment report. Serving a wide spectrum of the rubber industry, Suzuka Engineering independently develops and designs rubber manufacturing processes and, most notably, industrial machinery instruments and systems for kneading operations. On the...
Japan’s largest carbon black manufacturer Tokai Carbon Co. Ltd. (TYO: 5301) reported annual sales of 104.9 billion yen ($921.8 million) for fiscal 2015 (January-December), marking a 9 percent year-on-year decline. Of those, the carbon black (CB) segment accounted for sales of 46.2 billion yen ($406 million), a year-on-year decline of 16 percent. Operating profit declined 50 percent to 1.3 billion...
The Toyohashi production facility of the business unit Rhein Chemie Additives (BU ADD) of Lanxess K.K. announced that as of Nov. 30, 2015 it had reached 7,500 consecutive days without an accident. A ceremony to mark this milestone was held on Jan. 27, 2016. This marks more than 25 years of safe operation since the site went onstream. The Toyohashi...
A mission comprising 13 representatives of the All India Rubber Industries Association (AIRIA; Mohinder Gupta, President) visited Japan February 8 through 13, calling on five Japanese rubber and synthetic rubber manufacturers, as well as raw materials merchants and others. They also made a courtesy call on February 12 to the Japan Rubber Manufacturers Association (JRMA), and were greeted by other...
The efforts of business activities to date are beginning to come to fruition for Toyoda Gosei Co. Ltd. (TYO:7282), Toyota Motor Group’s sole manufacturer of rubber and resin automotive components. Speaking of his ambition in a recent interview, President Naoki Miyazaki said that 2016 is a year in which Toyoda Gosei is looking to make full-scale developments. However, Miyazaki said,...
