Denka has decided to conduct joint research with Transform Materials (TM), an American venture company, and to introduce facilities developed by TM for the purpose of establishing technology to realize low-carbon production of acetylene. The companies held a signing ceremony on May 23. Under its eight-year management plan Mission 2030, which started in fiscal 2023, Denka aims to achieve 100%...
Industry
Mitsui Chemicals and CrowdChem Use AI to Search for New Materials
Mitsui Chemicals and CrowdChem have jointly developed a technology that can consistently perform everything from the extraction of technological information that will be useful in the future to the search for new materials, utilizing AI technology. This will make it possible to improve the efficiency of new material search using natural language processing. Furthermore, by combining past achievements with generative...
Bridgestone Selected as Digital Transformation Stock 2023 by METI, TSE and IPA
Bridgestone has been selected for the fourth consecutive year as “Digital Transformation Stock (DX Brand)”, an initiative by the Ministry of Economy, Trade and Industry (METI), the Tokyo Stock Exchange, and the Information-technology Promotion Agency, Japan (IPA). DX Stocks are companies listed on the Tokyo Stock Exchange that are engaged in Digital Transformation (DX), a process of drastically transforming their...
Yokohama Rubber’s Magokoro Fund Donates to Japan Hair Donation & Charity
In April, Yokohama Rubber and the Yokohama Magokoro Fund, a social contribution fund created by Yokohama Rubber employees, donated a total of 900,000 yen ($6,430) to Japan Hair Donation & Charity (JHD&C) to support its activities. This is the third donation to JHD&C since last year. JHD&C was established in September 2009 as Japan’s first organization specializing in hair donation...
Bridgestone and Kyushu University Partner up to Resolve Apparent and Latent Issues
Bridgestone and Kyushu University signed an organization-responsive collaboration in March and will begin a comprehensive collaboration aimed at solving apparent and latent issues. Both parties have been engaged in advanced joint research on rubber materials for tires, and are now partnering up to implement comprehensive initiatives including joint research and human resource development. They will work together to realize the...
Report: Rubber Companies’ Business Results for Fiscal 2023
The business results for the fiscal year ended March 31, 2023, for rubber and resin-related companies are now available, and among the 31 companies, 14 companies, or nearly half, achieved a record high in either net sales, operating income, ordinary income, or net income. It can be said that many of the companies posted solid performance growth, but automobile production,...