The Japanese Rubber Workers Union Confederation (JRC), an organization of labor unions in rubber companies, has submitted its demands for the improvement of living standards for the spring season of 2023. As of March 8, 50 unions had submitted their demands, according to a survey conducted by JRC. According to the survey, 39 unions submitted an average wage increase (weighted...
Yokohama Rubber said it will sign a partnership agreement with swimmer Rikako Ikee to work with the company. At the announcement held on March 6, President Masataka Yamaishi said, “Our company has entered into a partnership agreement with Rikako Ikee effective April 1. I believe that many people in Japan were encouraged by the way she never gave up and...
According to the Feb. 14 report on rubber product production and shipments published by the Ministry of Economy, Trade and Industry (METI), the total value of rubber product shipments in 2022 (January-December) was 2.3 trillion yen ($22.72 billion), up 5.1% from the previous year, marking the second consecutive year of year-on-year growth. By product category, the value of rubber products...
The four main tire manufacturers based in Japan have now all announced their results for calendar 2022. With sales volume on the rise, a weak yen, and a spate of price hikes made in response to surging raw material costs and other costs, all four of these companies saw their revenue increase for the year. However, they were split with...
Sumitomo Riko has joined the Culnet Consortium, an open innovation platform for cellular agriculture presided over by Integriculture. With the world population expected to reach 10 billion by the 2050s and concerns over food shortages due to depletion of energy, feed, land, and water, cellular agriculture to produce cultured meat is attracting attention as one alternative protein source. Integriculture is...
Mitsubishi Chemical and Mitsui Chemicals have launched a joint study with the aim of standardizing and optimizing chemical logistics, which serve as a backbone for both society and industry. Over time, the companies intend to launch various efforts in a number of relevant areas, with those that can be quickly put in place set to be implemented starting this fiscal...
