Industry

Nitta Wins Award From SAMPE Japan for Innovative Compounding Technology

Nitta Corp. (TYO:5186) has received a product and technology award for its Namd project as part of the 2020 SAMPE Awards from SAMPE Japan, the Japanese arm of the Society for the Advancement of Material and Process Engineering (SAMPE) Based in the U.S., SAMPE focuses primarily on technologies relating to materials, their processing and their application, aiming here to contribute...

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Tokai Carbon Subsidiary to Receive French Government Grant as Part of National Recovery Plan

Tokai Cobex Savoie SAS, a French subsidiary of carbon black manufacturer Tokai Carbon Co. Ltd. (TYO:5301), has been selected to receive a grant from the French government as part of its national recovery and resilience plan (NRRP). As part of the NRRP – an initiative designed to help France recover from the impact of COVID-19 – the French government issued...

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Toyoda Gosei Invests in Thermoelectric Power Startup

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced its investment last month in E-ThermoGentek Co. Ltd., a startup with proprietary technology for thermoelectric power generation. With the aim of achieving carbon neutrality by 2050, Toyoda Gosei is striving to adopt the latest energy-saving equipment and machinery, as well as ramp up its use of renewable energy. And as part of this,...

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Rubber Auto Parts Trend Toward Recovery, But Face Murky Waters Ahead

With automotive production bouncing back from the lows brought by COVID-19, rubber-related auto parts too have seen a recovery in both production and shipment numbers. Looking at Japan’s automotive production figures from last year, it is apparent that production volume started to fall by double digits year-on-year in April 2020, marking a trend that then continued for some time. Following...

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Bridgestone Moves to Expand EV Charging Infrastructure in Europe

Bridgestone Corp. (TYO:5108) recently announced that subsidiary Bridgestone EMIA has formed a long-term partnership with electric vehicle (EV) charging solutions company EVBox Group and its partner TSG Group. The companies will work to expand Europe’s EV charging infrastructure by utilizing the Bridgestone Group’s retail and service network. Established in 2010, EVBox is a leading provider of EV charging solutions, with...

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Bridgestone Tops Ordinary Profit Ranking in Japan’s Rubber Sector

Japan Rubber Weekly has conducted a study into the fiscal 2020 business results of 135 rubber-related manufacturing companies in Japan, allowing it to then rank these companies by their ordinary profit. Under the ranking, the top 96 companies had a combined ordinary profit of 274.19 billion yen ($2.51 billion) for fiscal 2020, while those 97th and below were not included...

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