Denka Co. Ltd. (TYO:4061), a manufacturer of products including chloroprene rubber, has recently announced that it will raise its stake in CRK Co. Ltd. from 53 percent to 100 percent. CRK is engaged in the manufacturing, processing and sale of industrial rubber products. The move is intended to strengthen synergies between Denka’s materials development and CRK’s product development, as well...
Industry
China Rubber Conference 2018 Expected to Draw 1,000 Rubber Experts From 20 Countries
The China Rubber Conference this year is set to be held over the four days of March 27–30 at Shangri-La Hotel, Qingdao, located in the eastern province of Shandong. Sponsored by the China Rubber Industry Association (CRIA) since 2006, the conference serves as an annual general meeting concerning the rubber industry, and is the largest such event to cover a...
JRW Survey: Rubber, Resin Manufacturers Expect Positive Results for Fiscal 2017
Japan Rubber Weekly conducted a survey among the country’s rubber and resin product manufacturers midway through December 2017, looking to get their respective takes on the current climate of the rubber industry. Of the 169 companies that received the survey, 119 responded, making for a 70.4 percent response rate. When asked how sales will pan out for fiscal 2017, 44.2...
Strong Demand for Robotics-Related Rubber Products
The robotics industry is booming as manufacturers cut personnel costs and supplement scarce human resources through production line automation and workforce reduction. According to statistics reported by the Japan Robot Association (JARA), 55,998 robotic devices were produced during the July-September quarter, up 44.9 percent from the same quarter of the previous year. Shipment value amounted to 195.95 billion yen ($1.73...
Rubber Seal Maker TPR Set to Acquire Nobukawa
TPR Co. Ltd. (TYO:6463), a producer of piston rings, cylinder liners and other key components for internal combustion engines, recently announced that it will acquire carbon masterbatch maker Nobukawa Co. Ltd. as a wholly owned subsidiary on Dec. 13. The move is part of an overall plan by TPR to diversify its operations by moving into the manufacturing and marketing...
Rubber Associations in Tokyo, Kobe, Kyushu Team up to Grow Business
Associations of medium-sized rubber companies in Tokyo, Kobe and Kyushu recently held a combined forum to explore possibilities for collaboration. These three regions are marked by monuments as the birthplace of Japan’s rubber industry, the history of which is built on the backs of local industry in the regions. Members of Tokyo’s Bokuto Rubber Industrial Committee, the Kyushu Rubber Manufacturers...