The Japan Belting Industry Association has released its demand forecasts for rubber and plastic belts for the years 2024 and 2025. According to the report, rubber belt production in 2024 is expected to be 17,651 tons, down 9% from the previous year, and rubber belt demand in 2025 is forecast to be 17,402 tons, down 1% from the previous year....
Eneos Materials will make Eneos MOL Synthetic Rubber (EMSR), a Hungarian consolidated subsidiary that manufactures and sells solution-polymerized styrene-butadiene rubber (SSBR), into its wholly owned subsidiary by acquiring all shares held by the MOL Group (MOL). MOL, as a shareholder of EMSR, has been primarily responsible for supplying raw materials, utilities and various services to EMSR. The companies have agreed...
The Japan Automobile Tire Manufacturers Association (JATMA) has announced its forecast for Japanese domestic demand for automobile tires in 2024 and 2025. According to the report, total demand in 2024 is expected to be 102,768,000 tires, down 4% from 2023, as demand for all tire types for new vehicles, replacement tires, and motorcycles are seen to be lower than in...
Takashi Shimizu, President & CEO of Toyo Tires, recently spoke at a year end press conference. “Looking back on 2024, we need to maintain a strong awareness of our origins, continue to reform, and make full use of the flexibility and suppleness that are characteristic of our company. For 2025, we will strive to return to the basics, and strengthen...
Yokohama Rubber MB Japan, a Japanese domestic industrial products sales company of Yokohama Rubber, has released a product with excellent flame retardant and oil resistance from its original brand Criterion steep inclined conveyor belt series Z (Zeta). This product is a conveyor belt that combines a special shape that enables conveyance at steep inclines and vertical conveyance, which is impossible...
Belt, hose and tube maker Nitta has established a new company, Wakutto Nitta Corporation, to plan, propose, and operate a new business utilizing the natural resources of Hokkaido, and will start selling “domestic maple syrup” next spring, taking advantage of the company’s forest holdings. The company owns a vast forest of approximately 6,700 hectares in the Tokachi region of Hokkaido....
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