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Asahi Kasei Announces New Medium-Term Management Plan

on April 16, 2025 in Industry, Materials

Asahi Kasei announced the outline of its new medium-term management plan, “Trailblaze Together,” starting this fiscal year. The plan focuses on three core principles: Profit growth through investment outcomes, capital efficiency improvement via structural transformation and productivity gains, and evolution of “Diversity × Specialty.” Performance targets for the final year, fiscal 2027 ending March, are set at an operating profit...

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Osaka Exchange to List Shanghai Natural Rubber Futures

on April 15, 2025 in Industry

The Osaka Exchange (OSE) will list “Shanghai Natural Rubber Futures,” a cash-settled futures contract based on natural rubber (RU) futures listed on the Shanghai Futures Exchange (SHFE), on May 26. This marks the first time a Chinese commodity will be listed on derivative markets in the U.S., Europe, and Asia’s global markets. The listing is expected to boost liquidity for...

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Bando Expands Flat Belt Drive System to Boost Energy Savings

on April 11, 2025 in Industry

Transmission belt manufacturer Bando Chemical is focusing on expanding its environmentally friendly products under its sustainability policy aimed at achieving a sustainable society. One example is the HFD System (Hyper Flat Drive System), a flat belt drive system that contributes to energy savings and CO2 reduction. The HFD System integrates a flat belt, a meander control device, and an auto-tensioner,...

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Nichirin Opens Workshop as R&D Hub for Human-Collaborative Robots

on April 10, 2025 in Industry

Nichirin, a manufacturer of rubber hoses for automobiles and motorcycles, completed the Nichirin Workshop at its Himeji Factory in July 2024. The five-story building, with a total floor area of approximately 3,800 square meters, is equipped with emergency power generation to prepare for large-scale disasters. The Nichirin Workshop aims to serve as a research and development hub for human-collaborative robots,...

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Mitsui Chemicals to Raise Elastomer Prices

on April 9, 2025 in Industry

Mitsui Chemicals announced a price increase of 25 yen ($0.16) or more per kilogram for its elastomer products — Tafmer, Mitsui EPT, and Lucant — effective from deliveries starting May 1. “In recent years, fixed costs such as repair and labor expenses, along with logistics and auxiliary material costs, have been rising,” the company said. “We have reached a point...

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Bridgestone to Reduce Capacity at Two Tire Factories in Spain

on April 9, 2025 in Industry

Bridgestone Hispania Manufacturing said that it will begin discussions with labor unions regarding production capacity reduction and associated collective layoffs at two tire factories in Spain. The affected factories are the Puente San Miguel plant (Cantabria), which produces radial tires for agricultural machinery and trucks and buses, and the Basauri plant (Basque Country), which manufactures radial tires for trucks and...

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