Light-duty resin conveyor belts are trending well at present in terms of both production and shipment, due to robust sales in Japan’s food industry. Offering the largest demand among all sectors for such belts, the food industry provides stability now and prospectively moving forward in this regard. As such, it is drawing the attention of belt manufacturers across the board,...
Industry
Nikka Shoko to Recycle Rubber into Civil Engineering Materials
Nikka Shoko (Japan) Co. Ltd. will establish a new recycling and engineering affiliate in early fall to recycle rubber products into civil engineering materials. The products to be recycled include rubber, silicone oil, carpet tiles, turf-protection mats and chipped rubber originally made by Nikka Shoko, a trading firm that has been supplying manufacturers in the Tokyo area with rubber sheet...
Brexit: Japanese Rubber Companies Take Wait-and-see Approach, But Strong Yen a Source of Concern
With many Japanese rubber companies having bases in the U.K., its recent referendum result to leave the EU will likely have an impact on the Japanese rubber industry. Recent interviews by the Japan Rubber Weekly revealed that, although Japanese rubber companies are worried about Brexit’s negative effects, most will wait and see before deciding what measures to take. News of...
Bridgestone and Others Brace for Post-Brexit Changes
With Britain’s referendum vote to depart from the EU, a number of Japan’s tire manufacturers have now been left to speculate as to what the exact fallout will be. Of Japan’s four tire manufacturers, Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105) have sales locations in Britain. Asked what the aftereffects of Brexit will...
Toyo Tires Signs Platinum Sponsorship Contract With J League’s Gamba Osaka
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has signed on to become a Platinum Partner for Japanese professional soccer J1 League team Gamba Osaka. The contract embodies a relationship of total sponsorship support for Gamba Osaka. Toyo Tires began a new brand revitalization effort last year under the catchphrase “Surprising the World.” The team’s continual striving for excellence under a challenging...
Denka Continues Market Development in China Despite Unresolved Anti-dumping Duty
China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...