The Ministry of Economy, Trade and Industry (METI) has announced that the total sales value of rubber products for January-June totaled 1.256 trillion yen ($8.53 billion), up 12.0% from the same period last year. The situation, however, was somewhat mixed by product, and the increase was not overwhelming. In addition, price hikes led to a divergence in sales value from...
Industry
Yokohama Rubber Holds Seminar for Natural Rubber Farmers in Thailand
Yokohama Rubber and the Surat Thani Branch of the Rubber Authority of Thailand (RAOT) in June held a seminar for natural rubber farmers in Thailand to improve the quality and productivity of natural rubber. The event was attended by 50 farmers in Surat Thani district. It was well received by the participants, who were provided with 250 kilograms of fertilizer...
Japan’s Four Major Tire Makers Achieve Record First-Half Results
The four major Japanese tire makers have reported their first-half (January-June) results for the fiscal year ending December 31, 2023. All four companies achieved record-high sales, driven by a weak yen and a recovery in sales of tires for new vehicles. Moreover, Bridgestone, Sumitomo Rubber and Toyo Tires secured higher operating income (adjusted operating income for Bridgestone, and operating income...
Totaku Industries to Use 100% Renewable Energy for Purchased Electricity at All Plants
The Nagase Group, of which plastic hose and pipe manufacturer Totaku Industries is a member, has set the resolution of social and environmental issues and globalization as a key issue, and as a specific goal to address climate change, aims to reduce CO2 emissions by 37% from the 2013 level by 2025 and achieve carbon neutrality by 2050. As part...
FCJ, Manufacturers Appeal for Amendment of Draft PFAS Regulation in Europe
Comments to proposed regulations for fluorinated compounds (PFAS), including fluoroelastomers and fluoropolymers, have been submitted to the European Chemicals Agency (ECHA). If the law is enacted as proposed, PFAS use will be banned after a grace period, which will have a significant impact on a wide range of fields that use fluorine rubber and fluorine resin, including automobiles, semiconductors, medical...
Toyoda Gosei Strengthens Alliance with Ashimori Industries
Toyoda Gosei has signed a basic agreement with Ashimori Industries and its largest shareholder, Japan Wool Textile, respectively, to strengthen their capital and business alliance in the safety systems business. Safety system products such as airbags, seatbelts, and steering wheels are required to evolve in function and performance with the spread of electric vehicles and automated driving technology. In addition,...