The impact of China’s overproduction, which has become a global problem for steel and commodity resins, is spreading to synthetic rubber as well. First in line are commodity synthetic rubber products for tires, but will it spread to other types of products as well? On October 25, Ube announced that it has resolved to dissolve its equity method affiliate Lotte...
Bridgestone’s in-house venture Soft Robotics Ventures and the unisex fashion brand Crafsto have announced the launch of a triangle bag, a collaboration between the two companies. The bag’s handles are upcycled rubber actuators from Soft Robotics Ventures’ soft robotic hand Tetote. This is the first upcycling of the rubber actuators. Crafsto is a fashion brand operated by Heritage. The brand...
Rubber sheet manufacturers are expected to change their pricing strategies. Until recently, they were prone to price wars due to mutual restraint, but from now on, they are expected not hesitate to revise their prices every year. The reason for this is the rapid rise in labor and other costs. Since these increases are expected to continue in the future,...
Nitta’s sales of plastic belts in the first half of the fiscal year ending March 31, 2025 (April-September) are expected to increase in the high single digits year-on-year, largely in line with plans. Sales in the food field have been the strongest, with growth in sales to convenience stores for onigiri rice balls, prepared foods, and other snack foods, as...
Demand for plastic belts remains strong. Although demand from the logistics industry due to the booming online shopping business has slowed down, both production volume and shipment value have been higher than the previous year, supported by stable demand from the food industry. In the future, demand for logistics is expected to pick up again due to the construction of...
Bridgestone has been ranked first for the third consecutive year in the Automobile, Auto Parts, and Tire category of the Securities Analysts Association of Japan’s Awards for Excellence in Corporate Disclosure for fiscal 2024. The awards have been held annually since fiscal 1995 with the aim of improving corporate disclosure, and this year marks the 30th award. The disclosure study...
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