The business results for the fiscal year ended March 31, 2023, for rubber and resin-related companies are now available, and among the 31 companies, 14 companies, or nearly half, achieved a record high in either net sales, operating income, ordinary income, or net income. It can be said that many of the companies posted solid performance growth, but automobile production,...
Shipment volume of rubber sheets (plates) may be showing signs of recovery: after falling 10.2% year-on-year in 2022 according to data compiled by the Japan Rubber Manufacturers Association, shipments turned positive in the January-March period of 2023, rising 1.6% year-on-year to 4,242 tons. Although automobile production did not fully recover in 2022 and was affected by inventory adjustments of parts,...
Last year, the production of rubber chemicals and materials was sluggish due to the automobile production cutbacks caused by the shortage of semiconductors and the difficulty in obtaining various raw materials from overseas and their rising prices, especially since the second half of the year, resulting in a downward trend in rubber chemicals and materials. Typical products of these rubber...
Yokohama Rubber, in cooperation with Kanagawa Chuo Kotsu (Kanagawa Central Transportation Company), began a demonstration test of its tire pressure sensor and tire air pressure remote access system (TPRS) on EV buses in March. The experiment uses EV buses operated by Kanagawa Chuo Kotsu in Hiratsuka City. Yokohama Rubber offers tire solution services for transportation companies, including the HiTES tire...
Cabot Corporation has acquired a solar power generation facility from Shoko Tsusho. The plant will generate up to 3,500 megawatt hours (MWh) annually, which is equivalent to powering more than 700 average Japanese homes for a year. Located adjacent to Cabot’s carbon black manufacturing facility in Chiba Prefecture, the acquisition increases Cabot’s ability to sell and supply renewable energy from...
As a result of the bidding by the FIA (Fédération Internationale de l’Automobile) and ACO (Automobile Club de l’Ouest de France) among the members of the FIA World Motor Sport Council in December 2022, Goodyear has been selected to be the sole supplier of tires for the WEC (FIA World Endurance Championship) and ELMS (European Le Mans Series) LMGT3 categories...
