The past year has seen concerns about geopolitical risks come to the fore in striking fashion. This has included Russia’s invasion of Ukraine and China’s lockdown, with both shaking not only the rubber industry but also the global economy in a major way. And the year also brought more specific difficulties for the rubber industry: on top of a slow...
The past year has seen concerns about geopolitical risks come to the fore in striking fashion. This has included Russia’s invasion of Ukraine and China’s lockdown, with both shaking not only the rubber industry but also the global economy in a major way. And the year also brought more specific difficulties for the rubber industry: on top of a slow...
The Japan Automobile Tire Manufacturers Association (JATMA) recently announced its forecast for Japanese demand for automotive tires in 2022 and 2023. According to the report, demand for tires for new vehicles, replacement tires, and tires for motorcycles is expected to exceed that of 2021 in 2022, totaling 181.88 million tires, a 2 percent increase over 2021. Meanwhile, 2023 is expected...
The Japan Rubber Hose Manufacturers Association recently released its demand forecasts for rubber hoses for 2022 and 2023. According to the forecast, production (new rubber consumption) in 2022 is expected to exceed that of 2021 due to continued strong demand for high-pressure hoses throughout the year and a sharp recovery in automotive hoses from the second half of the year....
The Japan Rubber Hose Manufacturers Association recently released its demand forecasts for rubber hoses for 2022 and 2023. According to the forecast, production (new rubber consumption) in 2022 is expected to exceed that of 2021 due to continued strong demand for high-pressure hoses throughout the year and a sharp recovery in automotive hoses from the second half of the year....
Sumitomo Riko has signed a joint development agreement with LanzaTech, a U.S. biotechnology company with carbon capture and conversion technologies, for the transition to a circular economy for rubber, resin, and urethane wastes. Through this initiative, both parties will establish new technologies and accelerate efforts to realize a sustainable society, including carbon neutrality and circular economy. Sumitomo Riko provides a...
