Sumitomo Riko has joined on July 25 the Global Platform for Sustainable Natural Rubber (GPSNR). This comes as the company believes that it is necessary to endorse and join the GPSNR policy to ensure the traceability and sustainability of the procurement of natural rubber. GPSNR is an international platform established in October 2018 with the participation of tire manufacturers, automakers,...
Chemicals company Mitsui Chemicals this month launches technical due diligence services aimed mainly at distributed solar power generation companies that are operating or planning to operate at multiple solar power generation sites. The company has started its solar power generation diagnostic business in 2014. The new service is part of an online diagnostic service it has been developing since August...
Automobile transmission belt manufacturer Mitsuboshi Belting has switched the energy used at its Kobe Works and Shikoku Plant to alternative sources that can contribute to reducing carbon emissions. The move follows the installation of solar systems on the roofs of the Kobe Works’ Central Plant’s third and fourth buildings in November 2021 and is part of the company’s efforts to...
Bridgestone supports the efforts of Japan University of Economics to accept displaced students and international students from Ukraine, and has decided to provide internships and plant tours for those accepted by the university. The internship period will run from August 29 to September 9 and from January 26 to March 20, for a total of 14 students. In addition, the...
Bridgestone will increase production capacity at Bridgestone NCR (BSNCR) in Thailand, a global supply base for hydraulic hoses. The total investment will be around 4.9 billion yen ($36.3 million). Capacity will be gradually built up starting in the second quarter of 2025, with global production capacity to be increased by approximately 30 percent from the current level by the first...
This article follows part 1 in a series of 2 on a Japan Rubber Industry survey conducted in July of the rubber and plastic product manufacturing industry regarding business conditions and outlook conducted. In the “Fiscal 2022 Earnings Forecast (Plan),” sales continue to recover, but the outlook for ordinary income is divided. The largest share of companies expect “single-digit increase”...
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