Achilles Corp. (TYO:5142) recently announced that a conductive surface material it offers has been picked up by Toyota Motor Corp. (TYO:7203) for use in a special-edition Toyota Corolla launched last November. By incorporating the conductive surface material into the driver’s seat, static electricity built up in the driver and their surroundings can be dispersed throughout their entire body, reducing electric...
Industry
Tire Manufactures With Russian Subsidiaries Look to Evacuate Locally Stationed Employees
Japan’s Ministry of Foreign Affairs raised its risk level for Russia – including Moscow – to Level 3 on March 7, constituting a recommendation to stop travel to the country. And against this backdrop, tire manufacturers with local subsidiaries in Russia are now pursuing measures such as pulling locally stationed employees out of the country. Bridgestone is approving special temporary...
Russia’s Invasion of Ukraine Sparks Concern Over Potential Impact on Rubber Industry
There are concerns that Russia’s invasion of Ukraine could impact the business operations of tire-focused rubber companies. There are two Japanese tire manufacturers who have production bases in Russia: Bridgestone Corp. (TYO:5108) and Yokohama Rubber Co. Ltd. (TYO:5101). Both of these bases operate on a local-production-for-local-consumption approach, focusing on domestic Russian demand. More broadly, tires make up the bulk of...
Sumitomo Chemical, Microwave Chemical Set to Jointly Develop Process for Hydrogen Production
Sumitomo Chemical Co. Ltd. (TYO:4005) and Microwave Chemical Co. Ltd. have launched a project for the joint development of a process that produces hydrogen by pyrolyzing methane through the use of microwaves. Aims here are to begin commercial production in the early 2030s, with sights set on a production capacity of tens of thousands of tons per year. Aims through...
Dow Chemical Japan Runs Online Program to Educate About Plastics, Circular Economy
Dow Chemical Japan Ltd. has worked with BirdLife International Tokyo to run an environmental education program focused on the issue of ocean plastic waste. Dow Chemical Japan and BirdLife have been working together since 2019 to provide environmental education programs at primary schools. Conducting face-to-face lessons proved difficult this year due to COVID-19; but despite this, the pair kept on...
Mitsui Chemicals Launches Pilot Project Targeting Commercial Use of Ammonia Fuel at Naphtha Crackers
Mitsui Chemicals Inc. (TYO:4183) has joined with three other companies to launch a joint pilot project funded by the New Energy and Industrial Technology Development Organization (NEDO). This follows the companies having applied for Green Innovation Fund support under the “Development of Technology for Producing Raw Materials for Plastics Using CO2 and Other Sources” initiative, with a particular focus here...