Toyota Group company Toyoda Gosei Co. Ltd. (TYO:7282) has received an award as part of the fiscal 2021 Energy Conservation Grand Prize, which is organized by the Energy Conservation Center, Japan (ECCJ). Recognized here for its efforts to reach medium-term carbon neutrality targets, Toyoda Gosei has received the Prize of Director General of Agency for Natural Resources and Energy, part...
Bridgestone Corp. (TYO:5108) has joined with oil refinery and petroleum product seller Eneos Corp. for a new project. The agreement here will see these companies target social implementation for chemical recycling technologies that enable the precise pyrolysis of used tires, which would then contribute to the sustainability visions of both companies. Specifically, Bridgestone’s vision is to continue providing social value...
Yokohama Rubber Co. Ltd. (TYO:5101) has seen its Hiratsuka Factory receive an annual award made to recognize business operators that display excellent energy management. The award here was given on Feb. 3 by the Kanto Bureau of Economy, Trade and Industry, which is part of Japan’s Ministry of Economy, Trade and Industry (METI). It is the first time that the...
Japan’s major tire manufacturers have now all released their business results for calendar 2021 – showing a significant recovery compared to 2020, when COVID-related production restrictions and other such factors caused business to slump significantly. For 2022, however, these companies are expecting a rough year, with projections that the surging costs of raw materials and marine freight will make for...
Yokohama Rubber Co. Ltd. (TYO:5101) has announced that it declared its support last month of recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). In supporting the TCFD recommendations, the Yokohama Rubber Group will proactively disclose information about its efforts to address climate change. The group sees these efforts as being a high-priority initiative within its broader push to...
Japan’s Carbon Black Association has released a forecast of the country’s carbon black demand for 2022, including exports. This points to total demand in the market increasing 6.4 percent year-on-year to 757,840 tons. Looking at carbon black demand for rubber applications specifically, the Carbon Black Association has projected demand growth of 6.8 percent year-on-year to 667,486 tons, including exports. This...
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