Zeon Corp. (TYO:4205) has announced support of the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Established in response to requests from G20 finance ministers and central bank governors, the TCFD operates as an organization under the Financial Stability Board. Going forward, Zeon will use the TCFD’s recommendations as a basis to analyze the risks and opportunities that...
Bridgestone Corp. (TYO:5180) has announced that Turanza Eco tires featuring the Enliten tire technology will be used as OE for the upcoming Volkswagen Golf 8. Developed by Bridgestone, Enliten technology achieves both superb environmental efficiency and driving performance. Enliten is a fundamental Bridgestone technology that excels at reducing tire weight, cutting down on raw material use and lowering rolling resistance....
The Japan Construction Equipment Manufacturers Association (CEMA) recently announced its construction equipment demand forecasts for fiscal 2020 and fiscal 2021. CEMA has forecasted the total value of domestic shipments for the first half of fiscal 2020 – hit by the spread of COVID-19 – at 431.1 billion yen ($4.07 billion), down 9 percent year-on-year. This figure includes a 15 percent...
Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the...
Sumitomo Riko Co. Ltd. (TYO:5191) recently announced that it has jointly developed a new microfluidic device in conjunction with Lilac Pharma Inc., a pharmaceutical venture from Hokkaido University. Plans are to begin pre-orders this winter for the new device, which is used to manufacture lipid nanoparticles. The microfluidic device consists of two primary components: a microfluidic chip for creating the...
Sumitomo Riko Co. Ltd. (TYO:5191) has decided to transfer all shares in two consolidated French subsidiaries to Anvis Holding SAS, having voted on this at a board of directors meeting on July 31. These subsidiaries are SumiRiko Industry France SAS (SRK-INF), which produces and sells anti-vibration rubber products for railroads, and SumiRiko AVS France SAS (SRK-EPF), which produces and sells...
