Japan has seen strong performance in rubber production and revenue over the first three quarters of calendar 2018, according to figures from the Ministry of Economy, Trade and Industry (METI). Shipments over the period generated approximately 1.71 trillion yen ($15.14 billion) in total revenue, METI found – marking an increase of 4.8 percent over the same period last year. Looking...
Kyokuto Sangyo Co. Ltd., a major producer of rubber and resin linings, has worked with semi-major general contractor Hazama Ando Corp. (TYO:1719) to develop a paint that uses low-energy neutrons to suppress radioactivation. The new paint utilizes a hydrogen component that it contains to slow down neutrons, then sees these neutrons absorbed by a boron compound to suppress radioactivation. Tests...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it is participating in the Global Platform for Sustainable Natural Rubber (GPSNR) as a founding member. At the same time, the company revealed that it has formulated its own Sustainable Natural Rubber Policy to use throughout its group – this being aimed at ensuring the sustainability of natural rubber as a resource...
Denka Co. Ltd. (TYO:4061) and Mitsubishi Materials Corp. (TYO:5711) have reached an agreement to co-develop new ceramic substrates, targeting these toward power modules in the motors of EVs and other such environmentally friendly vehicles. Following development, the companies plan to pursue efforts aimed at full-scale mass production. With the surging need for automotive electrification in recent years, there has been...
Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it intends to invest in Hubei Rock Rubber and Seal Technology Co. Ltd., an independent weatherstrip supplier located in central China. The move represents an effort by Toyoda Gosei to bolster its Chinese business for auto parts. In carrying out the investment, Toyoda Gosei will use its Chinese regional headquarters to acquire...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has agreed to enter into a new capital partnership with Mitsubishi Corp. As part of this, Mitsubishi will be issued new Toyo Tires shares through a third-party allotment, bringing its current 3.05 percent stake in the company up to 20 percent and making it the top shareholder. Mitsubishi will achieve this by investing...
