Toyoda Gosei will accelerate the development of digital talent to respond to changes in the automotive industry environment and achieve sustainable growth in the future. The company has established a target to increase the number of standard-level digital talent, the core of its operations, to 270 by 2025 and 400 by 2030. In addition to recruiting digital talent from outside...
Yokohama Rubber and subsidiary Yokohama Rubber Singapore held a Suppliers’ Day event this past May, looking here to interact with natural rubber suppliers and reach a unified stance on various issues as Yokohama Rubber pursues the sustainable procurement of natural rubber. This marks the third time the company has held such an event, with previous Suppliers’ Days having been organized...
Tosoh will raise the price of all diphenylmethane diisocyanate (MDI) products, a raw material for polyurethane, by more than 50 yen ($0.36) per kilogram beginning with shipments on August 1. The company said that prices of key raw materials for MDI products continue to rise, as well as utility and logistics costs. Under these circumstances, it has come to the...
Ube said that it will raise prices for its polyamide 66 and polyamide 12 resin products, effective for shipments from August 1. Prices will increase by 60 yen ($0.43) per kilogram for polyamide 66 and 140 yen per kilogram for polyamide 12. Polyamide 66 is mainly used for automotive parts, while polyamide 12 sees application in automotive and machine parts....
Shikoku Chemicals is set to build new facilities for insoluble sulfur at its Marugame Plant in Marugame, Kagawa. Construction here is scheduled to span April 2023 – October 2024, after which the new facilities will begin production in December 2024. Coming at a total investment of 4.5 billion yen ($32.8 million), the new facilities are set to boost Shikoku’s production...
Mitsui Chemicals’ ethylene-propylene rubber (EPDM) plant operations remained at a high level in fiscal 2021. In the first half of the year, from April to September, the supply-demand situation remained tight. Sales remained steady, however, in the second half from October to March, despite being affected to a small extent by the shortage of semiconductors and reduced car production. The...
