Sumitomo Rubber Industries Ltd. (TYO:5110) is playing an active role in the movement of forest development and maintenance as part of its corporate social responsibility activities. On July 2, the company carried out tree-pruning activities at Tamba Romance Forest, located within Tamba Namikimichi Central Park, Sasayama City, Hyogo Prefecture. Primarily focusing on a block of trees planted back in 2013,...
According to data collated by the Synthetic Rubber Industry Association of Japan, synthetic rubber production for April 2016 totaled 125,700 tons, a year-on-year decline of 4.6 percent. It reflects the slump that has occurred with domestic manufacturing of automotive rubber parts and general industrial rubber products. Outside of NBR, which had a 10.3 percent increase in production volume, with 9,398...
Nikka Shoko (Japan) Co. Ltd. will establish a new recycling and engineering affiliate in early fall to recycle rubber products into civil engineering materials. The products to be recycled include rubber, silicone oil, carpet tiles, turf-protection mats and chipped rubber originally made by Nikka Shoko, a trading firm that has been supplying manufacturers in the Tokyo area with rubber sheet...
Tokyo Zairyo Corp., a raw material trading company and a subsidiary of Zeon Corp. (TYO:4205), has announced its annual net revenue for the fiscal year ending March 2016 was 87.924 billion yen ($865 million), down 2 percent year-on-year. Ordinary income was 1.854 billion yen, up 2 percent and net profit was 1.357 billion yen, down 13 percent. Ordinary income rose...
China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
The chloroprene rubber (CR) business of Denka Co. Ltd. (TYO:4061) has increased its revenue since Nov. 1 of last year, when operations started up at U.S. subsidiary Denka Performance Elastomer LLC. Domestically, however, the business has stagnated somewhat, with a decline in CR for vehicle parts due to a downturn in automotive production volume. Denka has also suffered declines in...
