NOK group company Freudenberg NOK has built a new plant for automotive sealing products in Morinda, India, and held an opening ceremony on October 15. The Morinda plant was constructed following the termination of the contract for the Basma plant in the state of Punjab, with a view to increasing production in India, a growing market. As a manufacturing base...
Demand for plastic belts remains strong. Although demand from the logistics industry due to the booming online shopping business has slowed down, both production volume and shipment value have been higher than the previous year, supported by stable demand from the food industry. In the future, demand for logistics is expected to pick up again due to the construction of...
Yokohama Rubber’s Iceguard 7 studless tires for passenger cars are now in their fourth season. The tire combines ice performance, snow performance, and long-lasting performance at a high level, providing absolute peace of mind on winter roads. In recent years, sales of SUVs and EVs have been on the rise in the Japanese market, but how well does the Iceguard...
Bridgestone has been ranked first for the third consecutive year in the Automobile, Auto Parts, and Tire category of the Securities Analysts Association of Japan’s Awards for Excellence in Corporate Disclosure for fiscal 2024. The awards have been held annually since fiscal 1995 with the aim of improving corporate disclosure, and this year marks the 30th award. The disclosure study...
Toyoda Gosei has completed the expansion of Toyoda Gosei Uno Minda India’s Neemrana plant and began production in September. The expansion, which was underway to meet growing demand for airbags in India, has increased the plant’s building area from 21,000 to 35,000 square meters. The plant is located in Neemrana, Rajasthan, India, and produces safety system products such as various...
On October 2, the European Commission announced that it would propose a one-year extension of the EU Deforestation Regulation (EUDR), which was originally scheduled to take effect on December 30, 2024 for large companies and on June 30, 2025 for small and medium-sized companies. Japanese domestic tire manufacturers and others have been taking steps to apply the regulation and have...
