Toyoda Gosei will build a new plant for safety system products and interior/exterior parts in Harohalli, Karnataka, India. The investment will be approximately 2.05 billion rupees ($24.52 million), and production is scheduled to begin in January 2026. The new plant will be constructed to respond to the expansion of automobile production in India. With a land area of approximately 40,000...
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Taiwan’s Largest Conveyor Belt Manufacturer HYC Maps Out Sustainability Strategy
Hsin Yung Chien (HYC), Taiwan’s largest conveyor belt manufacturer, is promoting ESG management and striving to realize a low-carbon society. To this end, the company has established an ESG team consisting of executives from the sales, engineering, production, development, quality assurance, labor, general affairs, and auditing departments. Exclusive OEM supply to Yoshino Rubber in Japan, boasting a strong track record...
Kuriyama Says Sales, Profits up in on Strong North American Business: First Half Results
Kuriyama Holdings reported a 9.9% year-on-year increase in net sales to 40.33 billion yen ($286.62 million), a 22.9% increase in operating income to 2.78 billion yen, a 21.5% increase in ordinary income to 3.11 billion yen, and a 17.5% increase in net income to 2,11 billion yen in its consolidated interim (January-June) results for fiscal 2024. Both sales and profits...
Announcement: Rubber Trade Association of Japan to Host October 4 Online Seminar
The Rubber Trade Association of Japan (RTAJ) will hold the 11th RTAJ Lecture Meeting as an English-language online presentation on the theme of “EUDR Compliance by Dong Nai Rubber Corporation” in Vietnam, one of the major natural rubber producing countries. The company, which is engaged in the planting, processing, and exporting of natural rubber, will discuss the latest trends in...
Bridgestone to Close Retreading Materials Plant in Belgium
Bridgestone group company Bandag Europe announced at a special meeting of its employees its intention to close its retreading materials (pre-cured tread and cushion rubber) production plant in Lanklaar, Belgium, by the first half of 2025. The truck and bus business in Europe, including retread tires, has been facing many profitability issues, and the company has been restructuring its business...
Sumitomo Rubber Deploys Tire Pressure Monitoring System
Sumitomo Rubber began selling its Tire Pressure Monitoring System (TPMS) in July. The company has been offering a tire pressure and temperature management service for trucks using this system at Dunlop’s truck tire dealers since the same month, and is now focusing on developing its tire solution business, which is a key business for the company. At the DTS (Dunlop...