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...
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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...
Report: Rubber Products Sales Growth Backed by Weak Yen and Price Increases
While the first half (January-June for fiscal years ending December 31, 2024) earnings results of Japan’s four tire makers were record highs and the first quarter (April-June for fiscal years ending March 31, 2025) earnings results of industrial goods makers were also solid, rubber product makers and trading company officials said that despite these figures, there is no positive response...
CEMA Publishes Construction Machinery Demand Forecast
The Japan Construction Equipment Manufacturers Association (CEMA) recently released its construction machinery demand forecasts for fiscal 2024 (April 2023-March 2024) and fiscal 2025 (April 2024-March 2025). The forecasts are based on a survey conducted in July among 61 regular members of the association. According to the survey, Japanese domestic shipments in fiscal 2024 are expected to slightly decline for the...
Kinjo Rubber Installs Rubber Walking Mat for the Visually Impaired at Kodokan Judo Institute
Kinjo Rubber has been cooperating in the installation of rubber walking mats for the visually impaired at the 17th All-Japan Judo Tournament for the Visually Impaired held at the Kodokan in Tokyo. The rubber walking guidance mat for the visually impaired safely guides the visually impaired to their destinations by the difference in the sound and feel of the floor...
Japan Belting Industry Association Releases Conveyor and Plastic Belt Sales Ratios for First Half
On August 27, the Japan Belting Industry Association announced the sales ratios of conveyor belts and plastic belts by destination for the first half of 2024 (January-June). According to the report, Japanese domestic sales of conveyor belts accounted for 72.9% of total sales by destination (in value terms), with sales value up 10% year-on-year. Exports accounted for 27.1%, with sales...