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Mitsui Chemicals Succeeds in Development of EBT Latex

on August 5, 2024 in Innovation

Mitsui Chemicals and Sumitomo Seika have successfully developed the world’s first EBT latex based on Mitsui Chemicals’ EPT (ethylene-propylene rubber) and EBT (ethylene butene diene). In this collaboration, Mitsui Chemicals’ synthetic rubber technology was combined with Sumitomo Seika’s latexification technology. Sample work has already started for market exploration. Mitsui Chemicals expects EBT latex to have a wide range of applications,...

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Sumitomo Rubber Announces New Next-Generation All-Season Tire

on August 2, 2024 in Tires

Sumitomo Rubber has unveiled its next-generation all-season tire, the Dunlop Synchro Weather. The tire is the first to feature the company’s new Active Tread technology, which changes the properties of the rubber itself in response to road conditions. With this technology, the tire has the performance of both a summer tire and a studless tire and can be used on...

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Nitta to Merge Two Subsidiaries

on August 1, 2024 in Industry

Nitta will merge its wholly owned subsidiary Nitta Air Solutions as the surviving company and Morimitsu, also a wholly owned subsidiary, as the dissolving company, effective October 1. The surviving company, Nitta Air Solutions, was established on November 16, 1960. The company is engaged in sales of air filtration materials and dust collectors, pipe installation, real estate maintenance and management,...

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Sumitomo Rubber Signs Shohei Otani for Dunlop Advertisement

on July 31, 2024 in Industry

Sumitomo Rubber has signed an advertising contract with Shohei Otani for its Dunlop brand. Otani stars in a new brand commercial in which he and Babe Ruth, whom he describes as a baseball icon, appear together in a dream collaboration. The commercial has begun airing nationwide on July 23. In addition, they will appear together in a commercial for the...

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Eneos Materials Advances Development of World’s First Battery Made from Recycled Tires

on July 30, 2024 in Industry, Innovation

Eighteen member companies of the Tire Battery Project, including Eneos Materials, have been developing the world’s first next-generation storage battery, the Tire Battery, which is created by recycling used tires. After 12 years of development and improvement, the companies will now begin demonstration testing of stationary products, namely street lights, equipped with the Tire Battery. The demonstration test will be...

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Yokohama Rubber to Acquire Goodyear OTR Business

on July 29, 2024 in Industry, Tires

Yokohama Rubber will acquire the off-the-road tire (OTR) business for mining and construction vehicles of U.S.-based tire producer and distributor Goodyear. The acquisition is priced at $905 million and will be completed after receiving approval from the relevant authorities. Goodyear’s OTR business had sales of $678 million in fiscal 2023, EBITDA of $129 million, and an EBITDA margin of 19.0%....

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