Japan’s import volume of natural rubber for July 2016 decreased by 1.2 percent year-on-year, with import value plunging 24.3 percent, according to statistics gathered by the Rubber Trade Association of Japan. It represents the fifth consecutive month of year-on-year decline for import volume, and the 10th such consecutive month for import value. The average import price plummeted by 23.4 percent...
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Gas Piping Shows 20% Improvement in Pass Ratio for July Independent Testing
A total of 359,000 meters of gas piping passed independent testing in July, according to data collected by the Japan Rubber Manufacturers Association (JRMA). It marks a year-on-year increase of 20 percent – and the second consecutive month of increased scores. In terms of rubber piping, that both for urban gas and liquefied petroleum (LP) gas showed improvement in pass...
Kuraray to Work with Sumitomo, PTTGC on Thailand-based Production of Butadiene Derivatives
Kuraray Co. Ltd. (TYO:3405) has revealed that it has entered into discussions with Sumitomo Corp. (TYO:8053) and PTT Global Chemical Co. Ltd. (PTTGC) regarding the construction of a plant in Thailand for the manufacturing of butadiene derivatives. The three will form a joint venture company to manufacture and sell hydrogenated styrene-based thermoplastic elastomer (HSBC) and high-performance polyamide PA9T. Plans call...
Toyoda Gosei Aims to Promote Female Workers, Holds Management Conference
Toyoda Gosei Co. Ltd. (TYO:7282) held a conference for managers to raise their awareness of promoting the advancement of female workers and help them recognize the necessity of organized efforts. The conference was part of an initiative launched in 2015, which aims to change the management’s mindset and action. Under the theme of the “management that promotes advancement of female...
Retreaded Tires Need to Overcome Certain Challenges in Japanese Market, Says JRA Chairman
Japan Rubber Weekly recently spoke with Tatsuo Gomi, chairman of the Japan Retreaders Association (JRA). In addition to discussion of the market downturn of retreaded tires faced by Japan in 2015, Gomi delved into the market share of these tires and what the forecast is for them moving forward. At 5.143 million units, brand-new tires for trucks and buses fell...
Nihon Michelin Exhibits at Japan Truck Show 2016
Nihon Michelin Tire Co. Ltd. participated recently in the Japan Truck Show 2016, which took place from Sept. 1–4 at Pacifico Yokohama. The company intends to step up its contributions to the industry by providing forward-thinking tire services in response to issues that confront transport operators. At its display booth, Nihon Michelin exhibited its Michelin X One wide single tires,...