Work has commenced on Nagasaka Sangyo Kyobashi Building, which will be the new home of the Bridgestone Museum of Art. Located in Chuo Ward, Tokyo, the new museum is expected to open in the fall of 2019. With more than double the exhibition space of the old museum of art, there are plans to showcase more than 2,500 pieces from...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has signed on to become a Platinum Partner for Japanese professional soccer J1 League team Gamba Osaka. The contract embodies a relationship of total sponsorship support for Gamba Osaka. Toyo Tires began a new brand revitalization effort last year under the catchphrase “Surprising the World.” The team’s continual striving for excellence under a challenging...
Sumitomo Rubber Industries Ltd. (TYO:5110) will use the Falken Tire brand to sponsor the 2016 DFL-Supercup, a professional soccer match in Germany scheduled for mid-August. The 2016 DFL-Supercup will kick off the 2016–17 season by pitting the 2015–16 Bundesliga champions against the winners of the German Cup, a tournament involving pro and amateur clubs. Sumitomo Rubber intends to more heavily...
China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
The chloroprene rubber (CR) business of Denka Co. Ltd. (TYO:4061) has increased its revenue since Nov. 1 of last year, when operations started up at U.S. subsidiary Denka Performance Elastomer LLC. Domestically, however, the business has stagnated somewhat, with a decline in CR for vehicle parts due to a downturn in automotive production volume. Denka has also suffered declines in...
While production for rubber products languishes overall, domestic production volume of rubber and resin rolls is trending upward. According to statistics from the Japan Rubber Manufacturers’ Association (JRMA), year-on-year production volume has risen for four straight quarters from the second quarter of last year (April-June) through the first quarter of the current year (January-March). While production of rubber products used...
