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Rubber Industry Feels Impact of Kumamoto Earthquakes – Special Report

on April 27, 2016 in Interviews, Market Background

Rubber manufacturers in the Japanese prefectures of Kumamoto and Oita have been greatly affected by a recent string of earthquakes that have centered on Kumamoto Prefecture, beginning with a foreshock at 9.26 p.m. on April 14. Bridgestone Corp. (TYO:5108) and NOK Corp. (TYO:7240) suspended operations at their respective manufacturing plants in Kumamoto Prefecture. Meanwhile, damage to locally based Tsuchiya Rubber...

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Lanxess CEO Zachert Visits Japan, Highlights Stable Business

on April 26, 2016 in Materials

Lanxess AG is focusing on investment for organic growth, said Matthias Zachert, chairman of the German chemical firm’s management board at a press conference at Tokyo’s Palace Hotel during a recent visit to Japan. Outlining corporate activities for fiscal 2016, he said that the company has been working to rebuild business operations during the 24 months following his appointment. According...

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Rubber Goods Shipments Down 4% in February, Fall for Eight Straight Months

on April 26, 2016 in Market Background, Products

Shipment value of rubber goods in Japan declined in February by 4 percent year-on-year to 179.4 billion yen ($1.61 billion), sliding for the eighth consecutive month, according to Japan’s Ministry of Economy, Trade and Industry (METI). Production volume of automobile tires were 12.11 million tires, down 5 percent on-year, marking the 15th consecutive month of year-on-year decreases. Meanwhile, the value...

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Toyo Targets Mid-Range Minivans With New Tire in Tranpath Series

on April 25, 2016 in Innovation, Tires

Toyo Tire and Rubber Co. Ltd. (TYO:5105) has brought to market a new tire in the Tranpath minivan tire series: the Tranpath ML. This tire is aimed specifically at the mid-range minivan market. It offers good running stability, wear resistance and fuel efficiency, which are all requirements of minivan tires. During the development of the rubber materials used in the...

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Toyota First to Use Biohydrin Rubber in Engine and Drive System Hoses

on April 25, 2016 in Innovation, Products

Toyota Motor Corp. (TYO:7203) has announced that it will be the world’s first automobile manufacturer to employ biohydrin rubber in its engine and drive system hoses. These special rubber components must be highly resistant to oil and heat. Toyota will begin using biohydrin rubber in vacuum sensing hoses (used in engine intake systems) this May, with usage expected in all...

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Marugo Rubber to Launch Plant in Thailand, Inks Technical Assistance Agreement in Philippines

on April 22, 2016 in Industry, Products

Marugo Rubber Industries Ltd., based in Kurashiki, Okayama, plans to establish a production base for automobile rubber parts in Thailand. It has also inked a technical assistance agreement with a rubber component manufacturer in the Philippines. Those moves are part of Marugo’s strategy to strengthen its production and supply capability in the growing ASEAN region. Marugo has established a sales...

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