Lotte Ube Synthetic Rubber SDN BHD (LUSR), a Malaysian polybutadiene rubber (BR) manufacturing joint venture of Ube Industries Ltd. (TYO:4208), has reached the final stages of preparations for full-fledged operations. Ube Industries’ fourth BR manufacturing location, LUSR will have a production capacity of 50,000 tons per year. It began commercial operations in June 2015. At the current stage, operations are...
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JSR Receives Technical Development Award From Chemical Society of Japan
A five-member team led by Motoyuki Shima has received the 64th CSJ Award for Technical Development from the Chemical Society of Japan. Shima is General Manager of the Semiconductor Materials Laboratory, one of the Fine Electronic Materials Research Laboratories at JSR Corp. (TYO:4185). The award recognizes the team’s development of a topcoat material for use in argon fluoride (ArF) immersion...
China’s Rubber Sector Looks to Transform With Industry 4.0 – From Size to Strength (Part 2)
Chinese tire manufacturers, even the ones that make the best product, have experienced flat year-on-year growth for passenger vehicle tires, while year-on-year performance is down 30 percent for truck and bus tires. Even so, local tire makers say this situation is good for their companies. Things are said to be even worse for off-road (OR) tires for construction vehicles. This...
China’s Rubber Sector Looks to Transform With Industry 4.0 – From Size to Strength (Part 1)
China’s rubber industry is seeking to shift its focus from growing larger to being stronger. The new direction was unveiled at the China Rubber Conference 2016, organized by the China Rubber Industry Association, between March 22 and 25. China is aiming to strengthen its rubber industry due to declining demand, surging labor costs and dim prospects for a rapid recovery...
Think Globally – Toyo Tires President Shimizu
Message to New Employees Takashi Shimizu, president of Toyo Tire and Rubber Co. Ltd. (TYO:5105), recently addressed the company’s new employees in a speech where he told them to take basic work principles on board. Shimizu told the new recruits that, since becoming president, he has been saying that employees should have a sense of crisis in the sense that...
Always Be Open and Responsive – Yokohama Rubber President Noji
Message to New Employees At the recently held entrance ceremony of Yokohama Rubber Co. Ltd. (TYO:5101), President Hikomitsu Noji stressed three key points in his speech to new employees. First, he told the recruits to have a dream or a goal of what kind of person they would like to become. Noji told them to always imagine themselves five or...