Exports of rubber products fell 20.6 percent year-on-year in June to 74.86 billion yen ($734.451 million), while imports fell 10.0 percent to 33.345 billion yen according to the Japan Rubber Manufacturers Association. Exports fell for the 11th straight month, while imports were down following an increase in May. Exports fell for 11 out of 15 categories in June, with automobile...
Extruder manufacturer Steer Engineering Pvt. Ltd., India, has revealed that it will be investing approximately 2.5 billion yen ($24.46 million) in its Japanese branch, Steer Japan Corp., over the next 10 years. This comes with Steer having defined its course of action for Japan and its global strategy. Steer Engineering CEO Atanu Maity said that Japan continues to be an...
Yokohama Rubber Co. Ltd. (TYO:5101) plans to lift its global production capacity of tires by the end of 2020 to 89 million units per annum, CEO Hikomitsu Noji recently announced. At the end of 2015, the company had an annual production capacity of 70.59 million units and has planned for 72.14 million units for the end of 2016, 74.19 million...
Sales of hose assemblies fell 6 percent year-on-year to 29.677 billion yen in the first half of 2016, according to the Japan Hose Coupling Association (JHCA). By category, industrial rubber hoses fell 6 percent, automotive rubber hoses declined 5 percent, and plastic hoses were down 6 percent. For June, total sales fell 5 percent year-on-year to 5.482 billion yen, the...
As part of Bridgestone Corp.’s (TYO:5108) latest Potenza range of tires, the company has launched the Potenza RE-06D, a new product designed with the aim of reducing lap time on the circuit. Using an exclusively developed structure, pattern, geometry and compound, the tire improves road contact when corning as well as block rigidity. Moreover, the RE-06D is designed with an...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has launched in August nationwide sales in Japan for its new 26-inch Proxes R888R tire for use in motorsports. The tire provides excellent handling suitable for circuit racing, and makes use of a tread composition and structure that offers superior grip and control. The use of high-grip compounds and a large-blocked tread pattern...
