Nihon Michelin Tire Co. Ltd. has announced that Paul Perriniaux, executive operating officer, will take over as president from Bernard Delmas, who will assume the title of chairman. Perriniaux joined Nihon Michelin in 1995 in truck and bus marketing. He was regional manager of Michelin Tyre PLC (U.K.) in 2001 and IT project manager at the France head office from...
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Tokai Carbon’s Operating Income Up 44% Despite Lower Sales
Major Japanese carbon black manufacturer Tokai Carbon Co. Ltd. recorded sales of approximately 80.5 billion yen ($653.4 million) in the first three quarters of 2015 (January-September), down 5 percent over the same period of the previous year. Operating income was up 44 percent to 3.5 billion yen ($28.4 million) and recurring profit was up 37 percent to 3.6 billion yen...
JSR S-SBR Sales Increase 30%
JSR Corp. increased solution styrene butadiene rubber (S-SBR) sales volume by 30 percent in the first half of the year through March. In addition to launching full-scale operations at its new S-SBR plant in Thailand, the company’s expansion into the large-scale middle range market contributed to the first-half increase, said Hayato Hirano, senior officer and director. JSR easily exceeded global market...
Kumho Polychem Returns to Profitability
Kumho Polychem, a JSR Corp. group company producing ethylene propylene rubber (EPDM) in Korea, returned to profitability for the first half of the year. In addition to boosting sales volume, the company benefited from lower prices for the raw materials ethylene and propylene. In September, Kumho Polychem added 60,000 tons of annual production capacity, bringing its total to 210,000 tons. Although this additional capacity...
Sumitomo Rubber Develops New Tire Technologies
Sumitomo Rubber Industries Ltd. has developed Gyroblade, a technology for airless tires that never go flat because they do not need to be inflated, and Coreseal, a tire sealant technology that prevents air leakage from damage to tire treads. Both are on display at the 44th Tokyo Motor Show. The Gyroblade technology consists of a tire tread attached to the circumference...
Toyoda Gosei Expands its Production Capacity in Asia and Latin America
Toyoda Gosei Co. Ltd. President Naoki Miyazaki spoke at the recent Tokyo Motor Show: “With the core of the market transitioning from developed to developing countries, and with consumer needs shifting to small and eco-friendly vehicles, global competition is intensifying to meet these changing needs. At Toyoda Gosei, we are facing these changes head-on with our TG2020 Vision targeting sustainable future growth....