Navigation

News

Ube, Lotte and Mitsubishi Launch Rubber JV in Malaysia

on October 13, 2015 in Industry, Tires

Chemical, construction material, and metal manufacturer Ube Industries Ltd. held an opening ceremony for its butadiene rubber (BR) joint-venture company established in Malaysia, “Lotte-Ube Synthetic Rubber” (LUSR, located in Tanjung Langsat Industrial Park, Johor, Malaysia). LUSR is a joint-venture company between Ube Industries, Lotte Chemical Corp. and its subsidiary Lotte Chemical Titan Holding Sdn. Bhd., and Mitsubishi Corp. LUSR operates...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Toyoda Gosei Aims to Strengthen its Base in Brazil

on October 13, 2015 in Industry, Products

Toyoda Gosei, a Toyota Group auto parts company, is slated to invest in Pecval Industria, a Brazilian firm that produces resin parts for auto interior and exterior. With this move, Toyoda Gosei plans to reinforce its business base in Brazil. Pecval is a wholly-owned subsidiary of Shimizu Industry Co., Ltd. (Kariya City, Aichi Prefecture), that produces auto dashboard components and...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Revenues and Profits Up at Nippon Zeon, Down at JSR

on October 13, 2015 in Industry

In the first quarter results of Japan’s two major synthetic rubber companies, JSR Corp. and Zeon Corp., (fiscal year ending March 2016), elastomers saw lower revenues and profits at JSR, but higher revenues and profits at Zeon. In particular, JSR’s quarterly operating profits were at their lowest level since the 2008 financial crisis. The earnings differentials were caused by factors...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading

Sumitomo Riko and Daehung R&T to Establish Rubber JV in China

on October 13, 2015 in Industry, Products

Sumitomo Riko Co. Ltd. (formerly Tokai Rubber Industries), in a joint venture with Daeheung R&T Co. Ltd. of South Korea, will establish a rubber refinement (kneaded rubber/rubber compound) manufacturing and vending company in China. Both companies had been involved in producing kneaded rubber, but with business expansion came the need to augment production capabilities. Sumitomo Riko views this as an...

Please subscribe to read the full story.Subscribe
Already a member? Log in here
Continue Reading