Rubber sheet manufacturers are expected to change their pricing strategies. Until recently, they were prone to price wars due to mutual restraint, but from now on, they are expected not hesitate to revise their prices every year. The reason for this is the rapid rise in labor and other costs. Since these increases are expected to continue in the future,...
Nitta’s sales of plastic belts in the first half of the fiscal year ending March 31, 2025 (April-September) are expected to increase in the high single digits year-on-year, largely in line with plans. Sales in the food field have been the strongest, with growth in sales to convenience stores for onigiri rice balls, prepared foods, and other snack foods, as...
Mitsuboshi Belting’s sales of plastic conveyor belts in the first half of the fiscal year ending March 31, 2025 (April-September) increased by a single digit year-on-year. “The growth was driven by the food industry, which has continued to be strong since the previous fiscal year. Sales of plastic conveyor belts for convenience stores, bakery, confectionery, and meat products increased. In...
Bando Chemical’s Japanese domestic sales revenue of plastic conveyor belts for the first quarter of the fiscal year ending March 31, 2025, increased year-on-year. For the full year, Bando will continue to focus on the food and logistics fields, aiming to increase sales and profits. In the food industry, the company will focus on expanding sales of products promoted at...
NOK group company Freudenberg NOK has built a new plant for automotive sealing products in Morinda, India, and held an opening ceremony on October 15. The Morinda plant was constructed following the termination of the contract for the Basma plant in the state of Punjab, with a view to increasing production in India, a growing market. As a manufacturing base...
Demand for plastic belts remains strong. Although demand from the logistics industry due to the booming online shopping business has slowed down, both production volume and shipment value have been higher than the previous year, supported by stable demand from the food industry. In the future, demand for logistics is expected to pick up again due to the construction of...
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