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Bridgestone Begins Industry-Academia Research to Establish Polyolefin Material Recycling Technology

on December 11, 2024 in Industry, Innovation

Bridgestone, in collaboration with Tohoku University, the National Institute of Advanced Industrial Science and Technology (AIST), and the University of Shiga Prefecture, has begun research aimed at establishing material recycling technology for polyolefin, a type of plastic typified by polyethylene and polypropylene. The research aims to establish guidelines for the development of new resource-recycling polyolefin materials that can be recycled...

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Michelin Japan to Increase Prices From Next February

on December 11, 2024 in Tires

Michelin Japan will revise the prices of its Michelin and BF Goodrich brand tires for the Japanese domestic market starting February 1, 2025. The price increases will cover passenger cars, light truck tires (summer and winter), motorcycle tires, truck and bus tires (summer and winter), and tubes and flaps, with an average increase of 5-8%. “Despite our efforts to improve...

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Nitta Inaugurates Second Plant in Thailand

on December 10, 2024 in Products

Nitta is constructing a second plant on the premises of its consolidated subsidiary Nitta Corporation [Thailand] (NCT), and held an inauguration ceremony on November 26. As part of the company’s shift to further globalization of the hose and tube products business in the medium-term management plan SHIFT2030, the group constructed a second plant on the premises of the NCT plant...

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Rubber Hose Demand Forecast: No Significant Upturn in Sight

on December 9, 2024 in Industry

The Japan Rubber Hose Manufacturers Association has released its demand forecasts for rubber hoses for 2024 and 2025. According to the forecast, 2024 demand for automotive hoses, which account for 70% of the total, will stagnate due to the suspension of production and shipments following the certification fraud scandal involving some automakers. In 2025, demand for automotive hoses is expected...

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Status Report: Tigers Polymer’s Rubber Sheet Business

on December 6, 2024 in Products

Tigers Polymer’s rubber sheet business for the first half (April-September) of the fiscal year ending March 31, 2025, showed a slight increase in sales over the same period last year. “Although sales were positive, volume-wise, they were almost unchanged. However, statistics show that shipments in the rubber sheet industry as a whole are still quite severe, falling even lower than...

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Okamoto Sales Up 7% in First Half

on December 5, 2024 in Products

Okamoto posted sales of 54.49 billion yen ($362.81 million), up 6.9% year-on-year, operating income of 4.92 billion yen, up 3.2%, ordinary income of 5.02 billion yen, down 16.5%, and net income of 2.98 billion yen, down 34.9% in the first half (April to September) of the fiscal year ending March 31, 2025. Sales and operating income increased due to strong...

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