A high-pressure hydrogen tank produced by Toyoda Gosei has been adopted for use in Japan’s first passenger ship to be powered by hydrogen energy. The hydrogen tank is based on the hydrogen storage technology developed by Toyoda Gosei and Toyota Motor Corporation for the Mirai fuel cell vehicle, and is a large type that is being installed mainly in trucks...
Bridgestone will strengthen its hydraulic and industrial hose solutions and mobile van solutions business in North America. To this end, the company’s subsidiary Bridgestone HosePower acquired end of last year Cline Hose & Hydraulics, a mobile solutions service for hoses in the United States. The mobile solution service for hydraulic and industrial hoses means that when a hose is damaged...
According to statistics compiled by the Japan Belting Industry Association, Japanese conveyor belt production in 2023 was 9,073 tons, down 5% from the previous year, marking the second consecutive year of decline and the second year in a row that production has fallen below 10,000 tons. Japanese domestic demand was boosted by an increase in automobile production due to the...
Nitta’s Nitta Moore division posted lower sales and profits in the third quarter (April-December) of the fiscal year ending March 31, 2024, compared to the same period last year. Sales in the auto business were strong due to an upturn in automobile production at the customers who demanded them, but sales in the general industrial business were sluggish due to...
Valqua, a manufacturer of high-performance rubber products, released in March a digital procurement service called “Quick Value”, which enables users to obtain quotes immediately by simply uploading drawings of fluoropolymer processed products. Quick Value statistically analyzes the machining information of parts drawings uploaded to the cloud and combines it with the plant and machining data (equipment, machining type, number of...
Yokohama Rubber aims to achieve a 10% business profit margin in its Multiple Business (MB) business by 2026, the final year of the new medium-term management plan “YX2026” announced in February. The company has positioned the hose and piping business as a growth driver and wants to achieve stable profitability in the industrial materials business. The performance of the MB...
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