Industrial hose assembler and seller Do-Yamamoto has established Do-Yamamoto Engineering India in Karnataka, India, in order to respond to the expanding overseas plant market. Until now, Do-Yamamoto has been developing industrial hoses for energy, chemical, and industrial projects in Southeast Asia and the Middle East, but by establishing a local subsidiary in India, the company will strengthen its business base...
Okayasu Rubber has established on Aug. 1 a new wholly owned U.S. subsidiary, Okayasu Rubber America. The new company is located in San Antonio, Texas, and started operations on Nov. 1. Okayasu Rubber is a trading company of rubber products for the rubber industry that also has a production base. It has manufacturing and sales bases in Malaysia as well...
Dunlop Home Products, a Sumitomo Rubber Group company selling household, nursing, and medical products, launched on Dec. 1 a new line of rubber gloves for home use made from natural rubber. The gloves are marketed under the slogan of “Gloves Born From Trees: Simple Colors.” They are available in two colors, Monotone White and Monotone Black, to easily blend with...
Industrial hose manufacturer Sumitomo Riko Hosetex is expanding production capacity at its production bases in Japan (Kyoto), China (Hefei, Anhui Province) and India (Neemrana, Rajasthan) in response to strong demand for high-pressure hoses (wire braid hoses). The plan was decided in August 2021, with an investment of approximately 1 billion yen ($7.43 million). The expansion is scheduled to be completed...
Sanyo Trading, a raw materials trading company, has acquired ISCC PLUS certification, an international certification system for sustainable products. ISCC PLUS certified products include Perstorp polyols, trimethylolpropane, pentaerythritol, and dipentaerythritol (environmentally friendly grade). The ISCC PLUS certification enables the company to handle ISCC PLUS certified products worldwide, including outside the EU. The company has positioned sustainability initiatives as a key...
Achilles reported financial results for the first half (April – September) of the fiscal year ending March 31, 2023, with net sales of 40.8 billion yen ($292.85 million), up 12.0 percent year-on-year; an operating loss of 102 million yen (a profit of 608 million yen in the previous year); ordinary income of 489 million yen, down 42.8 percent; and net...
