Mitsui Chemicals Inc. (TYO:4183) has begun working to develop a market for a new heat-sealable film that enables selective high gas permeability. This ability for selective high permeation of a specific gas is what makes this film stand out. Meanwhile, it can form a heat seal at a lower temperature than other resin films. Other films have also allowed high...
Bridgestone Americas Inc. has announced that subsidiary Firestone Industrial Products LLC (FSIP) is set to boost its production capacity for air springs at a plant in Williamsburg, Kentucky. Total investment in this expansion is slated to come to $51 million, with construction to begin in the second quarter of this year and wrap up by the end of 2022. The...
Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Finesulight series of thin films with high thermal insulation functionality get picked up for use in the BioBox Freezer, a dry ice-compatible, ultrahigh-performance thermal insulation box offered by Sugiyama-Gen Co. Ltd. Allowing for storage at below minus 70 degrees Celsius without the need for electricity, this freezer box is expected to find...
Sumitomo Riko Co. Ltd. (TYO:5191) recently posted its business results for fiscal 2020. The company revealed 397.94 billion yen ($3.66 billion) in sales revenue, down 10.6 percent year-on-year; 7.86 billion yen in business profit, down 30.6 percent; and a net loss of 4.96 billion yen, down from a net profit of 881 million yen in fiscal 2019. While sales for...
Sumitomo Rubber Industries Ltd. (TYO:5110) has launched Hibrid-Turf EXII, a new long-pile artificial turf product designed specifically for use in sports. The new product is the successor to the original Hibrid-Turf EX, which was launched in 2015 for use as a long-pile artificial turf in sports and has since been fitted across more than 500,000 square meters. The EXII offers...
Sales revenue from Bridgestone Corp.’s (TYO:5108) domestic conveyor belt business fell slightly year-on-year for the first half of calendar 2020, the company has revealed. While conveyor belt sales to the iron and steel industry were largely unchanged from the previous year, those to more general users were down due to customers putting plans on hold amid COVID-19, causing the business’s...
