Production volume for new rubber hoses in 2017 is forecast to be 36,632 tons, up 5.8 percent year-on-year, according to annual demand data compiled by the Japan Rubber Hose Manufacturers Association. Meanwhile, shipment value is forecast at 138.4 billion yen ($1.23 billion), up 2.1 percent. Though production volume and shipment value showed losses last year, both are expected to have...
Rubber sheet manufacturer Tigers Polymer Corp. (TYO:4231) recently released strong business results for the first half (April–September) of the fiscal year ending March 2018. Robust results in the company’s rubber sheet business were evidenced by a nearly double-digit increase in revenue year-on-year. Demand from Tigers Polymer’s main customers in the civil engineering, construction and automotive industries was sluggish in the...
Showa Glove Co. has announced that it plans to launch sales of new cut-resistant gloves on Jan. 9. The gloves provide safety and durability while also being pliable and easy to work with – a combination that has been difficult to achieve until now. Intended to be worn in settings that pose a danger of incision wounds, the new gloves...
Sumitomo Rubber Industries Ltd. (TYO:5110), a company certified under the Ministry of the Environment’s Eco-First Program, recently announced that it has submitted its updated Eco-First Commitments to the Minister of the Environment. The Eco-First Program is an initiative in which companies pledge their own efforts to protect the environment, including measures against global warming, to the Minister of the Environment....
Conveyor and transmission belt manufacturer Mitsuboshi Belting Co. (TYO:5192) has posted approximately 35.59 billion yen ($316.92 million) in total sales for the July–September period of fiscal 2017. This represents an increase of 7.1 percent over the same period for the previous year. The company also set record highs for the second quarter for operating profit, ordinary profit and quarterly net...
Production and shipments for rubber and resin hoses are on an upward trend. Automotive and high-pressure rubber hoses have been solid performers on the back of a recovery in domestic automotive production volume and robust demand for construction equipment and machine tools. Resin hoses and tubes have also been going strong, supported by firm demand from the semiconductor industry. This...
