Sumitomo Riko Co. Ltd. has concluded an exclusive distributor agreement with Hydroscand AB, a Swedish seller of high-pressure hoses based in Stockholm. The move will enable Sumitomo Riko to expand sales of high-pressure hoses in 43 countries in Europe and elsewhere. This marks the company's first full entry into the industrial hose business's European market.
Products
Nitta Launches Sales of Ultra-flexible Resin Hose
Nitta Corp. has launched sales of Linemate LB70, a new series of ultra-flexible resin hose products with applications in hydraulic piping for machine tools and machining work. The new hoses are 15-25 percent more flexible than existing products and also have a major weight advantage.
Brisk Auto Parts Business in China—Hokusay Rubber
New Year’s Top Interview—Increases in sales of automotive components in China have kept sales up at Hokusay Rubber Industry Co. Ltd., company President Shinichi Yoneya said in a recent interview with Japan Rubber Weekly.
A manufacturer of industrial rubber products in Japan’s Hokuriku area, Hokusay boasts strong business performance in the areas of automotive weather strip and construction gasket products.
Doubling Size of Technical Center—Yasufuku Rubber
New Year’s Top Interview—Although his company has no immediate plans to open new bases, it is in the midst of aggressively expanding existing facilities, said Tadaaki Yasufuku, president of Yasufuku Rubber Industries Co. Ltd., speaking about what’s in store for the company in a recent interview with Japan Rubber Weekly.
With a total of eight bases in the six countries of Japan, the U.S., Indonesia, Vietnam, Brazil and Thailand, Yasufuku Rubber makes rubber components for automobiles and recreational vehicles including motorcycles, ATVs and jet skis.
Step Up Production, Sales and Development—Kuraray
New Year’s Top Interview—In an interview with Japan Rubber Weekly, President Shinichi Yasue of Kuraray Plastics Co. Ltd. (TYO:3405) said that re-organizing the company into divisions has fostered a greater sense of togetherness in each of the units with regard to manufacturing, sales and development. He aspires for the rubber and plastics maker to achieve higher revenues and profits in 2016 through this new tripartite organization.
Focusing Efforts on Mining Supplies—Kureha Elastomer
New Year’s Top Interview—Terumoto Shiroeda, president of Kureha Elastomer Co. Ltd., says that 2015 was more valley than peak for his company amid poor economic conditions. He spoke in a recent interview with Japan Rubber Weekly, looking back on the past business year.
Shiroeda said that products for the mining sector did well during the April-September period, putting in a solid business performance.