Toyoda Gosei Co. Ltd. (TYO:7282), a member of the Toyota Group, has opened a new base for Indian subsidiary Toyoda Gosei Minda India Pvt. Ltd. (TGMIN). The base is intended to handle engineering and sales matters, and is located in Gurgaon, near Delhi. Employees at the location have been tasked with developing, designing and selling a range of products –...
Representatives from Japan and the EU met on July 17 to sign the EU–Japan Economic Partnership Agreement (EPA) – a new bilateral agreement set to come into effect by the end of next March. For Japan’s rubber industry, the EPA promises the immediate repeal of a 4.5 percent tariff currently incurred on exports of passenger car tires to the EU,...
Toyoda Gosei Co. Ltd. (TYO:7282) has announced it will start producing automotive parts at the company’s Saga Plant, which discontinued production of LEDs at the end of September 2016. The company has invested around 3.5 billion yen ($31.07 million) to prepare the plant to produce automotive parts. Production is set to start in May 2018 for airbag inflators, as well...
Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has jointly developed a new side airbag with Toyota Motor Corp. (TYO:7203). Compatible with various makes and models, the new airbag has already been adopted for use in Toyota’s new Camry and is scheduled to be equipped in about 2.5 million vehicles annually. Side airbags, which are mounted by the side...
Zeon Corp. (TYO:4205) has announced that its subsidiary, Zeon Kasei Co. Ltd., will build a new factory in Mexico for the production of PVC/PSC resin compound for powder slush molding. The factory will use vinyl chloride resins as the raw material. The investment amount will be 1.5 billion yen ($13.5 million) and Zeon Kasei aims to begin production of 1,200...
