Japan’s shipments of rubber products this July came to a total value of roughly 211.04 billion yen ($1.97 billion), rising by 6.4 percent over the same month last year, according to figures put together by the Ministry of Economy, Trade and Industry (METI). Looking at individual product types, automotive tires up made 53 percent of the total here, and saw...
Forecasts for belt and hose sales in 2019 are showing a pessimistic outlook despite what have been favorable market conditions so far this year. These findings come from TGS, an association of industrial rubber product wholesalers in the greater Kanto region. Conducting an independent survey as part of a report on belt and hose trade flows for 2018, TGS found...
Bando Chemical Industries Ltd. (TYO:5195) recently received a chairman’s award from the Energy Conservation Center, Japan (ECCJ), as part of the 2018 Energy Conservation Grand Prize awards. The company won this off the back of its Hyper Flat Drive (HFD) System, a flat belt drive system that was rated strongly for enabling a high level of energy conservation. This marks...
Gates Unitta Asia Co. forecasts its domestic sales for general-purpose industrial belts for December 2018 will increase by around 5 percent year-on-year. In addition to the strong sales of its mainstay products for semiconductor manufacturing equipment, machine tools and industrial robots, demand for new electric vehicle (EV)-related applications also expanded. Sales for products used in food and packaging manufacturing equipment...
The Japan Belting Manufacturers Association has projected that Japan’s production of rubber belts for 2019 will come to a total of 26,619 tons, sitting at a similar level to figures from 2018. Domestic demand is expected to account for 19,660 tons of this total, down by 2 percent, with exports rising by 6 percent to reach 6,959 tons. Conveyor belt...
The Japan Belting Manufacturers Association recently released statistics showing Japan’s domestic production of transmission belts to have increased 2 percent year-on-year for 2017, reaching a total of 11,985 tons. While automotive demand stalled, demand for general industrial applications was solid. Increased demand was seen for applications such as semiconductor manufacturing equipment, injection molding machines, machine tools and industrial robots. Looking...
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