Forbo Siegling Japan Ltd.’s belt and seal businesses have posted solid sales for the first half (January–June) of 2017. The company’s belt business saw sales increase more than 5 percent year-over-year on the back of sales growth in the logistics and food industries. Sales for the logistics sector were particularly robust, backed by increased demand both from logistics centers that...
The conveyor belt business is recovering thanks to a turnaround in domestic demand for conveyor production and a 40 percent jump in exports to Australia. Meanwhile, soaring raw material costs are hurting the industry’s bottom line. Production volume figures for January through August compiled by the Japan Belting Manufacturers Association show that output has recovered on a year-on-year basis to...
Bando Chemical Industries Ltd. (TYO:5195) is relocating the head factory of its Indian subsidiary, Bando (India) Pvt. Ltd. Plans at present are to move over to a new factory with a site area of 4,000 square meters, located within the same industrial park of IMT Manesar in Gurugram City. Operations are scheduled to commence in the first half of this...
Sitting down recently for an interview, Bando Chemical Industries Ltd. (TYO:5195) President Mitsutaka Yoshii offered his assessment on where the company stands today, as well as how it is looking to improve itself moving forward. The company, Yoshii said, has to work in 2017 on accelerating its measures for dealing with the exchange rate and other fluctuating outside circumstances. He...
Shipment value of rubber products made a slight year-on-year increase in August, moving up 0.8 percent to 163 billion yen ($1.55 billion), according to records collated by Japan’s Ministry of Economy, Trade and Industry (METI). Although the shift was of only a small degree, it represents the first year-on-year improvement in 14 months. Broken down by product type, the production...
Yokohama Rubber Co. Ltd. (TYO:5101) has launched Tuftex α, a new conveyor belt cover compound designed for use on demanding applications such as high-capacity reclaimers handling iron ore and coal at port stock yard facilities. The new cover compound features the company’s advanced rubber compounding technology, achieving high levels of abrasion resistance and providing longer service life. Reclaimers transport large...
