The impact of China’s overproduction, which has become a global problem for steel and commodity resins, is spreading to synthetic rubber as well. First in line are commodity synthetic rubber products for tires, but will it spread to other types of products as well? On October 25, Ube announced that it has resolved to dissolve its equity method affiliate Lotte...
Yokohama Rubber will build a new passenger car tire plant in China. The production capacity will start at 9 million tires per year and is expected to expand in the future. The investment will be 1.96 billion yuan ($269.62 million), with production scheduled to begin in the second quarter of 2026. The construction of the new plant is in response...
Bando Chemical started operation of a solar power generation system on the roof of Bando Belt Tianjin, its subsidiary in China, in December as part of its efforts to achieve carbon neutrality and utilize clean energy. The newly installed solar power generation system has a generating capacity of 741 kW, with a projected annual power output of 850 MWh per...
Conveyor belt and automotive conductive belt manufacturer Bando Chemical has in December begun operating a solar power generation system on the roof of its subsidiary in China, Bando Belt (Tianjin). The move is part of the company’s efforts to achieve carbon neutrality and to utilize clean energy. The newly installed solar power generation system has a generating capacity of 741...
The environment surrounding the Japanese rubber industry has been changing due to the ongoing depreciation of the yen, the decline in naphtha prices and the slump in China. These changes are a mixture of good and bad news for the rubber industry, but since they are all external factors, it is difficult for individual companies to influence them. Japan Rubber...
Toyoda Gosei is aiming to strengthen its supply network for interior and exterior auto parts in central China. Plans here are set to see the company invest in Wuhan Binyu Auto Part by leveraging Toyoda Gosei (China) Investment, a consolidated subsidiary for the Chinese market. Wuhan Binyu is part of the Yibin Group, which supplies interior and exterior auto parts...
