China’s ministry of commerce has announced that it will reopen its examination of the anti-dumping duty on chloroprene rubber (CR), prompted by a complaint that was filed by a Chinese CR manufacturer. On the other side of the equation, with local users comprised largely of businesses that rely on CR imports, numerous CR manufacturers are seeking an impartial judgment. For...
Chemical manufacturer Tosoh Corp. (TYO:4042) saw a slight year-on-year decline through March of this year on the sales volume of its chloroprene rubber (CR) business. On the back of a weak Japanese yen, the company had hoped domestically to see a rebound in the number of produced automobiles. However, such numbers remained stagnant from the previous term. CR is used...
Toyo Retread recorded its all-time highest production volumes and best ever sales last year at its factory in Otaru, Hokkaido. An important reason for this was that tire casings – the base material for retreaded tires – could be easily obtained. Tire casings have become more readily available because of an increase in the number of factories manufacturing new tires...
Sagami Rubber Industries Co. Ltd. (TYO:5194) is making good sales on its polyurethane condoms despite being priced twice as high as their latex counterparts. The polyurethane product features superior thinness and strength, reassuring consumers and contributing to expanded sales. Approximately 70 percent of Sagami Rubber’s sales are from condoms. Ultra-thin polyurethane condoms (0.01mm thick) have been selling especially well ever...
Elastomix Co. Ltd., the largest manufacturer and refiner of rubber in Japan and majority-owned by JSR Corp. (TYO:4185), predicts there will be few reasons for demand in Japan to increase in the future. As such, the company plans to aggressively cater to demand overseas through its subsidiaries in China, Thailand and Indonesia. Elastomix’s subsidiary in Foshan, China, added a Banbury...
Using demand through March 2015 as a baseline, Sumitomo Riko Co. Ltd. (TYO:5191) is, on a consolidated basis, anticipating close to double-digit revenue growth for 2016 with its industrial hose business. Going forward, this will be backed by overseas markets. Sumitomo Riko already has production bases in China and India, and it is expanding also into other regions, with particular...
