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...
china
Production of Cars Using Gates Unitta Asia’s Timing Belt-in-Oil Systems Now Underway in China
Production of automobiles using timing belt-in-oil systems from Gates Unitta Asia Co. is now underway in China. As the company started supplying timing the systems only from beginning of this year, volumes are not that large yet, said Vice President Shuji Miyamoto of Gates Unitta Asia. However, from next year onward the company expects sales volumes of automobiles with timing belt-in-oil...
Chinese Auto Parts Market Expected to Bounce Back – Tigers Polymer President Watanabe
Tigers Polymer Corp. (TYO:4231), a major manufacturer of automotive rubber components and plastic hoses for home appliances and civil engineering, is expecting in its April 2016 – May 2017 net sales to see a recovery in demand for automotive parts in the Chinese market. Speaking recently in an interview with Japan Rubber Weekly, President Kentaro Watanabe said that he anticipates...
Chinese Rubber Industry to Introduce Tire Labeling System
The China Rubber Industry Association (CRIA) has revealed that the planned labeling system showing a tire’s environmental performance characteristics at a glance will be implemented starting on Sept. 15, 2016. Comprising a grading scheme and a set of labeling management regulations, the system ranks tires as fuel-efficient “Green Tires” when specified standards for rolling resistance, wet grip and noise are...
Denka Continues Market Development in China Despite Unresolved Anti-dumping Duty
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...
Amid Global Stagnation, Tosoh’s CR Business Finds Opportunities in India
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...