Shin-Etsu Polymer India Pvt. Ltd., the Indian subsidiary of Shin-Etsu Polymer Co. Ltd. (TYO:7970), has recently opened a branch in the greater Delhi area. The new arm, headed by I. Balasubramanion, commenced operations as Shin-Etsu Polymer India Delhi Branch on Feb. 1. Shin-Etsu Polymer India was established in October 2007 in the city of Chennai, Tamil Nadu, India, as a...
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Bando President Talks Current State of Business, Eyes Productivity Increases
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...
Bombay Chemical Pitches India’s Raw Materials at IRC 2016 Kitakyushu
Indian materials company Bombay Chemical & Rubber Products (BCRP) partook recently in the International Rubber Conference (IRC) 2016 Kitakyushu, displaying at the Rubber & Elastomer Technical Exhibition. The company was exhibiting there with the purpose of introducing India’s high-quality, cost-competitive raw materials, and the array of top-class manufacturers behind them, to Japanese corporations who are considering venturing into South Asian...
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...
Bando Plans to Strengthen Position in Asian Market for Power Transmission Belts
Bando Chemical Industries Ltd. (TYO:5195), a major manufacturer of power transmission belts and conveyor belts, is looking to increase its sales of power transmission belts in the Chinese market and the Asian market overall. The company plans to increase its sales in the Chinese market through the end of the 2016 fiscal year to 11.8 billion yen ($107.6 million) from...
Sumitomo Riko’s Hose Business Division Expecting Near Double-Digit Growth
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...