Marubeni has acquired Alternative Belting Enterprises and Alternative Belting (Van Island) Enterprises, a Canadian one-stop provider of rubber and plastic conveyor belts, conveyor belt system components, installation, and maintenance services. The acquisition was made through Marubeni’s wholly owned Canadian subsidiary, Viacore Solutions, and will enable the company to strengthen its operating base in Western Canada and expand its footprint from...
Marubeni
Joint Project Including Tosoh Plants Fast-Growing Trees in Shunan, Yamaguchi
The city of Shunan in Japan’s Yamaguchi prefecture has joined forces with Idemitsu Kosan, Tosoh, Tokuyama and Marubeni to plant a range of fast-growing tree species in Mukaidake, part of Shunan’s Heta district. This comes as part of a broader effort to trial the renewable production of woody biomass in the area, and follows an afforestation agreement that was reached...
Marubeni Acquires Stake in Israeli Airless Tire Developer for Agricultural Machinery
Marubeni has acquired a stake in Galileo Wheel (Galileo), an Israeli company that develops airless tires with a unique structure. The Cup Wheel tire developed by Galileo, in addition to having airless performance, has an enlarged ground contact area compared to conventional tires, which increases traction and improves productivity. It also reduces compaction (pressure on the ground surface, tread pressure)...
Marubeni Starts up Russian Sales Subsidiary for Mining Truck Tires, Rubber Materials
Trading company Marubeni Corp. (TYO:8002) recently announced that it has established Marubeni Rubber RUS LLC (MRR), a new Russian sales subsidiary that is set to handle large tires for mining trucks as well as a range of other rubber materials for the mining industry. Abundant in natural resources, Russia is seeing a high level of activity aimed at mine development....