As previously reported, Japan left the International Rubber Study Group (IRSG) on June 30. Responding to a comment request from Japan Rubber Weekly, the Ministry of Economy, Trade and Industry (METI) explained the withdrawal by stating that while Japan recognizes the importance of the IRSG’s activities, the government determined that its own participation in the group was not strictly essential....
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METI Highlights Sumitomo Rubber for Program Promoting Companies With Excellent Health Management
Sumitomo Rubber Industries Ltd. (TYO:5110) has been chosen as part of the 2020 Health and Productivity Stock Selection Program, marking the first time for Sumitomo Rubber to be included in the program. Positions in the program were awarded to companies for having health care regulations that stipulate rules and risk levels around various health diagnoses, as well as for engaging...
Concern Around Market Slowdown for Rubber Products After Shipments Fall 4.6% in August
Concerning signs are appearing in the market for rubber products, which had until recently been trending well in terms of shipments. According to August shipment and production figures compiled by the Ministry of Economy, Trade and Industry (METI), Japan’s shipments of rubber products came to a total value of 166.77 billion yen ($1.53 billion) for the month, falling 4.6 percent...
Japan’s Rubber Product Shipment Value Rises 6.4% Year-on-Year for July
Japan’s shipments of rubber products this July came to a total value of roughly 211.04 billion yen ($1.97 billion), rising by 6.4 percent over the same month last year, according to figures put together by the Ministry of Economy, Trade and Industry (METI). Looking at individual product types, automotive tires up made 53 percent of the total here, and saw...
Japan Sees Rubber Product Shipment Value Rise 0.5% in First Half
Japan’s shipments of rubber products came to a total value of more than 1.15 trillion yen ($10.79 billion) for the first half of calendar 2019, marking a 0.5 percent increase over the same half last year. This is based on calculations from the Ministry of Economy, Trade and Industry (METI) regarding production and shipment figures for rubber products. Looking at...
Mitsui Chemicals Endorses White Logistics Movement, Plans Related Initiatives
Mitsui Chemicals Inc. (TYO:4183) recently announced its support of the White Logistics Movement, an initiative put forward by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Ministry of Economy, Trade and Industry (METI) and Ministry of Agriculture, Forestry and Fisheries (MAFF). To go along with its support here, Mitsui Chemicals has drafted up a list of relevant independent activities...