Japan has seen strong performance in rubber production and revenue over the first three quarters of calendar 2018, according to figures from the Ministry of Economy, Trade and Industry (METI). Shipments over the period generated approximately 1.71 trillion yen ($15.14 billion) in total revenue, METI found – marking an increase of 4.8 percent over the same period last year. Looking...
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Toyo Tires Joins Event to Achieve Workplace Reform Through Home-Based Work, Flexible Hours
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has announced that it will endorse and join as a member of the 2018 Telework Days event, a national movement backed by the Ministry of Economy, Trade and Industry (METI) as part of a push for workplace reform. The rubber company has already been looking to better handle fluctuations in business with a...
Sumitomo Riko, Nagoya University Advance Joint Research on Heat Management for Organic Materials
Sumitomo Riko Co. Ltd. (TYO:5191) and Nagoya University recently entered into the second year of a collaborative research agreement under the Ministry of Economy, Trade and Industry (METI). Formed last April, the agreement targets joint research into heat management for organic materials. Looking to accelerate the deployment of heat management measures in materials technology, this comprehensive agreement targets four annual...
ISO Issues New Standards to Determine Biobased Content of Rubber Products
The International Organization for Standardization (ISO) has issues new international standards for the determination of biomass-based (biobased) content of rubber and rubber products based on a proposal filed by Japan. Aiming at the popularization of rubber products derived from biomass raw materials to decrease environmental burdens and reduce the consumption of petroleum resources, the standards are expected to contribute to...
Shipment Value of Rubber Goods Declines 1.4 Percent in January
According to rubber production and shipment figures released by the Japanese Ministry of Economy, Trade and Industry (METI), the shipment value of rubber goods for January 2017 was 157.8 billion yen ($1.42 billion). The figure shows a year-on-year decrease of 1.4 percent and a negative turnaround following an increase in December 2016. The production volume of automotive tires was down...
Rubber Hose Production, Shipment Value Drop Slightly in 2016
Both production volume and shipment value of rubber hoses were slightly down year-on-year for 2016, according to records collated by the Japan Rubber Hose Manufacturers Association. Based on statistics from Japan’s Ministry of Economy, Trade and Industry (METI), the records reveal that production volume of hoses for 2016 was 34,621 tons in terms of new-rubber volume, which represents a year-on-year...