Yokohama Rubber Co. Ltd. (TYO:5101) announced on Oct. 15 that it has decided to adopt a new, sustainability-focused procurement policy for natural rubber. The new policy will serve to highlight Yokohama Rubber’s stance on natural rubber procurement, a range of efforts that the company is making in the area and any relevant requests for suppliers. Plans are to implement the...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has adopted a procurement policy for sustainable natural rubber. The company will use this to detail its stance and efforts with regard to natural rubber procurement – as well as any related requests made to suppliers – and plans to implement the policy throughout the entirety of its group’s supply chain....
Rubber sheet manufacturer Tigers Polymer Corp. (TYO:4231) recently released strong business results for the first half (April–September) of the fiscal year ending March 2018. Robust results in the company’s rubber sheet business were evidenced by a nearly double-digit increase in revenue year-on-year. Demand from Tigers Polymer’s main customers in the civil engineering, construction and automotive industries was sluggish in the...
Japan’s import volume of natural rubber (NR) for 2016 decreased 3.3 percent year-on-year, falling to 655,312 tons, according to data compiled by the Rubber Trade Association of Japan from the Trade Statistics of Japan. Import value decreased 23.6 percent, dropping to 99.59045 billion yen ($875.59 million). The average import price fell 20.9 percent to hit 152 yen per kilogram, dropping...
Yokohama Rubber Co. Ltd. (TYO:5101) has voiced its support for and joined the Sustainable Natural Rubber Initiative (SNR-i) to make natural rubber a sustainable resource. The initiative is advocated by the International Rubber Study Group (IRSG), an intergovernmental organization formed by governments of synthetic rubber producers and consumers. The SNR-i has set five goals: support for greater productivity; enhanced quality...
Rubber consumption will see its first annual increase in six years, according to a forecast by the Japan Rubber Manufacturers Association (JRMA). Combined total consumption of natural and synthetic rubber in 2017 is expected to reach 1.2932 million tons, up 0.6 percent year on year. However, total rubber consumption in 2016 is expected to fall for the fifth straight year,...
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