Demand for plastic belts remains strong. Although demand from the logistics industry due to the booming online shopping business has slowed down, both production volume and shipment value have been higher than the previous year, supported by stable demand from the food industry. In the future, demand for logistics is expected to pick up again due to the construction of...
While Japanese domestic automobile production is on a certain recovery track, synthetic rubber sales are struggling. In addition to the economic slowdown in the U.S. and Europe, and demand in China not picking up as much as expected, a major factor is inventory adjustment. According to a synthetic rubber manufacturer, “inventory adjustment will probably take the entire first half of...
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