Rubber manufacturer Bando Chemical Industries Ltd. (TYO:5195) experienced turbulent sales in fiscal 2016. After early months showed a year-on-year downturn, the company recovered in the latter half of the year, most notably in the January–March period. But in an industry moving toward electric vehicles, how does Bando Chemical plan to respond to concerns around declining automotive belt sales? Japan Rubber...
The production volume of rubber belts for 2016 fell 7 percent from the previous year, dropping to 26,373 tons, according to statistics from the Japan Belting Manufacturers Association. Conveyor belt production declined 13 percent, down at 14,607 tons. This came as a consequence of a 16-percent year-on-year drop in exports, with a significant depression in exports for mines in Australia....
According to statistics by the Japan Belting Manufacturers Association, the production volume of rubber belts for 2017 is expected to largely remain the same as 2016, at 26,339 tons. Both conveyor and transmission belt production is also expected to be about the same as 2016. This would mark the third year in a row that rubber belt production has been...
Forbo Siegling Japan Ltd., the Japanese subsidiary of the Swiss plastic belt manufacturer, has been enjoying brisk sales. Year-on-year net sales of belts from January through August rose by a rate in the mid-single digit range. Earnings from the food sector made a major contribution to the increase, with bread and confectionery manufacturers accounting for a significant share of the...
As announced by the Japan Belting Manufacturers Association, sales for rubber and resin conveyor belts over January–June saw a decrease in demand for rubber conveyor belts used in their primary space of big steel. Sales to blast furnace manufacturers were down 1 percent year-on-year. Meanwhile, sales to companies involved in big steel were down 45 percent, which was the highest...
According to statistics recently collated by the Japan Belting Manufacturers Association, the production volume of resin belts for the first half of the year was 514,892 square meters, a 4 percent increase over that for the same period last year. By unit type, polyvinyl chloride (PVC) belts rose 1 percent and polyurethane belts were up 6 percent, with all other...
