Automobile transmission belt manufacturer Mitsuboshi Belting has switched the energy used at its Kobe Works and Shikoku Plant to alternative sources that can contribute to reducing carbon emissions. The move follows the installation of solar systems on the roofs of the Kobe Works’ Central Plant’s third and fourth buildings in November 2021 and is part of the company’s efforts to...
Bando Chemical Industries Ltd. (TYO:5195) and Tosoh Corp. (TYO:4042) have been selected to receive backing for a joint project of theirs from the New Energy and Industrial Technology Development Organization (NEDO). This comes as part of a NEDO initiative to develop cellulose nanofiber (CNF)-related technology capable of helping to achieve a carbon-recycling society. Set to run over fiscal 2020–2024, the...
Japan’s domestic production of transmission belts fell 2 percent year-on-year in 2018 to end at 11,701 tons, according to statistics from the Japan Belting Manufacturers Association. General-purpose industrial products performed well for the year, with demand increasing for use in the likes of semiconductor production equipment, injection molding machines, machine tools and industrial robots. This was offset, however, by a...
The Japan Belting Manufacturers Association recently released statistics showing Japan’s domestic production of transmission belts to have increased 2 percent year-on-year for 2017, reaching a total of 11,985 tons. While automotive demand stalled, demand for general industrial applications was solid. Increased demand was seen for applications such as semiconductor manufacturing equipment, injection molding machines, machine tools and industrial robots. Looking...
Bando Chemical Industries Ltd. (TYO:5195), a manufacturer of automotive rubber components and belts, is focusing on Asia as part of its current medium- to long-term management plan, which it has been following since fiscal 2013. With one of this plan’s guidelines targeting the “evolution of global market strategy,” the company has set Asia as a high-priority region, and aims for...
The Japan Belting Manufacturers Association recently published a 2018 demand forecast for rubber and resin belts. As part of the report, the association estimated the 2017 production volume of rubber belts at 26,694 tons, marking a 1 percent year-on-year increase and a third consecutive year below 30,000 tons. While transmission belt production stayed flat for 2017, conveyor belt production rose...
