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  • Shin-Etsu Chemical to Raise Price of Polyvinyl Chloride Resin From July 1 Jun. 12, 2024
    Shin-Etsu Chemical announced on May 31 that it will raise the selling price of polyvinyl chloride resin (PVC) for the Japanase domestic market by more than 15 yen ($0.10) per kilogram starting for deliveries from July 1. Regarding this price increase, Shin-Etsu Chemical said, “Raw material prices have remained high, partly due to the effects […]
  • Taiyo Vinyl Set to Increase Polyvinyl Chloride Resin Price From July 1 Jun. 12, 2024
    Taiyo Vinyl announced on June 5 that it will raise prices of polyvinyl chloride resin (PVC) by more than 17 yen ($0.11) per kilogram for deliveries from July 1. Regarding the price increase, the company said, “The unprecedented changes in our cost structure, such as the recent sharp rise in repair and maintenance costs of […]
  • Togawa Rubber to Hike Prices for EPT Sheets and Some Natural Black Rubber Sheets Jun. 11, 2024
    Togawa Rubber plans to revise the prices of its L-100 ethylene-propylene rubber (EPT) sheet with a hardness of 65° for shipments on July 1, and its BL-100 natural black rubber sheet with a hardness of 65° for shipments on October 1. The company said that the price revision is due to the following reasons: “For […]
  • Bridgestone to Address EUDR-compliant Products and Other Issues Jun. 11, 2024
    While Bridgestone aims to expand tire sales in its tire business in Europe this fiscal year, the company is rushing to address the impact and outlook of EUDR-compliant natural rubber procurement costs by promoting activities to realize a sustainable supply chain based on its Global Sustainable Procurement Policy. Products using natural rubber, such as natural […]
  • Kohshin Retread Inaugurates New Head Office and Plant, Doubles Capacity Jun. 10, 2024
    Kohshin Retread, a wholly owned subsidiary of Kohshin Rubber that manufactures and sells retread tires, held a ceremony on June 6 to mark the completion of its new headquarters and plant in the Watari Chuo Industrial Park, which will begin operations on June 10. The new headquarters and plant consist of an office building, a […]
  • Fukoku Launches New Medium-Term Management Plan Jun. 7, 2024
    Fukoku, a manufacturer of automotive rubber products, presented on May 22 its new medium-term management plan, which started this fiscal year and will end in fiscal 2027. In addition to the two business strategies of “strengthening existing businesses” and “expanding growth and new businesses,” the new medium-term plan aims to maximize profitability by reforming the […]
  • Nishikawa Rubber Formulates Global Medium- to Long-Term Management Plan for 2030 Jun. 6, 2024
    Nishikawa Rubber, a Hiroshima-based manufacturer of sealing products and industrial rubber products, has formulated its “2030 Global Medium- to Long-Term Management Plan.” The company aims to achieve sales of 130 billion yen ($833.75 million) or more, operating income of 13 billion yen or more, operating margin of 10% or more, ROE of 9% or more, […]
  • Mitsuboshi Belting Announces New Mid-Term Management Plan Jun. 5, 2024
    Mitsuboshi Belting, a manufacturer of industrial rubber products and rubber belts, announced at a financial result briefing on May 20 the outline of its new ’24 Mid-Term Management Plan, which will run through fiscal 2026. The company’s ideal state for fiscal 2030 is to “establish a strong corporate structure that is resilient to change,” and […]
  • Germany’s HF TireTech to Enter Japanese Market With Tire Manufacturing Curing Presses Jun. 4, 2024
    The HF TireTech Group, headquartered in Hamburg, Germany, has high hopes for entering the Japanese market with its tire manufacturing equipment products. HF is a 165-year-old rubber machinery manufacturer. Since its establishment, the company has supplied more than 7,000 tire manufacturing vulcanizing presses, and has established partnerships with the world’s top 10 tire manufacturers. With […]
  • Nippon A&L Raises Prices of Synthetic Rubber Latex Products Jun. 4, 2024
    Nippon A&L said on May 27 that it will raise the prices of its synthetic rubber latex products for delivery on July 1. The price increase will be 25 yen ($0.16) or more per kilogram for paper processing latex as well as other latex. The company commented on the price increase, “It has become difficult […]

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fujitsu supermarket ai Fujitsu Tests AI Customer Service Solution in Japanese Supermarket Aug. 7, 2023. - Fujitsu has begun testing an innovative AI module in a Japanese supermarket that generates AI avatars and tailors promotional content based on consumer behavior. The field trial, run in collaboration with the Retail AI Institute, is taking place from August 3 to October 15 at Aruk Mitajiri stores operated by supermarket chain Marukyu in Hofu City, Yamaguchi Prefecture, Japan. This […]
jetro Global Trade Suffers Amid Fragmentation, Warns JETRO 2023 Report Aug. 4, 2023. - According to the World Trade and Investment Report 2023 by the Japan External Trade Organization (JETRO), global trade is faltering due to a myriad of international conflicts and geopolitical risks. The report indicates that enduring tension in Ukraine, an uptick in trade restrictive measures, and the uncertain relationship between the U.S. and China are undermining the principles of free trade. […]
Japan and Germany Co-Develop Standard for Automated Valet Parking Aug. 3, 2023. - In a significant step towards efficient urban mobility, an international standard for “automatic valet parking” co-developed by Japan and Germany has been officially issued. This system leverages autonomous vehicle technology to navigate vehicles into parking spaces in large facilities, improving utilization of parking space and user convenience, reducing accidents, and cutting CO2 emissions. Large complexes, shopping malls, theme parks, and […]
yokohama mhi ccu Yokohama Spearheads Japan’s First Waste-to-Energy CO2 Capture Demonstration Experiment Aug. 2, 2023. - The City of Yokohama, Tokyo Gas, Mitsubishi Heavy Industries (MHI) and MHI Environmental & Chemical Engineering (MHIEC) have launched a pioneering demonstration experiment aimed at capturing and utilizing CO2 emissions from a local waste-to-energy plant. The project, based in Tsurumi-ku, Yokohama, is the first of its kind in Japan and involves the separation and capture of CO2 from plant flue […]
Mitsui Chemicals Spearheads Development of Advanced Carbon-Neutral Naphtha Cracking Tech Aug. 1, 2023. - In an ambitious move towards carbon neutrality, Mitsui Chemicals has partnered with Microwave Chemical and Chiyoda Corporation to develop a pioneering naphtha cracking technology, the M-Cracker. The New Energy and Industrial Technology Development Organization (NEDO) adopted this initiative under its program for advancing research, development and social implementation of energy-saving technologies to realize a decarbonized society. Japan’s petrochemical industry annually […]
Japan’s Cabinet Greenlights Strategy for Decarbonized, Growth-Centric Economy Aug. 1, 2023. - In a bid to promote energy stability amid ongoing global challenges and to accelerate the transition to a low-carbon economy, the Japanese Cabinet approved the “Strategy for Promoting the Transition to a Decarbonized Growth-Oriented Economic Structure” (GX Promotion Strategy) on July 28. This approval follows the enactment of several key policies earlier this year, including the “GX Promotion Law” and […]
Ministry of Economy, Trade and Industry (METI) Japan’s METI Launches Committee to Accelerate Generative AI Development Jul. 31, 2023. - The Ministry of Economy, Trade and Industry (METI) has formed an expert committee to propel the development of generative AI technology. The initiative aims to establish a support scheme for companies developing competitive base models in the fast-evolving field of generative AI. This advanced technology is predicted to have a transformative impact on industrial activities and daily life, tackling social […]
new 10000 yen note New Series of Japanese Bank Notes to Launch in July 2024 Jul. 28, 2023. - The Japanese Ministry of Finance has announced that the new series of Bank of Japan notes, designed to strengthen anti-counterfeiting measures, will start circulating in the first half of July 2024. The initiative follows the decision made by the Ministry in April 2019 to produce a new series of notes to enhance the country’s ability to prevent counterfeiting and fraud. […]
tokyo toyota arena Toyota Breaks Ground on Tokyo’s Next-Gen Sports Complex, Set for Fall 2025 Opening Jul. 26, 2023. - Toyota Motor, Toyota Fudosan, and Toyota Alvark Tokyo announced the groundbreaking for the construction of the highly-anticipated Tokyo A-Arena in the Odaiba Aomi area. Toyota Fudosan hosted the ceremony to commemorate the start of this ambitious project. Expected to be completed in June 2025, the arena aims to begin operations in the fall of the same year. Situated on the […]
mitsui chemicals pellicle Mitsui Chemicals Targets Global Leadership in Pellicle Manufacturing Jul. 25, 2023. - Mitsui Chemicals has announced the inauguration of its new affiliate, Mitsui Chemicals EMS Corp., which started operations on July 1, 2023. The newly established company is built on the pellicle business acquired from Asahi Kasei. As a leading provider of FPD pellicles, used in the LCD panel exposure process, this business has established a strong market presence. The company also […]
ntt kyuden mitsubishi 1 Japan Heralds New Era of Solar Power with Launch of Grid-Scale Battery System Jul. 24, 2023. - NTT Anode Energy Corporation, Kyushu Electric Power Company (Kyuden), and Mitsubishi Corporation officially started operations of a 1.4 MW / 4.2MWh grid-scale battery storage system in Tagawa-gun, Fukuoka Prefecture, marking a significant milestone in Japan’s journey toward renewable energy. The implementation of this system is expected to boost the country’s use of solar power by minimizing the necessity for solar […]
Toyo Ink Unveils Nano-Silver Sintering Paste for Enhanced Power Die Bonding Jul. 21, 2023. - Toyo Ink SC Holdings, the parent company of specialty chemicals firm Toyo Ink Group, has developed a silver nanoparticle paste for die-attach applications. This lead-free material is engineered to meet the needs of next-generation power electronics, capable of sintering at low temperatures under both pressureless and pressure-assisted methods. The silver nanoparticle paste, born from the company’s Corporate R&D Division, caters […]
Denso to Negotiate Transfer of Combustion Engine Parts Operations to Niterra Jul. 19, 2023. - Automotive parts supplier Denso has signed a memorandum of understanding (MOU) to negotiate the transfer of certain internal combustion engine parts operations to Niterra. The move comes as the automotive industry accelerates its shift toward electrification in the push for carbon neutrality. The sector continues to develop internal combustion engines, accounting for regional and country-specific energy situations and fuel usage. […]
mitsubishi shipbuilding lng tank Mitsubishi Shipbuilding Bags Order for LNG Systems from Imabari Shipbuilding Jul. 17, 2023. - Mitsubishi Shipbuilding, a Yokohama-based subsidiary of Mitsubishi Heavy Industries, has secured an order for 12 units of its liquefied natural gas (LNG) fuel gas supply system (FGSS) from Imabari Shipbuilding. The order includes high-pressure systems for nine LNG-fueled car carriers and three bulk carriers. The units are set to contribute significantly to the decarbonization of the marine environment with a […]
Fujitsu and IHI Collaborate on Blockchain Project for Environmental Value Exchange Market Jul. 12, 2023. - Fujitsu and IHI Corporation have made significant progress in their joint project, which aims to contribute to carbon neutrality and establish an environmental value distribution platform supporting environmental value transactions. The project, initiated in fiscal year 2022, focuses on simplifying the environmental value creation process and preparing for the issuance of J-Credit, a carbon credit system. Under the initiative named […]