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TORAY INDS INC establishes a new production base for high-performance Resin compounds in China.
TORAY INDS INC <3402.T> announced on the 23rd that its subsidiary in Hong Kong, which oversees the resin business in China, has decided to establish a new production base for high-performance resin compounds used in automotive electrical components and electrical/electronic connectors, known for their heat resistance, chemical resistance, and mechanical strength. The compound equipment will be introduced to the local production subsidiary, TORAY Resin Technology (Foshan) in Guangdong Province, aiming for operation starting in April 2025. With this new establishment, the existing resin compound base is.
TORAY INDS INC has developed an ultra high-damping nylon Resin with four times the damping properties of butyl Rubbers.
On the 22nd, TORAY INDS INC announced that it has developed an ultra-high vibration-damping nylon resin that maintains the high-temperature rigidity and moldability of nylon resin while having four times the vibration damping ability compared to general vibration-damping material (butyl rubbers). The company plans to provide samples to customers with the expectation of applying the developed ultra-high vibration-damping nylon resin as a new material that creates a comfortable interior space in EVs (electric vehicles) and self-driving cars. It aims for full-scale production by the 26th fiscal year using existing facilities.
The Nikkei average fell by 121 yen, and after the selling subsided, the decline narrowed in the afternoon session on the 17th.
On the 17th, the Nikkei average fell by 121 yen and 14 sen from the previous day to 38,451 yen and 46 sen in the afternoon session. The TOPIX (Tokyo Stock Price Index) continued to decline, down 8.89 points to 2,679.42 points. Following the drop in US stocks on the 16th and the rise in the yen, selling pressure on Japanese stocks also started in the morning. Additionally, caution regarding the possibility of a Bank of Japan interest rate hike in January continued to weigh on the market, with the Nikkei average hitting 38,055 yen and 68 sen, down 516 yen and 92 sen, at 10:55 AM. However, the sentiment...
Blue Origin aims to launch rockets with reusability in mind.
[Space Business] Blue Origin, the space development company founded by Amazon's founder Jeff Bezos, has successfully launched its newly developed rocket aimed at reusability for the first time. It has been reported that Blue Origin is expected to fully enter the launch business with this new rocket. <7203> TOYOTA <7721> TOKYO KEIKI <2359> CORE <3004> SHIN-EI <3401> TEIJIN <3402> TORAY INDS INC <3524> NITTO MOUS <4202> DAI.
The Nikkei average fell by about 410 points, and with the decline in U.S. stock Index ETFs, it is searching for lower values = in the first half of the day.
On the 10th at around 10:05 AM, the Nikkei average was trending downwards by approximately 410 yen, around 39,190 yen. At 10:03 AM, it reached a low of 39,166.05 yen, down 439.04 yen. The US stock market was closed on the 9th due to the state funeral of former President Carter. With few clues available, the weak movement continued from the previous day's decline, starting with selling. Additionally, in Extended hours trading, US stock index Futures are also falling, and on the 10th, the US December employment statistics will be released.
Toray Industries Buys Back 7.2 Million Shares in December 2024