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Sumitomo Rubber Group supports earthquake relief efforts

Falken’s parent company, Sumitomo Rubber Industries, Ltd. (SRI) and Sumitomo Rubber AKO Lastik Sanayi ve Ticaret A.Ş. (SAT) will provide relief supplies worth a total of 10 million Yen (equivalent to approx. 70,000 Euro) to the victims and those who are affected by the devastating earthquake that hit southern Turkey and northern Syria. The relief supplies consist of tents, sleeping bags and blankets worth 5 million yen (equivalent approx. 35,000 Euro) from SRI and groceries worth 5 million yen (equivalent to approx. 35,000 Euro) from SAT.

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  2. Bridgestone donates 1 million euros to earthquake appeal
  3. Yokohama Rubber gives 1 million yen to earthquake relief efforts
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Yokohama Rubber gives 1 million yen to earthquake relief efforts

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The Yokohama Rubber Co. Ltd. and its employee-backed Yokohama Magokoro Fund is giving a total of ¥1 million (¥500,000 each from the company and the Fund) to the Japanese Red Cross Society in support of relief efforts in the earthquake-stricken parts of Turkey and Syria.

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Bridgestone donates 1 million euros to earthquake appeal

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Bridgestone is donating 1 million euros to efforts to offer relief to those struck by the recent earthquake in Turkey and Syria. Writing in a statement released on 14 February, company officials said:

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Heads roll at Toyo in light of earthquake dampner scandal

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On 23 June Toyo Tire & Rubber Co., Ltd. chairman Akira Nobuki resigned and executive corporate officer Tetsuya Kuze was demoted in order to take responsibility for Toyo Chemical Industrial Products Co., Ltd.’s sale of non-compliant seismic isolation rubber products. Four more executives announced their retirement. All the personnel changes take effect from 1 July 2015.

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Non-certified Toyo earthquake aborbers found in 90 more buildings

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90 more buildings in Japan were constructed with earthquake shock absorption devices that did not meet certification standards. According to The Japan Times, this brings the latest figure brings the total to 145. The report also quotes Toyo as saying four employees may have been involved in falsifying performance data on the quake-absorbing rubber equipment.

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  4. Toyo Tire net sales down 9.8% in Q1
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Toyo Tire anti-quake rubber controversy sends shockwaves through share price

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Toyo Tire & Rubber Co.’s share plummeted by the most in four years this week after the company revealed that a rubber product it sold as a building material for protecting against earthquakes failed to meet the necessary certification. The news, which was released in an official statement on 13 March, revealed that that its […]

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Related news:

  1. Rosneft buys 13 per cent of Pirelli
  2. Non-certified Toyo earthquake aborbers found in 90 more buildings
  3. Heads roll at Toyo in light of earthquake dampner scandal
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