Tuesday, 5 September 2017

POLYPLASTICS REPORTS STRONG GROWTH FOR DURACON (R) POM FOR GEAR/BEARING MARKETS

TOKYO, Sept. 5, 2017 /Kyodo JBN-AsiaNet/ --

Polyplastics Co., Ltd. reports strong global demand for its high sliding grades of DURACON (R) polyoxymethylene (POM) resin which are based on the company's leading-edge noise reduction technology. These materials are specially designed for plastic gears and bearings for audiovisual devices, office automation systems, home appliances, and automotive components.

Photo: http://prw.kyodonews.jp/img/201709045272-O2-516mUV2a
Logo: http://prw.kyodonews.jp/img/201709045272-O1-Q2C5A5HO

DURACON POM holds about a 60% share of the Japanese POM resin market, and roughly 30% of the global market, says Polyplastics. Noise reduction grades account for approximately 6% of the total sales volume of DURACON POM.

Among crystalized resins, POM is used in the majority of gear applications instead of resins such as PA and PBT due to its superior strength and stiffness in a temperature range of 60C to 80C (140F to 176F), which is typical for office automation and automotive applications.

Polyplastics' line of high sliding grades includes DURACON (R) POM NW-02, an all-purpose material with both advantages of PE-alloy-type and non-alloy-type grades. It is the highest selling among the high sliding grades suitable for various conditions and applications, and used in many industries including office automation and automotive components.

DURACON (R) POM SW-01 is an alloy-type grade that is suitable for high-pressure sliding conditions. It has achieved success in the automotive industry for such components as bearings and cams whose requirements can't be filled by conventional noise reduction grades. DURACON (R) POM LW-02 is a non-alloy-type grade which was recently developed to meet the more stringent requirements of office automation component and equipment manufacturers in the areas of wear, fatigue, and noise.

About Polyplastics

Polyplastics Co., Ltd. is a global leader in the development and production of engineering thermoplastic solutions. The company's broad product portfolio includes POM, polybutylene terephthalate (PBT), polyphenylene sulfide (PPS), and liquid crystal polymer (LCP). The company has the largest global market share of POM. With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources capable of creating advanced solutions for an ever-changing global marketplace.

For more information, visit https://www.polyplastics.com/en/docs/lp/201709_01/index.vm

DURACON (R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.

Source: Polyplastics Co., Ltd.

INTERNATIONAL ARRIVALS TO AFRICA REACH MORE THAN 18 MILLION IN 2017 - DRIVEN BY DIGITALISATION AND NICHE TOURISM

CAPE TOWN, South Africa, Aug 30 (Bernama-BUSINESS WIRE) -- Market Research Company Euromonitor International revealed today the key trends shaping travel and tourism in Africa at the 41st Annual World Tourism Conference in Kigali, Rwanda.
 
According to Euromonitor International’s new data, international arrivals to Africa grew by 6.5 percent in 2017, to reach 18,550 million, up from 16,351 million in 2012. Key markets such as South Africa, Kenya, Nigeria, Mozambique, Cameroon, Mauritius and Tanzania accounted for 70 percent of international trips to the Sub-Saharan African region.

This growth can be attributed to digital integration and increasing interaction between hotels, airlines, and car rental companies, using platforms such as social media, meta-search engines and the penetration of online travel agents. Other drivers include a growing short-term rental market, luxury travel, niche tourism, Meetings Incentives Conferences Exhibitions (MICE) and an increasing focus on domestic tourism.

“Many countries are moving away from only promoting Africa as a traditional safari destination, exploring other niche categories such as beach and medical tourism. The travel and tourism market continues to introduce products that suit different type of travellers, accounting for strong growth in major cities across Sub-Saharan Africa,” says Euromonitor Research Analyst Christy Tawii.

Euromonitor predicts that growth in international arrivals to Sub-Saharan Africa will reach 25,000 million trips by 2022. Arrivals to Africa are expected to see continued growth, driven by increased interest from overseas visitors due to competitive rates in comparison to other destinations with a similar offer. Aggressive brand marketing campaigns and the introduction of new and increased direct air connectivity to and from major overseas markets, is also expected to boost inbound arrivals to the region. Key economies such as South Africa and Nigeria can expect strong growth in inbound trips.

For more information, please visit: http://blog.euromonitor.com/2017/02/economies-2017-top-10-african-cities-growth-2017.html

About Euromonitor International

Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.
 
Contacts
Euromonitor International
Ayesha Makuyi
Communications Executive
Tel: +27 21 524 3000
Ayesha.Makuyi@euromonitor.com
 
Source: Euromonitor International
 
View this news release online at:
http://www.businesswire.com/news/home/20170829005899/en

--BERNAMA

NORTHERN TRUST NAMES YEN LENG ONG AS COUNTRY HEAD SINGAPORE AND HEAD OF SOUTH EAST ASIA

NORTHERN TRUST NAMES YEN LENG ONG AS COUNTRY HEAD SINGAPORE AND HEAD OF SOUTH EAST ASIA

TACONIC BIOSCIENCES SPONSORS CUSTOM MODEL TO SUPPORT KABUKI SYNDROME, A RARE DISORDER CAUSING INTELLECTUAL DISABILITY

HUDSON, N.Y., Sept 5 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered rodent models and associated services, is funding the development of a custom mouse model to study Kabuki syndrome, a rare genetic disorder. Taconic is donating model generation services as a third-time sponsor of the Rare Disease Science Challenge, BeHEARD. Hosted by the Rare Genomics Institute, the Rare Disease Science Challenge is an annual event in which industry sponsors donate services to accelerate rare disease research.

Characterized by mild to moderate intellectual disability, stunted growth, immune dysregulation, and hearing loss, Kabuki syndrome is caused by mutations in the KMT2D or KDM6A genes. Taconic will use CRISPR/Cas 9 gene editing technology to develop the first Kmt2d missense mouse model of Kabuki syndrome and generate a cohort of mice for study. In parallel, Taconic will cryopreserve and store the mouse line.

http://mrem.bernama.com/viewsm.php?idm=29960

WESTCON-COMSTOR COMPLETES SALE OF ITS AMERICAS BUSINESSES TO SYNNEX

Transaction creates a unified-to-market structure that benefits vendors and solution providers through unparalleled reach, scale and efficiency

TARRYTOWN, N.Y., Sept 5 (Bernama-GLOBE NEWSWIRE) -- Westcon-Comstor announced today that its parent company, Datatec Limited, has completed the sale of its North America and Latin America distribution business (“Americas”), as well as a minority share in its Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) business, to SYNNEX Corporation (NYSE:SNX), a Fremont, California-based company.

http://mrem.bernama.com/viewsm.php?idm=29957

A.M. BEST COMMENTS ON CREDIT RATINGS OF SOMPO JAPAN NIPPONKOA INSURANCE INC.

HONG KONG, Sept 5 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Sompo Japan Nipponkoa Insurance Inc. (SJNK) (Japan) remain unchanged following its announced sale of Sompo Canopius AG (Canopius) (Switzerland).

This commentary follows SOMPO Holdings, Inc.’s (Sompo) announcement on Sept. 1, 2017, that its wholly owned subsidiary, SJNK, has entered an agreement to sell 100% of its shares in Canopius to Fortuna Holdings Limited, an affiliate of Centerbridge Partners, L.P. (Cayman Islands).

http://mrem.bernama.com/viewsm.php?idm=29954

SNAPSHOT MILLIONAIRE SHOOTS FOR $1.1 MILLION USD PHOTOGRAPHY COMPETITION

PERTH, Australia, Sept. 5, 2017/Medianet International-AsiaNet/ --

Embargo 1st Sept

Aussie startup company Snapshot Millionaire aims to give away more than $1 Million dollars in what's expected to be the richest amateur photography competition the world has ever seen.

At $2 USD for each photo entered and multiple entry discounts, the contestant funded First Prize alone tops out at an expected $1 Million dollars.

http://mrem.bernama.com/viewsm.php?idm=29938