Bridgestone to Raise Japanese Prices of Seismic Isolation Rubber

Bridgestone on June 10 announced a 14% average price increase for its seismic isolation rubber for Japanese domestic manufacturers, effective from June. “In recent years, rising raw material prices, coupled with domestic social and economic conditions, have driven up logistics and energy costs for production and supply. Despite efforts to improve productivity, we determined that absorbing these costs through internal…