Industry

Bridgestone Moves to Expand EV Charging Infrastructure in Europe

Bridgestone Corp. (TYO:5108) recently announced that subsidiary Bridgestone EMIA has formed a long-term partnership with electric vehicle (EV) charging solutions company EVBox Group and its partner TSG Group. The companies will work to expand Europe’s EV charging infrastructure by utilizing the Bridgestone Group’s retail and service network. Established in 2010, EVBox is a leading provider of EV charging solutions, with...

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Bridgestone Tops Ordinary Profit Ranking in Japan’s Rubber Sector

Japan Rubber Weekly has conducted a study into the fiscal 2020 business results of 135 rubber-related manufacturing companies in Japan, allowing it to then rank these companies by their ordinary profit. Under the ranking, the top 96 companies had a combined ordinary profit of 274.19 billion yen ($2.51 billion) for fiscal 2020, while those 97th and below were not included...

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Japan’s Top 50 Rubber-Related Companies Hit Hard by COVID-19 in FY2020, Study Reveals

Japan Rubber Weekly has carried out a study into the fiscal 2020 business results of rubber-related companies across Japan. This revealed that the combined sales revenue of the top 50 companies came to just under 3.41 trillion yen ($31.12 billion), down 14.3 percent year-on-year, while the top 10 companies totaled just over 2.6 trillion yen, down 15.2 percent. The spread...

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Bridgestone Completes Azuga Acquisition

Bridgestone Corp. (TYO:5108) has completed its acquisition of Azuga Holdings Inc., a U.S.-based provider of fleet management solutions. The tire manufacturer has already received regulatory approval and carried out the relevant proceedings for this deal. Azuga has been valued here at $391 million, with adjustments then being made based on its working capital and the like to get the total...

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Zeon Launches Commercial Production of Acrylic Rubber in Thailand

Zeon Corp. (TYO:4205) subsidiary Zeon Chemicals Asia Co. Ltd. recently launched commercial production of acrylic rubber at a base in Rayong Province, Thailand. The Zeon Group has to date carried out its acrylic rubber production across three bases, these being located in Kawasaki and Kurashiki, Japan, and one in the U.S. By now adding commercial production in Thailand as well,...

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Goodyear Forms Strategic Collaboration With Plus to Improve Self-Driving Truck Technology

Goodyear Tire & Rubber Co. recently announced that it has formed a strategic collaboration with PlusAI Inc. (Plus), a global provider of autonomous driving technology for trucks. By supplying a suite of services here – including connected tires – Goodyear aims to help further improve the transportation efficiency and safety of trucks based on Plus’s Level 4 autonomous driving technology...

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