On January 26, the Japan Rubber Manufacturers Association (JRMA) announced its forecast for new rubber consumption in 2023 and 2024. According to the report, both Japanese domestic shipments and exports, on a rubber volume basis, of mainstay automotive tires in 2023 will be lower than in 2022. For industrial products, although the recovery of automobile production was a positive factor,...
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Bridgestone Europe has transferred its Russian operations to S8 Capital, a Russian investment company. The company has already obtained approval from the relevant authorities. The transfer includes the passenger car tire plant in Ulyanovsk and the sales company in Moscow. Bridgestone began full-scale operations in Russia in 1998, but ceased all production activities in Russia in March 2022. As part...
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On January 18, the Japan Automobile Tyre Manufacturers Association (JATMA) held its New Year’s Reception in Tokyo. JATMA chairman and president of Yokohama Rubber Masataka Yamaishi gave an opening address, saying, “The world situation is having a great impact not only on the political front, but also on the global economy. Until now, there has been a major trend of...
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Symbio, a joint venture between Michelin, Forvia and Stellantis, has completed the largest integrated fuel cell production site in Europe, SymphonHy. SymphonHy will by 2026 have the capacity to produce 50,000 fuel cell systems per year to support the promotion of low-carbon transportation for its customers for large-scale production. It is also part of HyMotive, supported by the European Union...
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Goodyear and electronic components manufacturer TDK will collaborate to develop next-generation tire solutions to accelerate the development and widespread use of integrated intelligent hardware and software for tires and vehicles. The companies aim to bring high-performance tire sensing systems to market by combining Goodyear’s expertise in tire development, intelligent solutions and industry trends with TDK’s technical capabilities in software, sensors,...
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Bridgestone Hosepower completed the acquisition of Cline Hose & Hydraulics in the U.S. on December 29, 2023. The acquisition of Cline will strengthen and accelerate the development of Bridgestone Hosepower’s hydraulic and industrial hose solutions and mobile van solutions business in the U.S. and expand its solutions network. Cline is a hydraulic hose and mobile service provider founded in 1948....
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