Bridgestone has signed an agreement to transfer its group company, Mexico Carbon Manufacturing (MXCB) — a manufacturer and seller of carbon black — to Cabot Corporation. The move is part of Bridgestone’s ongoing initiatives to accelerate the establishment of a foundation for “growth with quality.” In its premium tire business, the company is pursuing enhanced productivity and creativity across the...
Yokohama Rubber has announced that it has acquired an additional 22.98% stake in Shandong Yokohama Rubber Industrial Products, a consolidated subsidiary engaged in the production and sales of conveyor belts in China. With this acquisition, combined with the 77.02% stake it already held, the company has made Shandong Yokohama a wholly owned subsidiary. The transaction was completed on July 18....
Toyoda Gosei has invested in Helical Fusion, a startup focused on commercializing nuclear fusion power generation, seen as a promising future energy source. Nuclear fusion power generates high-output energy from CO2-free nuclear reactions, using abundant fuel sources like deuterium found in seawater. Considered easier to control than nuclear fission used in traditional nuclear power, it is driving a global race...
Sumitomo Rubber Industries and NEC Corporation signed a memorandum of understanding to form a strategic partnership aimed at building a globally competitive research and development framework and exploring new business opportunities. The collaboration seeks to transform traditional R&D approaches in manufacturing, address societal challenges, and create new core businesses. The two companies have previously collaborated, notably in 2022, when they...
Osaka-based trading company Hanwa has announced that its Thai subsidiary, Hanwa Thailand, has signed a basic agreement with Thai waste tire collection and tire chip manufacturing companies Pralan Energy and R&T (2018). The agreement covers the supply of tire chips, which will be promoted as an alternative to coal fuel both domestically and internationally. Around the world, large quantities of...
Bridgestone has announced that it has signed an agreement to transfer to SBS Holdings 66.6% of the shares in its wholly owned subsidiary Bridgestone Logistics. Through this partial transfer, Bridgestone aims to strengthen management resources and support the continued growth of Bridgestone Logistics. Bridgestone Logistics has been advancing initiatives to enhance the efficiency and sustainability of tire logistics. These efforts...
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