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Bridgestone Invests in Startup Company Developing Software for Autonomous Driving

on July 21, 2022 in Industry

Bridgestone has invested in Tier IV, a Nagoya-based startup company that develops software for autonomous driving. Tier IV leads the development of Autoware, the world’s first open-source software for autonomous driving. The company also provides various partners with the solutions necessary for the development and operation of self-driving vehicles. Autoware has all of the features needed for designing autonomous driving,...

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Bridgestone to Donate $1M to UN Road Safety Fund

on July 20, 2022 in Industry, Tires

Bridgestone will donate over the next four years a total of $1 million to the United Nations Road Safety Fund (UNRSF). The company aims to contribute to global road safety activities as road traffic crashes claim 1.35 million lives worldwide each year and are the leading cause of death among young people. More than 90 percent of these occur in...

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Toyoda Gosei to Bolster Supply by Investing Into Chinese Auto Parts Manufacturer

on July 20, 2022 in Industry

Toyoda Gosei is aiming to strengthen its supply network for interior and exterior auto parts in central China. Plans here are set to see the company invest in Wuhan Binyu Auto Part by leveraging Toyoda Gosei (China) Investment, a consolidated subsidiary for the Chinese market. Wuhan Binyu is part of the Yibin Group, which supplies interior and exterior auto parts...

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Sumitomo Rubber Receives Mentorship Award in the United States

on July 14, 2022 in Industry

A representative of Sumitomo Rubber has been awarded “Mentor of the Year 2022” by CenTiRe, a U.S. tire technology consortium. The Mentor of the Year award was created this year to recognize those who have made the greatest contribution in terms of guidance and support to academic researchers. CenTiRe is an industry-government-academia consortium involving the National Science Foundation (NSF), Virginia...

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Rubber Sheets: Market Trends, Industry Voices – Part 2

on July 13, 2022 in Industry, Market Background

While demand for automotive-related products has declined, demand for civil engineering and construction has remained strong. Steady progress in civil engineering and other construction work, which began to move in the second half of 2021, has led to demand for upper-level building-related projects. Demand was concentrated in the fourth quarter (January-March 2022), as construction work started moving quickly, especially in...

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Rubber Sheets: Market Trends, Industry Voices – Part 1

on July 13, 2022 in Industry, Market Background

Shipment volume of rubber sheets (plates) is declining. According to statistics compiled by the Japan Rubber Industry Association, shipments from January to May 2022 totaled 6,908 tons, down 7.3 percent from the same period last year. In 2021, the market recovered from the decline caused by the coronavirus pandemic and remained generally firm throughout the year. However, the recovery trend...

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