Bridgestone Corp. (TYO:5108) recently announced that Turkish affiliate Brisa Bridgestone Sabanci Tyre Manufacturing and Trading Inc. has formed an agreement to acquire an 88.89 percent stake in Arvento Mobile Systems, a digital fleet solutions provider that offers fleet management services to customers in the likes of Turkey and the Middle East. The base price for this acquisition has been set...
Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Monilife vital data monitoring equipment picked up for use in 9H Sleep Fitscan, a sleep analysis service offered by Tokyo-based capsule hotel operator Nine Hours Inc. The service launched earlier this month at a capsule hotel operated by Nine Hours in Tokyo. Monilife takes the form of a piezoelectric sensor based on...
Bridgestone Mining Solutions Australia Pty. Ltd., a group company of Bridgestone Corp. (TYO:5108), has acquired Otraco International Pty. Ltd., an Australian provider of off-road tire solutions for mining equipment. Valued at AU$79 million ($56.62 million), the acquisition from Downer EDI Ltd. was completed on Dec. 1 following regulatory approvals and the fulfillment of other such requirements. Otraco has skilled tire...
The Japan Rubber Manufacturers Association (JRMA) has released its forecast for rubber hose demand in 2022. According to the JRMA forecast, the slump in demand emanating from the pandemic will rebound next year, and production volume for new rubber products will rise for the first time in three years. Rubber hose demand for bicycles and high-pressure hoses has risen thanks...
Asahi Kasei Corp. (TYO:3407) has formed an agreement with Singaporean-based Shell Eastern Petroleum Pte. Ltd. regarding the purchase of sustainable butadiene derived from plastic waste and biomass. By the end of fiscal 2021, Asahi Kasei intends to introduce this sustainable butadiene at its synthetic rubber plant in Singapore, as well as use this butadiene here to begin producing and marketing...
Bridgestone Corp. (TYO:5108) has visited two Tokyo middle schools to hold a class on global communication, showing the students here how the ability to convey their ideas can better enable them to connect with the world. Taking the form of a workshop, the class focused on the importance of improving communication skills in order to better convey meaning. The class...
