The Michelin Group recently announced that it has formed a partnership with Canadian startup company Pyrowave Inc. Through this partnership, Michelin will look to make a speedy entry into the market for plastic waste recycling technology. A total of more than 20 million euros ($24.53 million) is set to be invested into joint development here, with an industrial demonstrator slated...
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JATMA Expects Japan’s Automotive Tire Demand to Grow 5% Next Year
Japanese demand for automotive tires is expected to improve year-on-year across all product categories next year, totaling 174.75 million tires. This would mark a 5 percent increase over demand levels seen in 2020, though a 9 percent decrease when compared to 2019. These figures come from a tire demand forecast put together by the Japan Automobile Tyre Manufacturers Association (JATMA)....
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Bridgestone Makes CDP’s Climate Change A List
Bridgestone Corp. (TYO:5108) has been selected as a “climate change A List” company – indicating excellent efforts in dealing with climate change – by CDP, a non-governmental organization focused on the environment. The examination for this year took in over 5,800 companies, of which Bridgestone was selected as one of 270 to get onto the climate change A List. As...
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Toyoda Gosei, Tokyo University Team up to Develop Cross-Linking Technology for Stronger Rubber
Toyoda Gosei Co. Ltd. (TYO:7282) has worked with the University of Tokyo’s Graduate School of Frontier Sciences to develop a cross-linking technology that enables stronger synthetic rubber. Rubber using this technology not only offers better physical strength against impacts and friction but is also resistant to rupturing. The new technology works by chemically integrating a polyrotaxane – a polymer with...
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Bridgestone Launches Digital Solution Service for Remote Tire Monitoring in Japan
Bridgestone Tire Solutions Japan Co. Ltd. (BTSJ) has started offering a new digital solution service to truck and bus operators in Japan. Launched on Dec. 7, the service utilizes Bridgestone Corp.’s (TYO:5108) Tirematics technology to help these operators monitor tire pressure remotely. Tirematics facilitates tire monitoring by using the cloud to share tire pressure information with, for example, operations managers...
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Toyo Tires President Takashi Shimizu Hints at Focuses of Company’s Next Five-Year Plan
Toyo Tire Corp. (TYO:5105) President Takashi Shimizu recently outlined the approach that the company will take going forward, including on the direction of the company’s next five-year medium-term management plan, which is slated to start in fiscal 2021. While Toyo Tires’ current five-year plan touts lofty goals of reaching high numerical targets, Shimizu noted that for the upcoming plan, the...
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