Tires

G-CEO Shuichi Ishibashi Lays out Plans for a “Strong Bridgestone” by 2023

Bridgestone Corp. (TYO:5108) Global CEO Shuichi Ishibashi recently announced the company’s new vision for sustainable business. And by spending 2021 on making this vision a reality, he explained, Bridgestone hopes to achieve SDGs and help bring about a more sustainable society. For Bridgestone, 2021 will be a year of getting up to full speed with efforts to carry out the...

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Yokohama Rubber President Masataka Yamaishi Reflects on Turbulent 2020, Targets Record Sales Ahead

Speaking to the press recently in an online press conference, Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi reflected on 2020 and also discussed both the outlook for 2021 and the direction of the company’s new upcoming medium-term business plan. Under this plan, Yamaishi said, Yokohama Rubber’s 2023 sales will certainly exceed its 2019 sales, and the company will work...

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Toyo Tires Celebrates Groundbreaking at Site of New Serbian Plant

Toyo Tire Corp. (TYO:5105) and manufacturing subsidiary Toyo Tire Serbia LLC Belgrade recently held a groundbreaking ceremony at the intended site of a new plant in Indjija, Serbia. Approximately 40 guests attended the ceremony – including Serbian President Aleksandar Vucic, Indjija Mayor Vladimir Gak and Ambassador of Japan Takahiko Katsumata – to show their support for a safe construction process....

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Michelin Partners With Canadian Startup Pyrowave to Work on Plastic Waste Recycling

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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