bridgestone

Bridgestone Plans April Price Hike for Hydraulic Hoses, Rubber Crawlers and More

Bridgestone Corp. (TYO:5108) is set to raise its manufacturer’s selling prices for domestic sales of a number of industrial products, including hydraulic hoses and rubber crawlers. The changes will come into effect on April 1. Specifically, Bridgestone has announced an average 12 percent price hike on hydraulic hoses, including rubber hoses, plastic hoses, polyamide tubes and their protective materials; an...

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Bridgestone Partners With Eneos to Establish Chemical Recycling Technology for Used Tires

Bridgestone Corp. (TYO:5108) has joined with oil refinery and petroleum product seller Eneos Corp. for a new project. The agreement here will see these companies target social implementation for chemical recycling technologies that enable the precise pyrolysis of used tires, which would then contribute to the sustainability visions of both companies. Specifically, Bridgestone’s vision is to continue providing social value...

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Bridgestone Posts 20.4% Growth to Sales Revenue for 2021

Bridgestone Corp. (TYO:5108) has released its business results for 2021, revealing 3.25 trillion yen ($28.25 billion) in sales revenue, up 20.4 percent year-on-year; 394.34 billion yen in adjusted operating profit, up 90.1 percent; and 394.04 billion yen in net profit including discontinued operations, up from a 23.3 billion loss the previous year. In the tire business specifically, Bridgestone saw major...

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Bridgestone Plans 8.2B Yen Investment to Boost Domestic Production for Premium Passenger Car Tires

Bridgestone Corp. (TYO:5108) is looking to increase its Japanese production capacity for premium passenger car tires. Plans here will see the company carry out improvements at four of its passenger car tire plants: namely, those in Tochigi, Hikone, Hofu and Tosu. Total investment here is slated to come to around 8.2 billion yen ($71.1 million), with construction beginning in the...

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Bridgestone Plans April Price Hike for Domestic Aftermarket Tires

Bridgestone Corp. (TYO:5108) is set to raise its manufacturer’s selling prices on aftermarket tires, tubes and flaps sold in Japan. Set to come into effect on April 1, the change will see prices rise by 7 percent on summer and winter tires for passenger cars and vans; 7 percent on summer and winter tires for light trucks and buses; 8...

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Bridgestone to Acquire Turkish Provider of Fleet Management Services

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...

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