Bridgestone Corp. (TYO:5108) has developed a prototype tire specifically for electric buses, achieving this by way of joint research with Kumamoto University’s Faculty of Advanced Science and Technology. The hope is that this will contribute to the rollout of sustainable public transport. Intended to help reduce the total running costs of electric buses, the prototype tire has been designed specifically...
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Carbon Black Production Rises as North American Tire Demand Trends Toward Recovery
Tokai Carbon Co. Ltd.’s (TYO:5301) carbon black business is on the rebound after bottoming out during the April–June quarter, says President Hajime Nagasaka. Speaking at a financial results briefing on Nov. 5, Nagasaka said that demand is recovering particularly in the U.S. and Thai markets, adding that the company’s U.S. production bases have utilization rates up in the 90–95 percent...
Bridgestone Forecasts Second COVID Wave Will Reduce 2020 Demand
Bridgestone Corp. (TYO:5108) has announced its business results forecast for the full fiscal year through December 2020, including an adjustment for anticipated decline in demand during the October–December fourth quarter due to a second wave of the COVID-19 pandemic. The forecast calls for total sales revenue of 2.89 trillion yen ($28 billion), a 7 percent increase from the previous forecast...
Bridgestone’s Turanza T005A Selected for Mazda’s New Mild Hybrid MX-30
Bridgestone Corp. (TYO:5108) has announced that it will supply its Turanza T005A tire as OE for the mild hybrid version of the new Mazda MX-30. This follows Mazda Motor Corp.’s (TYO:7261) recent reveal of the new compact SUV. Based on the idea of “Living True to Yourself,” the Mazda MX-30 was designed with the aim of letting drivers spend time...
Bridgestone Pursues Office Reorganization to Improve Added Value, Productivity
Bridgestone Corp. (TYO:5108) has announced that it is moving to integrate and reorganize its office locations over the coming months. Through this plan, the company aims to achieve more efficient, effective utilization of management resources, as well as to reform work styles in a way that improves value and productivity. A gradual effort starting this month will see Bridgestone consolidate...
Bridgestone Targets Growth for Retread Tire Business
With the transport sector facing a difficult business environment amid COVID-19, Bridgestone Corp. (TYO:5108) is seeing effects on both demand and sales for its retread tires. Nonetheless, such tires continue to make up a rising portion of Bridgestone’s sales with each passing year. And going forward, the company aims to continue growing its sales of retreads, which reliably provide both...