europe

Coronavirus Looks Set to Impact European Operations of Japanese Rubber Companies

The outbreak of the novel coronavirus has now spread to the point where it is impacting Japanese rubber companies with operations in Europe. Bridgestone Corp. (TYO:5108) has halted operations at two of its European plants as of 3:00 p.m. Thursday, March 19, Japan Standard Time. The decision includes a truck and bus tire plant in Bilbao, Spain, as well as...

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JSR Begins Trial Operations at New S-SBR Plant in Hungary

JSR Corp. (TYO:4185) has been working to construct a new plant in Hungary for the production of solution-polymerized styrene–butadiene rubber (S-SBR), managing this through joint venture JSR MOL Synthetic Rubber Ltd. Late April saw the JV complete construction work and move into trial operations. JSR MOL Synthetic Rubber is owned 51 percent by JSR and 49 percent by local firm...

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Bridgestone CEO Masaaki Tsuya Discusses Focus on Europe, US Markets

Bridgestone Corp. (TYO:5108) CEO Masaaki Tsuya is focused in on Europe and the U.S. as two markets for his company to build upon. Tsuya recently sat down to talk with Japan Rubber Weekly and offer his breakdown of the market situations here and what his plans are here for Bridgestone. Tsuya sees Europe as being an important market for his...

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Sumitomo Rubber Positions Turkish Plant as Crucial Supply Base for European Market

Sumitomo Rubber Industries Ltd. (TYO:5110) is working to increase its presence in the European tire market. Currently, the company controls a market share of roughly 3 percent here, but aims are to boost this to 5 percent by 2020–2022. Central to Sumitomo Rubber’s plans are the company’s Turkish plant, which supplies products to the European market. With Sumitomo Rubber opening...

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Bridgestone Turns UK Tire Company ETB Into Wholly Owned Subsidiary in New Acquisition

Bridgestone Corp. (TYO:5108) recently announced that it has acquired a 100 percent share in the ETB Group, which sells car tires and provides other automotive services across the southwest of the U.K. The share acquisition for this was completed by Bridgestone’s European arm on Sept. 6. The companies have not yet disclosed the amount paid. Looking toward a stronger European...

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Sumitomo Riko Starts Construction of New R&D Facility for Anti-Vibration Rubber

Sumitomo Riko Co. Ltd. (TYO:5191) has held a ceremony to formally mark the start of construction on a new R&D center. The facility will be established under SumiRiko AVS Germany GmbH, a subsidiary devoted to the R&D and sales of anti-vibration rubber for vehicles and based in Hesse, Germany. Under construction with a budget of approximately 10 million euros ($11.62...

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