joint venture

Bridgestone Americas, Goodyear to Merge US Wholesale Networks

Bridgestone Corp. (TYO:5108) subsidiary Bridgestone Americas Inc. and The Goodyear Tire and Rubber Co. announced on April 17 that they will jointly establish TireHub LLC, a nationwide U.S wholesale company. TireHub will handle U.S. wholesale operations for the passenger vehicle tire and small truck tire businesses of both parent companies. Bridgestone Americas and Goodyear will use the opportunity to offer...

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Ube Industries Aims to Start Full Operations of Malaysian BR Joint Venture This Year

Ube Industries Ltd.’s (TYO:4208) butadiene rubber (BR) joint venture factory in Malaysia, Lotte Ube Synthetic Rubber Sdn. Bhd. (LUSR), expects to start fully operating in the second half of the current fiscal year. Synthetic rubber is one of the business areas designated for aggressive expansion in Change & Challenge 2018, Ube Industries’ three-year medium-term business plan launched in fiscal 2016....

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Zeon, Sumitomo Chemical S-SBR Joint Venture to Commence Operations in April

ZS Elastomers Co. Ltd. (ZSE), a solution styrene-butadiene rubber (S-SBR) joint venture between Zeon Corp. (TYO:4205) and Sumitomo Chemical Co. Ltd. (TYO:4005), will commence operations on April 3. ZSE has obtained approvals from the relevant authorities in Japan and overseas and will take over the sales and R&D functions of Zeon and Sumitomo Chemical’s S-SBR businesses. The company will also...

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