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Bridgestone Acquires Australian Provider of Mining Tire Solutions

on December 13, 2021 in Industry, Tires

Bridgestone Mining Solutions Australia Pty. Ltd., a group company of Bridgestone Corp. (TYO:5108), has acquired Otraco International Pty. Ltd., an Australian provider of off-road tire solutions for mining equipment. Valued at AU$79 million ($56.62 million), the acquisition from Downer EDI Ltd. was completed on Dec. 1 following regulatory approvals and the fulfillment of other such requirements. Otraco has skilled tire...

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Pirelli Japan to Raise Prices on Aftermarket Tires Next February

on December 9, 2021 in Tires

Pirelli Japan KK announced plans on Dec. 7 to revise its shipping prices for domestic aftermarket tires starting Feb. 1 of next year. The change is set to apply to summer tires for passenger cars and SUVs, as well as to motorcycle tires and scooter tires from both the Pirelli and Metzeler brands. The average price hike across all product...

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Yokohama Rubber Launches OE Tire for New Overseas Model of Toyota Land Cruiser

on December 7, 2021 in Tires

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has begun supplying the Geolandar A/T G31 tire as OE for the new Toyota Land Cruiser, which launched this April in overseas markets such as the Middle East, Eastern Europe and Asia. Well regarded in some 170 countries and regions, the Land Cruiser has been adored for years as the pinnacle...

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Asahi Kasei to Produce Sustainable S-SBR Using Butadiene Derived From Plastic Waste

on December 6, 2021 in Industry

Asahi Kasei Corp. (TYO:3407) has formed an agreement with Singaporean-based Shell Eastern Petroleum Pte. Ltd. regarding the purchase of sustainable butadiene derived from plastic waste and biomass. By the end of fiscal 2021, Asahi Kasei intends to introduce this sustainable butadiene at its synthetic rubber plant in Singapore, as well as use this butadiene here to begin producing and marketing...

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Companies Look to Expand SUV Tire Lineups as Sales Battle Begins for Studless Winter Tires

on November 25, 2021 in Industry, Tires

The competition over studless winter tire sales has gotten properly under way for another year. Even as they acknowledge the market’s unpredictability amid the continued pandemic, each tire manufacturer here is aiming to boost sales by expanding their SUV-related product lineups, as well as by making the most of the lessons they learned from pursuing sales in the midst of...

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Bridgestone to Expand Basic Technology for Innovative Tires

on November 18, 2021 in Tires

Bridgestone Corp. (TYO:5108) plans by 2030 to have more than 90 percent of its tires used globally in repairs to incorporate its Enliten Technology, a basic technology for innovative tires for electric vehicles (EVs) and fuel cell vehicles. The expansion of Enliten Technology is part of a reinforcement strategy for the premium business component of Bridgestone’s core business operations. While...

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