Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Bridgestone Corp    5108   JP3830800003

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Bridgestone Corp. : Bridgestone Announces Location Plans for Guayule Research Farm and Process Research Center

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/02/2012 | 08:10am CEST
Bridgestone Announces Location Plans for Guayule Research Farm and Process Research Center

TOKYO (August 2, 2012) - Today, Bridgestone Corporation (BSJ) announced that locations for a guayule research farm and associated process research center have been selected.

This project is being accomplished by Bridgestone Americas Tire Operations (BATO) in collaboration with BSJ. BATO has completed acquisition of a 281-acre agricultural site in Eloy, Ariz., to serve as the base of its agricultural research operation. This research farm will supply guayule for the company's process research center that is planned for nearby Mesa, Ariz.

"This was an important step in the realization of our guayule research activities, and we are excited to have found a base of operations for our researchers," said Bill Niaura, Director of New Business Development for Bridgestone Americas, Inc. "Every step we take brings us closer to our ultimate goal of developing new, domestic and sustainable sources for natural rubber; we look forward to breaking ground and getting started soon."

The research farm will include a multi-purpose office/laboratory building, greenhouses and a farming operation that is positioned to optimize guayule as a commercial crop that produces tire-grade rubber and complements the existing agricultural landscape. Groundbreaking is anticipated in the third quarter of 2012.

The process research center, anticipated to be built in nearby Mesa, will be home to a staff of 32 researchers and technicians and to the process that converts the guayule shrub into tire-grade rubber. Groundbreaking for the research center is planned to take place in early 2013. The facility is expected to be fully operational in 2014, with trial rubber production starting in 2015.

In March of this year, BSJ announced the Bridgestone Group's plans for an extensive research project in the United States dedicated to developing Guayule as a commercially viable, renewable source of high-quality natural rubber and as an alternative to the Hevea tree.

BSJ is providing the funding and strategic input for the effort, while BATO is responsible for selecting the site and operating the pilot farm and process research facility. BATO will also leverage the resources of the Bridgestone Americas Center for Research and Technology and its Akron Technical Center to provide technical and research expertise.


related link:

·News(JUL 10,2012)
Research Project Successfully Decodes Genome sequence of Para Rubber Tree

·News(JUL 10,2012)
Research Advances Disease Diagnostic Technology for 'Hevea brasiliensis' Natural Rubber Trees

·News(May 23,2012)
Bridgestone Announces Future Tire Technologies that Contribute to a Sustainable Society

·News(May 17,2012)
Bridgestone Finds Russian Dandelion May Be a Sustainable Source of Natural Rubber

·News(Mar 08,2012)
Bridgestone Launches Research Project to Develop a Sustainable Source of Natural Rubber

·Environmental mission statement


About Bridgestone Corporation:
Bridgestone Corporation (BSJ), headquartered in Tokyo, is the world's largest tire and rubber company. In addition to tires for use in a wide variety of applications, it also manufactures a broad range of diversified products, which include industrial rubber and chemical products and sporting goods. Its products are sold in over 150 nations and territories around the world.

About Bridgestone Americas Tire Operations:
Nashville, Tenn.-based Bridgestone Americas Tire Operations (BATO) is a business unit of Bridgestone Americas, Inc., whose parent company, Bridgestone Corporation, is the world's largest tire and rubber company. Reporting into the BATO business unit are the company's Latin American tire operations; the U.S. and Canadian consumer tire businesses; the U.S. and Canadian commercial tire businesses; and Bridgestone Retail Operations, LLC, which operates the largest network of company-owned automotive service providers in the world. BATO develops, manufactures and markets Bridgestone, Firestone and associate brand tires. The business unit is focused on retail, wholesale and original equipment markets, supplying passenger, light truck, commercial vehicle, off road, motorcycle, agricultural and other tires, as well as retreads, to its customers in the Americas.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BRIDGESTONE CORP
09/20 BRIDGESTONE : Love's travel stops acquires speedco from bridgestone americas
09/19 BRIDGESTONE : Celebrates 50th Anniversary of Operations in Thailand
09/19 BRIDGESTONE : Love’s Travel Stops Acquires Speedco from Bridgestone Americ..
09/19 BRIDGESTONE : and Americas Employees Give for Hurricane Relief
09/18 BRIDGESTONE : selling truck service chain
09/18 BRIDGESTONE : Love`s Travel Stops Acquires Speedco From Bridgestone Americas
09/18 BRIDGESTONE : Participates in FIM EWC 2017-2018
09/18 BRIDGESTONE : Named to the Dow Jones Sustainability World Index for the Second C..
09/18 BRIDGESTONE : Oklahoma City-based Love's Travel Stops to buy competitor
09/16 BRIDGESTONE : and Americas Employees Give for Hurricane Relief
More news
News from SeekingAlpha
08/09 Bridgestone reports 1H results
06/02 COOPER TIRE & RUBBER : Understanding The Company's Chronic Underperformance
02/21 Which Companies Planned For A Strong Yen In 2017?
02/17 Bridgestone reports FY results
01/31 COOPER TIRE & RUBBER : Strong Fundamentals, High ROIC, And Possible Acquisition ..
Financials ( JPY)
Sales 2017 3 652 B
EBIT 2017 -
Net income 2017 294 B
Finance 2017 151 B
Yield 2017 2,84%
P/E ratio 2017 12,94
P/E ratio 2018 11,71
EV / Sales 2017 1,08x
EV / Sales 2018 1,00x
Capitalization 4 086 B
Chart BRIDGESTONE CORP
Duration : Period :
Bridgestone Corp Technical Analysis Chart | 5108 | JP3830800003 | 4-Traders
Technical analysis trends BRIDGESTONE CORP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 5 121  JPY
Spread / Average Target 1,9%
EPS Revisions
Managers
NameTitle
Masaaki Tsuya Chairman & Chief Executive Officer
Kazuhisa Nishigai Director, Chief Operating & Technology Officer
Akihiro Eto Chief Financial Officer, EVP & Head-Administration
Sakie Fukushima Tachibana Independent Outside Director
Narumi Zaitsu Director
Sector and Competitors
1st jan.Capitalization (M$)
BRIDGESTONE CORP19.89%36 650
MICHELIN12.82%26 178
GOODYEAR TIRE & RUBBER CO5.05%8 077
NOKIAN RENKAAT OYJ5.45%6 095
SUMITOMO RUBBER INDUSTRIES LTD7.16%4 684
ANHUI ZHONGDING SEALING PARTS CO., LTD.--.--%4 042