4 Jul 2011
ERJ staff report (DS)
Tokyo -- Bridgestone Corp. is to raise the prices of new truck and bus tyres sold in the Japan replacement market an average of 10 percent. At the same time, the prices of retreaded truck and bus tyres sold in the Japan replacement market by Bridgestone's subsidiaries will be increased by 5 percent. This price increase applies to both summer and winter tyres, and will be effective Sept. 1, 2011.
The increase is attributed to the historic high price levels of raw materials, including natural rubber and petrochemical-based materials such as synthetic rubber and carbon black.
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Press release from Bridgestone Japan
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