Bridgestone sells mainland Chinese synthetic tire rubber business to LCY Chemical
The sale is part of the company’s global expense and cost structure review established in its mid-term business plan
Japanese tire manufacturer Bridgestone Corporation announced via press release on 1 December that the company had completed selling all shares of stock of its mainland Chinese synthetic rubber manufacturing subsidiary Bridgestone (Huizhou) Synthetic Rubber Co., Ltd. (BSRC) to Taiwanese petrochemical company LCY Chemical Corporation.
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