Bridgestone will divest Russian operations

On October 31, Bridgestone Corporation announced it will sell all of its assets in Russia due to the war in Ukraine. The process could take several months. Bridgestone is seeking a buyer for its 80.6 hectare tire plant in Ulyanovsk, which opened in December 2016 and has 2.4 million units per year of capacity for passenger car and light truck tires.