(MENAFNEditorial) Bridgestone to Transfer 'PureBeta' Ultra High Purity Fine Ceramics SiC Component Operations
Tokyo (October 17, 2018) — Bridgestone Corporation announced on October 11 that it has reached an agreement with MARUWA CO., LTD., to transfer its 'PureBeta' ultra high purity fine ceramics*1 silicon carbide (SiC) component operations to this company.
Since the launch of 'PureBeta' in 2003, products from this line have been adopted by numerous semiconductor production equipment and semiconductor device manufacturers around the world, primarily for use as components in semiconductor production equipment. However, it was decided to transfer this business as part of the reorganization of the diversified products business*2, which is centered on solutions businesses, with the aim of achieving profitable and sustainable growth.
Financial information pertaining to 'PureBeta' operations is not disclosed.
The Bridgestone Group is seeking to improve corporate value through higher capital efficiency while moving ahead with management reforms to make progress toward its ultimate management goals of becoming a truly global company and 'Dan-totsu*3,' or the clear leader, in its industries.
Overview of MARUWA CO., LTD.
*1. High-performance ceramics that differ from standard ceramics in that they are made through optimal refining and mixing of raw material powders
*2. Business entity in Bridgestone Group offering products other than tires and sports equipment, namely conveyor belts, water drainage systems, and urethane foam products for vehicles
*3. The Japanese term for 'the absolute and clear leader'
About Bridgestone Corporation: Bridgestone Corporation, 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.
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