Bridgestone establishes new products company in Chile

ERJ staff report (TP)

Tokyo – Bridgestone Corporation announced that its wholly owned subsidiary, Bridgestone Industrial Products America Inc. (BIP) has established Bridgestone Productos Industriales Latinoamerica SpA. (BIPL) in Santiago, Chile, a company dedicated to selling industrial materials such as conveyor belts and other related products.

The new company was legally established in August and will commence operations in October.

Bridgestone said that given the expected demand increases of copper over the medium to long-term, production of copper is expected to rise substantially at copper mines across Chile and Peru, which are among the world's most prominent mining locations.

By establishing BIPL, the Bridgestone Group said it will be able to more efficiently provide mining customers conveyor belts for transportation of minerals and others and offer enhanced services to customers. These services will include services such as maintenance to help customers more effectively run their belt systems and achieve better overall operating results in their mines.