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Price increase announced for Bridgestone and Firestone OTR and Firestone Ag products

Bridgestone announced it will increase prices up to 8 percent on its U.S. and Canada Bridgestone and Firestone OTR tires and Firestone Ag Tires and Tubes portfolios. It will also increase prices an average of 14 percent on the Firestone Tracks portfolio. This price adjustment is a necessary step as Bridgestone continues to manage market dynamics, including escalated logistics, business and raw material costs.

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U.S. chemical production falls in March as winter storm impact lingers

The U.S. Chemical Production Regional Index (U.S. CPRI) fell 2.8% in March following a 3.9% decline in February and a 0.6% increase in January, according to the American Chemistry Council (ACC). Chemical output fell in all regions as the impact of the February winter storm continued to disrupt chemical production in the Gulf Coast and parts of the country that rely on raw materials from the region. The U.S. CPRI is measured as a three-month moving average (3MMA) basis

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