NASHVILLE, Tenn. — Bridgestone Americas Inc. plans to invest an additional $42 million in the coming years to commercialize guayule, a woody desert shrub, as a domestic source of natural rubber.
Bridgestone said the $42 million will establish commercial operations in the U.S. Southwest desert, with additional investment and expansion planned toward 2030.
The company will collaborate and partner with local U.S. farmers and Native American tribes to increase capacity of up to 25,000 additional acres of farmland for planting and harvesting guayule at scale.
Bridgestone is targeting sustainable commercial production of guayule-derived natural rubber by decade's end.
"We're extremely bullish on the potential for guayule as a domestic source of strategically critical materials, such as rubber, hypoallergenic latex, building material adhesives and renewable fuel, just to name a few," said Nizar Trigui, chief technology officer and group president, solutions businesses at Bridgestone Americas. "We're thrilled to be taking this major step toward commercialization before the end of the decade."
"With guayule, we can reduce the environmental impacts that come with overseas sourcing while also realizing a more sustainable agricultural system for parts of this country that are facing persistent and worsening climate conditions, so it's really something with many benefits for our environment and our economy," Trigui said.