Hera Kitwan Siu Elected to Goodyear Board

AKRON, Ohio, Dec. 9, 2019 – Hera Kitwan Siu, chief executive officer, Greater China, for Cisco Systems, Inc., has been elected to the board of directors of The Goodyear Tire & Rubber Company.

“We are pleased to welcome Hera Siu to the Goodyear Board of Directors,” said Goodyear Chairman, Chief Executive Officer and President Richard J. Kramer. “Hera is a dynamic and transformative leader who has spent her career breaking new ground, launching innovative go-to-market strategies and growing companies. As we continue to position Goodyear as a leader in the future of mobility, her extensive technology background and deep knowledge of the China marketplace will be extremely valuable to the company and its shareholders.”

Read the source article at Goodyear Corporate

BKT Approaches Business a Little Differently

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LAS VEGAS — It’s strikingly evident that Balkrishna Industries Ltd. (BKT) approaches business a little differently than most tire manufacturers.

Need a better quality of carbon black? No need to search the globe for a supplier. Build your own plant instead.

Hear concerns about a soft market for agriculture tires and other OTR products? No worries, invest heavily. …

Read the source article at Tire Business

Michelin’s approach to sustainability in tire development

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Romain Muggeo, lifecycle assessment performance engineer, and Antoine Pinneau, senior vice president development B2B, at Michelin, discuss the tire maker’s approach to tire lifecycle analysis as they strive to preserve biodiversity and the earth’s ecosystem.

 

Read the source article at Tire Technology International

Toyo U.S.A. promotes, re-assigns territory sales directors

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CYPRESS, Calif. — Toyo Tire U.S.A. Corp. has promoted Chad Stanley, a strategic account business development manager since 2017, to director of sales, northern division, and re-assigned two other regional sales directors to new territories.

Read the source article at Tire Business

Avon marks 2019 as ‘transformational’ year

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Melksham, England—Avon Rubber has finished its 2019 fiscal year on a high note, having secured $340 million worth of long-term contracts and made a multi-million-dollar acquisition in the US.

Read the source article at Rubber and Plastics News

Michelin cancels treasury shares

Michelin – Compagnie Générale des Etablissements Michelin, to use the company’s full name – has decided to cancel 1,345,821 treasury shares, representing 0.75 per cent of the total shares outstanding. As indicated in a Euronext notice last week, the effective date of the resulting capital reduction is 9 December 2019.

Read the source article at Tyrepress

Hankook earnings down 3.2% in Q3 despite higher sales

SEOUL, South Korea — Hankook Tire & Technology Ltd. reported a 3.2% drop in pre-tax operating income for the quarter ended Sept. 30 on 4.4% higher sales, citing “weakened consumer confidence caused by the global economic downturn” for “intensified tire market sales competition.”

Read the source article at Tire Business

Bridgestone building ‘innovation park’ at former tire factory in Tokyo

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TOKYO—Bridgestone is building an “innovation park” as part of its strategy to transform into a global leader in advanced mobility and sustainability.

Read the source article at Rubber and Plastics News

Michelin: training programme helps Midland Tyre Services

Midland Tyre Services (MTS)’s frontline team recently received a series of in-depth Michelin training courses tailored to its business. MTS, based in Borris-in-Ossory, County Laois, is one of Ireland’s largest and most recognised fleet mobility businesses. Operating 24 mobile service vans, all equipped with the latest tyre management technology – including real-time digital inspection and reporting tools – MTS supports thousands of commercial vehicles operating across Ireland.

Read the source article at Tyrepress

Kal Tire opens OTR tire retread plant in Mexico

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CANANEA, Mexico — Kal Tire has opened an OTR tire retread plant in Cananea to supply a number of the open-pit copper mines located in northwest Mexico.

Read the source article at Tire Business