Strong yen brings down Bridgestone 2016 results

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Tokyo – Bridgestone Corp. has posted a sharp drop in earnings and revenue for 2016, as the Japanese yen gained strength and the cost of raw materials grew.

In its full-year financial statement on 17 Feb, the tire maker said its sales dropped 12% year-on-year to Yen3.3 trillion (€27.5 billion), with sales of tires showing a 13% decline to Yen2.7 trillion.

Bridgestone also registered an 8% decline in sales of diversified products to Yen585 billion.

Read the source article at European Rubber Journal

Bridgestone adds curing bladder facility in China

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Huizhou, China – Bridgestone is adding 5,300 unit per year curing bladder facility with €494,000 (3.6 million yuan) investment at its plant in Huizhou, Guangdong, according to local reports.

With 1.7 million unit-per-year truck and bus tire capacity and 45 tonne/year external purchase of curing bladders, the plant decided to build the facility as “external purchases are time consuming, effort requiring and costly,” said the project’s environmental filing.

Read the source article at European Rubber Journal

Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices

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Feb 20 Yokohama Rubber Co Ltd, Japan’s third-biggest tyre maker, on Monday forecast a 12 percent increase in 2017 operating profit despite soaring prices of natural rubber and other raw materials. Asia benchmark rubber futures on the Tokyo Commodity Exchange (TOCOM) hit their highest in more than five years late last month, boosted by Chinese […]

The post Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices appeared first on Global Rubber Markets.

Read the source article at Global Rubber Markets News

Bridgestone, Conti and SRI win at TTI Awards

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Sustainable innovation, and next-generation information and communication technologies were championed at this year’s Tire Technology International Awards for Innovation and Excellence.

The awards are decided by the votes of a 27-strong panel of experts from the tire industry and academia, with the winners announced last night (Wednesday, February 15) during Tire Technology Expo, at a Gala Dinner at the Hannover Congress Centrum.

This year’s winners are testament to how the latest consumer electronics and cutting-edge information communication technology are being successfully adopted into tire design and manufacturing, yielding great results.

Graham Heeps, editor, Tire Technology International & chairman of the judging panel said: “Cutting-edge sustainability and information technology is more prominent than ever among this year’s winners, showing that the tire industry is at the forefront of high-tech research, development and manufacturing. The judging panel was impressed by the strength in depth among this year’s finalists. Picking the winners gets harder every year!”

Bridgestone was awarded Tire Manufacturing Innovation of the Year with judges overwhelmingly voting for the brand’s Examation tire assembly system. Examation combines revolutionary artificial intelligence with information and communication technologies, for improved quality and enhanced factory productivity.

Versalis/Genomatica won the Environmental Achievement of the Year award for their long-term project to create renewable butadiene. The companies embarked on the joint venture in a bid to address concerns around potential butadiene shortages and price increases. In a demonstration run in 2016, several kilograms of renewable butadiene were prepared starting from commercial sugars, with polymerization tests showing no differences between the polybutadiene prepared from fossil or renewable feedstock.

Sumitomo Rubber Industries (SRI, producers of Falken tires) won the Tire Technology of the Year category for a record third time with its Advanced 4D Nano Design, which makes is possible to perform highly realistic simulations of the complex internal structures and behaviours of rubber materials at the nanoscale. The technology is being used to develop next-generation tire materials, including a new tread rubber that doubled the wear performance of SRI’s standard tread rubber from 2011.

The Tire Industry Supplier of the Year award was presented to Harm Voortman, president and CEO, VMI Group. Judges recognized the launch of VMI’s Milexx truck-tire building machine, along with further debuts including its Retrax automated pre-cure tread applicator, Pixxel vision system, and its new manufacturing facility in Leszno, Poland, operational from Q2 2017.

In the hotly contested Tire Manufacturer of the Year category it was Continental who scooped the prize, beating off stiff competition from Hankook, Michelin and Yokohama.

A raft of major R&D and production investments were unveiled by Continental in 2016, with German projects including a new high-performance technical center and a dedicated dandelion-rubber research center. In September, the first truck test tires containing dandelion rubber were revealed, with production expected to follow in 5-10 years.

Two specialist awards were also presented. TU Dresden PhD candidate, Pavel Sarkisov took home the Young Scientist Prize after delivering an impressive conference paper entitled “Optical measurement of tire deformation focused on transient handling properties”. Meanwhile tire materials expert, Gert Heinrich, director of the Institute of Polymer Materials at the Leibniz Institute for Polymer Research in Dresden, and Continental’s former head of materials research, received the Lifetime Achievement Award.

For more on all the winners, head to www.tiretechnology-expo.com.

Read the source article at Tire Technology International

‘Tire Manufacturing Innovation’ award for Bridgestone & Examation

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The Examation tyre assembly system is said to have resulted in a “landslide victory” for Bridgestone at the 2017 TTX Awards. The company was named Tire Manufacturing Innovation of the Year award at a ceremony in Hannover, Germany this week.

Bridgestone’s Hikone passenger car tyre plant in Japan was the first of the company’s facilities to utilise Examation. The system combines specially developed ICT with artificial intelligence to greatly improve quality and enhance productivity in the factory.

Examation incorporates more advanced versions of the information and communication technologies utilised in the BIRD (Bridgestone Innovative and Rational Development) production system and also employs new proprietary technologies based on the concepts of Bridgestone Intelligent Office (BIO) and Bridgestone Intelligent Device (BID). BIO and BID refer to new technologies that incorporate data analysis utilising Bridgestone’s core expertise in the processing of high polymer rubber complex materials, which represents a core technology area. These technologies also employ proprietary algorithms that are made by combining analysis of big data collected from manufacturing processes with the techniques and know-how of Bridgestone’s experts in manufacturing process.

“We are very proud that the Examation tyre assembly system has been recognised with this prestigious award,” comments Emilio Tiberio, vice-president of research and development at the Bridgestone Technical Centre Europe. “We believe that the application of our ICT and AI to our production systems will provide great benefits.”

Read the source article at Tyrepress

Global Radial OTR Tires Market Analysis & Forecast to2017-2021

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The report aims to provide an overview of Global Radial OTR Tires Market along with detailed segmentation of market by component, application, deployment type, industry vertical and five major geographical regions. Global Radial OTR Tires Forecast by Regions (2017-2021), Global Radial OTR Tires Forecast by Type (2017-2021), Global Radial OTR Tires Forecast by Application (2017-2021)

Read the source article at openPR.com

Bridgestone, Verizon IndyCar extend contract

INDIANAPOLIS—The organizers of the Verizon IndyCar Series and Bridgestone Americas Tire Operations L.L.C. have extended Bridgestone’s contract to supply the series with Firestone racing tires beyond the 2018 season.

The partners did not disclose the length of the extension, but did note that is a “multiyear” contract. Financial terms also were not made available.

In 2012, Bridgestone and IndyCar extended the contract through the 2018 season, continuing a partnership between the two entities that began in 1996.

 

“Firestone is part of the fabric of IndyCar and its commitment to evolving performance, innovation and safety in the Verizon IndyCar Series has been remarkable,” said Jay Frye, IndyCar president of competition and operations.

“The Firestone brand has been part of our sport for more than 100 years and continues to be an integral partner in the growth of IndyCar on and off the racetrack.”

Lisa Boggs, director of motorsports, Bridgestone Americas, said, “This partnership is integral to our marketing initiatives as it allows us to engage with fans via the unique, multi-faceted platform that the Verizon IndyCar Series provides, and we look forward to building upon the brand’s time-tested racing legacy.”

Read the source article at home.rubbernews.com

Bridgestone Showcases Concept Tire on Chrysler Portal

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Bridgestone Americas, has created a new concept tire, which debuted on the new Chrysler Portal concept.

The Bridgestone concept tire was custom-molded to blend seamlessly with the Portal design, the tiremaker said.

As vehicles integrate technology to complement connected, on-demand lifestyles, tires are also being reimagined. Because of this, Bridgestone has designed a new concept tire to meet the emerging needs of both drivers and automakers. The tire delivers real-time monitoring of road and weather conditions, enhanced performance and increased fuel efficiency, Bridgestone said.

“Technology is rapidly changing the automotive industry and tire innovation is playing a key role in this revolution,” said Mike Martini, president of original equipment at Bridgestone Americas Tire Operations. “Tires are an important tuning knob for a vehicle. They play a vital role in delivering automakers’ desired vehicle performance, while also meeting the needs and expectations of the next-generation of drivers.”

Read the source article at Tire Review

Michelin Pilot Sport 4 S is the new best summer tire

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In the automotive industry, the Michelin Pilot Super Sport tire was widely regarded as the best summer tire on the market. Almost every high-performance automotive brand would put the Pilot Super Sport on its highest-performing cars or at least have it as an option. And any enthusiast serious about lap times would do the same. However, Michelin wasn’t content on leaving it there. So the famous French tire brand went out and developed a new tire, the Michelin Pilot Sport 4 S.

We recently had the opportunity to go out to California to give the new Pilot 4 S tires a test on a variety of different cars, including the BMW M3/M4, Audi R8 V10, Ferrari California and Mercedes-AMG GT.

Read the source article at BMW BLOG

Global Automotive Airless Radial Tire Market to Grow 39.87%, 2017-2021 with Bridgestone, Michelin & Hankook Leading the Way

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Global Automotive Airless Radial Tire Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in market is in-tire technology to revolutionize airless tire market. Bridgestone has been developing a system known as Contact Area Information Sensing (CAIS) system since 2011. The company demonstrated the same in December 2015 in Japan and announced that the system was market-ready. In CAIS, tires have sensors mounted on them, which monitor the road surface and communicate the information to the driver in real time. This is expected to be a game changer for airless tires since noise and vibration have been some of the prime drawbacks of these tires (discussed in the section on market challenges).

 

Read the source article at PR Newswire