Goodyear exec: Tire project meets goals

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NIAGARA FALLS, Ontario — The Tire Industry Project (TIP) — a collaborative effort involving 11 tire industry CEOs to identify and address the potential human health and environmental impacts of tires throughout their life cycle — is well on its way to meeting its objectives.

This was the message of Kimm Jarden, a principal sustainability specialist at Goodyear, in her presentation at the 2018 Rubber Recycling Symposium in Niagara Falls Nov. 7-8.

Goodyear, Bridgestone Corp. and Group Michelin are co-chairs of the TIP, which was founded in 2005 under the aegis of Geneva, Switzerland-based World Business Council for Sustainable Development, Ms. Jarden said.

 

Read the source article at Tire Business

Hankook Tire Restructures, Announces New Executives for 2019

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Hankook Tire and Hankook Tire Worldwide announced that they have undergone an organizational restructuring and appointed new executives to enhance their global competitiveness. The changes will take effect on January 1, 2019.

Hankook Tire Worldwide, under CEO Hyunshick Cho, will create an IT Strategy Department to accelerate the company’s digital transformation.

Read the source article at Tire Review

Hankook Tire Design Insight Forum

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Hankook Tire held its annual  Design Insight Forum at Hankook’s Technodome in Daejeon, South Korea, on September 20th, 2018, to discuss the future of the mobility and the tire industry.

“Hankook Tire is glad to have paved a path for the bright young minds to propose a whole new experience for future driving,” said Hyun Bum Cho, President & CEO of Hankook Tire.

Read the source article at Autosphere.ca

Online Tire Market Business Growth Statistics and Key Players Insights: Michelin, Bridgestone, BF Goodrich, Goodyear, Hankook

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Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.

Read the source article at openPR.com

Pirelli, Hankook bid for F1 contract; Michelin opts out

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PARIS — Pirelli Tyre and Hankook Tire Co. Ltd. have submitted bids to the Federation International de l’Automobile (FIA) to be the race tire supplier for Formula 1 racing for the 2020-23 seasons.

Read the source article at Tire Business

Hankook throws its hat into the Formula 1 ring

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It’s official: Hankook Tire has submitted a tender for Formula 1 tyre supply between 2020 and 2023. In response to questions from within our publishing group, Felix Kinzer, director of corporate communications at Hankook Tire Europe, confirmed that the company submitted an application prior to the 31 August deadline.

Read the source article at Tyrepress

Game Changing Technology: The tires of the future (part 1)

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The tire of the future will be round, probably black and more than likely pneumatic.

Beyond that, the variables in play—new materials, new manufacturing methods, changing vehicle designs and needs, etc.—present an evolving spider web of tire design parameters that put all design features, except round, into play.

To gain insight into how the tire industry perceives the tire of tomorrow, Rubber & Plastics News surveyed a handful of major tire makers, asking about a number of game-changing aspects of tire design.

Read the source article at Rubber and Plastics News

Goodyear ‘honoured’ by GM supplier award

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The Goodyear Tire & Rubber Company has commented on its selection as a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony on 20 April.

Read the source article at Tyrepress

Hankook Tire acquires majority stake in Model Solution

By acquiring a 75 per cent equity stake in high-tech digital prototype company ‘Model Solution Ltd.’, Hankook Tire hopes to benefit from synergies gained by combining the company’s know-how with that of its affiliate, super-size mould equipment company M&K Technology. The tyre maker paid KRW 68.6 billion (£47.3 million) for the stake.

Read the source article at Tyrepress

Stapleton’s: With SUVs driving sales, more opportunities to sell exclusive brand tyres

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Over the last year or so it has been broadly noted that the SUV/4×4 sector of the tyre market has been impressively resilient. Not just from the relatively local impact of the UK’s Brexit vote and resulting inflation and slump in certain motor vehicle sectors (in the UK at least). The tyre industry’s also been faced with escalating raw materials costs at a global level.

Read the source article at Tyrepress