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

Michelin publishes 2016 financial information

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Michelin reports having met its financial objectives in 2016 and its chief executive officer considers the year “a successful milestone in our strategic roadmap.” The tyre maker’s sales volumes increased 2.1 per cent during the year, outperforming the market, and an increase in operating and net income was also recorded.

Read the source article at Tyrepress

French chef Alleno earns sixth Michelin star as haute cuisine gets ′uncomplicated′ | Lifestyle | DW.COM | 09.02.2017

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The latest additions to France’s prestigious Michelin Guide were revealed Thursday in Paris. Only one restaurant was added to the three-star list: Le 1947 in the exclusive ski resort of Courchevel.

Head chef Yannick Alleno reacted to the award by tweeting that he was “beyond happiness,” and congratulated his teams both at Le 1947 and at his Paris restaurant Le Pavillon Ledoyen, which already holds three Michelin stars.

Michael Ellis, the American-French head of the Michelin Guide, called the cuisine at Le 1947 “extremely technical, creative and tasty.” Menus there range from 127 to 450 euros ($135-480), not including wine, and feature dishes such as steamed scallops with celery extract and caviar.

While Alleno’s house was the only restaurant in France to receive a third star this year, 12 were added to the two-star list and 57 to the one-star list. In total, France now has 27 one-star restaurants, 86 with two stars and 503 one-star locations.

The Paris hotel Le George V was already home to a three-star restaurant, but won stars for two others within its house, making it the first hotel in Europe to boast three Michelin-starred restaurants.

Read the source article at TOP STORIES

Michelin expects boost to profits from mining sector recovery

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Michelin (>> Michelin (CGDE)) said an upturn in mining sector demand for its outsize earthmover tyres will help to increase earnings this year, as the French tyre maker posted a 4.5 percent gain in operating profit for 2016.

The company recorded 2.69 billion euros (2.28 billion pounds) in recurring operating income, lifting the full-year operating margin to 12.9 percent from 12.2 percent.

Chief Executive Jean-Dominique Senard said 2017 would be “another year of growth in line with the group’s 2020 objectives”.

Under increasing competitive pressure, Michelin is pursuing cost cuts to defend profitability without losing ground to low-cost rivals. The group said it met a 1.2 billion-euro savings goal for 2012-2016 and is on track to do the same again by 2020.

Global demand for truck and so-called speciality tyres – for mining and agriculture – will pick up in 2017, the company forecast. Car tyre markets will approach last year’s 3 percent expansion, with South American sales back in positive growth.

High-margin earthmover tyres are rebounding after a third straight year of decline, Michelin said. “The trend turned upward in the fourth quarter,” the company added.

Weaker pricing reduced last year’s earnings by 438 million euros, almost absorbing a 545 million-euro gain from lower raw material costs. Michelin is now raising prices to cover an upturn in the costs of steel and rubber, natural and synthetic.

Revenue fell 1.4 percent to 20.91 billion euros on weaker pricing, despite a 2.1 percent increase in sales volumes. Net income jumped 43.5 percent to 1.68 billion euros.

The 2016 results narrowly beat expectations of 20.83 billion euros in revenue and 2.67 billion in operating income, based on the median of 12 analyst estimates in an Inquiry Financial poll.

Read the source article at Stock Market Quotes and News

The Tires Of The Future Were Actually Invented In The 1930s

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Airless tires have been getting lots of press over the last few years, with Michelin’s “Tweel” being touted as the most amazing bit of tire tech since the invention of the radial. Except that it really isn’t, because a very similar airless-tire concept was under development in the 1930s and ‘40s.

James Vernon Martin was a legendary aircraft and automobile inventor in the early 20th Century, developing everything from retractable aircraft landing gear, to cars with weird rubber cord suspensions to this: an elastic spoke tire.

 

Read the source article at Jalopnik

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

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

Farm Tire Market – U.S. and Global Industry: Forecast 2016-2024

The growth in end user industries is expected to increase the consumption of farm tires. The growth in agricultural industry is expected to boost demand for farm tires. In addition, rising demand for agricultural machinery from emerging economies of Asia Pacific is expected to further boost demand for farm tires. However, availability of substitutes and fluctuating raw material prices could hamper the growth of the market.

Read the source article at openPR.com

Racing Tire Market Sales, Revenue & Industry Share for Michelin, Hankook, Yokohama Rubber, Goodyear And Other Manufacture To 2021

The Global Racing Tire Market by Manufacturers, Regions, Type and Application, Forecast to 2021 is a professional and depth research report on Racing Tire industry that would help to know the world’s major regional market conditions of Racing Tire Market, is the main region including North American, Europe and Asia etc., and the main country including United States, Germany, Japan and China etc..

Read the source article at wave3.com