In the first year of its crash course in all things Falken Tire, Sumitomo Rubber Industries North America hosted more than 1,500 tire dealers at its headquarters in Rancho Cucamonga, California for Falken Academy.
The quarterly, two-day class, started at the beginning of last year, allows dealers to gain in-depth knowledge of the brand’s product lines as well as get a better understanding of the company’s history, marketing efforts and dealer support services through classroom and driving activities. In 2019, Falken will continue its academy, featuring new products, new on-track driving exercises and more interactive classroom sessions …
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Global low rolling resistance tires market was valued at USD 60.5 Billion in 2017 and growing at a CAGR of 12.3% in the forecast period of 2018 and 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Segmentation: Global Low Rolling Resistance Tires Market
The global low rolling resistance tire market is segmented based on type, application, end user application and geography.
Based on type, the market is
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TOKYO – Sumitomo Rubber Industries says it has cracked the mystery surrounding rubber failure, in a joint study with the Dresden, Germany-based Leibniz Institute for Polymer Research.
Read the source article at Rubber and Plastics News
Sumitomo Rubber Industries’ Board of Directors has elected and approved the appointment of a new CEO and Chairman of the Company on December 27, 2018.
Satoru Yamamoto (currently a Director of the Company) will formally assume the position of CEO. Ikuji Ikeda on the other hand, will assume the position of Chairman of the Board of Directors.
Sumitomo Rubber said these changes were part of the company’s top management structure in 2019.
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Maastricht – Arlanxeo has launched a ‘self-service’ online platform for customers using EPDM produced at Saudi Aramco’s Petro Rabigh joint venture with Sumitomo Chemical.
Under an agreement reached with Aramco in February, Arlanxeo markets the EPDM under its Keltan trademark with the extension ‘KSA’ – standing for Kingdom of Saudi Arabia.
Read the source article at European Rubber Journal
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
As a founding member of the recently-launched Global Platform for Sustainable Natural Rubber (GPSNR), Sumitomo Rubber Industries, Ltd. has turned its attention to the human and environmental issues related to the growth, harvesting and use of natural rubber. Its position has now been set out in the company’s ‘Sustainable Natural Rubber Policy.’
Read the source article at Tyrepress
An additional investment is being made in the Sumitomo Rubber do Brasil factory in Fazenda Rio Grande, Brazil, which is scheduled to begin producing truck and bus tyres next March. This investment of BRL 153 million (£28.7 million, US$37.6 million) builds upon the BRL 312 million investment Sumitomo Rubber Industries (SRI) announced in July 2016 for setting up bus and truck tyre production equipment in Fazenda Rio Grande.
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VLADIVOSTOK, Russia (Reuters) – Japanese firms dealing with Russia were experiencing little impact from U.S. sanctions on Moscow, but it was possible that they may also be sanctioned by the United States, the managing executive officer of Sumitomo Corporation said on Tuesday.
“At this moment we are not that affected,” Hideki Yamano told Reuters on the sidelines of the Eastern Economic Forum at the Russian Far East port of Vladivostok.
Asked if future projects by Japanese firms might be hurt because of the U.S. sanctions, Yamano said it was possible.
“We are closely monitoring the development (with the new sanctions,” he said.
Read the source article at Global Rubber Markets News
WASHINGTON – It’s not just Sumitomo Rubber North America’s Town of Tonawanda plant that could suffer under President Trump’s tariffs. It’s the entire company – and the entire American economy. That’s what Richard Smallwood, Sumitomo Rubber North America’s president and CEO, had to say in an interview with The Buffalo News on Friday, a day after he criticized the proposed tariffs at a Commerce Department hearing. Trump is pondering tariffs of up to 25 percent on imported autos and auto parts.
Read the source article at The Buffalo News