Sumitomo recalling Falken, Dunlop, Goodyear tires for tread separation issues

WASHINGTON — Sumitomo Rubber Industries Ltd. is recalling 2,286 passenger tires sold in the U.S. earlier this year under the Goodyear, Dunlop and Falken brand names because of possible tread separation issues.

Read the source article at Tire Business

Sumitomo Rubber using AI to increase whole-life tyre performance

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Sumitomo Rubber Industries, Ltd. has developed a new technology that uses artificial intelligence (AI) to estimate the properties of the rubber used in its tyres and also detect the structural changes that occur during use. It calls this technology ‘Tyre Leap AI Analysis’.

Read the source article at Tyrepress

Sumitomo unveils Dunlop Geomax MX53 motorcycle tire

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BUFFALO, N.Y. — Dunlop Motorcycle Tires, a subsidiary of Sumitomo Rubber Industries Ltd., has added the MX53, designed for intermediate-to-hard terrain off-road riding, to its Geomax motorcycle tire portfolio.

Read the source article at Tire Business

Bridgestone retains top spot in Global Tire ranking

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Japan’s Bridgestone Corp. retained the title of world’s largest tire maker for the 11th straight year, edging out France’s Group Michelin again.

Read the source article at European Rubber Journal

Michael Haupt to head Nexen’s OE tyre development

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South Korea tyremaker Nexen Tire has appointed Michael Haupt as the head of ‘Premium OE’ business sector at the recently-opened Nexen Central Research Institute (Nexen univerCITY). He was former tyre development specialist at Porsche. Haupt will be responsible for creating premium tyres for OEM customers.

Read the source article at Rubber Asia

Nexen set to officially open European tire plant

Seoul – Nexen Tire will hold an official opening ceremony for its new Europe manufacturing plant in Zatec, the Czech Republic, on 28 Aug, the South Korean tire maker has announced.

Petr Očko, the Czech deputy minister of industry and trade; Byung-Joong Kang, the chairman and Travis Kang, the global CEO of Nexen Tire will attend the ceremony, Nexen said…

Read the source article at European Rubber Journal

Opening of Czech plant signals start of ‘New Wave’ for Nexen

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ZATEC, Czech Republic—The start of production this year at Nexen’s $1 billion plant in Zatec is a big part of the Korean company’s “New Wave for the Future” global expansion strategy.

Read the source article at Rubber and Plastics News

Sumitomo earnings drop 39% but 2019 forecast unchanged

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KOBE, Japan — Sumitomo Rubber Industries Ltd. posted a 39.2% drop in operating profits for the half-year ended June 30 on 0.9% lower sales revenue.

SRI cited the negative impact of foreign exchange rates, increased fixed costs and expenses, and higher prices of raw materials — particularly petroleum-based ones — for the earnings decline.

Operating income fell to $149.6 million on revenue of $3.9 billion, SRI said, resulting in an operating ratio of 3.8%, down from 6.3% a year ago.

Read the source article at Tire Business

Sumitomo technology generates power from tires

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Tokyo – Sumitomo Rubber Industries (SRI), in collaboration with Professor Hiroshi Tani of Kansai University, has developed a new technology to generate electric power from the rotation of a tire.

The process involves installing a power generating device (energy harvester) inside a tire to convert static electricity occurring within a tire into clean energy, said the Japanese tire & rubber company in a 23 July statement.

Read the source article at European Rubber Journal

Falken targets CUVs for opportunities, growth

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VENCE, France — With sales of crossover utility vehicles (CUVs) surging in North America, Sumitomo Rubber North America Inc. (SRNA) is evolving its Falken-brand tire lineup to serve customers in this segment more effectively.

The aim is to get a step ahead of the competition and offer tires targeted at a market segment that to date, according to Falken, is underserved by the tire industry.

Read the source article at Tire Business