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

DOT issues 22 new tire factory codes in 2016

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WASHINGTON (Feb. 15, 2017) — The U.S. Department of Transportation issued 22 new DOT plant identification codes in the past year for tire factories worldwide, including 14 for plants in China.

Tire manufacturers wishing to sell tires intended for use on U.S. roadways must have a DOT code for each plant, and that code must be molded into the sidewalls of each such tire.

Of the new codes issued, only one—for Yokohama Tire Corp.’s truck tire plant in West Point, Miss.—is in North America.

Read the source article at Tire Business

Team Nitto Tire Sweeps the Podium at King of the Hammers

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Shannon Campbell , Wayland Campbell and Jason Scherer swept the podium of the 2017 race. Shannon Campbell is the first racer to have won the King of the Hammers race three times. Erik Miller , JP Gomez, and Josh Blyler made up the rest of the top six. This year’s race was one of the closest in KOH history with Shannon Campbell finishing just 28 seconds ahead of his son Wayland.

Read the source article at Stock Market Quotes and News

Cooper Tire ambassadors look to inspire students

Cooper Tire & Rubber Co., like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice early on in a child’s education.

The company has used Manufacturing Day as a platform. And in conjunction with the Manufacturing Institute’s “Dream It. Do It.” program, the company established its own “Dream Team,” which consists of employees who serve as year-round ambassadors for manufacturing.

The team does a number of community outreach activities with local high schools and colleges, but the majority of them are centered around eighth graders, and the biggest is Manufacturing Day. The last two years Cooper has hosted events at all three of its plants for middle schoolers and offered the chance to experience what it’s like to work in the rubber industry. Kids take on roles—for instance a tire builder—and work one-on-one with employees to learn the job.

Cooper Tire said it’s reached 10,000 eighth graders through its Manufacturing Day programs.

Read the source article at home.rubbernews.com

Cooper Tire & Rubber: Strong Fundamentals, High ROIC, And Possible Acquisition Target

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Focuses on less cyclical replacement demand. ROIC averaging 14% since 2010. Attractive valuation vs. competitors in the tire industry. Potential acquisition target for foreign company looking to avoid import tariffs. Cooper Tire & Rubber Company (NYSE: CTB ) is a global manufacturer of tires for the passenger vehicle, light truck/SUV, and commercial market with a focus on replacement demand.

Read the source article at Stock Market Insights

Yokohama’s OE and award-winning tyres

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Selected as original equipment by many of the world’s leading vehicle manufacturers including Porsche, Mercedes-Benz and Audi, Yokohama offers a comprehensive and growing range of award-winning premium car tyres.

New for 2017 is the company’s latest directional ‘A’ rated wet grip tyre, the ADVAN Fleva V701. Available in 43 sizes from 15 – 20 inches, the new tyre delivers sporty handling and superior wet grip for executive, family saloon and hatchback cars. In addition, the tyre offers low levels of noise at just 67-69 dB.

Featuring Yokohama’s nanoBLEND tread compound which features the use of orange oil, the ADVAN Fleva V701 has been manufactured with environmental performance in mind and offers a balance of superior wet grip, high fuel efficiency and wear resistance.

Read the source article at Tyrepress

Nokian, From The Land Of Hakkapeliitta

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Summary

Russian market provides plenty of potential for future income growth.

Stable development from the Nordic and other growth markets together with a few strong winter seasons would intensify the growth even further.

A 50€ level could easily be achieved if the two above catalysts materialize.

In my previous article regarding Nokian Tyres (OTC:NKRKF), I was mainly focusing on current business segments and what type of factories the company had. This article will provide a more in-depth understanding about the company’s different market areas and a description of the current business environment. In addition, as majority of Nokian Tyres’ R&D costs are spent on tire testing, it is as well useful to look at what kind of test centers the company has.

Currently the share price is trading in mid-30s but it could quickly rise well above a 50€ level if the situation in Russia were to strengthen. Even a 60€ level could be reached if …

Read the source article at Stock Market Insights

Continental marks successful 2016

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CONTINENTAL, the German premium tire manufacturer and international automotive supplier, has announced an 11% growth in net sales in the Middle East at its annual regional retail partner conference. In a fiercely tough market, where consumers seek premium design and value for money, this 2016 growth is testament to the ongoing support of the brand’s partners and customers’ recognition of the high quality of the tyres produced by Continental.

At the three-day conference, held in the United Arab Emirates in December, Continental also outlined its plans for the Middle East market in 2017, which included opening some 58 new retail outlets across the region. This increased investment will see a rise in numbers of staff, enhanced storage and distribution facilities and new products designed especially for the region.

Read the source article at Home – Saudi Gazette

Tire maker Pirelli to halt Venezuela unit for two weeks

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The Venezuela division of tire maker Pirelli plans to halt its local operations for two weeks starting on Jan. 30 due to a lack of raw materials, the company said on Tuesday. Factories in Venezuela often have to reduce or halt operations as a result of chronic raw material shortages, caused primarily by exchange controls that leave companies unable to obtain dollars.

Read the source article at reuters.com