Yokohama Rubber forecasts higher 2017 op profit despite soaring rubber prices

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Feb 20 Yokohama Rubber Co Ltd, Japan’s third-biggest tyre maker, on Monday forecast a 12 percent increase in 2017 operating profit despite soaring prices of natural rubber and other raw materials. Asia benchmark rubber futures on the Tokyo Commodity Exchange (TOCOM) hit their highest in more than five years late last month, boosted by Chinese […]

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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

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

Yokohama names new chief operating officer

SANTA ANA, Calif.—Yokohama Tire Corp. has hired automotive industry veteran Jeff Barna to be its chief operating officer, responsible for sales, marketing and product planning.

Barna has held management, sales and logistics positions over the past 32 years at a number of companies, including Nilfisk-Advance Inc., an international company in the professional cleaning products and service industry; Exide Technologies, a global battery manufacturer; and Tenneco Automotive.

He will join Yokohama on Jan. 16 and report to YTC President Shinichi Takimoto, who praised Mr. Barna’s extensive experience in the auto aftermarket business, noting that he sold a range of products to many of the same companies that Yokohama sells to.

“Jeff will work closely with our team to strengthen Yokohama and make us more valuable to our business partners,” Takimoto said. “His experience starting at the street level of the auto parts business, to broader areas of responsibility, and right up to the board rooms of multi-national companies is a perfect match for today’s competitive business climate and our lean team.”

YTC CEO Hideto Katsuragawa called the hiring of Mr. Barna “another strategic investment in the future of Yokohama Tire Corp. in the American market….”

Read the source article at home.rubbernews.com

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

USW, importers face off at ITC duties hearing

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WASHINGTON (Jan. 26, 2017) — Depending on who’s talking, truck and bus tires imported from China are either underpriced and subsidized products that have snatched market share from domestic manufacturers or are products that have little substitutability with U.S.-produced tires.

These were the opposing views presented at the Jan. 24 hearing at the International Trade Commission (ITC). This hearing represents the ITC’s final public consideration of whether imported Chinese truck and bus tires have caused material injury to the U.S. truck and bus tire industry.

The United Steelworkers (USW) union filed petitions in January 2016 with the ITC under Sections 701 and 731 of the Trade Act, requesting antidumping and countervailing duty relief against Chinese truck and bus tire imports.

Read the source article at Tire Business

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

Global Tire Industry

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This report analyzes the worldwide markets for Tires in Thousand Units for the OEM and Replacement Categories by the following Segments: Passenger Cars, Trucks (Light Trucks, Medium/Heavy Trucks), Buses {Two-Wheelers, Aircraft, and Off-Road-Vehicles (Industrial & Utility Vehicles, & Farm Implements)}. The report provides separate comprehensive analytics for the US, CanadaJapanEuropeAsia-PacificMiddle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2022. 

Read the source article at PR Newswire

Yokohama hires Jeff Barna as COO

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SANTA ANA, Calif. (Jan. 13, 2017) — Yokohama Tire Corp. has hired automotive industry veteran Jeff Barna to be its chief operating officer, responsible for sales, marketing and product planning.

Mr. Barna has held management, sales and logistics positions over the past 32 years at a number of companies, including Nilfisk-Advance Inc., an international company in the professional cleaning products and service industry; Exide Technologies, a global battery manufacturer; and Tenneco Automotive.

He will join Yokohama on Jan. 16 and report to YTC President Shinichi Takimoto, who praised Mr. Barna’s extensive experience in the auto aftermarket business, noting that he sold a range of products to many of the same companies that Yokohama sells to.

The COO position has been vacant since early 2016 when Takayuki Hamaya was named president of Yokohama Russia L.L.C. He had been COO of YTC since 2012.

Read the source article at Tire Business