Kumho, Yokohama extend cooperation with R&D agreement

Collaboration between Yokohama Rubber and Kumho Tire will become even closer following the signing of a cooperative research and development agreement and a license and technology exchange agreement on 31 May. The agreements are based on the master technological alliance agreement signed by the two companies on 15 February, an agreement that in turn followed the signing of a Memorandum of Understanding on 29 November 2013. Under this latest agreement, Yokohama Rubber and Kumho Tire will begin joint research and development on new tyre-related technologies, including ultra lightweight tyres and other environmentally friendly tyre technologies, as well as new concept tyres.