Hankook tyres on Infiniti QX60
Hankook Tire is supplying original equipment tyres for the 2022 Infiniti QX60. The SUV will wear the Hankook Dynapro HP2 in size 255/50R20.
Hankook Tire is supplying original equipment tyres for the 2022 Infiniti QX60. The SUV will wear the Hankook Dynapro HP2 in size 255/50R20.
S&P Global has awarded two tyre makers a Gold Class rating in its Sustainability Yearbook 2022. In addition to Pirelli reaching this status, which we reported on 1 February, S&P Global has also placed Hankook Tire & Technology in the Gold Class.
Tyre maker Hankook has released its results for the 2021 financial year. The company achieved global sales of KRW 7.142 trillion (£4.4 billion), 10.7 per cent higher than in 2020, and a year-on-year increase in operating profit of 2.2 per cent to KRW 641 billion (£395.1 million). Momentum slowed in the second half of the year as the global economy collectively tackled issues such as global supply chain disruption, semiconductor shortage and rising raw materials costs.
Hankook Tire & Technology is collaborating with Korean sportswear brand Prospecs to release a series of running shoes with enhanced grip in wet and wintry conditions. Prospecs provides this extra traction by utilising the tread pattern from the Hankook Kinergy 4S2 all-season tyre on the trainers’ soles.
With the attainment of three additional ‘Certifications of Exemplary Laboratories in Safety Management’, five laboratories within Hankook Tire’s R&D centre in Korea are now officially certified for excellent safety management.
Hankook Tire has announced it will provide formic acid, an eco-friendly coagulant, to rubber farmers in West Kalimantan, Indonesia. It says this measure furthers its “commitment to enhance the sustainability across its value chain for natural rubber.”
Curtis Brison is the new president of Hankook Tire North America (formerly Hankook Tire America). He succeeds Sooil Lee, who remains chief executive officer of Hankook Tire & Technology. Additionally, Hankook Tire North America has promoted Robert Williams to senior vice president of Truck, Bus and Radial (TBR) sales and Jong Jin (JJ) Park to vice-president of marketing.
Hankook Tire & Technology is jointly showcasing its ‘i-Flex’ non-pneumatic tyre with Hyundai Motor Company at the Consumer Electronics Show (CES) 2022, which begins today in Las Vegas. The tyre will appear in Hyundai’s new Plug & Drive (PnD) Module, a modular platform based on robotics technology that enables mobility of traditionally inanimate things. Hankook says its i-Flex maximises the “characteristics and functions of the PnD module.”
Cho Hyun-bum has been officially inaugurated as chairman of Hankook & Company, holding firm for Hankook Tire & Technology. Hyun-bum is the younger son of former chairman Cho Yang-rai, who becomes the company’s honorary chairman.
Project TREE is the first attempt to establish natural rubber traceability using blockchain, and the UK is the first market where consumers can buy tyres containing verifiable sustainable rubber. Following the launch of traceable Pirelli tyres earlier this month, Hankook Tire & Technology is now distributing tyres manufactured through the project.
Ocean freight is in the midst of a predicament. The global shortage of shipping containers, primarily caused by the COVID-19 pandemic, has led to continued port congestion and freight prices at all-time highs. Hankook Tire & Technology has worked with Hapag-Lloyd AG, the world’s fifth largest liner shipping company, for more than 20 years and now aims to strengthen its logistics capabilities through a new partnership.
For many petrolheads, a lap of the Nürburgring is akin to a pilgrimage, and the circuit in Germany’s Eifel region is also a favourite site for performance car developers. Hankook Tire now has a presence in the neighbourhood, too. During a small ceremony held yesterday, the tyre maker officially opened the Nürburgring Workshop, a new branch office of its Hankook Europe Technical Centre (ETC).
The Hankook Group has acquired a majority shareholding in Preciseley Microtechnology Corp, a global specialist in optical MEMS (micro-electromechanical solutions) systems. In making the acquisition, Hankook is seeking synergies with complementary technologies to generate new business and growth opportunities. The most immediately obvious of these is Preciseley Microtechnology’s optical automotive applications for 3D environment detection.
Japan’s Itochu Corporation announced today the commercial launch of Project TREE, an initiative that uses a blockchain-based traceability system to ensure the sustainability and traceability of natural rubber. Partners participating in the Project include Itochu subsidiaries and tyre manufacturers, and the UK will be the first market to benefit.
A 32-million-euro investment in warehousing is taking place at Hankook Tire’s factory in Rácalmás, Hungary. Hankook has already begun building warehouses for the storage of both raw materials and finished tyres and anticipates that the facility will begin operating within a year.
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