Synthetic rubber producer Synthos has signed a Memorandum of Understanding (MOU) with Sumitomo Rubber Industries (SRI), manufacturer of the Falken tyre brand and Dunlop tyres for many markets outside Europe. Under the terms of this MoU, the partners will promote the development and use of high-performance rubber powders for the production of sustainable tyres.
Sumitomo Rubber Industries, Ltd. (SRI) has announced its financial results for the nine months ending 30 September 2024, showcasing moderate revenue growth and a significant increase in business profit, despite ongoing challenges in the global economic landscape and sluggish tyre sales in key markets.
The days of Falken and Dunlop tyre manufacture in North America are numbered. During a Board of Directors meeting held today, Sumitomo Rubber Industries, Ltd. (SRI) resolved to end production at the Tonawanda, New York-based plant operated by its Sumitomo Rubber USA, LLC (SRUSA) subsidiary, and to dissolve the subsidiary after “making the necessary preparations.” This decision affects up to 1,555 employees.
Sumitomo Rubber Industries, Ltd. (SRI) has released its consolidated financial results for H1 2024. For the six months ended 30 June, SRI reported a sales revenue of ¥587,041 million (£3.18 billion), marking a 4.6% increase from the ¥561,161 million recorded in the same period of 2023. The company’s business profit surged by 147.6%, reaching ¥42,294 million (£229.21 million), while operating profit experienced a 149.6% increase to ¥41,951 million (£227.39 million).
Sumitomo Rubber Industries, Ltd. (SRI) has begun supplying Dunlop Grandtrek AT23 and Grandtrek PT22 tyres as factory standard tyres for the new Land Cruiser 250, launched in Japan this April. The new Land Cruiser 250 will feature Dunlop Grandtrek AT23 tyres in size 265/65R18 114V and the Grandtrek PT22 in 265/60R20 112H.
Sumitomo Rubber Industries (SRI) reports a 5.3 per cent year-on-year increase in sales revenue during the quarter ending 31 March 2024, to ¥291,360 million (£1,482.03 million). Business profit surged by 190.7 per cent to ¥23,183 million (£118.04 million), operating profit rose by 166.5 per cent to ¥20,696 million (£105.31 million) and profit attributable to owners of the parent jumping by 520.2 per cent to ¥24,841 million (£126.47 million).
Sumitomo Rubber Industries, Ltd. (SRI) has commenced a collaborative research venture with Khon Kaen University, focusing on advancing techniques in rubber tree tissue culture. The Falken tyre brand manufacturer formalised this agreement at a signing ceremony held at the university’s campus in Thailand.
Sumitomo Rubber Industries (SRI) has developed its Sensing Core smart tyre technology to include a wheel security function which is set to reach production vehicles this year. Sensing Core is a flexible, sensor-less analysis and monitoring system with many different applications, including tyre pressure and wear, uneven loads and hazardous road conditions.
Sumitomo Rubber Industries (SRI) has developed its Sensing Core smart tyre technology to include a wheel security function which is set to reach production vehicles this year. Sensing Core is a flexible, sensor-less analysis and monitoring system with many different applications, including tyre pressure and wear, uneven loads and hazardous road conditions.
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