Although Sumitomo Rubber Industries’ (SRI) sales revenues and particularly profit for the first nine months of 2021 were healthily above those achieved a year earlier, the Japanese firm has downwardly revised its sales and profit forecast for full-year 2021.
Sumitomo Rubber Industries, Ltd. (SRI) has unveiled its ‘Nano Black’ design technique. The company behind the Falken brand shares that the use of Nano Black is a process of applying a deeper black colouring to letters, logos and patterns on tyre sidewalls. This newly developed technique involves adding extremely fine ridges to the sidewall surface in order to inhibit the reflection of light, thereby producing a deeper shade of black than conventional hues.
Toyota has a new flagship SUV that it will sell in 170 countries and regions around the world – but not in the UK or Western Europe. This 13th generation of the Toyota Landcruiser is called the Landcruiser 300, and the Japanese manufacturer considers it a “complete redesign” of the 2007-launched 200 series. Sumitomo Rubber Group continues as a key supplier and will provide the Landcruiser 300 with two Dunlop tyre models.
This month, Sumitomo Rubber Industries, Ltd. (SRI) begins a proof-of-concept study to determine the viability of harnessing hydrogen energy for tyre manufacture. The study will take place at SRI’s plant in Shirakawa, Japan and is being supported by national research and development agency the New Energy and Industrial Technology Development Organization (NEDO).
Sumitomo Rubber Industries, Ltd. is increasing production capacity for both consumer and truck tyres at its factory in Brazil. With an investment of 1.064 billion Real (£148.7 million), the company will boost capacity for passenger vehicle and light truck tyres from 18,000 to 23,000 tyres a day by April 2024. It will lift truck and bus tyre capacity from the current level of 1,000 tyres a day to 2,200 per day by April 2025.
The first Falken tyre to feature Sumitomo Rubber Industries’ proprietary Coreseal puncture sealant technology goes on sale in Europe this month. Coreseal will initially be available on two sizes of the all-season Falken Euroall Season AS210 pattern.
Sumitomo Rubber Industries, Ltd. has pledged to support the recommendations given by the FSB’s (Financial Stability Board) Task Force on Climate-Related Financial Disclosures (TCFD). In a statement, the Japanese tyre and rubber products maker declares that moving forward, it will “strive to follow the TCFD recommendations by working to actively disclose information concerning both the risks and the opportunities that climate change presents” in regards to four key areas of its business: Governance, Strategy, Risk Management and Goals/Indicators.
Sumitomo Rubber Industries has begun supplying the Dunlop Enasave EC300+ to Lexus for certain versions of its first all-electric model, the UX300e. Meanwhile, Hankook Tire shares that it will equip the 2021 Honda Vezel hybrid for the Japanese market with its Kinergy Eco² tyre ex works.
Sumitomo Rubber Industries (SRI) has become one of the first industrial sector users to access the world’s most powerful computer. SRI is using the new ‘exascale’ Fugaku supercomputer to expand its materials simulation capabilities at the smallest particle level. The manufacturer has previously tapped into supercomputer technology to assist with the development of its tyre technology. Its tyre engineers previously used Japan’s K-supercomputer to launch its 4D NANO Design process. SRI credits the resulting step change in performance with the increasing number of accolades and original equipment deals subsequently achieved by its Falken tyre range list.
The eleven leading tyre manufacturer members of WBCSD’s Tire Industry Project (TIP) have launched a Roadmap to accelerate tyre value-chain impact on the Sustainable Development Goals (SDGs). The SDGs were adopted by all United Nations Member States in 2015 to address some of the world’s most pressing issues by 2030. The members of TIP, in alphabetical order, are: Bridgestone, Continental, Cooper Tire, Goodyear, Hankook, Kumho Tire, Michelin, Pirelli, Sumitomo Rubber, Toyo Tires, and Yokohama Rubber.
Falken Tyre’s parent company, Sumitomo Rubber Industries (SRI) has successfully developed technology that generates electric power from tyre rotation and supplies this to peripheral tyre sensors. The company says that this marks a major leap towards achieving Sensing Core Technology applications that will be instrumental in enabling future mobility trends.
Following last month’s preview of the 2021 report, Brand Finance has released its full Tyres 10 ranking. According to the 2021 table, the tyre sector has taken a hit over the last year, with all 10 brands losing brand value. Brand Finance unsurprisingly puts this decline down to the pandemic-related behavioural changes: “Owing to the lack of travel due to lockdowns, car sales are declining, which means tyre brands are selling less units, resulting in a drop in market equity across the industry. Furthermore, since the economy has been riskier in general over the past year, investor risk has increased, triggering a rise in the cost of capital.”
Sumitomo Rubber Industries (SRI) has presented the “next evolution” of its proprietary Advanced 4D Nano Design materials development technology. The manufacturer of the Falken and (outside Europe) Dunlop tyre brands also reports it is utilising supercomputer technology to accelerate its work on materials simulation.
Sumitomo Rubber Industries (SRI) is working to achieve carbon neutrality in its tyre manufacturing processes by 2050, and as part of these efforts recently began examining the possibility of utilising hydrogen energy within its major tyre factories in Japan. In order to “participate more actively in efforts to overcome the challenges involved in bringing about the hydrogen economy while also exchanging useful information with other companies and organisations,” SRI has joined the Japan Hydrogen Association.
Sumitomo Rubber Industries (SRI) has announced the next evolution of Sensing Core, and says this latest update to its tyre sensing technology is “revolutionary”. In addition to tyre pressure, tyre load and load conditions, Sensing Core can now detect tyre wear.
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