Hankook Tire will equip the latest version of the Porsche Panamera with its new Ventus S1 evo Z Ultra-Ultra-High-Performance (UUHP) tyres.

The technologically advanced Ventus S1 evo Z tyres will be available in two sizes: 265/45 ZR19 105Y XL ND0 for the front axle and 295/40 ZR19 108Y XL ND0 for the rear axle or 275/40 ZR20 (106Y) XL ND0 tyres at the front and 315/35 ZR20 (110Y) XL ND0 at the rear.

The Hankook Ventus S1 evo Z was developed specifically – through extensive tests at the German Nürburgring racetrack – for the high-end cars segment. The tyres are equipped with aramide fibres for heat resistance and good damping properties. They prevent deformations caused by heat generated at high speeds. Such deformations can hamper the handling capabilities of the cars greatly. The tyre also features high-strength steel in the belt and bead and also gets a reinforced sidewall. This ensures great stability on the straights as well as high-precision sporty handling.

The Ventus S1 evo Z features a compound consisting of fillers, silica, natural resins and the latest functional polymers. Similar to other high-performance tyres from Hankook, the Ventus S1 evo Z features an asymmetrically designed tread pattern with three main drainage grooves positioned in the inner tread for water dissipation. The tyre, according to the company, meets performance requirements in both wet and dry conditions.

Jeongho Park, Executive Vice President and Director – OE Division, Hankook Tire, said “The Porsche Panamera is a high-performing four-passenger sports car with exceptional comfort. We are very pleased to be the first to equip this model as it proves that our products own a competitive edge in this high-end segment. Additional tyres for future Porsche models are already under development at Hankook.”

Moonhwa Hong, Vice President, OE Development Department, said “Our new Ventus S1 evo Z has been specifically developed to boost high-performance of premium segment sports cars under various conditions. These tyres will support excellent dynamics and comfort of the Porsche Panamera, allowing drivers and passengers to travel as comfortably as possible.” (TT)

LANXESS, a specialty chemicals company, has successfully placed a six-year-tenor euro benchmark bond with a coupon of 0.0 percent in the European capital market.
The company, with about 14,800 employees in 33 countries, will use the funds to finance the planned acquisition of IFF, a US-based chemical company involved in microbial control.

The new bond is listed on the Luxembourg Stock Exchange in denominations of EUR 1,000.

Michael Pontzen, CFO, LANXESS, said, “We have secured the first step of financing already quickly after the announcement of the acquisition of IFF Microbial Control and are happy about the very receptive reaction of the capital market to our offering.” (TT)

Goodyear has launched its new RT-3B bead-to-bead tread in US and Canada in sizes 20.5R25 and 23.5R25 for off-the-road (OTR) tyres.

The new retread provides all-around performance for loaders and graders. Joining the existing lineup of premium off-the-road Goodyear tyres, the retread provides up to 60 percent savings compared to a new tyre.

Used extensively in gruelling OTR applications, retreading helps extend the life of tyres while delivering high traction and minimal tread wear. Additionally, retreading promotes sustainability by reducing unnecessary waste.

The new Goodyear RT-3B is cured in a mould and press method to generate low heat through long hours of usage via its 115-level tread depth. Strongly cut-resistant in nature, the centerline lugs and open shoulder provides optimal traction.

Loic Ravasio, General Manager, Global and Americas OTR, Goodyear, said, “We are always focused on delivering high value and low cost of ownership to our OTR customers. The RT-3B is a substantial addition to our retread portfolio providing another great option for operators to help drive efficiency, reduce costs and protect the environment.” (TT)

Anshuman Singhania, Dy. Managing Director of JK Tyre, has been appointed managing director of the company, effective October 21,2020.

Anshuman Singhania joined the Company as an Executive and over the years has been deeply involved in various activities of the Company in different positions, said the company.

Singhania is also Vice Chairman of ATMA

He is a graduate from Oxford Brookes University, UK and an alumnus of London Business School. As a young leader, he started his career from the shop floor as an apprentice and has held several positions in Planning, Production, Product Development, Quality Control, Stores & Purchase, Finance as well as Sales & Marketing. Being a techno-savvy person, he has played a key role in implementing the latest technologies in the manufacturing process at JK Tyre.

Yokohama Off-Highway Tires recently held the groundbreaking and foundation stone unveiling ceremony of its new plant at Atchutapuram, Visakhapatnam - Andhra Pradesh, India.

In the online event, Masataka Yamaishi , President & Chairman of the Board, Yokohama Rubber Co., Ltd broke the ground to commence construction work.

Yamaishi San unveiled the Foundation Stone virtually in the presence of Atao Kishi San: Chairman - ATC Tires Pvt. Ltd. and Managing Officer - The Yokohama Rubber Co., Ltd., Nitin Mantri – CEO and Anil Gupta – COO and the leadership team at Yokohama Off-Highway Tires.

The new plant will have a daily production capacity of 55 tons (rubber weight), with planned capital investment totalling US$165 million. The plant, which will be the company’s third plant in India, will manufacture its three brands ALLIANCE, GALAXY and PRIMEX brand tyres.

 Yokohama Off-Highway Tires currently has two tyre plants in India—the Dahej Plant in Gujarat and the Tirunelveli Plant in Tamil Nadu.