Hankook Tire Enters Trailer Tyre Segment

Hankook Tire Enters Trailer Tyre Segment

Hankook Tire entered the trailer tyre segment with the launch of the Vantra Trailer that will fit most popular trailer applications.

The company released the Vantra Trailer in nine sizes, while the Vantra Trailer for high loads (TH31) is released in three sizes.

Hankook Tire said the products are built to perform on vehicles such as campers, fifth wheel trailers, travel trailers, flatbed/hauling trailers, boat trailers and horse trailers, and are engineered to deliver exceptional durability and stability under heavy-duty conditions.

The Vantra Trailer features a high stiffness pattern block and decoupling grooves optimized for heavy-duty performance. Its structure is built for enhanced durability and stability as well as improved traction in all road conditions.

The Vantra Trailer for high loads (TH31) is designed with a main zig-zag groove that provides excellent traction and water drainage under various road conditions, as well as asymmetric grooves that helps eject stones. The tyre also features an all-steel radial structure for maximum durability as well as a new compound mixing system called Innovation Mixing System (IMS) that minimizes disconnection of polymer chains and oxidation for enhanced durability.

“We’re committed to offering tyre products that enable consumers to enjoy the freedom of the open road – and the adventure of the great outdoors. Ideal for boat, cargo, RV and other types of trailers, the Vantra Trailer products offer outdoor enthusiasts the same high level of quality and performance as our passenger, SUV and light truck tyres,” said Sooil Lee, President and CEO of Hankook Tire & Technology. “We are eager to enter this segment and look forward to serving the market with our new and innovative Vantra Trailer products.”

“As our first-ever products in the trailer tyre segment, we wanted to develop tires that would deliver exceptional performance and stability in heavy duty conditions,” said Kijong Kil, Vice President of RE Development. “Both products are designed to withstand heavy loads and perform on a variety of road conditions, which are essential for trailer applications.”  (TT)

 

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    LANXESS Successfully Lists EUR 500 Million Bond On Luxembourg Stock Exchange

    LANXESS Successfully Lists EUR 500 Million Bond On Luxembourg Stock Exchange

    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)

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      Goodyear Launches RT-3B Retread For OTR Tyres

      Goodyear Launches RT-3B Retread For OTR Tyres

      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)

       

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        Anshuman Singhania is new MD of JK Tyre

        Anshuman Singhania is new MD of JK Tyre

        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.

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          Yokohama Off-Highway Tires Breaks Ground for its Andhra Pradesh, India Plant

          BluSmart raises INR 2 billion in pre-Series B Round

          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.

           

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