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Hankook Tire names new Co-CEOs: Jongseon Ahn and Sanghoon Lee

A new era of leadership is taking shape at global leading tire company Hankook Tire & Technology (Hankook Tire), as the company elevates Jongseon Ahn and Sanghoon Lee to the roles of Executive Directors and new Co-CEOs, following approval made at the Annual General Meeting and Board of Directors meeting held on March 26 at its headquarters, Technoplex, in South Korea.

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UNC researchers pioneer chemical process to repurpose rubber waste

The University of North Carolina at Chapel Hill researchers introduce a sulfur diimide reagent that enables the installation of amine groups at specific locations in the polymer chains. This step is crucial because it sets the stage for the subsequent backbone rearrangement. This chemical reaction reorganizes the polymer backbone, breaking down the rubber into soluble amine-functionalized materials that can be used to produce epoxy resins.

The researchers showed that their two-step process works very well. In a test with a model polymer, they broke it down significantly, reducing its molecular weight from 58,100 g/mol to about 400 g/mol. When they applied the method to used rubber, it broke down completely in just six hours, turning it into a soluble material with amine groups that could be used to manufacture broadly useful materials like epoxy resins.

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Bridgestone develops cutting-edge tire and road wear particles collection method

Bridgestone Corporation has developed a cutting-edge Tire and Road Wear Particles (TRWP) vehicle collection method to understand the environmental impact of TRWP. These particles result from the friction between the tire and the road surface, which is essential for a safe, comfortable journey. TRWP consists of a mixture of tire tread and road pavement materials. Bridgestone is actively conducting various research activities to understand the particle size distribution, dispersion behavior, and environmental impact of TRWP, as well as to develop efficient collection methods. Through these efforts, the company is committed to both understanding and reducing TRWP generation.

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Goodyear celebrates 45 years of Eagle product line

“Win on Sunday, sell on Monday” – The name ‘Eagle’ has become closely associated with motorsports, alongside the Goodyear brand, due to its frequent appearance on motorsports tires opposite the Goodyear logo. Goodyear had occasionally used the Eagle name before, but 1980 marked a significant milestone. That year, Goodyear increased investments to lead the high-performance tire market, applying its racing technologies and expertise to consumer products. To strengthen the connection between track and road, the company decided to use the same name for both its racing and ultra-high-performance tires: the Goodyear Eagle brand.

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Hyundai Motor Group announces $21 billion investment in the US

In a significant move to bolster its presence in the United States, South Korean car making giant Hyundai Motor Group has unveiled a $21 billion investment plan. This ambitious initiative, set to unfold between 2025 and 2028, aims to expand Hyundai’s production capabilities, advance future technologies, and enhance energy infrastructure across the country.

The investment will be allocated across several key areas. Hyundai plans to invest $9 billion to increase its annual production capacity in the US to 1.2 million vehicles, encompassing its Hyundai, Kia, and Genesis brands. This expansion will reinforce existing facilities, including Hyundai Motor Manufacturing Alabama and Kia Autoland Georgia, ensuring the delivery of high-quality automobiles to American consumers.

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Rheinmetall announces the acquisition of rubber compounder Loc Performance

The acquisition of Loc Performance marks a significant milestone for American Rheinmetall. While primarily aimed at enhancing expertise in defense and industrial manufacturing, it also provides an opportunity to integrate well-established rubber compounding operations into its portfolio. This expansion aligns with American Rheinmetall’s mission to deliver cutting-edge material solutions that meet the evolving needs of defense, agriculture, and industrial applications.
By incorporating Loc Performance’s rubber mixing capabilities, American Rheinmetall enhances its production capacity and material expertise. This move positions the company as a key player in the high-performance rubber compounding sector, with an emphasis on durability, precision, and innovation.

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Arkema sets up its new headquarters in Paris La Défense

Arkema is setting up its new headquarters in the heart of La Défense, Europe’s largest business district, an ideal location to host its various partners, symbolizing a new milestone in the Group’s transformation. Inspired by Arkema’s know-how, values, and commitment to CSR, these new premises are designed to combine quality of life at work with collective performance.

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Global rubber shortfall looms in 2025 on stagnant output

The Association of Natural Rubber Producing Countries (ANRPC) reports global natural rubber production is expected to fall short of consumption for the fifth consecutive year in 2025. According to ANRPC, global production is expected to rise by 0.3% to 14.9 million metric tons in 2025, while demand is projected to grow at a much faster rate by 1.8% to 15.6 million tons.

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