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Bridgestone partners with Einride to create cleaner, safer, low-carbon fleet mobility

Bridgestone Americas and Einride announced a partnership aimed at co-creating innovative and sustainable mobility solutions for electrified and autonomous Class 8 vehicles. The collaboration will allow Einride to collect new layers of safety and efficiency related data from Bridgestone’s smart sensing tires, while enabling Bridgestone to integrate its advanced mobility technologies into Einride’s onboard vehicle platforms. Together, the companies will work towards a more sustainable future for large commercial truck fleets.

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Yokohama Rubber announces first half fiscal results

Yokohama Rubber Co., Ltd., announced its business and financial results for the first half (January to June) of fiscal 2021. Profit attributable to owners of parent increased approximately 29 fold over the same period of the previous year, to 36.9 billion yen, on an approximately 16 fold increase in operating profit, to 48.6 billion yen; an approximately 13 fold increase in business profit, to 26.3 billion yen; and a 27.77 percent increase in sales revenue, to 303.9 billion yen. All of the earnings figures were Yokohama’s highest ever for the fiscal first half. Leading the growth in sales and earnings for Yokohama was resurgent momentum in tires in Japan and overseas.

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Michelin launches 15 CrossClimate2 tire sizes

The CrossClimate2 launched in 2020 and brought a combination of performance and safety attributes that have never been seen in a passenger or crossover tire in North America. The tire was initially available in 25 sizes, then 30 additional sizes were launched in early 2021. With the phase three launch, the tire is now available in 70 sizes, making Michelin’s biggest passenger tire innovation in 20 years available to a large segment of North American drivers.

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Tire shipments expected to increase in USTMA 2021 July forecast

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 336.1 million units in 2021, compared to 303.2 million units in 2020 and 332.7 million units in 2019. Compared with 2020, original equipment (OE) shipments for passenger, light truck and truck tires are expected to increase by 9.9 percent, 6.2 percent and 25.3 percent, respectively, with a total increase of 5.2 million units. Replacement shipments for passenger, light truck and truck tires are also projected to increase by 10.1 percent, 13.2 percent and 14.6 percent, respectively, with a total increase of 27.7 million units.

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Market ReportsNewsrss6

Latest World Rubber Industry Outlook now available from IRSG

The July 2021 edition of the World Rubber Industry Outlook (WRIO) is now available. The current forecast in WRIO comprises two economic scenarios: base case scenario rooted from the IMF’s base line GDP forecast; downside scenario assumes bottlenecks in reaching effective vaccine protection and high infection rates of COVID-19 variants have a drag on the normalization in mobility and recovery in contact-intensive sectors in 2021 and 2022. 

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Market ReportsNewsrss6

Fumed silica market forecast at $1.6 billion by 2031

Historically, sales of fumed silica surged at a CAGR exceeding 4 percent , closing in at over $1 billion in 2020. Prospects dipped amidst the COVID-19 pandemic, as mandatory factory shutdowns occurred to curb the spread of the novel coronavirus. Fortunately, prospects widened since the fourth quarter of 2020, as lockdowns were lifted and restrictions eased, permitting resumption of manufacturing operations.

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