Sumitomo Rubber Industries Ltd. (TYO:5110) announced on Aug. 7 that it has established production facilities for truck and bus tires at its South Africa Factory, beginning production for this on July 19. Having invested approximately 970 million rand ($64.73 million) into the facilities, the company expects that production capacity will get up to 750 truck and bus tires per day...
Sumitomo Rubber Industries Ltd. (TYO:5110) is set to begin rolling out Espia W-Ace, a new series of studless winter tires for passenger cars, under the Falken brand starting from Aug. 1. Aside from excellent performance on ice and snow surfaces, the Espia W-Ace offers high-level performance in wet conditions and safe handling at high speeds. The series will launch with...
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that its vibration control damper will be used by Obayashi Corp. (TYO:1802) for the seismic retrofitting of Kumamoto Castle’s keep. The viscoelastic damper absorbs tremors by instantly converting seismic energy to heat, and uses high-damping rubber developed based on the advanced technology Sumitomo Rubber has accumulated for racing tires. The rubber has also...
Sumitomo Rubber Industries Ltd. (TYO:5110) held a general shareholders meeting on March 29, with the company fielding questions from shareholders on three main topics: sales strategy in regions where the Dunlop brand is struggling, the impact of the recent strong yen, and responses to the trend toward electric vehicles (EVs). A Sumitomo Rubber representative noted that in Europe, the U.S.,...
Member unions of the Japanese Rubber Workers Union Confederation (JRC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Looking specifically at the per-company wage demands for 35-year-old workers in the tire industry, unions are demanding a 5,600 yen ($52.70) increase from Bridgestone Corp. (TYO:5108), a 5,500 yen...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently started delivering the Dunlop Enasave EC300+, an environmentally friendly tire, to Nissan Motor Co. Ltd. (TYO:7201) for use in the automaker’s updated Nissan Serena e-Power, which is slated for a Japanese launch this March. The Enasave EC300+ has been developed with optimization of the new Serena e-Power’s performance in mind. Aside from its high...
