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Sumitomo Rubber and Mitsubishi Chemical to Collaborate on Carbon Black Recycling

on February 10, 2025 in Industry

Sumitomo Rubber and Mitsubishi Chemical will start collaboration on resource recycling of carbon black, one of the main raw materials for tires. Under this collaboration, Sumitomo Rubber will supply Mitsubishi Chemical with recycled materials, including rubber fragments generated in the tire manufacturing process as well as crushed and processed products from used tires. Mitsubishi Chemical will feed the recycled materials...

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Sumitomo Rubber to Acquire Dunlop Brand in Europe, North America and Oceania

on January 20, 2025 in Tires

Sumitomo Rubber will acquire the trademark rights to the Dunlop brand of four-wheel tires in Europe, North America, and Oceania from Goodyear. The acquisition is worth $526 million, with a transfer agreement signed on January 8 and closing scheduled for May. With the acquisition of the trademark rights, Sumitomo Rubber intends to further accelerate premiumization, which it positions as the...

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Sumitomo Rubber Develops New Simulation Method to Predict Tire Noise

on December 13, 2024 in Tires

Sumitomo Rubber has developed a new simulation method that can predict tire noise on actual road surfaces more accurately and in a shorter time than ever before. By taking into account the vibration input to the tire due to road surface irregularities and the sound absorption characteristics of the road surface, the prediction accuracy has been greatly improved with an...

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Sumitomo Rubber Posts Record Revenues and Business Profit: 9M Results

on November 21, 2024 in Materials

Sumitomo Rubber reported its results for the nine months (January-September) of the fiscal year ending December 31, 2024, with sales revenue of 874.94 billion yen ($5.64 billion), up 2.8% year-on-year; business profit of 61.51 billion yen, up 46.6%; and net income of 4.05 billion yen, down 85.1%. Sales revenue and business profit reached record highs for the same period. Net...

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Influx of Low-priced Asian Tires Affects North American Market: Report

on November 18, 2024 in Industry, Tires

Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires have released their nine months (January-September) financial results for fiscal 2024. While some companies achieved record-high performance in the same period, partly due to the effect of yen depreciation, the North American market, which is in a sense a dollar box for Japanese, European, and U.S. tire makers, was affected by the...

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Sumitomo Rubber Concludes Share Transfer Agreement for Dunlop Sports Wellness

on October 9, 2024 in Industry

Sumitomo Rubber has resolved at a meeting of its board of directors to conclude a share transfer agreement for the transfer of all shares of its consolidated subsidiary, Dunlop Sports Wellness, to Nagase Brothers. The transfer is scheduled to take place in early December 2024. Regarding the share transfer agreement, the company said, “Dunlop Sports Wellness has been striving to...

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