News from Notch Consulting, Inc.

September 21, 2017

Hankook debuts first American-made tire line

Filed under: Tires — Notch @ 4:00 pm

Hankook Tire America Corp. has introduced the Kinergy PT (H737), a premium touring all-season tire that is the first product made exclusively at the company’s new plant in Clarksville, Tennessee.

The KINERGY PT utilizes a specially formulated tire compound to enhance traction in all conditions and a strong rolling resistance profile to improve mileage performance. The tread design incorporates a high-stiffness center rib and unique circumferential out grooves for optimized water evacuation, providing excellent traction in both wet and dry conditions. When temperatures dip below freezing, the KINERGY PT tire’s wider footprint will provide a better cornering response and improved handling.

The Kinergy PT will be one of the primary tires produced at Hankook’s Clarksville plant, its first production facility in North America.

Read the full press release here.

Goodyear, Giti, Hankook plants due on stream

Filed under: Tires — Tags: — Notch @ 3:42 pm

With three new factories poised to begin production in the coming months, tire manufacturing in North America will see a significant boost.

Together the plants — Goodyear’s in San Luis Potosi, Mexico; Giti’s in Clarksville, Tenn; and Hankook’s in Richburg, S.C., represent nearly 17 million units of new annual capacity for passenger and light truck tires.

Giti and Hankook have scheduled ribbon-cuttings for October. Goodyear has yet to announce similar plans for its factory.

Goodyear’s plant, its first new factory in the Americas in 25 years, represents an investment of $550 million and is rated at 6 million tires a year.

Giti’s 1.8 milllion-sq.-ft. plant represents a $560 million investment. Capacity will be 5 million car and light truck tires a year

Hankook’s 1.5 million-sq.-ft. Clarksville plant represents a $580 million investment. The firm, a unit of South Korea’s Hankook Tire Co. Inc., plans to ramp up production steadily by 2018 to the rated capacity of 16,000 units a day.

Sourced article can be found here.

Cabot Opens Asia Technology Center in Shanghai

Filed under: Carbon Black, Rubber — Notch @ 12:51 pm

On September 14, Cabot Corporation officially opened its new Asia technology center on the campus of its regional headquarters in Shanghai.

The nearly 48,500-sq.-ft. technology center will enhance Cabot’s application development capabilities and will provide a “collaboration platform to deliver innovative solutions” to customers throughout Asia Pacific.

Bringing together approximately 30 researchers and scientists from all of Cabot’s businesses, the lab will support Cabot product lines including rubber and specialty carbons, fumed metal oxides, masterbatch and compounds, activated carbon and inkjet colorants with testing and development capabilities that closely represent Cabot’s customer applications.

“This investment in China is strategically important to our ability to deliver on our vision and goal of driving application innovation with our customers by developing solutions that deliver advanced performance,” President and CEO Sean Keohane said.

Read the full press release here.

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