In collaboration with Hyosung Advanced Materials and SK Chemicals, Hankook Tire recently released an EV tire made using recycled PET fiber tire cords. The tire will go under the iON model name and is built to use 45% sustainable materials. Some of the materials used in its development include bio-based silica, circular PET-based tire cords, […]
Category Archives: Hankook Resources
Hino Trucks will fit its fleet of medium-duty trucks with select Hankook TBR tires for its US and Canadian markets. The two select Hankook tires include the regional AH37 and DL11. Both will be fitted in the L Series Hino trucks. The tire manufacturer has gradually set the pace in producing TBR products. The two […]
The public takeover of Hankook & Company that was supposed to take place between the 5th and 25th of last month failed. This was after the bid by MBK Partners fell short of the minimum shares required. The application resulted in 8,388,317 against 19,315,214 shares. The target was supposed to get MBK a stake of […]
There has been a sibling rivalry in the ownership of Hankook & Company as MBK Partners, the advising private equity firm, continues to push for the acquisition of a controlling stake in the former. The rivalry is between the sitting chairman and his siblings. The latter have partnered up with MBK to take over control […]
Hankook Tire & Technology recently hosted a meeting to officially launch the ‘Tire-to-tire Circular Economy Model’. The model oversees the circular economy of end-of-life tires in Korea. The goal is to create upcycling processes that turn end-of-life tires into new tires. This will push for the use of sustainable materials and help achieve carbon neutrality. […]
At the 2023 SEMA Show, Hankook Tire introduced its new Dynapro series for light trucks and SUVs. The series includes the Dynapro XT for rugged terrain, the Dynapro MT2 for muddy environments, the Dynapro AT2 Xtreme for all-terrain, and the Dynapro HT for all-season highway driving. In another announcement, the company also introduced the Dynapro […]
Brabus has added Hankook tires to its list of performance products that will be used on its vehicles. The German tuner said that the UHP Ventus S1 Evo 3 and UHP Ventus S1 Evo Z tires stood out for their high grip, improved safety on wet and dry roads, and high strength. The company intends […]
Hankook Tire recently launched a new system that helps improve the customer satisfaction and efficiency of its iON EV tires. According to the company, this new system will enhance research and development. Previous tests have shown that iON products have helped increase tire durability by up to 15%. They have also improved driving stability by […]
Ford Motor Company has recognized the Hankook Tire plant in Tennesee for prioritizing product quality, continuous improvement, service capabilities, and technological innovation. The car manufacturer awarded the company the “Quality is No. 1” (Q1) medal. The medal represents the level of quality tire suppliers across the globe uphold when matching Ford’s quality and manufacturing rules. […]
Hankook Tire recently joined the Suppliers Partnership for the Environment (SP) association to accelerate company efforts towards achieving sustainability. The association comprises car makers and suppliers working together to make an environmental impact in the American automotive industry. SP allows those involved to focus on operations, suppliers, and materials, The members work together with the […]