GOODYEAR RELEASES ITS FIRST CITY TRANSIT TIRES MADE WITH A SUSTAINABLE SOYBEAN OIL COMPOUND

Rhea-AI Summary

Goodyear Tire & Rubber Company (NASDAQ: GT) has announced a significant advancement in its Metro Miler G152 and G652 city transit tires by incorporating a bio-based soybean oil compound to replace petroleum-derived materials. This innovative change reduces petroleum usage by approximately 11 ounces per tire, equating to a potential reduction of 20 barrels of oil for a fleet of 1,600 buses. The new formulation aims to enhance sustainability while maintaining performance. These tires are currently in production and available for order.

Positive

• Introduction of soybean oil in Metro Miler tires reduces petroleum use, enhancing sustainability.
• The change could save around 20 barrels of oil for a fleet of 1,600 buses.
• Tires maintain performance with features designed to resist sidewall damage and extend tread life.

Negative

• None.

The majority of Goodyear Metro Miler G152 and G652 tires will now use less petroleum-based materials while delivering the same performance benefits

AKRON, Ohio, May 4, 2022 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced an important step in its global journey to fully replace petroleum-derived oils by 2040. For the first time in its commercial truck tires, Goodyear is replacing a portion of the petroleum-based materials used in production of some of its most popular Metro Miler city transit tires with a bio-based soybean oil compound.

"The use of soybean oil in the majority of the Metro Miler G152 and G652 tires in production today is a significant Goodyear innovation that reduces the amount of petroleum-based materials needed for production," said Dustin Lancy, commercial product marketing manager, Goodyear North America. "In these tires, soybean oil replaces about 11 liquid ounces of free-flowing petroleum oil per tire – almost as much as a traditional soda can. Multiply that by a bus fleet of 1,600 buses, about the size used by some major metropolitan cities in the U.S., and that could mean the use of around 20 fewer barrels of oil." 

This change underscores Goodyear's commitment to using more sustainable bio-based raw materials while continuing to deliver quality and performance in its products. The new formulation in production today uses a readily available surplus of soybean oil that is left over from food applications in the marketplace.

The Metro Miler G152 and G652 also feature technology designed to resist sidewall damage, enhance toughness and provide long tread life. Reinforced shoulders and steel sidewalls help deliver long casing life, and the integrated sidewall wear indicators make it easier to spot wear due to excessive scuffing. These tires also include a multi-compound, scrub resistant tread that can stand up to the rigors of transit applications and extend tread life by resisting excessive wear, chunking, cracking and chipping.

The Metro Miler G152 and G652 tire models made with soybean oil are currently in production and available now for ordering among customers looking for tires made with more sustainable materials.

The Metro Miler G152 and G652 are part of Goodyear's Total Mobility platform of providing trusted products, a premier service network and complete tire management to our customers. For more information on the Metro Miler RTB lineup, visit www.goodyeartrucktires.com.

About The Goodyear Tire & Rubber Company

Goodyear is one of the world's largest tire companies. It employs about 72,000 people and manufactures its products in 57 facilities in 23 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

 

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SOURCE The Goodyear Tire & Rubber Company

FAQ

What innovation has Goodyear introduced in its Metro Miler tires?

Goodyear has introduced a bio-based soybean oil compound in its Metro Miler G152 and G652 tires, reducing the reliance on petroleum-derived materials.

How much petroleum is saved per tire with the new Goodyear tires?

The new formulation saves approximately 11 ounces of petroleum oil per Metro Miler tire.

What potential environmental impact does the new Goodyear tire have?

For a fleet of 1,600 buses, the new tires could lead to a reduction of around 20 barrels of oil.

When will the new Metro Miler tires be available for order?

The Metro Miler G152 and G652 tires made with soybean oil are currently in production and available for ordering.