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Goodyear Tire commits to switching to US soybean oil from petroleum-based oils by 2040 : Biofuels Digest

The initial research led to the discovery that soybean oil could not only improve tire flexibility across temperatures but also provide enhanced grip on road surfaces, making it an ideal choice for Goodyear’s all-weather tire line. Goodyear commercialized this innovation in its Assurance® WeatherReady® consumer tire line in 2017, the Eagle® Enforcer All Weather™ in 2018 and the Eagle Exhilarate™ in 2019, and announced the Goodyear Assurance ComfortDrive™ in 2020. Building upon that success, Goodyear recently announced a new sustainable soybean oil procurement policy that reflects its strong commitment to the responsible sourcing of raw materials. Goodyear increased its use of soybean oil in 2020 by 73% over 2018, making progress toward its long-term goal of full petroleum replacement. The new procurement policy features a variety of components, including provisions across the supply chain for responsible land use, growing, harvesting and processing. With its goal to be a

Goodyear Reports First Quarter 2021 Results

Goodyear Reports First Quarter 2021 Results First quarter Goodyear net income of $12 million; adjusted net income of $102 million First quarter segment operating income of $226 million, strongest first quarter since 2018 Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment Record first quarter consumer replacement volume in Asia Pacific Americas, EMEA consumer OE volumes outpaced market First quarter revenue per tire up 3%, excluding foreign currency News provided by Share this article Share this article AKRON, Ohio, April 30, 2021 /PRNewswire/  The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the first quarter of 2021. We delivered impressive segment operating income, which was significantly above first quarter 2020 results and also nearly 20 percent higher than first quarter 2019 despite sales volumes not yet having fully recovered to pre-COVID levels, said Richard J. Kramer, chairman, c

Gray Areas: Rotary Beerfest returns for outdoor event | News, Sports, Jobs

• A rodent that “predicts” the weather? Not interested. But a groundhog as a beer festival mascot? Sign me up. There will be no worry of six more weeks of winter after the Youngstown Rotary’s third Groundhog Craft Beerfest (then again, this is northeast Ohio. Never say never). The event, which is normally held around the time that all eyes are on Punxsutawney Phil, is being moved to July 10 this year. And instead of being inside Stambaugh Auditorium, this year’s event will take place in the Stambaugh parking lot. Punxsatawney Phil’s cousin, Youngsatowney Paul, will preside over the festivities, which will feature craft beer samples, food trucks and live entertainment.

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