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Hankook Tire Company | Hankook Tire Global official site

Company Overview Company Overview Global Network Global Automotive Partnership Media Center Awards Brand Identity Media Center Home Company Company Overview Hankook Tire & Technology drives persistent innovation to take a leap forward as a global top-tier company paving the way for the future of driving. Vision The Future Driving Innovator Hankook Tire & Technology will transform itself into 'The Future Driving Innovator' that realizes future driving through persistent innovation. We are a global leader paving the way for the global tire industry with premium brands, high-tech leadership, and ESG management with integrity. Since its inception in 1941, Hankook Tire & Technology has grown into a global leader paving the way for the global tire industry through daring challenges and astonishing innovations. We will continue to take a step forward as a global top-tier company leading the way for the future automotive industry by further reinforcing our world-renowned premium brands and high-tech leadership, and actively practicing ESG management designed to fulfill our corporate social responsibilities. Strategic Directions Value Focused Portfolio In addition to focusing our resources and capabilities on advanced markets such as North America and Europe, and high value-added products such as SUVs and electric vehicles, we also promote a qualitative growth strategy designed to maximize profits by means such as expanding production and facility infrastructure and improving operational efficiency, to pave the way for the transformation of the tire industry. Market Winning Service To provide customers with the finest products and services at the right time and right place, we will take an active role in dealing with changes in the global environment to increase the proportion of production and sales in each region, expand distribution channels, and build an advanced service infrastructure. Technology Leadership To lead the way for the rapidly changing trends in the mobility industry centering on electric vehicles and digital technology, we will not only further reinforce our development, manufacturing, and virtual technologies, but also promote digital transformation in all processes to acquire a resolute high-technology leadership. Premium Brand Elevation We will reinforce out partnership with global automakers through our premium brand 'Hankook' and 'Laufenn' which is for rational consumers, to grow into a true premium brand as well as a leading brand in the electric vehicle market. Innovation DNA To ensure a flexible and agile response to the rapidly changing business environment, we will internalize the DNA of innovation throughout our process and further cultivate our unique proactive culture, while reflecting ESG in all our business activities to further enhance our corporate value and sustainability. Global Hankook Key Figures We supply a variety of high-quality tires to over 160 countries around the globe to provide a safe and dynamic driving experience. Hankook Tire & Technology produces 120 million high-quality tires per annum and supplies them to 160 countries throughout the world. In addition, over 20,000 employees work at our business establishments located around the world, working hard to offer the best products and services to our customers. 102M TiresProduction capacity 40Global network 8Production base 160 CountriesExport destinations 20K PersonsNumber of employees Sustainability ESG Management We practice systematic ESG management at a global level to transform into a world-renowned ESG leader. For systematic ESG management, the ESG management committee leads the way in developing an ESG management system, policies, and detailed strategies to fully practice them. Through the successful implementation of ESG management, we will not only fulfill our corporate social responsibilities, but also step forward as an outstanding company paving the way for the global ESG trend. Mid/long-term greenhouse gas reduction goals Reduction of the basic unit of GHG emissions in 2030 compared to 201315% Reduction of GHG emissions in 2050 compared to 2018 50% Business Portfolio Business Principle We provide the value of high technology and premium brands based on the extensive network we have built throughout the world. We have established production, R&D, sales, marketing, and a communication network around the world as part of our efforts to provide the finest products and services tailored to the characteristics of each region. In addition, we are strategically operating three global premium tire brands of 'Hankook', 'Laufenn' and 'Kingstar'. Global Presence 4 Regional headquarters(As of the end of 2020) 8 Production base(As of the end of 2020) 5 Technical center(As of the end of 2020) 46 Branch/subsidiary(As of the end of 2020) Brand Portfolio Hankook As one of the leading brands of Hankook Tire & Technology, it operates sub-brands by vehicle types and product categories. We are serving our customers globally with sub-brands, such as iON (dedicated EV tires), Ventus (premium tires), Dynapro (SUV tires), Kinergy (comfort tires), Vantra (van tires), Winter i*cept (winter tires), and Smart (truck and bus tires). * Main product groups Laufenn Laufenn, which has been created to provide drivers with an economical driving experience, stems from the German word 'Laufenn', which denotes 'to run', and fulfills the needs of consumers who embody a simple yet sophisticated lifestyle. We manage various brands such as Z FIT, S FIT (high performance and sport product group), G Fit (product group for general passengers), X Fit (LT&SUV product group), and I Fit (winter product group). * Main product groups Kingstar Kingstar manages a product brand called 'Road Fit', which means 'the most ideal tires for the road'. * Main product groups Milestone Achievement 2021 Celebrated the 80th anniversary Took a leap forward as the 6th in global tire company ranking Began to supply tires for new Audi electric sports car 'e-tron GT' Began to supply tires for new Volkswagen electric SUV 'ID.4' Listed on the DJSI World for 6 consecutive years (Global No. 1 in the automotive part industry) Selected as the 'Tire Manufacturer of the Year' by Auto Bild, a European automobile magazine 2020 Relocated headquarters to Pangyo Technoplex Acquired Platinum grade in the EcoVadis ESG evaluation Began to supply tires for Porsche's 'Taycan' Supply Tires for New Vehicles like RS6 Avant and Audi RS7 Sportsback Entered into a partnership agreement for exclusive supply of tires for New Formula E 22/23 season 2019 Changed company name to Hankook Tire & Technology Co., Ltd. Opened the Digital Future Innovation Center (entered into an agreement with KAIST) Began to supply tires for Porsche 'Cayenne' Began to supply tires for 'New Audi SQ8' 2018 Launched 'Kinergy AS ev', a tire designed exclusively for second-generation EVs Acquired Reifen-Müller, a leading premium tire retailer in Germany Officially began to sponsor Major League Baseball (MLB) in the United States 2017 Completed building the Tennessee plant in the U.S. Opened the European test center Technotrack for winter tires Acquisition of the Australian tire company, Jax Tyres 2016 Completed building Technodorm for the new new central research center of Hankook Tire Began to supply tires for new BMW 'New 7 Series' Established Hankook Donggeurami Partners a standard workplace for the disabled Formed a marketing partnership with Real Madrid Incorporated into Dow Jones Sustainability Index World (DJSI World) 2011 – 2015 2015Began to supply tires for new Porsche 'Macan' Won the Grand Prize at the Red Dot Award Design Concept 2015 2014Launched the global strategic brand 'Laufenn' 2013Held the completion ceremony for building plants in Chongqing, China, and Indonesia Began to supply tires for Mercedes-Benz 'New S-Class' 2012Began to officially sponsor the UEFA Europa League Began to supply tires for BMW 'New 3 Series' 2011Selected as an official tire supplier for DTM 2001 – 2010 2008Completion building the Hungary Plant Selected as an official tire supplier for Audi 2005Opened the T'Station Completion building the Geumsan Test Trac(G'Trac) 2004Announced new CI 2001Completion building the European Distribution Center (EDC) 1991 – 2000 1999Completion building the Jiaxing Plant and Jiangsu Plant in China 1998Established the China Technical Center (CTC) 1997Established the Europe Technical Center (ETC) Completed building the Geumsan Plant in Korea 1992Established the America Technical Center (ATC) 1979 – 1990 1985Built the first driving test track in the tire industry in Korea 1983Acquired KS mark for all types of radial tires 1982Established the Hankook Tire R&D Center 1981Established a local subsidiary in the United States 1979Completed building the Daejeon Plant 1941 – 1978 1974Developed the first radial tire for passenger cars in Korea Recorded exports in excess of 10 million USD 1962Began exporting overseas to Pakistan for the first time 1953Changed the company name to ⟨Diaya Korea Co., Ltd.⟩ 1941Began as ⟨Chosun Daiya Industrial⟩ Hankook Tire & Technology drives persistent innovation to take a leap forward as a global top-tier company paving the way for the future of driving. Vision The Future Driving Innovator Hankook Tire & Technology will transform itself into 'The Future Driving Innovator' that realizes future driving through persistent innovation. We are a global leader paving the way for the global tire industry with premium brands, high-tech leadership, and ESG management with integrity. Since its inception in 1941, Hankook Tire & Technology has grown into a global leader paving the way for the global tire industry through daring challenges and astonishing innovations. We will continue to take a step forward as a global top-tier company leading the way for the future automotive industry by further reinforcing our world-renowned premium brands and high-tech leadership, and actively practicing ESG management designed to fulfill our corporate social responsibilities. Strategic Directions Value Focused Portfolio In addition to focusing our resources and capabilities on advanced markets such as North America and Europe, and high value-added products such as SUVs and electric vehicles, we also promote a qualitative growth strategy designed to maximize profits by means such as expanding production and facility infrastructure and improving operational efficiency, to pave the way for the transformation of the tire industry. Market Winning Service To provide customers with the finest products and services at the right time and right place, we will take an active role in dealing with changes in the global environment to increase the proportion of production and sales in each region, expand distribution channels, and build an advanced service infrastructure. Technology Leadership To lead the way for the rapidly changing trends in the mobility industry centering on electric vehicles and digital technology, we will not only further reinforce our development, manufacturing, and virtual technologies, but also promote digital transformation in all processes to acquire a resolute high-technology leadership. Premium Brand Elevation We will reinforce out partnership with global automakers through our premium brand 'Hankook' and 'Laufenn' which is for rational consumers, to grow into a true premium brand as well as a leading brand in the electric vehicle market. Innovation DNA To ensure a flexible and agile response to the rapidly changing business environment, we will internalize the DNA of innovation throughout our process and further cultivate our unique proactive culture, while reflecting ESG in all our business activities to further enhance our corporate value and sustainability. Global Hankook Key Figures We supply a variety of high-quality tires to over 160 countries around the globe to provide a safe and dynamic driving experience. Hankook Tire & Technology produces 120 million high-quality tires per annum and supplies them to 160 countries throughout the world. In addition, over 20,000 employees work at our business establishments located around the world, working hard to offer the best products and services to our customers. 102M TiresProduction capacity 40Global network 8Production base 160 CountriesExport destinations 20K PersonsNumber of employees Sustainability ESG Management We practice systematic ESG management at a global level to transform into a world-renowned ESG leader. For systematic ESG management, the ESG management committee leads the way in developing an ESG management system, policies, and detailed strategies to fully practice them. Through the successful implementation of ESG management, we will not only fulfill our corporate social responsibilities, but also step forward as an outstanding company paving the way for the global ESG trend. Mid/long-term greenhouse gas reduction goals Reduction of the basic unit of GHG emissions in 2030 compared to 201315% Reduction of GHG emissions in 2050 compared to 2018 50% Business Portfolio Business Principle We provide the value of high technology and premium brands based on the extensive network we have built throughout the world. We have established production, R&D, sales, marketing, and a communication network around the world as part of our efforts to provide the finest products and services tailored to the characteristics of each region. In addition, we are strategically operating three global premium tire brands of 'Hankook', 'Laufenn' and 'Kingstar'. Global Presence 4 Regional headquarters(As of the end of 2020) 8 Production base(As of the end of 2020) 5 Technical center(As of the end of 2020) 46 Branch/subsidiary(As of the end of 2020) Brand Portfolio Hankook As one of the leading brands of Hankook Tire & Technology, it operates sub-brands by vehicle types and product categories. We are serving our customers globally with sub-brands, such as iON (dedicated EV tires), Ventus (premium tires), Dynapro (SUV tires), Kinergy (comfort tires), Vantra (van tires), Winter i*cept (winter tires), and Smart (truck and bus tires). * Main product groups Laufenn Laufenn, which has been created to provide drivers with an economical driving experience, stems from the German word 'Laufenn', which denotes 'to run', and fulfills the needs of consumers who embody a simple yet sophisticated lifestyle. We manage various brands such as Z FIT, S FIT (high performance and sport product group), G Fit (product group for general passengers), X Fit (LT&SUV product group), and I Fit (winter product group). * Main product groups Kingstar Kingstar manages a product brand called 'Road Fit', which means 'the most ideal tires for the road'. * Main product groups Milestone Achievement 2021 Celebrated the 80th anniversary Took a leap forward as the 6th in global tire company ranking Began to supply tires for new Audi electric sports car 'e-tron GT' Began to supply tires for new Volkswagen electric SUV 'ID.4' Listed on the DJSI World for 6 consecutive years (Global No. 1 in the automotive part industry) Selected as the 'Tire Manufacturer of the Year' by Auto Bild, a European automobile magazine 2020 Relocated headquarters to Pangyo Technoplex Acquired Platinum grade in the EcoVadis ESG evaluation Began to supply tires for Porsche's 'Taycan' Supply Tires for New Vehicles like RS6 Avant and Audi RS7 Sportsback Entered into a partnership agreement for exclusive supply of tires for New Formula E 22/23 season 2019 Changed company name to Hankook Tire & Technology Co., Ltd. Opened the Digital Future Innovation Center (entered into an agreement with KAIST) Began to supply tires for Porsche 'Cayenne' Began to supply tires for 'New Audi SQ8' 2018 Launched 'Kinergy AS ev', a tire designed exclusively for second-generation EVs Acquired Reifen-Müller, a leading premium tire retailer in Germany Officially began to sponsor Major League Baseball (MLB) in the United States 2017 Completed building the Tennessee plant in the U.S. Opened the European test center Technotrack for winter tires Acquisition of the Australian tire company, Jax Tyres 2016 Completed building Technodorm for the new new central research center of Hankook Tire Began to supply tires for new BMW 'New 7 Series' Established Hankook Donggeurami Partners a standard workplace for the disabled Formed a marketing partnership with Real Madrid Incorporated into Dow Jones Sustainability Index World (DJSI World) 2011 – 2015 2015Began to supply tires for new Porsche 'Macan' Won the Grand Prize at the Red Dot Award Design Concept 2015 2014Launched the global strategic brand 'Laufenn' 2013Held the completion ceremony for building plants in Chongqing, China, and Indonesia Began to supply tires for Mercedes-Benz 'New S-Class' 2012Began to officially sponsor the UEFA Europa League Began to supply tires for BMW 'New 3 Series' 2011Selected as an official tire supplier for DTM 2001 – 2010 2008Completion building the Hungary Plant Selected as an official tire supplier for Audi 2005Opened the T'Station Completion building the Geumsan Test Trac(G'Trac) 2004Announced new CI 2001Completion building the European Distribution Center (EDC) 1991 – 2000 1999Completion building the Jiaxing Plant and Jiangsu Plant in China 1998Established the China Technical Center (CTC) 1997Established the Europe Technical Center (ETC) Completed building the Geumsan Plant in Korea 1992Established the America Technical Center (ATC) 1979 – 1990 1985Built the first driving test track in the tire industry in Korea 1983Acquired KS mark for all types of radial tires 1982Established the Hankook Tire R&D Center 1981Established a local subsidiary in the United States 1979Completed building the Daejeon Plant 1941 – 1978 1974Developed the first radial tire for passenger cars in Korea Recorded exports in excess of 10 million USD 1962Began exporting overseas to Pakistan for the first time 1953Changed the company name to ⟨Diaya Korea Co., Ltd.⟩ 1941Began as ⟨Chosun Daiya Industrial⟩

Hankook Tire Wins Corporate Social Responsibility Award from Groupe Renault

Company Hankook Tire Wins Corporate Social Responsibility Award from Groupe Renault 2018. 07. 16 - Receives highest score on Purchasing Sustainability in Groupe Renault's Social Contribution Evaluation - The company continues to strengthen strategic partnerships with global automotive brands based on global top tier technology and continuous innovation July 16, 2018 (Seoul, Korea) - Premium global tire maker Hankook Tire received the Corporate Social Responsibility Award from the global auto brand Groupe Renault at its Supplier Award ceremony. Groupe Renault holds the Supplier Award ceremony annually to award its global partners for their most notable value. This year, it awarded 12 enterprises in five sectors: Best Service, Design, Innovation, Purchasing sustainability, and Quality. Hankook Tire was selected as an outstanding company in the Purchasing Sustainability sector. This sector is evaluated on a wide range of factors that are related to corporate social responsibility, including the environment, health and safety, human rights and ethics management, actions against climate, etc. In particular, Hankook Tire received the highest score in social contribution, nominated as Highest Supplier and recognized for its global commitment in sustainable management. “Hankook Tire will continue to form strategic partnerships with global automotive manufacturers based on global top tier technology and continuous innovation,” said Hyun Jun Cho, Head of OE Division. “Furthermore, we will consistently enhance efforts to resolve environmental and social issues as a sustainability management business.” In addition to the partnership with Groupe Renault, Hankook Tire is currently supplying OE tires to approximately 310 models of 45 global vehicle brands based on world-class technology and quality. It is supplying OE tires to luxury sports cars such as Ford's All New Mustang, New Audi TT, premium SUVs such as BMW X5, BMW New X3, Audi Q7, Citroen C3 Aircross, world's best-selling vehicles such as Toyota Camry, Honda Accord, high-end brands such as Porsche, and premium sedans such as the All New BMW 7 Series. Prev Hankook Tire acquires Major German Tire Distributor 'Reifen-Mueller' 2018-07-04 Next Hankook Tire Announces 2018 Q2 Financial Result 2018-08-02 List

Hankook is convincing in independent product tests: 1st place in Auto Bild summer tyre test 2018

Products Hankook is convincing in independent product tests: 1st place in Auto Bild summer tyre test 2018 2018. 03. 13 The Hankook Ventus Prime³ is the winner of the large-scale summer tyre test 2018 conducted by German automobile consumer magazine Auto Bild. Decisive factors included the best overall braking performance from all 51 examined tyre brands. The German automobile club ADAC also awarded the best mark "Good" to Hankook's premium comfort tyre in its latest summer tyre test. The Hankook Ventus Prime³ was developed to provide an ideal blend of performance, comfort, safety and environmental friendliness. It is available on the market in more than 90 sizes for an extremely broad spectrum ranging from compact cars to luxury limousines. Neu-Isenburg, Germany, March 13, 2018 – The Hankook Ventus Prime³ has confirmed its top performance once again in independent product tests1). Following its excellent victory in the tyre test conducted by Europe's largest automobile consumer magazine Auto Bild in its debut season in spring 2016 and further international top placings in 2017, the comfort-champion of the successful Hankook Ventus product family has repeated its success this year again in tests by the specialist automotive press. After the renowned ADAC had awarded the Ventus Prime³ the top overall mark "Good" (best mark in the test) in its 2018 summer tyre test and praised the tyre for its outstanding braking performance as "very balanced tyre with top marks on dry roads and good in the wet", the Auto Bild followed suit. In probably the largest-scale tyre test involving 51 products2) including all the top brands, it was crowned the winner for the second time since 2016. The crucial factors included the best braking performance as a combination of wet and dry braking distance out of all brands – probably the most important safety feature for all car drivers. Auto Bild editors testified that the Hankook pattern to be the test winner with outstanding driving characteristics on wet and dry roads, precise steering behaviour, short wet and dry braking distance along with pleasant ride comfort amongst other things. The Hankook Ventus Prime3 was developed to provide an ideal blend of performance, comfort, safety and environmental friendliness. The very good braking performance on wet surfaces was a key task for Hankook engineers during development. To achieve this, Ventus Prime³ uses a high-grip silica tread compound and a new compounding technology which provides better distribution of polymers and fillers in the tread compound. This improved both wet braking performance and rolling resistance. The effective contact surface between the tyre and the road was increased by using a specially designed, asymmetrical tread. Along with a high tread stiffness in both radial and lateral directions, and in conjunction with special “hybrid hardness” tread ribs with different hardness levels at the outer and inner shoulder areas, the Ventus Prime³ provides an exceptional dry performance. The very good dry braking performance is achieved applying chamfered tread block edges across the entire tread surface and being able to enlarge the tyre's contact surface during braking. Newly-developed, functionalised polymers with a high molecular weight in the tread compound of the Ventus Prime³ increase its wear-resistance. The tyre is equipped with a highly-modern, lightweight, and especially sturdy Rayon carcass and a wide steel belt package including a jointless bandage and high-strength bead fillers. Besides improving handling, this ensures precise steering feedback and great control, even at high speeds. Thanks to an improved pitch design and the optimised angle of lateral profiling, as well as a sidewall optimised for air resistance, Hankook's development engineers were able to further reduce the noise level of the tyres, once again improving the tyre's comfort features. The Hankook Ventus Prime³ is market available in more than 90 sizes with tread widths from 195 to 245 for the series 65 to 40 and speed indices H-W (210 - 270 km/h) for an extremely wide spectrum of passenger cars ranging from compact cars to luxury limousines. Prev Top marks for Hankook's Ventus Prime³ from the ADAC and ranked 1st in the Auto Bild brake test 2018-03-09 Next Hankook Tire Rolls into Opening Day with New MLB Partnership 2018-03-29 List