Goodyear Discovers Soybean Oil Can Reduce Use of Petroleum in Tires

     Goodyear Discovers Soybean Oil Can Reduce Use of Petroleum in Tires

PR Newswire

AKRON, Ohio, July 24, 2012

AKRON, Ohio, July 24, 2012 /PRNewswire/ -- The Goodyear Tire & Rubber Company
(NYSE: GT) today announced a development that could help consumers and the
environment by reducing the amount of petroleum-based oil used in tires, while
at the same time, extending tread life.

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Goodyear researchers at the company's Innovation Center here have found in
their tests that using soybean oil in tires can potentially increase tread
life by 10 percent and reduce the tiremaker's use of petroleum-based oil by up
to seven million gallons each year.

In addition, testing at Goodyear's tire plant in Lawton, Oklahoma showed
improved mixing capabilities in the manufacturing process. The company found
that rubber compounds made with soybean oil blend more easily with the silica
used in building tires.  This can improve plant efficiency and reduce energy
consumption and greenhouse gas emissions.  

"Goodyear is committed to caring for the environment and communities, and use
of soybean oil is proving to be another way to accomplish this goal," said
Jean-Claude Kihn, Goodyear's chief technical officer.  "Consumers benefit
through improved tread life, Goodyear gains with increased efficiency and
energy savings and we all win whenever there is a positive impact on the
environment."

Prototype tires built in Lawton will be tested at Goodyear's Proving Grounds
in San Angelo, Texas in the coming months.  If indicators remain positive,
Goodyear expects consumers will be able to purchase tires made with soybean
oil as early as 2015.

The United Soybean Board (USB) is helping fund the Goodyear project with a
grant of $500,000 over two years.  Goodyear will display a tire made with
soybean oil on August 6-7 at The Ford Motor Company's research center in
Dearborn, Michigan, as part of an event sponsored by the USB.

"The United Soybean Board congratulates Goodyear for its commitment to
sustainability," said Russ Carpenter, USB's New Uses Committee chair and a
soybean farmer from Trumansburg, N.Y. "The ongoing discovery of novel
applications for soybean oil validates our commitment to the environment,
cultivating a renewable feedstock that reduces carbon emissions and provides a
natural replacement for petrochemical alternatives. The USB and America's
soybean farmers are excited to support Goodyear in this effort to provide
consumers with cost-effective, eco-friendly products."

The use of soybean oil is just one of the initiatives Goodyear is currently
undertaking to increase its use of renewable raw materials. Goodyear and
DuPont Industrial Biosciences continue to work together to develop
BioIsoprene, a revolutionary bio-based alternative for petroleum-derived
isoprene.  BioIsoprene can be used for the production of synthetic
rubber—which in turn is an alternative for natural rubber—and other
elastomers.  The development of BioIsoprene will help further reduce the tire
and rubber industry's dependence on petroleum-derived products.

Another effort underway in Goodyear to save non-renewable fossil fuel is
Goodyear's Air Maintenance Technology (AMT). AMT will help enable tires to
remain inflated at the optimum pressure – without the need for any external
pumps or electronics. All components of the AMT system will be fully contained
within the tire. The potential benefits of such a system include improved fuel
economy, reduced emissions, longer tire life, enhanced safety and performance.

Goodyear is one of the world's largest tire companies. It employs
approximately 72,000 people and manufactures its products in 53 facilities in
22 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.

SOURCE The Goodyear Tire & Rubber Company

Website: http://www.goodyear.com
Contact: Kerry Christopher, +1-330-256-0098; Media Website:
www.GoodyearNewsRoom.com