Goodyear has set the goal of fully replacing petroleum-derived oils by 2040 by switching to “materials that deliver best-in-class quality and performance”. But how? And which materials? That’s where soybeans come in.
The Goodyear Tire & Rubber Company is aiming to achieve US$3 billion in annual segment operating income by 2020. At the same time the company is planning to attain cumulative free cash flow of $4.3-$4.9 billion from 2017 to 2020.