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![Halfords: Sales up, pre-tax profits down, ‘major restructuring of tyre supply chain’ in 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/HalfordsTyreCheckEdit_09-scaled.jpg)
Halfords: Sales up, pre-tax profits down, ‘major restructuring of tyre supply chain’ in 2024
2nd July 2024On 27 June 2024, Halfords Group plc reported preliminary unaudited financial results for the year ended 29 March 2024. In short, the well-known automotive retail business reports that sales were up, but pre-tax profits were down amidst ‘major restructuring of tyre supply chain’ in 2024, which is a reference to the sale of the Viking International business to Bond International during the period.
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![3 Arlanxeo plants gain ISCC PLUS certification](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
3 Arlanxeo plants gain ISCC PLUS certification
2nd July 2024Performance elastomers firm Arlanxeo has announced a milestone on its sustainability journey. With the ISCC PLUS certifications of its EPDM plant in Geleen, The Netherlands, Butyl plant in Singapore, and EVM plant in Dormagen, Germany, Arlanxeo is pleased to offer a rapidly expanding range of sustainable synthetic rubber products under its Eco label.
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Product News
Motorsport News
- Absolute Alignment supports Power Maxed Racing in BTCC success
- Vildósola Sr wins class on Toyo Open Country tyres at SCORE Baja 500
- Pirelli – 5 F1 drivers and teams ‘evenly matched’ in Barcelona grand prix practice
- Goodyear’s ‘largest-ever’ 24 Hours of Le Mans operation proves tyre performance in LMGT3 era
- Lubricants brand Rowe partners Britcar, including British Endurance Championship, with UK distributor
Retreading News
- Vipal showing ‘commitment to sustainability’ at Tire Cologne
- 2024 marks 50 years of Bulldog and 20 years of Bridgestone partnership
- Brenno Benaglia, a pillar of the retreading business, has passed away
- Kraiburg Austria preparing for future retreading with “targeted measures”
- R&D, TIP and Alphatread amongst Hankook’s sustainability and retreading achievements
Comment
- Sustainability, new European-orientated factories and EV tyres
- East meets West: The interplay between Far Eastern tyremakers and western markets
- Leading European tyremakers investigated as part of price-fixing investigation
- Backing the right sustainability horse
- Sunak’s EV U-turn is ULEZ-related smoke and mirrors
Nokian Tyres Romania “on-track for commercial production” in 2025
At the end of Nokian Tyres’s recent statement announcing the completion of its Dayton, Tennessee tyre factory, company representatives wrote: “Later this year, Nokian Tyres will open a new production facility in Oradea, Romania, with officials reporting “it will be the world’s first zero CO2 emission tyre factory.” To find out more about both the news that the Romania factory’s construction will be complete in 2024 and its status as “the world’s first zero CO2 emission tyre facto
Continue ReadingWorld’s largest tyremakers 2024: Stable “balance of power” and ambitious manufacturers
Our latest “world's largest tyremakers" data based on the key figures for the 2023 financial year sheds light on several developments that have recently characterised the tyre market. On the one hand, there is the development of sales, which have at best moved sideways for many manufacturers compared to 2022. On the other hand, there is also the development in terms of ranking: here it is clear that companies from China are increasingly operating on an equal footing with the long-established m
Continue ReadingChina’s top listed tyremakers in 2023: a large gap between the upper and lower echelons
2023 was a good year for many Chinese tyre manufacturers. Especially for listed tyre companies, benefiting from overseas markets and production capacity advantages, they can cope with market competition more calmly. Several Chinese tyre manufacturers report that they are undergoing IPOs in the past year, but no company has completed the main board listing. Therefore, the number of tyre companies analysed this time remains at 10, namely Sailun, Linglong, Triangle, Huayi (Double Coin), Aeolus, and
Continue ReadingEnso to build US$500 million carbon-neutral US tyre factory
Enso reports that it has signed a Letter of Interest (LOI) with the Export-Import Bank of the United States (U.S. EXIM Bank) to establish a groundbreaking carbon-neutral tyre factory in America. The move is being made in conjunction with Rockwell, Arup and US-based investors 8090 Industries as well as Galway Sustainable Capital.
Continue ReadingJK Tyre launches next generation commercial vehicle tyre lines
Leading Indian truck and bus radial (TBR) manufacturer, JK Tyre & Industries has introduced its new and advanced range of commercial tyres for the transportation sector. The company introduced four new variants, the Jetway JUM XM, Jetway JUC XM, Jetsteel JDC XD, and the Jetway JUXe for electric buses. JK Tyre states that the expansion of its product portfolio underscores its “dedication to providing advanced, high-performance solutions that combine superior performance, economic benefits, and
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