Michelin launches MachXBib agricultural tyre
Michelin has launched the latest version of its popular MachXBib agricultural tyres, with a revised tread pattern that improves endurance, traction and resistance to stubble damage.
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Michelin has launched the latest version of its popular MachXBib agricultural tyres, with a revised tread pattern that improves endurance, traction and resistance to stubble damage.
Trelleborg Group has reported “satisfactory” second quarter 2020 financial results “under the circumstances”, the company stated in its second quarter results. Specifically, Trelleborg Group organic sales declined 19 per cent, albeit with an improvement in the latter part of the quarter. As a result, net sales for the second quarter declined 18 per cent to 7,689 million Swedish krone. Pre-tax profits (EBIT) declined 29 per cent, corresponding to an operating margin of 12.3 per cent. At the same time, operating cash flow was strengthened “significantly”, according to the company.
Sailun’s SDR1 truck tyre has attained TÜV SÜD MARK certification, the first Chinese manufacturer in the tyre industry to do so, according to the company.
The SDR1 series of tyres from Sailun are sold in more than 30 countries and regions in Europe, such as Germany, France, the United Kingdom, Italy, Poland, and Spain and has been well received by all Sailun dealers in Europe. For Sailun, gaining TÜV SÜD certification “not only demonstrates Sailun’s strengths in development and production in high-end tyre products, but it also signifies the approval of the European market towards its products, laying the foundation for growth in this high-end market”.
Continental has reported second quarter 2020 consolidated group sales of 6.620 billion euros. This equates to -39.8 per cent drop year-on-year. Pre-tax profits (EBIT) came in at -9.6 per cent of sales (-636 million euros). However, sales in the Rubber Technologies division, which includes tyres, were 2.962 billion euros and the adjusted EBIT margin was 1.2 per cent (around 36 million euros). Thus, Continental’s tyre business has managed to remain profitable despite the obvious pressures of the coronavirus context.
Previewed at last year’s Autopromotec, Hamaton is promoting its H47 device, which the company calls “the most cost-effective diagnostic tool launched by Hamaton to date.”
A cross-party group of MPs with bus manufacturing sites within their constituencies have written to the Prime Minister to demand the £3 billion he committed in February to fund investment in “at least 4,000 new zero emissions buses” is brought forward as soon as possible.
Toyo Tire Corporation has been selected as the member of three ESG indexes: the FTSE4Good, FTSE Blossom Japan and the SOMPO sustainability index.
The NTDA has welcomed the news that business events and conferences will be permitted to resume from 1 October 2020. Association chief executive Stefan Hay commented: “We really welcome this news which is a very positive move forward for the 2020 NTDA Tyre Industry Conference, Annual Dinner and Tyre Industry Awards which we are currently planning to run on Thursday 5 November at the VOX Conference Centre at Genting Resorts World, Birmingham NEC.
BBS’s provisional administrator, Thomas Oberle, as provisional insolvency administrator, has clarified that there are not “structural problems” at the firms two plants in Schiltach and Herbolzheim. And therefore, that was not the reason for the well-known wheel brand’s recent insolvency our German group publication Reifenpresse.de reported.
Bridgestone and ETB Autocentres have introduced the Mobox all-inclusive monthly tyre subscription service in the UK. First piloted in 25 First Stop stores across France in October 2017, Mobox has now been expanded to 30 Speedy shops in France and 20 First Stop stores in Spain since June 2018. The programme was rolled out in other European nations in 2019 and now makes its UK debut.
Puncture proof tyres are said to be increasing demand – despite criticism from recycling associations of such products. In line with this trend, according to media reports Hankook is significantly expanding its self-sealing production capacity in China.
Battery maker Britishvolt has signed an MoU with the Welsh Government to develop a 30 GWh manufacturing plant, and supplementary 200MW solar plant, at the former RAF base at Bro Tathan, Vale of Glamorgan, South Wales. It is anticipated that the initial £1.2 billion of investment from the company could eventually lead towards up to 3,500 jobs. Construction is scheduled to begin in early 2021.
Wheel manufacturer BBS applied for bankruptcy protection at the district court in Rottweil, Germany on Monday 13 July 2020. It is the third time in the past 15 years BBS has done so. There were also bankruptcies in 2007 and 2011, our German group publication Neue ReifenZeitung (reifenpresse.de) reported.
Orion Engineered Carbons S.A. has completed a significant upgrade of its emissions controls at its plant in Orange, Texas. As a result of these actions, the site complies with strengthened environmental standards which reduce the site’s emission permits for NOx and SO2 by 2,300 metric tons of air pollutant emissions per year.
Continental Tyres has unveiled a new commercial vehicle steer tyre, designed for high mileage and even wear during both regional and long-haul use – the Conti Hybrid HS3+. The Conti Hybrid HS3+ will be available in the UK from August 2020.
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