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MAN Truck & Bus has confirmed to Tyrepress.com that it stopped all delivery call-offs to Linglong Tire at the end of November, emphasising that “we take the allegations that human rights violations have occurred in this context very seriously.” Linglong first announced its original equipment tyre supply to MAN more than two years ago.
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Toyo Tires is bringing its sustainable content off-road tyres to January’s Dakar Rally, supplying two versions of its Toyo Open Country M/T-R to selected competing vehicles. This means that Toyo tyres containing up to 60 per cent non-fossil materials by weight will negotiate the approximately 5,000-mile route around one of the world’s largest oil producing countries.
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Despite market conditions it refers to as “challenging,” Nokian Tyres claims to have “set production records” at its North American factory in 2024, and also expanded its product range and grew market presence within the region. Monthly production highs in October and November contributed towards the “best year ever” at the 2019-opened Dayton, Tennessee factory.
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A little over a year after first selecting a site near Germany’s border with Luxembourg for its second wholly owned waste tyre pyrolysis facility, Pyrum Innovations AG has progressed plans further by submitting approval documents relevant to Germany’s Federal Immission Control Act (BImSchG).
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Up to around 541,600 Fortune and Prinx branded tyres are subject to recall in North America. According to information published by the National Highway Traffic Safety Administration, Prinx Chengshan Tire North America’s voluntary recall involves certain Fortune Tormenta and Prinx Hicountry light truck tyres sold in the Aftermarket. Documentation related to the recall indicates that the tyres are marked with a sidewall symbol they’re not entitled to in North America.
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Yesterday morning, Yokohama Rubber held a groundbreaking ceremony for its Hangzhou Qiantang Yokohama Tire Co., Ltd plant in China. Yokohama Rubber intends for the factory to begin operations in 2026 with an initial production capacity of 9 million passenger car tyres a year, a quantity that will deliver estimated annual revenues of RMB 3.5 billion (£379.6 million). The factory’s planned final yearly capacity is 14 million tyres.
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Some six weeks after the actual start of production at the Haohua Vietnam Co., Ltd tyre factory, company officials hosted national and local dignitaries for the facility’s inauguration on 14 December. During the ceremony, the company shared details about the planned second phase of development at the site.
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With the installation of a new milling line at its Hawkesbury site in Canada, Ecolomondo Corporation will have the capacity to mill an additional tonne or so (2,200 lbs) of recovered carbon black (rCB) hourly. This milling line replaces a previously installed line which failed to achieve the promised output of 725 kg (1,600 lbs) per hour of rCB and additionally didn’t yield the particle size of 10-15 microns required by many Ecolomondo rCB off-takers.
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Criminal proceedings have been dropped against the pyrotechnician whose fireworks hit the headlines following a major blaze at Germany’s largest tyre wholesaler, Reifen Göggel. The pyrotechnician was charged with negligent arson after a fire broke out during the wedding celebration of then-company owner Bruno Göggel in July 2022. The blaze caused 22 million euros of damage to Reifen Göggel’s facility in Gammertingen, Baden-Württemberg.
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Sailun Group Co., Ltd. has authorised a foreign exchange hedging programme to mitigate risks from currency fluctuations affecting its operations, particularly those related to US dollar and euro denominated transactions. The programme, approved by the company’s Board of Directors on 13 December and confirmed by its Supervisory Board, allows for transactions up to RMB 6 billion (£653.1 million) or its equivalent in foreign currencies between 1 January and 31 December 2025.
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Yokohama Rubber Company has commented on the upcoming appointment of Angelo Noronha to the role of President & CEO of Yokohama-ATG, with Co-Chief Operating Officer Nitin Mantri stating that Yokohama Rubber is “excited to have Angelo lead Y-ATG.” Noronha, who is currently President of Global Aftermarket Sales, will take on this new remit from 1 January 2025.
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Sailun Group is introducing a mechanism outlining its approach to profit distribution, which balances the need for long-term development with that of delivering reasonable returns for shareholders. Specifically, the new Sailun Group Co., Ltd. Shareholder Return Plan (2025-2027) aims to encourage long-term investment and sustainable growth, provide stable returns to investors, align the company’s activities with regulatory requirements, and enhance decision-making and policy stability.
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The winter tyre is 90 years old in 2024. Nokian Tyres brought the Kelirengas, its first product with a winter-specific tread pattern, to market in 1934. This was also the year that Continental threw its hat into the winter tyre ring with a tyre called the Gelände.
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In addition to taking on the positions of Chief Executive Officer within Bridgestone Corporation’s Bridgestone East regional business and G-MICA (Global Mining, Industrial, Construction, and Aviation Tire Solutions Business), from 1 January 2025 Nobuyuki Tamura will also become Chairman and Representative Board Member of Bridgestone Cycle Co., Ltd. Tamura succeeds Fumihiko Eitiko, who is retiring effective 31 December 2024.
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German specialty chemicals company Evonik has announced plans to adopt a “new segment structure” and a “significantly leaner management model” that will lead to significant job cuts. From April 2025 its business units, currently grouped into four divisions, will be corralled into two segments – Custom Solutions and Advanced Technologies – and managed directly by members of the company’s Executive Board.
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