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Capacity at the Prometeon Tyre Group plant in İzmit, Turkey will increase by 75 per cent by 2020 in order to accommodate plans to almost double exports from the facility. This project will be funded by a US$115 million investment announced by the company on Tuesday.
Scotland’s Finance and Economy Secretary, Derek Mackay, held urgent talks yesterday with trade unions and the management of Michelin Tyre Company Ltd. to discuss the future of the Dundee car tyre plant, following confirmation of Michelin’s intention to close the plant by 2020.
British motorcycle brand Avon Tyres is the original equipment fitment for the KTM 790 Adventure, which debuts this week at the EICMA show in Milan.
Apollo Tyres will present its new radial motorcycle tyre at the EICMA show in Milan, which opens to the public tomorrow. Although the Apollo Alpha-H1 is currently only available in India, it is nevertheless of interest to us as Apollo Tyres confirms that “preparations are now underway to further develop and tune the technology for Europe.” Furthermore, the introduction of two-wheeler tyres in Europe will be facilitated by new development and test facilities within the region.
As of today, Sailun’s ticker symbol on the Shanghai Stock Exchange has changed from ‘Sailun Jinyu Group Co., Ltd.’ to ‘Sailun Group Co., Ltd.’. The tyre maker’s securities code remains 601058.
Martin West retired as global president of Maxam Tire International Limited. He left the Sailun Group company at the end of last month and has been succeeded by Troy Kline. The president of Maxam Tire North America has assumed full responsibility for European operations.
The Schaeffler Group, best known to us as major shareholder (through holding company IHO Group) in tyre and automotive systems manufacturer Continental, has announced its intention to close two of its three plants in the UK. And Brexit, in part at least, is to blame.
Bridgestone aims to put farmers in the driver’s seat like never before, courtesy of a new downtime-reducing tyre ordering service that’s designed to “fit with the pockets of each and every business.” For the first time, Bridgestone is giving farmers the opportunity to calculate financing options for their tyres and buy directly online.
Balkrishna Industries (BKT) has provided further details regarding its plans to build a factory in the USA. With a capital outlay of up to US$100 million, funded by investments and local debt, the tyre maker intends to establish a greenfield facility with an annual capacity of 20,000 tonnes.
Via its acquisition of German tyre distributor Münchner Oldtimer Reifen GmbH (MOR), the Coker Group expects to gain greater access to the growing European market for vintage and classic tyres. The Holzkirchen, Germany-based firm will continue to be led by managing partner Valentin Schaal, who founded MOR in 1983, and the distributor’s existing management team.
Apollo Vredestein has added a new tyre to its Vredestein Traxion range. The Traxion 65/70 makes the most of proven Traxion technology to meet the specific requirements of standard and articulated compact tractors such as those frequently used in vineyards, orchards and for municipal services. Apollo Vredestein anticipates that the compact Traxion 65/70 will “set new standards” in traction, stability and wear resistance.
Logistics supply firm CEVA Logistics and Goodpack, operator of the world’s largest fleet of intermediate bulk containers, have entered into a new strategic alliance to provide solutions for the tyre industry. As part of this alliance, the two companies have developed ‘TyreCube’, an intelligent returnable container for tyres with data acquisition and track & trace capabilities.
Dunlop Motorsport tyres have been chosen as original equipment for a new sports car from UK-based manufacturer Revolution Racecars. The Revolution, which is built upon an advanced carbon-fibre chassis and brings Le Mans Prototype technology to the customer racing and track day market, will wear Dunlop-supplied dry and wet weather tyres in size 200/580R15 on the front and 265/605R16 on the rear.
At last week’s HR Excellence Awards 2018 in Singapore, Bridgestone Asia Pacific walked away with an ‘Excellence in HR Change Management’ award. Receiving bronze in this category, Bridgestone was the only tyre maker honoured at the ceremony.
For the French it’s a pastime for couples, for the Spanish a group activity, but going solo is the preferred way of doing it in the UK. We are of course talking about motorcycling – according to a survey performed by Moto-tyres.co.uk, 71 per cent of British respondents said they’d rather ride alone than in a group.
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