![Nokian Tyres staying in Russia](https://www.tyrepress.com/wp-content/uploads/2022/03/Nokian-Russia-sml.jpg)
Nokian Tyres staying in Russia
Nokian Tyres has explained the decision to retain its manufacturing operation in Russia, a facility that reportedly produced 82 per cent of Nokian’s passenger and light commercial vehicle tyres last year. The Finnish tyre maker states that by continuing to operate the passenger car tyre factory in Vsevolozhsk, Russia it wants to “make sure that the factory is operated and controlled by Nokian Tyres also in the future.”
Continue Reading![Bridgestone invests in autonomous driving tech firm May Mobility](https://www.tyrepress.com/wp-content/uploads/2022/03/Bridgestone-May-Mobility-sml.jpg)
Bridgestone invests in autonomous driving tech firm May Mobility
Bridgestone Americas has made a minority investment in May Mobility, marking the companys first investment in public-serving autonomous vehicles (AVs). The new partnership paves the way for the future integration of Bridgestones digital and predictive tyre-centric technologies into May Mobility autonomous vehicles. The partnership will also provide Bridgestone with insights into autonomous vehicle operations that improve its core tyre products and mobility solutions.
Continue Reading![Ukraine war’s impact on global tyre-makers acute for Nokian, manageable for others](https://www.tyrepress.com/wp-content/uploads/2022/03/Nokian-Russia-plant-sml.jpg)
Ukraine war’s impact on global tyre-makers acute for Nokian, manageable for others
The first month of Russia’s invasion of Ukraine has already revealed several consequences for mobility and the global tyre industry, as Tyrepress’s continuing coverage of the situation has shown. The resultant sanctions imposed on Russia by an international alliance and the response of multinational companies, at least 450 of which had scaled back their business in the country as of the publication of this article, will send reverberations around global economies. The tyre industry faces impacts on several fronts – higher fuel prices and further interruption to logistics chains and materials supply will have knock-on consequences for tyre sales that will unfold over the coming months. At nearly a month after the conflict began, tyre business analyst Astutus Research examines the immediate consequences for tyre manufacturing in Russia, as well as its neighbours Ukraine and Belarus. This analysis looks at the impact of events on the global manufacturers whose plants were collectively responsible for around 70 per cent of Russia’s passenger car and light truck (PCLT) output. For more Astutus Research analysis and forecasts for the global tyre business, see the report series ‘Beyond Covid-19’ in Tyrepress’s Report Shop.
Continue Reading![Pirelli stops new investment in Russia, puts brakes on tyre manufacturing in Russia](https://www.tyrepress.com/wp-content/uploads/2022/03/Pirelli-Russland-klein-.jpg)
Pirelli stops new investment in Russia, puts brakes on tyre manufacturing in Russia
Pirelli has stopped investment in the Russian market. At the same time, Pirelli is phasing down production at its two Russian tyre plants - Kirov and Voronezh. Writing in a statement published on 18 March 2022, executives confirmed that they have stopped investment in Russia “excluding those linked to security”. At the same time, Pirelli executives said: “activities of the factories in Russia will be progressively limited to those needed to guarantee the financing of salaries and social services for employees.”
Continue Reading![Bridgestone IT incident an “untargeted ransomware attack”](https://www.tyrepress.com/wp-content/uploads/2021/12/generic01-550x338-1.jpg)
Bridgestone IT incident an “untargeted ransomware attack”
Following an investigation performed by Bridgestone Americas and third-party security advisors, Bridgestone Corporation understands that the “IT security incident” that Bridgestone Americas experienced on 27 February was the result of an “untargeted ransomware attack.”
Continue Reading![Construction begins on new UK HQ for GS Yuasa](https://www.tyrepress.com/wp-content/uploads/2022/03/gsyuasa_hq_1-e1647623042932.jpg)
Construction begins on new UK HQ for GS Yuasa
GS Yuasa Battery Sales UK Ltd (GYSUK) have announced that construction has begun on a new HQ and distribution centre. The 178,500 sq ft purpose-built facility is situated in Dorcan, Swindon.
Continue Reading![Bridgestone details E8 Commitment sustainability framework](https://www.tyrepress.com/wp-content/uploads/2022/03/ECOPIA_H002.jpg)
Bridgestone details E8 Commitment sustainability framework
Bridgestone has added further details to its new global corporate sustainability commitment, launched at the beginning of March 2022. The E8 Commitment represents a framework of eight key values to build on the company’s approach to sustainable business growth and transformation. The E8 Commitment also signals the development of “Bridgestone 3.0”, the company’s third era following its initial foundation in 1931 and its emergence as a global business in 1988 following its acquisition of Firestone. The latest evolution will be driven by the company’s new sustainable and advanced mobility solutions.
Continue Reading![Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine](https://www.tyrepress.com/wp-content/uploads/2022/03/9b9205272ce8e37e_org-scaled.jpg)
Enviro reports ‘Sharp increase in interest’ in rCB due to war in Ukraine
Tyre recycling and product recovery specialists Scandinavian Enviro Systems (Enviro) is has noted “a sharp increase of interest in purchasing the carbon black and oil that Enviro recovers from end-of-life tyres” since the Russian invasion of Ukraine on 24 February 2022. Interest has been observed “among old and new customers”, but the company has not commented on what this means in terms of specific orders.
Continue Reading![Enso becomes first tyre company to gain B Corporation ESG certification](https://www.tyrepress.com/wp-content/uploads/2022/03/Gheadshot-scaled.jpeg)
Enso becomes first tyre company to gain B Corporation ESG certification
Enso, the world’s first sustainable tyre company, has become the first tyre company to achieve B Corporation Certified business status. B Corporation (also known as B-Corp or B-Lab) is a global movement of businesses supporting each other to improve and drive global change. B Corp awards a private certification to for-profit companies based on their social and environmental performance. To achieve B-Corp status, Ensos business operations and Environmental, Social and Governance (ESG) strategy were assessed by an independent third-party to evaluate its commitment to meeting high standards, and to verify performance, accountability, and transparency.
Continue Reading![Michelin halts Russian tyre manufacturing and exports to Russia](https://www.tyrepress.com/wp-content/uploads/2022/03/Michelin-Davidovo_tb.jpg)
Michelin halts Russian tyre manufacturing and exports to Russia
The Michelin Group has announced that is suspending all its “industrial activity” in Russia as well as suspending its exports to Russia. Michelin’s Davydovo tyre production plant near Moscow employs about 750 people and manufactures passenger car tyres and retreaded truck tyres. According to a statement from Michelin released on 15 March 2022, the Davydovo site’s production is “mainly for the local market”.
Continue Reading![Bridgestone lost some data in Americas ransomware attack](https://www.tyrepress.com/wp-content/uploads/2022/03/bridgestone-warren-plant-exterior.png)
Bridgestone lost some data in Americas ransomware attack
The cyberattack on Bridgestone Americas resulted in the perpetrators gaining access to “a limited number of Bridgestone systems and threatening to make this information public.” However, the Bridgestone Americas statement released in answer to Tyres & Accessories questions on 15 March also explained that the company is: “…working around the clock with external security advisors, Accenture Security, to investigate and understand the full scope and nature of the incident.”
Continue Reading![Continental and Pyrum sign development agreement, recovered carbon black supply deal](https://www.tyrepress.com/wp-content/uploads/2022/03/Continental_PP_Pascal-Klein.jpg)
Continental and Pyrum sign development agreement, recovered carbon black supply deal
Continental AG has signed a development agreement with tyre pyrolysis firm Pyrum Innovations. Continental has held “a strategic minority stake” in Pyrum since its IPO in 2021. The new deal means, among other things, high-quality recovered carbon black (rCB) is to be obtained for Continental’s tyre production. Continentals subsidiary, Reifen-Entsorgungsgesellschaft (REG), will begin supplying end-of-life tyres from the premium manufacturer to Pyrum this month. In the long term, the aim is to establish a circular economy concept for the recycling of end-of-life tyres.
Continue Reading![Zhongce Rubber Group acquires Tianli OTR, agricultural tyre manufacturer](https://www.tyrepress.com/wp-content/uploads/2022/03/Tianjin-factory.jpg)
Zhongce Rubber Group acquires Tianli OTR, agricultural tyre manufacturer
Zhongce Rubber Group (Zhongce) has acquired Tianjin United Tire & Rubber International Co, Ltd (TUTRIC), the manufacturer of the Tianli off-the-road tyre brand. The acquisition means Zhongce will expand its business into the agricultural and giant OTR tyre segments, while bolstering its already strong offering to OTR and industrial tyre markets. Established in 1985 in the coastal city of Tianjin, near Beijing, TUTRIC manufactures 35,000 tonnes of OTR and agricultural tyres per year. The TUTRIC factory at Tianjin covers an area of 480,000sqm, employing more than 1,000 people. Zhongce says the acquisition is the next step in its continued global expansion. The manufacturer is China’s largest tyre-maker, and the world’s ninth biggest in Tyres & Accessories’ 2021 ranking.
Continue Reading![Falken Tyres enters virtual racing](https://www.tyrepress.com/wp-content/uploads/2022/03/falkenGT4.jpg)
Falken Tyres enters virtual racing
Falken Tyres Europe GmbH is about to set to set foot in the world of virtual racing after forming a partnership with leading online sim racing platform iRacing. The Falken GT4 Challenge offers keen sim racing enthusiasts a chance to put their skills to the test and win a set of Falken’s tyres for their road car; including the brand new Azenis FK520 flagship.
Continue Reading![Grupo Andrés tyres sales were 219 million euros in 2021](https://www.tyrepress.com/wp-content/uploads/2022/03/Ivan-Andres-Eduardo-Salazar-Javier-ANdres-de-izda-a-dcha-medio.jpg)
Grupo Andrés tyres sales were 219 million euros in 2021
Grupo Andrés recorded tyre-related sales of 219 million euros in 2021, despite the Covid-19-related complications of 2020. According to the company, the results confirm both Andrés Neumáticos’s position as “the undisputed leader in the tyre distribution sector in the Iberian Peninsula” and its ongoing strategy.
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