![Continental reorganises Public Affairs Department](https://www.tyrepress.com/wp-content/uploads/2022/01/continental-thorsten-burger-scaled.jpg)
Continental reorganises Public Affairs Department
Continental is consolidating its public affairs and external affairs activities under its Group Public Affairs department. Dr Thorsten Burger (43), previously head of external affairs, has become the new department’s head, also overseeing Conti’s Berlin political office.
Continue Reading![Itochu: Murfitts Industries acquisition about sustainability and vertical integration](https://www.tyrepress.com/wp-content/uploads/2022/01/news_211220_1_en.png)
Itochu: Murfitts Industries acquisition about sustainability and vertical integration
When Kwik-Fit and Stapleton’s owner ETEL announced the recent acquisition of UK tyre recycling specialist Murfitts Industries on 20 December 2021, ETEL’s owner – the Japanese Itochu Group – also shared details of its rationale for the takeover.
Continue Reading![Itochu bids $1.7 billion for Hitachi Construction Machinery stake](https://www.tyrepress.com/wp-content/uploads/2022/01/eh3500ac_3_on_sitebb4.jpg)
Itochu bids $1.7 billion for Hitachi Construction Machinery stake
Hitachi is selling around half its 51 per cent shareholding in Hitachi Construction Machinery Co Ltd for 200 billion yen (£1.271 billion; 1,524 billion euros; US$1.7 billion) to Kwik-Fit’s owner Itochu and investment fund Japan Industrial Partners, according to reports published by Nikkei on 13 January 2022. Itochu confirmed that it is “considering this matter”, but declined to give further details later the same day in a statement that read:
Continue Reading![Silver agri medal for Continental self-sealing tyre tech](https://www.tyrepress.com/wp-content/uploads/2022/01/contiseal_innovation_award-sml.jpg)
Silver agri medal for Continental self-sealing tyre tech
The German Agricultural Society (DLG) has awarded Continental a silver medal in its Agritechnica innovation awards 2022. It bestowed this honour upon the tyre maker for its Agro ContiSeal technology, a patented polymer applied to the inside of an agricultural tyre that can prevent punctures by immediately sealing any foreign object penetration.
Continue Reading![Hankook Technodome gains trio of safety certifications](https://www.tyrepress.com/wp-content/uploads/2022/01/Hankook-Technodome.jpg)
Hankook Technodome gains trio of safety certifications
With the attainment of three additional ‘Certifications of Exemplary Laboratories in Safety Management’, five laboratories within Hankook Tire’s R&D centre in Korea are now officially certified for excellent safety management.
Continue Reading![Sentury Tire intends to build 523m euro Spanish tyre plant](https://www.tyrepress.com/wp-content/uploads/2015/12/sentury_builder.jpg)
Sentury Tire intends to build 523m euro Spanish tyre plant
Sentury Tire, the tyre manufacturer behind the global Landsail tyre brand, has outlined its plan to construct a 522.59 million euro car and light truck tyre plant in the Galicia region of northwest Spain. Qingdao Sentury Tire Co, Ltd’s board of directors approved the proposal to build capacity for 12 million high performance and light commercial tyres on a three-year schedule at a meeting in the last quarter of 2021, announcing this intention to the Shenzhen Stock Exchange on 19 December. The company has implemented a 100 per cent owned subsidiary, Sentury Tire (Spain) Co, Ltd, via its Hong Kong trading company for the project, and wants to ramp up production in two phases; it expects the plant to reach 50 per cent capacity (six million tyres) after two years, with the second half added after three years. Sentury wants to achieve these milestones in 2024 and 2025 respectively, pending construction conditions in Spain and the availability of funding, which Sentury plans to self-raise.
Continue Reading![Modular wheel-arch technology specialist aims for OE EV REE-volution](https://www.tyrepress.com/wp-content/uploads/2022/01/Leopard2.jpg)
Modular wheel-arch technology specialist aims for OE EV REE-volution
With the latest SMMT data naming the Tesla Model 3 as the most popular new-car in December as well as the second most popular in 2021 – no-one can deny that the era of electric vehicles is well and truly upon. However, while internal combustion engines (ICE) have generally separated engine, wheel and tyre, electric vehicles are bringing these vital mobility components closer together than ever.
Continue Reading![Unlikely to harm competition – regulator approves Michelin’s Allopneus acquisition](https://www.tyrepress.com/wp-content/uploads/2022/01/Allopneus.jpg)
Unlikely to harm competition – regulator approves Michelin’s Allopneus acquisition
French competition regulator the Autorité de la concurrence has approved the Michelin Group’s move to acquire sole control over French tyre e-tailer Allopneus SAS and its subsidiaries. In a statement published on 28 December, the Autorité said it cleared the deal unconditionally in the belief that it is “not likely to harm competition.”
Continue Reading![Goodyear names Christian Gadzinski as IR head](https://www.tyrepress.com/wp-content/uploads/2022/01/christian-gadzinski-20220110.png)
Goodyear names Christian Gadzinski as IR head
The Goodyear Tire & Rubber Company has appointed Christian Gadzinski as senior director of Investor Relations. He reports to Christina Zamarro, vice president, Finance & Treasurer.
Continue Reading![Titan International shares up 49% after market consolidation reports](https://www.tyrepress.com/wp-content/uploads/2022/01/Titan.png)
Titan International shares up 49% after market consolidation reports
What a difference a month makes. Titan International shares are trading 49 per cent higher now than they were before Christmas. The difference? The news that competitor Trelleborg is in talks with “external parties” relating to the sale of its Trelleborg Wheel Systems (TWS) industrial/OTR tyre business and subsequent market comments publish by Titan chairman Morry Taylor.
Continue Reading![Goodyear testing airless tyres with Starship delivery fleet](https://www.tyrepress.com/wp-content/uploads/2022/01/goodyear-npt-starship-sml.jpg)
Goodyear testing airless tyres with Starship delivery fleet
Airless tyres are increasingly finding favour as a potential solution for autonomous vehicles as well as for delivery applications. The Goodyear Tire & Rubber Company has ticked both boxes with the non-pneumatic tyre (NPT) it has developed and is testing to support Starship delivery robots.
Continue Reading![Nokian Tyres’ Visitor Centre in Spain awarded green certification for sustainability](https://www.tyrepress.com/wp-content/uploads/2022/01/8b63397eedf8e92d_800x800ar.jpg)
Nokian Tyres’ Visitor Centre in Spain awarded green certification for sustainability
The solar-powered Visitor Centre Building at Nokian Tyres’ Spain Test Centre has earned LEED v4 Platinum certification - the highest LEED certification level - for green building leadership. Nokian Tyres’ 300-hectare Test Centre is situated in Santa Cruz de la Zarza, a small town about one hour’s drive south of Madrid. The Test Centre includes 10 test tracks and the Visitor Centre. Inspectors highlighted the Visitor Centre’s innovation in design, energy efficiency and indoor environmental quality as key drivers of the high certification level.
Continue Reading![Sustainable materials: Goodyear shows off 70% tyre](https://www.tyrepress.com/wp-content/uploads/2022/01/Goodyear-70-sml.jpg)
Sustainable materials: Goodyear shows off 70% tyre
Goodyear Tire & Rubber Company has taken a further step towards its aim of achieving material sustainability by producing a tyre with 70 per cent sustainable material content. While this Goodyear Assurance tyre is a demonstration model and won’t be offered for sale just now, innovations contained within will certainly appear in future ranges.
Continue Reading![Encouraging results: Goodyear Sustainable Reality Survey](https://www.tyrepress.com/wp-content/uploads/2022/01/Goodyear-transport-sml.jpg)
Encouraging results: Goodyear Sustainable Reality Survey
Goodyear has published the results of its first Sustainable Reality Survey, an investigation into what actions truck fleets and transport companies are taking to reduce their carbon footprint, as well as the sustainability plans they have in place and the obstacles still standing in their way. The tyre maker says the results proved encouraging.
Continue Reading![Magna Tyres Group buys Polish tyres dealer Industra](https://www.tyrepress.com/wp-content/uploads/2022/01/78fb86ba-ac16-44e1-5457-b90139d6ee2b.jpg)
Magna Tyres Group buys Polish tyres dealer Industra
Magna Tyres has agreed to buy Polish tyre dealer Industra Ltd. Financial details have not been disclosed. But Magna Tyres Group did report that it is “on track to increase turnover to 600 million euros in three to five years amd that Industras annual net turnover is almost 10 million euros.
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