![Nokian moving to 24/7 production in Finland](https://www.tyrepress.com/wp-content/uploads/2021/11/Nokian-factory-winter-sml.jpg)
Nokian moving to 24/7 production in Finland
Round the clock, seven days a week production will soon be reality at the Nokian Tyres plant in Nokia, Finland. The tyre maker says the change to this format should “significantly” increase production capacity for passenger car tyres. Nokian is creating approximately 80 new jobs at the factory to accommodate this higher capacity.
Continue Reading![Dieselgate probe: Continental ends relationship with CFO Schäfer](https://www.tyrepress.com/wp-content/uploads/2021/11/wolfgang_schaefer-sml.jpg)
Dieselgate probe: Continental ends relationship with CFO Schäfer
During an extraordinary meeting held yesterday, the Continental AG Supervisory Board agreed to mutually terminate Wolfgang Schäfer’s appointment as chief financial officer and member of the company’s Executive Board, effective immediately. Continental states that Schäfer’s departure from the company is linked to investigations by the public prosecutor’s office in Hannover, Germany, into the use of illegal defeat devices in diesel engines and shortcomings from Continental’s side in the ongoing investigations.
Continue Reading![Enviro decides on site for Swedish recycling plant](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
Enviro decides on site for Swedish recycling plant
The Board of Scandinavian Enviro Systems (Enviro) decided today on the final location for establishing its previously announced recycling plant in Uddevalla, Sweden, and also approved the company’s environmental permit application. The company intends to formally submit the application this Friday and anticipates that the application process may take up to one year.
Continue Reading![Hankook improving storage capabilities at Hungary site](https://www.tyrepress.com/wp-content/uploads/2021/11/Hankook-Hungary-sml.jpg)
Hankook improving storage capabilities at Hungary site
A 32-million-euro investment in warehousing is taking place at Hankook Tire’s factory in Rácalmás, Hungary. Hankook has already begun building warehouses for the storage of both raw materials and finished tyres and anticipates that the facility will begin operating within a year.
Continue Reading![Sailun’s Cambodia factory begins tyre production](https://www.tyrepress.com/wp-content/uploads/2021/11/Sailum-cambodia.png)
Sailun’s Cambodia factory begins tyre production
Sailuns Cambodia tyre factory manufactured its first tyre on 1 November 2021. Symbolic launch aside, production proper began the following week with the goal of reaching full speed by 18 November 2021.
Continue Reading![Pirelli and Hankook rated on Dow Jones Sustainability Indices](https://www.tyrepress.com/wp-content/uploads/2021/11/news_img_2021_1115_1.jpg)
Pirelli and Hankook rated on Dow Jones Sustainability Indices
Tyremakers Pirelli and Hankook are amongst those rated in the latest Dow Jones Sustainability Indices (DJSI). Full results will be published on 20 November, but some details have been previewed already namely that Hankook has been recognized as the best-in-class sustainability leader in the (DJSI) World for the sixth consecutive year. Similarly, Pirelli scored maximum points in the social context for social reporting category.
Continue Reading![Cimcorp joins MHI AS/RS Industry Group](https://www.tyrepress.com/wp-content/uploads/2021/11/Large-Finished-tire-automation-sml.jpg)
Cimcorp joins MHI AS/RS Industry Group
Cimcorp, manufacturer and integrator of turnkey robotic order fulfilment and tyre handling solutions, has joined US-based trade association MHI’s Automated Storage and Retrieval Systems (AS/RS) Industry Group, a collective of the world’s leading AS/RS suppliers that focuses on collaboratively growing and supporting the AS/RS market. As part of the Industry Group, Cimcorp says it will leverage its knowledge and expertise to help MHI members and customers discover efficient, safe, and innovative solutions to their most pressing material flow challenges.
Continue Reading![Patent infringement case: VMI applauds Safe-Run ruling](https://www.tyrepress.com/wp-content/uploads/2021/06/generic01.jpg)
Patent infringement case: VMI applauds Safe-Run ruling
VMI Holland says it “strongly welcomes” the decisions made by the Higher Peoples Court of Jiangsu Province in its favour in two final judgements, delivered on 3 November 2021. The court has not only refused Safe-Run’s application to set aside the first instance judgements that a lower court made against the company; it has also maintained the damages for Safe-Run’s continued infringement of one of VMI’s patents in China.
Continue Reading![Continental acquiring Trelleborg business](https://www.tyrepress.com/wp-content/uploads/2021/11/contintental_pp_printing_quality_check-sml.jpg)
Continental acquiring Trelleborg business
Germany’s Continental AG has signed an agreement to purchase a Trelleborg business – but this particular transaction has nothing to do with Trelleborg Wheel Systems or even tyres. The deal will see Trelleborg’s printing solutions business changing hands for an undisclosed sum. Continental says the acquisition will complement its surface solutions and printing technology portfolio, enhancing the company’s presence with industrial customers.
Continue Reading![Pirelli lifts full-year sales forecast following strong Q3 figures](https://www.tyrepress.com/wp-content/uploads/2021/11/slide009.jpg)
Pirelli lifts full-year sales forecast following strong Q3 figures
Pirelli is raising its full-year 2021 sales forecast off the back of better-than-expected performance in the third quarter of 2021, a trend that was particularly driven by performance in the so-called high value tyre segment. According to the Italian tyre manufacturer’s nine-month figures, which were published on the evening of 11 November, sales rose 28.6 per cent to almost 4 billion euros. At the same time, Pirelli more than doubled its earnings and can now report a pre-tax profit margin (EBIT) of 15 per cent.
Continue Reading![Michelin coming to Farming Simulator 22](https://www.tyrepress.com/wp-content/uploads/2021/11/283-Michelin-Farming-Simulator-800x400-1.jpg)
Michelin coming to Farming Simulator 22
Tyre aficionados are in for a treat when Farming Simulator 22 arrives in just over a week’s time. Not only are Continental and BKT present in the simulator, Michelin has also become an official partner. It says this partnership “allows all players to take advantage of the environmental and productivity performance benefits” of the Michelin agricultural tyre range.
Continue Reading![BKT official off-highway tyre supplier to Rugby World Cup](https://www.tyrepress.com/wp-content/uploads/2021/11/LuciaSalmaso_CEO_BKTEurope_ClaudeAtcher_CEO_France2023_1-sml.jpg)
BKT official off-highway tyre supplier to Rugby World Cup
Rugby World Cup France 2023 has an official off-highway tyre supplier, and that supplier is BKT. Commenting on the company’s involvement in what may well be the world’s third-largest sporting event, Lucia Salmaso, chief executive officer of BKT Europe, says her team is “proud and honoured to be able to support Rugby World Cup France 2023 in this wonderful adventure.”
Continue Reading![F1 chief Domenicali visits Pirelli’s Circuito Panamericano](https://www.tyrepress.com/wp-content/uploads/2021/11/circuitopanamericanopirelli-2-sml.jpg)
F1 chief Domenicali visits Pirelli’s Circuito Panamericano
Pirelli has welcomed the president and chief executive officer of Formula 1 to Circuito Panamericano, the tyre maker’s most advanced proving ground. Stefano Domenicali is currently visiting the region to attend this weekend’s Brazilian Grand Prix, and during yesterday’s tour of the facility was accompanied by Mario Isola, Pirelli’s head of F1 and Car Racing, and Cesar Martin Alarcon, Pirelli’s chief executive officer and executive vice-president of the LatAm region.
Continue Reading![GRI: New mixing plant on schedule](https://www.tyrepress.com/wp-content/uploads/2021/11/Mixing-5-LR-sml.jpg)
GRI: New mixing plant on schedule
With global demand for its specialty tyres on the rise, Sri Lankan off-highway tyre maker GRI is expanding its manufacturing capacity through a range of projects, including construction of a new mixing plant in Mirigama, 40 miles east of Colombo. GRI is investing US$25 million to set up the facility, which will have a capacity of 200 tonnes a day.
Continue Reading![Yokohama Rubber announces record earnings](https://www.tyrepress.com/wp-content/uploads/2021/11/yk-q321.jpg)
Yokohama Rubber announces record earnings
Talk at Yokohama Rubber is of record earnings for the first nine months of a fiscal year. The company reports that between the start of January and the end of September 2021, profit attributable to owners of parent increased approximately tenfold year-on-year, to 43.5 billion yen (£284.9 million). Operating profit was up sevenfold, to 59.3 billion yen (£388.4 million) and business profit rose approximately fourfold, to 37.1 billion yen (£243.0 million). Sales revenue was up 22.3 per cent, to 460.5 billion yen (£3.0 billion).
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