![Nynas appoints three new board members](https://www.tyrepress.com/wp-content/uploads/2020/05/Nynas-scaled.jpg)
Nynas appoints three new board members
Nynas has appointed three new board members following the resignations of Bernd Schmidt, Rami Farah, and Mohamed Idriss.
Continue Reading![Sailun returning to trade fair circuit at UK & German shows](https://www.tyrepress.com/wp-content/uploads/2021/08/trade-shows21.jpg)
Sailun returning to trade fair circuit at UK & German shows
The past 18 months have been “very challenging and unique”, comments Sailun Tyre Europe. But the company now says it is delighted to announce participation in two forthcoming trade shows. The first is here in the UK: In conjunction with Kirkby Tyres, local distributor of the Sailun truck tyre range, the tyre maker will occupy a 125 square metre stand within Hall 4 of the NEC when the Commercial Vehicle Show comes opens in Birmingham on 31 August.
Continue Reading![RH Claydon starts work on Carlisle depot](https://www.tyrepress.com/wp-content/uploads/2021/08/RH-Claydon.jpg)
RH Claydon starts work on Carlisle depot
Wholesaler RH Claydon Ltd. began construction work on its new depot in Carlisle this week. The facility is located within the Kingmoor Park Enterprise Zone and includes a 30,000 square foot warehouse as well as purpose-built office space.
Continue Reading![Tirebuyer and Tread Connection partner to create Treadsy Mobile Solutions](https://www.tyrepress.com/wp-content/uploads/2021/08/Treadsy-e1629457220848.jpeg)
Tirebuyer and Tread Connection partner to create Treadsy Mobile Solutions
Tirebuyer has formed an exclusive partnership with mobile tyre franchisor Tread Connection in order to capitalise on the “explosion” of mobile tyre fitting demand. Tirebuyer will use the Treadsy brand as the identity for its mobile solutions division and over 11,000 existing Tirebuyer brick and mortar install partners as well as more than 80,000 American Tire Distributor customers will be given the opportunity to add a Treadsy van to their business to provide mobile tyre installation services to their own consumers in exclusive geographic territories. Tread Connection’s existing network of franchisees will be integrated with the Treadsy brand and technology that will also be assigned preferred territories within Tirebuyer.com.
Continue Reading![Goodyear appoints strategy and business development vice president](https://www.tyrepress.com/wp-content/uploads/2021/08/thad-ewald-2021.jpg)
Goodyear appoints strategy and business development vice president
The Goodyear Tire & Rubber Company has hired Thad Ewald as vice president, Strategy and Business Development, reporting to executive vice president and chief financial officer Darren Wells, effective 23 August 2021.
Continue Reading![BKT gains Caterpillar SQEP Platinum status](https://www.tyrepress.com/wp-content/uploads/2021/08/BKT-Poddar-sml.jpg)
BKT gains Caterpillar SQEP Platinum status
Off-highway tyre specialist BKT has been approved for Caterpillar SQEP (Supplier Quality Excellence Process) recertification and elevated from Gold to Platinum level for the year 2021.
Continue Reading![Trelleborg Wheel Systems joins EUWA](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
Trelleborg Wheel Systems joins EUWA
The Association of European Wheel Manufacturers (EUWA) reports that Trelleborg Wheel Systems has signed up as a member. In a statement, the association says it is “very happy to welcome” Trelleborg Wheel Systems.
Continue Reading![Yokohama-backed Chelsea FC secure more major silverware](https://www.tyrepress.com/wp-content/uploads/2021/08/5321-Yokohama-backed-Chelsea-FC-secure-more-major-silverware-scaled-e1629131232560.jpg)
Yokohama-backed Chelsea FC secure more major silverware
Yokohama has congratulated Chelsea on its victory over Villareal on penalties in the European Super Cup. The tyre manufacturer has backed Chelsea since 2015, commencing with a multiyear shirt partnership worth around £40 million per season. Since the end of the initial deal, Yokohama has continued its relationship with the London club, becoming its official tyre partner in 2020. Since Yokohama launched its relationship with Chelsea, the club has also won two Premier League titles, the European Champions League, the Europa League, and the FA Cup, giving both the club and Yokohama major worldwide exposure.
Continue Reading![Birla Carbon aiming for net carbon neutrality by 2050](https://www.tyrepress.com/wp-content/uploads/2021/08/Birla_Carbon_Continua-sml.jpg)
Birla Carbon aiming for net carbon neutrality by 2050
Birla Carbon has announced an intent to reduce its net carbon emissions to zero by 2050. The carbon black manufacturer considers this goal a “natural progression in Birla Carbons leadership in the area of sustainability and circularity.” The company recently announced the availability of sustainable carbonaceous materials through the launch of its Continua brand.
Continue Reading![‘Highest ever’ – Yokohama H1 2021 financial results](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
‘Highest ever’ – Yokohama H1 2021 financial results
The Yokohama Rubber Co., Ltd. could phone up the team at Guinness World Records, were it so inclined. Each and every one of the company’s earnings figures for the six months to 30 June 2021 were the highest ever for the first half of a fiscal year.
Continue Reading![$171m investment: Capacity at Yokohama OHT’s new plant to double](https://www.tyrepress.com/wp-content/uploads/2021/08/alliance-mii-sml.jpg)
$171m investment: Capacity at Yokohama OHT’s new plant to double
With an additional investment of US$171 million, Yokohama Rubber Co., Ltd. intends to more than double the production capacity for off-highway tyres at its Visakhapatnam plant in India. The new plant is scheduled to begin operations in the first quarter of 2023 with a planned daily production capacity of 55 tonnes; this extra investment will lift daily capacity to 123 tonnes during a second project stage, which is scheduled to start in the first quarter of 2024.
Continue Reading![Goodyear sales significantly up after Cooper merger completed](https://www.tyrepress.com/wp-content/uploads/2021/07/Goodyear-blimp-sml-550x367-1.jpg)
Goodyear sales significantly up after Cooper merger completed
Goodyear has increased operating income considerably in the second quarter of 2021, thanks in part to its merger with Cooper Tire, completed on 7 June. Net income totalled $67 million (£48.45 million at today’s exchange rate $1.00 = £0.72) versus a loss of $696 million (£503 million). Second-quarter sales were $4 billion (£2.89 billion), a rise of 86 per cent versus the second quarter of 2020, which was heavily affected by the Covid-19 pandemic. In the year to date, Goodyear has sold 40 per cent more tyres than in the same period of 2020, with both replacement tyres (41 per cent) and original equipment tyres (39 per cent) assisting in this rise. Cooper sales between the merger completion date and 30 June (the end of the second quarter) totalled $256 million (£185 million). This figure excludes calculations relating to Cooper inventory and assets.
Continue Reading![Toyo raises full-year 2021 estimates](https://www.tyrepress.com/wp-content/uploads/2020/10/820_earth_globe-scaled-e1602237485165.jpg)
Toyo raises full-year 2021 estimates
Following the publication of stronger than expected second-quarter 2021 financial results that returned the bottom line to profitability despite pandemic- and seismic-rubber-related headwinds, Toyo published a statement ramping up its full-year 2021 estimates. See accompanying table (below) for further details.
Continue Reading![Toyo Tire reports 23.8% sales increase in Q2 2021, return to profit](https://www.tyrepress.com/wp-content/uploads/2021/08/Headquarter_of_Toyo_Tire__Rubber_Co.LTD_-scaled.jpg)
Toyo Tire reports 23.8% sales increase in Q2 2021, return to profit
Toyo Tire Corporation achieved second-quarter 2021 net sales of 186,392 million yen (£1.217 billion; 1.438 billion euros; US$1.687 billion), an increase of 23.8 per cent compared with the same period in 2020. Compared with low levels last year, Toyo’s profitability also increased. Operating income amounted to 26,958 million yen, up 240.0 per cent.
Continue Reading![Goodyear conducting sustainability survey in Europe](https://www.tyrepress.com/wp-content/uploads/2021/08/goodyear-sustainability.png)
Goodyear conducting sustainability survey in Europe
Goodyear is inviting transport and logistics companies based in Europe to participate in its Sustainable Reality Survey and share their insights regarding more sustainable transportation. To encourage participation, the tyre maker will plant a tree for each fleet respondent completing the survey in collaboration with non-profit reforestation organisation Tree-Nation.
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