Kumho investing $300 million in tyre factory expansion plans
Kumho Tire Co is planning to invest some 340 billion won (£217 million; 255 million euros; US$298 million) in expanding its tyre production facilities in Vietnam. The planned investment aimed at bracing for an increase in demand from North American markets and mitigating tariff-related price pressure, according to local news sources.
Continue ReadingYokohama appoints Watanabe head of tyre design department
The Yokohama Rubber Co., Ltd. has appointed Koji Watanabe to the position of Associate Officer, Deputy Head of Tire Development Div., Head of Tire Designing Dept. No.3. Previously he was Associate Officer, Deputy Head of Tire Development Div., Head of TBR Tire Design Dept.
Continue ReadingLineage Logistics LLC signs five-year deal with Michelin
The world’s largest temperature-controlled industrial REIT and logistics solutions provider, Lineage Logistics, LLC, has awarded Michelin’s Services & Solutions team a five-year tyre management agreement covering its UK fleet after back-to-back tyre trials highlighted a range of sustainability improvements could be unlocked with a change in policy.
Continue ReadingMagna Tyres Group celebrates 15th anniversary
On 23 March 2021 the Magna Tyres Group celebrated its 15th anniversary since its foundation in 2006. In the short time since its foundation, the group has grown from a rubber compound specialist to a global player in the market of OTR, Industrial and Truck tyres.
Continue ReadingKraiburg: Minor fire may delay some product deliveries
Kraiburg Austria shares that a technical fault caused a fire within the vulcanisation department of its plant in Geretsberg last night, but damage was minor. The retreading materials specialist says the rapid intervention of staff and the fire service limited damage to the immediate area where the fire broke out. Kraiburg stresses that nobody was injured, nor were neighbours or the environment endangered at any point.
Continue ReadingContinental using 100% green energy in production
As of the 2020 fiscal year, Continental is procuring all of the electricity for its production sites around the world from renewable energy sources. Confirmation of this milestone comes via a reasonable assurance report by auditor KPMG.
Continue ReadingHeuver distributing Xlite range in Europe
Netherlands-based tyre wholesaler Heuver is now a European distributor for the Xlite range of aluminium truck wheels. These wrought aluminium truck wheels, produced in accordance with TÜV and ISO9001 norms, are stronger yet 40 per cent lighter than a standard steel equivalent.
Continue ReadingTronchetti Provera proposes Prometeon chairman as deputy CEO of Pirelli
Pirelli executive vice chairman and CEO, Marco Tronchetti Provera, has proposed current Prometeon Tyre Group (PTG) chairman and CEO Giorgio Luca Bruno as Pirelli deputy-CEO, reporting directly to him. Tronchetti Provera made the proposal with the aim of supporting the execution of Pirelli’s forthcoming industrial plan, which will be presented on 31 March 2021, according to a company statement dated 24 March 2021.
Continue ReadingUFODrive pairs with Goodyear to optimise fleet efficiency
The Goodyear Tire & Rubber Company has entered into a strategic relationship with UFODrive, and going forwards will work together with the all-digital, all-electric car rental company to integrate their complementary mobility solutions. The two firms intend to pair Goodyear’s intelligent tyre monitoring system and proactive solutions suite with UFODrive’s eMobility software as a service platform.
Continue ReadingTrelleborg opens virtual tyre showroom
Trelleborg Wheel Systems has opened a new showroom that won’t be troubled by lockdowns or other unexpected disruptions. The new Trelleborg virtual showroom enables visitors to “enter the world of Trelleborg tyres to explore its products and smart solutions up close, at any time and in any place.”
Continue ReadingJust Ride – Dunlop rolls out new motorcycle brand attitude
On yer bike. Dunlop Motorcycle Europe has revealed its new brand attitude, with which it aims to encourage motorcyclists throughout Europe to ‘Just Ride’. This new brand identity encompasses all aspects of the Dunlop Motorcycle Europe brand and has already been implemented on its website and social media channels.
Continue ReadingBridgestone sourcing 100% renewable energy in Europe
All electricity consumed in Bridgestone’s European locations now comes from renewable sources. The tyre maker reports that all its European tyre plants, the European R&D Centre and Proving Ground in Rome, Italy, its pre-cured retreading materials plant in Lanklaar, Belgium, textile plant in Usansolo, Spain, and Bridgestone EMIA headquarters in Brussels, Belgium, are now powered by electricity from 100 per cent renewable sources.
Continue ReadingMichelin partnering with sennder
Michelin has entered into a partnership with German-based digital road freight forwarder sennder to provide carriers with greater access to the Michelin range of tyres on special terms as well as retreading services. The collaboration will initially focus on Northern Europe and Iberia, with plans to scale it across other European markets throughout 2021.
Continue ReadingNexen Tire supporting mobility start-ups with capital initiative
Nexen Tire has established Next Century Ventures (NCV), a Silicon Valley-based initiative aimed at backing budding mobility start-ups. Jin Mann Lee, chief strategy officer at Nexen Tire, will double as the managing partner at Next Century Ventures.
Continue ReadingHalfords buys Universal Tyres and Autocentres for £15 million
Halfords has extended its reach into the UK tyre retail space with the acquisition of Universal Tyre and Autocentres for £15 million. Kent-based Universal has 20 garages and 89 commercial vans operating in the South East and on the east coast of the UK. Universal also operates 1 warehouse/head office and from 5 other sites. The company specialises in the supply and fit of tyres for a wide range of vehicles, from cars to commercial and agricultural vehicles. Universal branches also offer general car maintenance and repairs such as brakes, servicing and MOT.
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