![Nexen Tire Europe raising prices by up to 6.6%](https://www.tyrepress.com/wp-content/uploads/2020/10/820_earth_globe-scaled-e1602237485165.jpg)
Nexen Tire Europe raising prices by up to 6.6%
Nexen Tire Europe has announced plans to raise tyre prices across the board. According to the company, the price hike is due to rising raw material costs “as well as freight and logistics costs”.
Continue Reading![Guayule ‘milestone’ – Bridgestone & NRGene assemble new genome](https://www.tyrepress.com/wp-content/uploads/2021/01/Bridgestone-guayule.jpg)
Guayule ‘milestone’ – Bridgestone & NRGene assemble new genome
The dream of securing natural rubber supplies in the vicinity of production facilities and reducing dependency upon hevea rubber plantations has preoccupied Bridgestone Corporation for the past decade. Early in 2018 it announced a collaboration with genomic big data company NRGene to advance the commercialisation of guayule, and today Bridgestone shared the results of this four-year project. The combined effort has resulted in the partners successfully assembling a specific guayule genome.
Continue Reading![Michael van Gerwen leads list of Toyo darts award nominees](https://www.tyrepress.com/wp-content/uploads/2021/01/TV-performance-award-1.jpg)
Michael van Gerwen leads list of Toyo darts award nominees
Tyre manufacturer Toyo has announced the nominees for the Televised Performance of the Year Award as part of its sponsorship of the highest standard of darts. The award, which will be presented at the Professional Darts Corporation’s annual awards, represents a development of Toyo’s partnership with the PDC. Former World Number One, Michael van Gerwen (MvG) features three times in the nominations, though in two cases he was on the other side of the notable performances.
Continue Reading![GRI breaks ground on phase 2 of $100 million speciality tyre plant](https://www.tyrepress.com/wp-content/uploads/2021/01/GRI-CEO-Dr-Mahesha-Ranasoma-Senior-Team-Breaking-Ground-scaled.jpg)
GRI breaks ground on phase 2 of $100 million speciality tyre plant
GRI has laid the foundation stone for the second phase of its $100 million manufacturing facility in Badalgama, Sri Lanka. The plant, in the Mirigama Export Processing Zone will expand production of speciality tyres as global demand for its products grows. The company has been expanding rapidly since its $40 million-plus investment in the “world-class” manufacturing facility, inaugurated in 2018. Phase two will include a new mixing facility, expanding the original plant by the end of 2021.
Continue Reading![Continental extends ContiOnlineContact to OTR and agricultural tyres](https://www.tyrepress.com/wp-content/uploads/2021/01/21_0024_CST_Mock_up_Screen-scaled.jpg)
Continental extends ContiOnlineContact to OTR and agricultural tyres
Continental has expanded ContiOnlineContact digital online dealer portal to include OTR and agricultural tyres. Continental reports that the portal now lists the entire Off-The-Road (OTR) and agricultural tyre portfolio.
Continue Reading![Ferentino tyres, the spiritual children of Marangoni](https://www.tyrepress.com/wp-content/uploads/2021/01/Mythos-lebt_tb.jpg)
Ferentino tyres, the spiritual children of Marangoni
Following the official opening of the Ferentino tyre factory in Sri Lanka last week, a closer look reveals that the company has even more in common with its European and particularly Italian colleagues than it first appears. As we reported in January 2017, Onyx Group subsidiary Ceylon Steel bought Marangoni’s car tyre radial processes, technological know-how and production line from Marangoni Group subsidiary a few years ago.
Continue Reading![$250 million Ferentino tyre factory opens in Sri Lanka](https://www.tyrepress.com/wp-content/uploads/2021/01/Ferentino.jpg)
$250 million Ferentino tyre factory opens in Sri Lanka
Ferentino Tyre Corporation’s Horana, Sri Lanka tyre factory was officially opened by Sri Lankan president Gotabhaya Rajapaksa on 14 January 2021. The facility was constructed with an investment of US$250 million and can reportedly produce 2.4 million tyres annually. Tyres made at the Ferentino factory will cross a number of sectors including radial car, SUV, bicycle and even three-wheelers. These include a “Mythos” product line reminiscent of the Marangoni passenger car tyre range previously produced in the same place (see below). Of the 2.4 million tyres produced annually at the Ferentino factory in this phase, 80 per cent are destined for export markets. A second phase is scheduled to be completed in March 2022.
Continue Reading![Sailun boosting Vietnam production to meet demand in Europe & North America](https://www.tyrepress.com/wp-content/uploads/2021/01/sailun-sidewall.jpg)
Sailun boosting Vietnam production to meet demand in Europe & North America
During today’s extraordinary shareholders meeting, its first of 2021, Sailun Group confirmed plans for the third phase of expansion at its wholly-owned Sailun (Vietnam) Co., Ltd. subsidiary. Over a three-year period, the company will invest 3.01 billion yuan (£340.1 million) to equip the site with the capacities to produce 3 million car and light commercial vehicle tyres, one million truck and bus radials, and 50,000 tons of off-the-road tyres per annum.
Continue Reading![Bridgestone restructuring manufacturing footprint, investing in Solutions to create ‘leaner’ company](https://www.tyrepress.com/wp-content/uploads/2021/01/bridgestone-ishibashi-sml.jpg)
Bridgestone restructuring manufacturing footprint, investing in Solutions to create ‘leaner’ company
Outlining Bridgestone Corporation’s Mid-Long Term Business Strategy on 22 December, chief executive officer Shu Ishibashi spoke of the company’s plans through to 2023. The immediate priority has been to implement crisis management measures to address the impact of COVID-19; Bridgestone began implementing these in 2020, and the measures extend into this year. Beyond this, Bridgestone will work to rebuild earning power within the core Tire & Rubber business.
Continue Reading![Bridgestone to offer customised retreads as part of fleet subscription model](https://www.tyrepress.com/wp-content/uploads/2021/01/retread-centric.jpg)
Bridgestone to offer customised retreads as part of fleet subscription model
Retreading solutions lie at the heart of Bridgestone Corporation’s new Sustainability Business Framework. Announcing details of the framework’s “retread centric model”, chief executive officer Shu Ishibashi shares that the tyre maker plans to utilise tyre monitoring technologies in order to offer customised retreads via a subscription model.
Continue Reading![Bridgestone shows “Virtual City” at CES](https://www.tyrepress.com/wp-content/uploads/2021/01/Bridgestone-World-Headline-Image.png)
Bridgestone shows “Virtual City” at CES
Bridgestone’s CES 2021 exhibit presents a fittingly virtual exhibit this year. During the tech-focused US Consumer Electronics Show (CES), which has been held virtually this year from 11-14 January 2021, Bridgestone is presenting its Bridgestone World interactive virtual city will allow users to explore the company’s advanced solutions and data-driven mobility services. Live and on-demand showcases will examine how the company is using smart tyre technology, advanced data analytics and new business models to put tyres at the centre of a more sustainable mobility system.
Continue Reading![Michelin raises light truck- and car-tyre prices in North America](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
Michelin raises light truck- and car-tyre prices in North America
Michelin North America recently announced price increases on selected Michelin and BFGoodrich passenger and light truck tyres.
Continue Reading![Zero accidents at Nokian Heavy Tyres in 2020](https://www.tyrepress.com/wp-content/uploads/2021/01/NokianHeavyTyres_Safety_AnotherYear_20210113-3.jpg)
Zero accidents at Nokian Heavy Tyres in 2020
Nokian Heavy Tyres is once again celebrating an important achievement – an entire year without the occurrence of occupational accidents that led to absence. praises Marko Oksanen, production engineer for Nokian Heavy Tyres, describes an accident-free 2020 as “an extremely important milestone” that the workforce has achieved together.
Continue Reading![Bridgestone optimising rubber yields with big data](https://www.tyrepress.com/wp-content/uploads/2021/01/Bridgestone-big-data.jpg)
Bridgestone optimising rubber yields with big data
According to OECD estimates, the world will be home to more than 2.4 billion cars by 2050, around a billion more than exist today. This significant rise in the global vehicle parc will result in much higher demand for the raw materials needed to manufacture tyres. Bridgestone has turned to big data to help optimise rubber yields, and reports developing a system that leads to higher long-term yields.
Continue Reading![Obituary: Andy Homer](https://www.tyrepress.com/wp-content/uploads/2021/01/Rema-Andy-Homer.jpg)
Obituary: Andy Homer
Shortly before Christmas, Rema Tip Top shared the sad news that Andy Homer passed away on 17 December, aged just 56. Derek Myers, managing director of Rema Tip Top Automotive South Africa, wrote that as well as being lovingly remembered by his son and family, Andy “will also forever be remembered by his numerous extended families, business colleagues and dear friends.”
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