![Michelin and Pirelli lead in rubber sustainability – Context Group](https://www.tyrepress.com/wp-content/uploads/2020/09/CG-Sust.jpg)
Michelin and Pirelli lead in rubber sustainability – Context Group
Michelin and Pirelli are leading the way on tyre and rubber sustainability, according to a recent report from Context Group. Context’s ranking assessed 11 members of the Tire Industry Project (TIP), namely Bridgestone; Continental; Cooper; Goodyear; Hankook; Kumho; Michelin; Pirelli; Sumitomo Rubber; Toyo and Yokohama. Context analysed the sustainability content on each company’s website to see if it included communications covering some of the main issues associated with the life cycle impacts of tyres, including the four focus areas of the TIP: tyre and road wear particles, sustainable natural rubber, end-of-life tyres and environmental performance. The researchers assessed how well the companies tell their sustainability story by looking at their use of multimedia, news articles and social media.
Continue Reading![Research reveals ‘vital information’ relating to tyre particles…](https://www.tyrepress.com/wp-content/uploads/2020/09/car-932455-scaled.jpg)
Research reveals ‘vital information’ relating to tyre particles…
The University of Plymouth published government-funded research into what happens to particles released from vehicle tyres back in May. This comparatively recent report – as far as academic research is concerned – was launched with no-small media fanfare amid claims that tyres “could be a significant and previously largely unrecorded source of microplastics in the marine environment”. Be that as it may, the research also highlighted a number of significant knowledge gaps in this field of research.
Continue Reading![Transaid ambassadors to ride 500km route virtually to raise vital funds](https://www.tyrepress.com/wp-content/uploads/2020/09/marcio-guy.jpg)
Transaid ambassadors to ride 500km route virtually to raise vital funds
Transaid ambassadors Guy Heywood (Hankook) and Marcio Bonifacio (Z Tech Control Systems) are determined to raise vital funds for the charity despite the pandemic-enforced postponement of two major cycling events. The pair will complete the planned 507km route of the 2020 Transaid Malawi Challenge virtually between Wednesday 9 and Sunday 13 September. They will use SMART bike trainers and the Zwift cycling app from their homes in Frankfurt and Cambridge to simulate 10km of climbing and between 15 and 18 hours of riding. Heywood told Tyres & Accessories that the pair are trying to raise enough in sponsorship to buy two cycle ambulances or to fund a health care worker in Africa for one year. Thanks to the technology, Heywood assured T&A that the riders would “suffer suitably to justify any support given!” Click here to support Guy and Marcio in helping Transaid to continue its mobility and new health projects in Sub Saharan Africa, including new initiatives focusing on Covid-19, gender-based violence and malaria.
Continue Reading![Laufenn launch makes Hankook more holistic commercial tyre supplier](https://www.tyrepress.com/wp-content/uploads/2020/09/hankook-guy-paul.png)
Laufenn launch makes Hankook more holistic commercial tyre supplier
The launch of the second-line Laufenn brand onto the European commercial vehicle tyre market has rounded out Hankook’s offer to fleet customers. Offering a second tier brand – alongside a growing retreading programme via its Alphatread range – can both allow the manufacturer a more extensive product range to cater to each customer’s entire fleet, and also allow Hankook to capitalise on the growing interest in more value-oriented products. The new tyres, which give Laufenn itself impressive market coverage, also help to emphasise one of Hankook’s competitive advantages; the proportion of products under three years old in its TBR portfolio. The timing of the launch could also help to address the economic strife felt by the logistics sector in the wake of the Covid-19 pandemic. Featured in the September issue of Tyres & Accessories, we spoke with Guy Heywood, Hankook’s European marketing and strategy director for its truck and bus business, and UK sales director Paul Emery about how the introduction of Laufenn will help to develop the tyre manufacturer’s commercial business in the UK and Europe. This article will appear in full in the September edition of Tyres & Accessories. Not yet a subscriber? You can change that here.
Continue Reading![Enviro: Improved tyre pyrolysis market will help revenues](https://www.tyrepress.com/wp-content/uploads/2020/09/ab92cddb77057924_800x800ar.png)
Enviro: Improved tyre pyrolysis market will help revenues
Scandinavian Enviro Systems AB is reporting a “dramatic increase in interest” the pyrolysis oil the company extracts from end-of-life tyres. According to the company, the oil has a high bio content due to the natural rubber in tyres and is therefore “of great interest to many players in the market because it could replace fossil-based alternatives”. This, in turn, is likely to help Enviro’s sales revenues. “Based on the market response and our own calculations, we judge that the oil recovered from end-of-life tyres could contribute to a strong increase of revenues from recycling plants that use our technology,” Thomas Sörensson, CEO of Enviro, explained.
Continue Reading![Prinx Chengshan: Increased profits despite corona](https://www.tyrepress.com/wp-content/uploads/2020/09/Prinx-Thailand-TBR.png)
Prinx Chengshan: Increased profits despite corona
In spite of COVID-19, Prinx Chengshan managed to increase its net profit in the first half of 2020, a feat aided in part by a prompt response to the pandemic. Sales revenue for Prinx Chengshan (Cayman) Holding Limited and its subsidiaries in the six months to 30 June 2020 came to RMB 2,844.0 million (£317.2 million), 1.0 per cent less than in the same period of 2019. Gross profit rose 9.9 per cent year-on-year to RMB 606.3 million (£66.7 million) and net profit increased 1.6 per cent to RMB 265.3 million (£29.2 million).
Continue Reading![Heuver acquires Bevri](https://www.tyrepress.com/wp-content/uploads/2020/09/Bevri.jpg)
Heuver acquires Bevri
Netherlands-based tyre wholesaler Heuver has grown through its acquisition of the Bevri Groep, a wholesaler from Zeewolde in central Netherlands. Heuver will operate the two Bevri businesses, Bevri Banden (Bevri Tyres) and Bevri Wheels, as an independent company within the Heuver Group, retaining a separate corporate identity. The wholesaler says that by combining the strengths of both companies, it can now “offer an even more complete range” of tyres and wheels.
Continue Reading![Avon becomes TVRCC’s preferred tyre brand](https://www.tyrepress.com/wp-content/uploads/2020/09/TVR-hero-sml.jpg)
Avon becomes TVRCC’s preferred tyre brand
The TVR Car Club (TVRCC) has named Avon its preferred tyre brand. As part of the new collaboration, Avon Tyres’ long-standing relationship with British sports car manufacturer TVR will be celebrated through a number of joint initiatives, while TVRCC members are eligible for a discount on Avon tyre purchases.
Continue Reading![BKT ready for the future](https://www.tyrepress.com/wp-content/uploads/2020/09/BKT_Bhuj_R_DCenter_2-sml.jpg)
BKT ready for the future
BKT says it is “ready to take up the challenge” of developing tyres for the coming generation of self-driving and electric off-highway vehicles. The tyre maker is already addressing changes within the agricultural and construction sectors with a range of solutions, drawing upon its almost 30-year experience and in dialogue with end-users.
Continue Reading![Analysts support Continental AG reform programme](https://www.tyrepress.com/wp-content/uploads/2020/09/Conti_02092020.png)
Analysts support Continental AG reform programme
Financial analysts are reacting positively to the far-reaching restructuring measures announced by Continental AG yesterday that could cost up to 22 per cent of the 59,000 jobs in Germany alone.
Continue Reading![Tesla hits over $460bn in market cap, seven times more than Ferrari, Porsche and Aston Martin combined](https://www.tyrepress.com/wp-content/uploads/2016/02/Tesla_Model_X_front_view_16042113157.jpg)
Tesla hits over $460bn in market cap, seven times more than Ferrari, Porsche and Aston Martin combined
The coronavirus outbreak has affected many industries, but the automotive industry is among the hardest hit. After carmakers stopped production and dealerships closed showrooms amid Covid-19 lockdown, global car sales slumped worse than ever before. However, the luxury car market was generally less affected by the financial downturn caused by the coronavirus pandemic. According to data presented by StockApps.com, the market capitalisation of the worlds most valuable car company, Tesla, hit over $460bn this week, almost seven times more than Ferrari, Porsche and Aston Martin combined.
Continue Reading![Michael Eckert joins Kenda Tires Europe as senior sales manager](https://www.tyrepress.com/wp-content/uploads/2016/07/MICHAEL_ECKERT-sml-e1598973388556.jpg)
Michael Eckert joins Kenda Tires Europe as senior sales manager
Kenda has strengthened its global team with two new appointments, bringing exceptional sales support to Europe and adding extensive engineering know-how to the Kenda European Technical Centre (KETC). Michael Eckert joins as senior sales manager, Engin Ünal as senior engineer, effective 1 August.
Continue Reading![Continental to expand restructuring programme to save 1 billion euros by 2023](https://www.tyrepress.com/wp-content/uploads/2020/03/Continental-flags.jpg)
Continental to expand restructuring programme to save 1 billion euros by 2023
Continental is expanding the restructuring programme it initiated in 2019. The company is adding further measures to cut costs and increase efficiency to its Transformation 2019-2029 programme. The tyre manufacturer wants to achieve gross annual savings of more than 1 billion euros by 2023. This is significantly more than previous targets – in fact more than doubling the initially quoted figure. In total it expects the changes to affect more than 30,000 jobs worldwide. Its workers in Conti’s domestic market in Germany will be the largest part, with 13,000 affected jobs. A further major proportion will be in countries with high labour costs. Conti says these jobs will be modified, relocated, or made redundant. Conti says the programme aims to ensure its viability and strengthen global competitiveness in the long term.
Continue Reading![Webfleet Solutions, Bridgestone on future fleet innovation at Commercial Motor Show](https://www.tyrepress.com/wp-content/uploads/2020/09/WEBFLEET-Fleet-Management-002-scaled.jpg)
Webfleet Solutions, Bridgestone on future fleet innovation at Commercial Motor Show
Webfleet Solutions and Bridgestone say that the virtual Commercial Motor Show represents an “incredible opportunity” to publicise their latest products and connected mobility solutions. The companies are working together to demonstrate the advantages of advanced fleet technologies. They say latest solutions can help truck and van operators drive efficiencies, realise cost-savings, reduce their carbon footprint and raise the bar in service delivery. The virtual exhibition and conference runs from 29 September to 1 October. It will present visitors with the latest vehicles, products, and services alongside webinars, live exhibitor chats, video calls, and product demonstrations.
Continue Reading![BKT sponsors 6 IPL cricket franchises](https://www.tyrepress.com/wp-content/uploads/2020/09/bkt-ipl-partner.jpg)
BKT sponsors 6 IPL cricket franchises
OTR and agricultural tyre manufacturer BKT is extending its sponsorship of the shortest form of professional cricket, following its deal with Australia’s Big Bash League. In the 2020 season of the Indian Premier League, the most high-profile domestic T20 event, the multinational group from India will support Mumbai Indians, Chennai Super Kings, Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders and Rajasthan Royals.
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