![Bridgestone publishes 2023 DE&I report for EMEA region](https://www.tyrepress.com/wp-content/uploads/2024/03/Bridgestone-DEI-report-sml.jpg)
Bridgestone publishes 2023 DE&I report for EMEA region
Bridgestone has issued its 2023 Diversity, Equity, and Inclusion (DE&I) Annual Report for Europe, the Middle East, and Africa (EMEA), spotlighting the companys endeavours to foster an equitable environment for underrepresented demographics and to enrich the diversity of its workforce.
Continue Reading![From kitchen table to the world – Vimexa celebrates 10th birthday](https://www.tyrepress.com/wp-content/uploads/2024/03/Vimexa-door-at-the-office-sml.jpg)
From kitchen table to the world – Vimexa celebrates 10th birthday
It’s now little over a decade since Rutger Veerman told us of his plan to establish himself as a ‘matchmaker’ for tyre, wheel and battery companies. The idea was to serve as an intermediary between supply and demand, matching stocks in and outside Europe with customers seeking these products. Vimexa Automotive BV figuratively opened its doors for business in January 2014.
Continue Reading![How much might Sumitomo Rubber Industries pay for Dunlop?](https://www.tyrepress.com/wp-content/uploads/2023/10/CIV-Dunlop-sml.jpg)
How much might Sumitomo Rubber Industries pay for Dunlop?
During an earnings call with investors in mid-February, Sumitomo Rubber Industries (SRI) did the closest thing possible to throwing its hat into the ring when it comes to buying Dunlop tyre brand rights when SRI executives acknowledged their interest in buying Dunlop in Europe and North America. Those rights currently belong to The Goodyear Tire & Rubber Company, which recently announced its intention to position Dunlop as a “strategic player within the high-end value segment of the market” to prevent direct competition against its main Goodyear brand within the premium segment.
Continue Reading![Michelin sharing tyre particulate research system with ETRMA members](https://www.tyrepress.com/wp-content/uploads/2024/03/Michelin-particulate-cropped.jpg)
Michelin sharing tyre particulate research system with ETRMA members
Michelin reports that it is presenting a “new step forward with the development of a system for analysing small particles” as well as “the first research results to the scientific community and industry” during Tire Technology 2024. Details of this research were published in December 2022 and in March 2023. More recently, Michelin has made the system for analysing emitted light particles available to the tyre industry and to ETRMA (European Tyre & Rubber Manufacturers’ Association). The ETRMA will furthermore conduct a campaign of measurements on a larger scale with the aid of an independent third party. The campaign will launch this year and will continue for around 18 months.
Continue Reading![Nexen folds German and Italian tyre subsidiaries into Czech operation](https://www.tyrepress.com/wp-content/uploads/2024/02/Nexen-show-stand-scaled.jpg)
Nexen folds German and Italian tyre subsidiaries into Czech operation
Nexen Tire is consolidating its three European entities (that is Czech Republic manufacturing and sales operation as well as its German sales and marketing led business plus its Italian mainly sales and marketing subsidiary) into a single Czech corporation. Business Korea reports that this initiative aims to “streamline business operations by centralizing dispersed bases within Europe”. Tyrepress.com’s sister titles in Germany and Italy (reifenpresse.de and pneusnews.it) have sought clarification and comment from the respective Nexen subsidiaries.
Continue Reading![Bridgestone aiding Burgos plans with high-capacity logistics centre](https://www.tyrepress.com/wp-content/uploads/2024/03/Bridgestone-Tizona-sml.jpg)
Bridgestone aiding Burgos plans with high-capacity logistics centre
Bridgestone EMEA has officially opened a new “smart logistics facility” for tyre storage at its Burgos site in Spain. The more than 44,500 square metre ‘Tizona’ facility enables the company to store more than 800,000 tyres in one location. Billed as one of Bridgestone’s “most significant logistics centres in Europe” and the result of an investment exceeding 40 million euros, Tizona represents for the tyre maker a “large boost to the growth and development of its facilities in Burgos.”
Continue Reading![SBTi certifies SRI emissions targets](https://www.tyrepress.com/wp-content/uploads/2024/03/SBT-sml.jpg)
SBTi certifies SRI emissions targets
The Science Based Targets Initiative (SBTi) has granted Sumitomo Rubber Industries, Ltd. (SRI) certification for its greenhouse gas emission reduction targets for 2030, deeming these to be consistent with scientific evidence. For Scope 1 and Scope 2, SRI aims to reduce absolute emissions by 55%, compared with 2017 levels. SRI’s target for Scope 3 and Category 1 is to reduce absolute emissions by 25%, compared with 2021.
Continue Reading![The Tire Cologne – larger in 2024, but missing some big names](https://www.tyrepress.com/wp-content/uploads/2024/03/TTC-outside-2022-sml.jpg)
The Tire Cologne – larger in 2024, but missing some big names
Major industry trade fair The Tire Cologne is drawing near and will take place between 4 and 6 June. Following its debut in 2018 and first post-pandemic show in 2022, this third instalment promises to be a significant event for the tyre and wheel industry. Advance ticket sales for the three-day event have commenced and show organiser Koelnmesse has now published an exhibitor list online. Three of the world’s largest tyre makers don’t appear on it.
Continue Reading![UK fleets could save over £300m annually with graphene-enhanced truck tyres, says Levidian](https://www.tyrepress.com/wp-content/uploads/2024/03/Levidianprototypelaunch.jpg)
UK fleets could save over £300m annually with graphene-enhanced truck tyres, says Levidian
Levidian Nanosystems has presented a prototype truck tyre made with a butadiene rubber tread compound containing its net zero graphene, and reports that this compound “has been shown to deliver significant improvements in the mechanical and dynamic properties of the tyre.” The Cambridge-based firm is confident such tyres can deliver considerable fuel and CO2 savings.
Continue Reading![Hankook Tire gains CDP Carbon Management Sector Honors](https://www.tyrepress.com/wp-content/uploads/2024/03/Hankook-CDP.jpg)
Hankook Tire gains CDP Carbon Management Sector Honors
CDP Carbon Management Sector Honors for Hankook Tire & Technology (Hankook Tire). The Carbon Disclosure Project (CDP) Korea Committee hosted its Climate Change and Water Security Awards on 13 March. Based upon the CDP Climate Change Response Project’s evaluation of more than 23,000 global companies, the Committee acknowledged Hankook Tire within the Consumer Discretionary awards category. The tyre maker achieved an A- rating in the evaluation, one of only 25 Korean companies achieving this distinction.
Continue Reading![Titan International completes plant upgrade](https://www.tyrepress.com/wp-content/uploads/2024/03/Titan-presses.jpg)
Titan International completes plant upgrade
Completion of a major upgrade to its Des Moines facility in the USA gives Titan International greater plant capacity. The company invested US$2 million in the expansion project, which includes the addition of two new 104-inch curing tyre presses that will accommodate the recently expanded AgraEDGE tyre line.
Continue Reading![No reprieve for Michelin’s German plants](https://www.tyrepress.com/wp-content/uploads/2024/03/Michelin-Karlsruhe-Trier-Homburg.jpg)
No reprieve for Michelin’s German plants
Michelin has dashed union and works council hopes of reversing the planned end of truck tyre production in Germany, with company management rejecting a more than 100-page document outlining alternative concepts for maintaining the plants. The IGBCE union and works councils presented the document to the tyre maker last month; according to the union, Michelin management rejected all proposals at the beginning of March.
Continue Reading![Firestone Liberia earns ISCC PLUS](https://www.tyrepress.com/wp-content/uploads/2024/03/Firestone_Liberia_ISCC_Hero_Image.jpg)
Firestone Liberia earns ISCC PLUS
On 12 March 2024, Bridgestone Americas (Bridgestone) announced that its Firestone Liberia natural rubber growing and processing facility has attained International Sustainability and Carbon Certification (ISCC) PLUS recognition. Firestone Liberia earned ISCC PLUS certification for its efforts in “reducing environmental impacts, utilizing resources efficiently and enhancing its capacity to adapt to, mitigate and build resilience to climate change”, according to the company.
Continue Reading![New Yokohama Mexico factory to be built in Saltillo, Coahuila](https://www.tyrepress.com/wp-content/uploads/2024/03/mexican-flag-3001452_1920.png)
New Yokohama Mexico factory to be built in Saltillo, Coahuila
The new consumer/light truck tyre plant Yokohama Rubber Co., Ltd. (YRC) intends to build in Mexico will be constructed at the Alianza Industrial Park in Saltillo, Coahuila. The details emerged after approval by the YRC board on 18 March.
Continue Reading![Kumho Tire to build plant in Europe](https://www.tyrepress.com/wp-content/uploads/2024/03/Kumho-Tyre-sml.jpg)
Kumho Tire to build plant in Europe
In response to an article that The Korea Economic Daily published this morning, Kumho Tire has confirmed that it is considering establishing a new factory in Europe. The company indicates this interest in a disclosure to the Korea Stock Exchange but adds that it has not yet decided precisely how much it will invest in the project, nor its exact timing. Kumho Tire intends to supply further information within the next month.
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