Michelin closing Bamberg tyre plant in Germany
Earlier today, the Michelin Group informed the 858 people employed in its tyre factory in Bamberg, Germany that they will close the plant in stages between now and the start of 2021. Michelin states that this decision “comes after a consultation phase” with the plant’s works council in accordance with German legislation.
Continue ReadingCorporate bond to finance Environ’s ownership of recycling plants
Scandinavian Enviro Systems (Enviro) is developing a public, international corporate bond to finance the company’s ownership of forthcoming recycling plants for end-of-life vehicle tyres. The work to develop the bond is being carried out in collaboration with the London-based financial adviser, Zenzic Partners.
Continue Reading![Vredestein wins Gold at AutoVision 2019](https://www.tyrepress.com/wp-content/uploads/2019/09/OttoCar_Gold-sml.jpg)
Vredestein wins Gold at AutoVision 2019
It’s AutoVision 2019 gold for Vredestein. The tyre maker’s ‘Live the Land’ campaign won a Gold trophy at the international festival for corporate automotive segment films and media earlier this month.
Continue Reading![Prinx Chengshan Europe moves to Germany – Thomas Wohlgemuth appointed MD](https://www.tyrepress.com/wp-content/uploads/2019/09/Thomas-Wohlgemuth-sml.jpg)
Prinx Chengshan Europe moves to Germany – Thomas Wohlgemuth appointed MD
Thomas Wohlgemuth has taken over as managing director of Prinx Chengshan Europe, effective 1 September. His appointment coincides with the relocation of Prinx Chengshan’s European head office from Slovakia to Germany. He succeeds Ivan Majsky, who is no longer with the company.
Continue ReadingHankook listed in DJSI for fourth year
Hankook Tire has been listed in the Dow Jones Sustainability Indices World (DJSI World) for the fourth consecutive year.
Continue Reading![Carlisle TyrFil: New name for Accella Tire Fill Systems](https://www.tyrepress.com/wp-content/uploads/2019/09/Carlisle_TyrFil_Logo.jpg)
Carlisle TyrFil: New name for Accella Tire Fill Systems
Carlisle Construction Materials has changed the name of its polyurethane tyre fill business from Accella Tire Fill Systems to Carlisle TyrFil. The retitling brings the name of the business, which Carlisle acquired as part of its purchase of the Accella Performance Materials family of companies in November 2017, in line with the business’s original and best-known product range.
Continue Reading![KCS acquiring MAM Software](https://www.tyrepress.com/wp-content/uploads/2019/09/KCR-MAM-logos.jpg)
KCS acquiring MAM Software
Earlier this month, MAM Software Group, Inc. announced it had entered into a definitive agreement under which it will be acquired by Berkshire-based ERP solutions specialist Kerridge Commercial Systems (KCS). The provider of cloud-based business and on-premise management solutions for the automotive parts, tyre and vertical distribution industries will be acquired in an all-cash transaction valued at approximately US$154.3 million.
Continue ReadingPrometeon and Greenroad sign partnership agreement
Prometeon Tyre Group has signed a partnership agreement with GreenRoad, a provider of fleet safety and performance solutions. According to the two companies, the agreement enables Prometeon to “enrich its PRO-Services fleet services portfolio, through the addition of PRO Drive, the new solution based on GreenRoad Know-how and expertise in the fleet management and Telematics sector.”
Continue Reading![Birla Carbon releases 7th sustainability report](https://www.tyrepress.com/wp-content/uploads/2019/09/Birla-Report.png)
Birla Carbon releases 7th sustainability report
Birla released its seventh annual sustainability report titled Evolving Sustainably, Together on 18 September 2019. The 2019 report focuses on sustainable operational excellence, product and process innovation, customer engagement, sustainable supply chain enhancement, and community outreach efforts. It is aligned with international standards set by the GRI and CDP and highlights efforts initiated by Birla Carbon in collaboration with leading sustainability, environment and risk agencies to achieve its objectives in alignment with the 17 United Nations Sustainable Development Goals (UN SDGs).
Continue Reading![Liqui Moly sponsors 2020 IIHF Ice Hockey World Championship in Switzerland](https://www.tyrepress.com/wp-content/uploads/2019/09/IIHF_WM_2019_GER_CZ.jpg)
Liqui Moly sponsors 2020 IIHF Ice Hockey World Championship in Switzerland
German oil manufacturer Liqui Moly is the official sponsor of the 2020 IIHF Ice Hockey World Championship, held in Zurich and Lausanne, Switzerland, which starts on 8 May 2020. The company has supported ice hockey since the 2017 IIHF World Championship, hosted by Germany and France.
Continue Reading![UN Global Compact identifies Pirelli as a ‘most highly-engaged’ company](https://www.tyrepress.com/wp-content/uploads/2019/09/UN-Global-Compact-sml.jpg)
UN Global Compact identifies Pirelli as a ‘most highly-engaged’ company
The United Nations Global Compact has recognised Pirelli & C. SpA as one of 36 Global Compact LEAD companies that have demonstrated “ongoing commitment to the UN Global Compact and its Ten Principles for responsible business.” The tyre maker’s status as “being among the most highly-engaged participants of the world’s largest corporate sustainability initiative” was announced at the UN Global Compact Leaders Week in New York.
Continue Reading![Premier Components UK Ltd joins IAAF to promote remanufacturing](https://www.tyrepress.com/wp-content/uploads/2019/09/Premier-Components.png)
Premier Components UK Ltd joins IAAF to promote remanufacturing
Full-line automotive core broker Premier Components UK Ltd has joined Independent Automotive Aftermarket Federation (IAAF), with the aim of promoting the merits of remanufacturing. The company is a leading player in the component sourcing and support for the supply to the wider remanufacturing industry across the UK and Europe.
Continue Reading![Davanti progressing with Protoura, planning all-season segment entry](https://www.tyrepress.com/wp-content/uploads/2019/09/Davanti-Eckert-Protoura-sml.jpg)
Davanti progressing with Protoura, planning all-season segment entry
The latest Davanti Tyres project, the Protoura Sport, made its Far East debut at CITExpo in August. We caught up with Michael Eckert, sales director for mainland Europe, at the show. He told us that Davanti was currently testing the Protoura Sport prior to submitting the tyre to product certification firm IDIADA. “Volume production will probably then start before the end of this year, and the first Protoura Sport tyres should arrive in Europe in March or April 2020.”
Continue Reading![Nokian Tyres: No Brexit worries, just car market concerns](https://www.tyrepress.com/wp-content/uploads/2019/09/production-line-sml.jpg)
Nokian Tyres: No Brexit worries, just car market concerns
Brexit is perhaps just over a month away, and while many companies face an uncertain future, Nokian Tyres is in the happy position of being relatively unconcerned about the UK rescinding its European Union membership. That’s just as well, as the Finnish tyre maker has other things to worry about.
Continue Reading![Kumho synergies & new growth: Doublestar benefitting from acquisitions](https://www.tyrepress.com/wp-content/uploads/2019/09/Doublestar-Linda-Deng-sml.jpg)
Kumho synergies & new growth: Doublestar benefitting from acquisitions
It was a difficult birth. As regular visitors to this site are well aware, Qingdao Doublestar Co Ltd.’s acquisition of Kumho Tire was punctuated by more than its share of complications: Threats of mass resignations, bickering over brand name use and questions about financing all belonged to the experience.
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