![Hankook signs three-year global Real Madrid partnership](https://www.tyrepress.com/wp-content/uploads/2016/06/HKT_Real_Madrid_logo.jpg)
Hankook signs three-year global Real Madrid partnership
Hankook has signed a global partnership contract with Real Madrid CF. The contract starts from July 2016 and is set to last three seasons. By virtue of the deal, Hankook aims to add some 450 million Real Madrid fans from different global markets such as the Asian Pacific region including China, Latin America, and of course Europe. As well as perimeter advertising during all home games at the football club’s Santiago Bernabéu stadium, Hankook will have access to a range of further global marketing rights.
Continue Reading![Continental returning to agricultural radial production in 2017](https://www.tyrepress.com/wp-content/uploads/2016/06/lousado.jpg)
Continental returning to agricultural radial production in 2017
Over a number of years, Czech tyre maker Mitas a.s. has distanced itself in steps from the Continental brand it’s produced under licence since 2004. Three years ago the company announced an extension of this licence until 2019, however recent events have spurred Continental AG to reclaim its agricultural tyre brand ahead of this date. Continental has now announced a €49.9 million investment in its own agricultural tyre business, and the company will begin producing agricultural radials next year.
Continue Reading![Pro-Align expands again with new aftersales support roles](https://www.tyrepress.com/wp-content/uploads/2016/06/Pro-Align-new-starters-June-2016-TN.jpg)
Pro-Align expands again with new aftersales support roles
Pro-Align has boosted staff numbers to a record level for the company, having created a number of new support and aftersales roles. The distributor states that the new appointments are the result of growing demand for Pro-Align’s range of Hunter wheel alignment and wheel servicing systems. “As well as providing innovative and technologically advanced products, […]
Continue Reading![Toyo extends football sponsorship programme with German, Japanese deals](https://www.tyrepress.com/wp-content/uploads/2016/06/Signing2.jpg)
Toyo extends football sponsorship programme with German, Japanese deals
Toyo Tires has become a premium partner to Fortuna Düsseldorf after entering into a two-year agreement with the German second division (2. Bundesliga) football club. This deal was announced the day the Bundesliga announced its schedule for the 2016/17 season and only a short time after Toyo Tire & Rubber shared news of its new two-year sponsorship of Japanese club Gamba Osaka.
Continue ReadingGroundbreaking held for Pirelli’s second Mexico tyre factory
The China National Chemical Corporation (ChemChina) reports that its subsidiary Pirelli “recently” held a groundbreaking ceremony for its new facility in Mexico. It shares that the US$360 million has been invested in the new plant so far, and by the end of 2018 the total investment figure will exceed $600 million.
Continue Reading![The Brexit effect: certain uncertainty](https://www.tyrepress.com/wp-content/uploads/2016/06/2000px-EC_tyre_label_CA.svg_.png)
The Brexit effect: certain uncertainty
Markets hate uncertainty. So it was no surprise that the pound fell to its lowest point in 30 years and the FTSE (as well as other European stock markets) took something of a beating in the immediate aftermath of the UK’s 23 June referendum decision to leave the European Union. But these were just the initial reactions. As we went to press (a few days after the Brexit vote), the FTSE has recovered, but not to pre-Brexit levels, while the pound remains at a 30-year low. A rally of this kind could be a sign of a return to stability. It could point to a new, upward trajectory. It could be the calm before the storm. But who knows? Now the British public has spoken, the question is: what does Brexit mean for tyres?
Continue Reading![Point S hints at Indian market involvement](https://www.tyrepress.com/wp-content/uploads/2016/06/Mr-Bouquet-2nd-on-the-left-hands-over-an-award-to-Apollo-e1467128812901.jpg)
Point S hints at Indian market involvement
Fabien Bouquet, CEO of Point S International HQ, took part in the Tyre & Rubber industry Leadership Acknowledgement TRILA Awards that took place in parallel with Tyrexpo India on 15 June.
Continue ReadingTatneft, Nizhnekamskshina report slight rise in tyre production volumes
At its annual general meeting of shareholders this month, Russian corporation PJSC Tatneft reported that its various tyre making operations produced a total of 12 million tyres in 2015, including 875,000 solid steel cord tyres. In 2014 the company manufactured 11.64 million tyres, including 745,090 solid steel cord tyres.
Continue ReadingRosava purchases Saehwa equipment for 17-inch tyre production
South Korean tyre industry machinery manufacturer Saehwa IMC is supplying PJSC Rosava the equipment needed to begin the production of 17-inch passenger car tyres. The Ukrainian tyre maker says it is currently working to modernise its production and has invested in the equipment and tooling needed for the manufacture of this rim diameter size.
Continue ReadingTitan International branches out into agricultural rubber mats
Off-road tyre specialist Titan International has launched a specialty rubber products division. The division is based in the US state of Tennessee and offers a product range that includes stall mats for beef and dairy cattle, swine and horses.
Continue Reading![STARCO doubles trailer wheel fitment capacity in Belgium](https://www.tyrepress.com/wp-content/uploads/2016/06/STARCOBelgiumassemblyline.jpg)
STARCO doubles trailer wheel fitment capacity in Belgium
The recently-announced deal with agricultural tyre wholesaler Bohnenkamp will increase the amount of business STARCO conducts with trailer manufacturers in Europe, and to accommodate this additional activity the company is doubling capacity at its Trailer & Caravan Customer Care Centre in Arendonk, Belgium. The boost in capacity will enable the fitment of 1,000,000 wheels per year on new trailers and caravans.
Continue Reading![Aston Martin continues with Welsh plant investment post-Brexit](https://www.tyrepress.com/wp-content/uploads/2016/06/Aston_Martin_DBx_16793768254.jpg)
Aston Martin continues with Welsh plant investment post-Brexit
Aston Martin is going ahead with previously announced plans for a new £200 million manufacturing plant in St Athan, Wales despite the UK voting to leave the European Union. It seems that company remains optimistic about its plans at least partly because a weaker pound makes the carmaker’s exports more attractive. Aston Martin president and CEO Dr Andy Palmer said in a statement that the UK’s Brexit vote won’t change the company’s expansion plans.
Continue Reading![SDC trailers bought by Chinese firm CIMC](https://www.tyrepress.com/wp-content/uploads/2016/06/Currie-SDC.jpg)
SDC trailers bought by Chinese firm CIMC
Chinese firm CIMC Vehicles has acquired Northern Irish firm Retlan Manufacturing Limited, which includes well-known trailer manufacturer SDC Trailers Local news sources quote David Li, general manager and director of the board of CIMC Vehicles, as saying: We are delighted to have acquired the Retlan Group. The acquisition will mark an exciting new chapter in its history. We look forward to working with the existing management to continue its fine tradition of high quality UK-based manufacturing and to the opportunity for further investment to help grow the business.”
Continue Reading![Vacu-Lug manufacturing investment, contracts a way forward in contracted UK market](https://www.tyrepress.com/wp-content/uploads/2016/06/vacu-lug-logistik-e1467042108622.jpg)
Vacu-Lug manufacturing investment, contracts a way forward in contracted UK market
Vacu-Lug’s stand at the recent Commercial Vehicle Show in Birmingham provided a summary of the tripartite business of one of the UK’s largest retreaders. Featuring its Vacu-Lug Management System (VMS) for online fleet application; its UK exclusive distribution of ZC Rubber’s (or Hangzhou Zhongce’s) Westlake truck tyre product range. in partnership with global Westlake partner Zenises; and Vacu-Lug’s own retread range – including the latest “premium” Logistik drive LD01 and the Logistik trailer LT01 retreads, and Duramold tyres designed for a cross-section of heavy and light truck operations – the company showed its relatively recent evolution into more rounded service provision. In terms of its retreading activities, estimated by the company to account for just under a fifth of the UK market, the last year saw upgrades to the Lincolnshire business’ manufacturing, with a second 12-segment, high pressure (300psi) press installed, with which its Logistik brand products are produced, alongside further phases of its new conveyor system and other general upgrades designed to improve product flow, utilisation, productivity, efficiency, and housekeeping. Tyres & Accessories spoke with Vacu-Lug fleet sales director, Dave Alsop during the show, who explained how the company has reacted to the contraction of UK retreading and various other challenges in the market.
Continue Reading![Titan Steel Wheels: a market leader from the English countryside](https://www.tyrepress.com/wp-content/uploads/2016/06/titan-chrisakers-e1467040985609.jpg)
Titan Steel Wheels: a market leader from the English countryside
The small village of Cookely, near Kidderminster, in the rolling Worcestershire countryside isn’t necessarily where you would expect to find a leading manufacturer, but this is exactly where leading OTR wheel supplier to the yellow goods market, Titan Steel Wheels, is based. The subsidiary of Titan International distributes its niche products mainly into Europe, meeting the specifications of end-users in the construction, industrial, mining and agricultural sectors with a wide variety of part numbers, largely comprising three- and five-piece wheels. Tyres & Accessories visited the facility, where Titan Europe managing director, wheels division, Chris Akers talked us through the history of the site, Titan’s current activities and future plans.
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