Conversions up 98% – Micheldever Group futureproofs its ecommerce
Micheldever Group is benefitting in a number of ways from an overhauled online presence. The company speaks of a “digital transformation” utilising CMS Storyblok and supported by digital agency Profound, a transformation that has resulted in “major commercial impact.”
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Michelin announces “very strong” 2023 results
Publishing its financial results for 2023, Michelin Group reports that “despite adverse market conditions and currencies” it achieved “high segment operating income” during the year. The company opines that this achievement underscores the resilience of its business model and its commitment to enhancing employee engagement and advancing sustainability initiatives.
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Michelin most prominent and best sentiment tyre brand in 2024
In 2005, Tyres & Accessories published the first in what would become a 12-year series of online brand prominence and sentiment analyses relating to the best-known tyre brands. That research was conducted in association with Envisional and latterly NetNames. Now, one of the brains behind the original data has developed “a new and improved methodology for quantifying brand prominence and sentiment”. Here, David Barnet, now brand protection strategist at intangible asset management specialists, Stobbs, presents the results of a new study looking at the online prominence and sentiment of tyre brands.
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Council approval for Pyrum Innovation’s second plant
Pyrum Innovations confirms it will begin construction of its second wholly owned end-of-life tyre recycling facility in the second half of this year. At a meeting on 6 February, the local council of Perl in Germanys Saarland region overwhelmingly approved the project. Pyrum has taken initial steps by ordering the first components for the plant and has recently established a subsidiary dedicated to its operation, Pyrum GreenFactory II GmbH.
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Tyre recycling: Work to start on Enviro & Antin JV plant
Uddevalla Municipality in Sweden has authorised Scandinavian Enviro Systems (Enviro) to proceed with the construction of its new joint venture end-of-life tyre recycling plant. This clearance comes after Enviro, Antin Infrastructure Partners, and Michelin reached a final decision on the project’s investment on 7 February. Having secured all essential environmental and construction approvals, Enviro anticipates commencing construction in the first quarter of 2024.
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Continental marks million trip AIBA milestone
Since opening the AIBA (Automated Indoor Braking Analyzer) at its Contidrom proving ground in 2012, Continental has carried out more than a million trips at its fully automated tyre braking test facility, hurtling vehicles at speeds of up to 75mph in precisely reproduceable tests to evaluate tyre performance in a range of conditions. Acceleration is aided by an electromagnetic linear drive borrowed from roller-coaster technology.
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Pirelli in Top 1% of S&P Global Sustainable Yearbook 2024
S&P Global has published its Sustainability Yearbook 2024, with Pirelli distinguishing itself as the only firm within the Auto Component sector to qualify as a ‘Top 1%’ company. Commenting on this achievement, Marco Tronchetti Provera says the recognition confirms Pirelli’s “capacity to integrate its sustainability strategy along the entire value chain.”
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Hamaton enlarging European distribution facility
As of next month, Hamaton will supply European customers from a larger premises. Although the manufacturer of TPMS solutions, tyre valves, inflation products, tools, and accessories isn’t moving far, remaining within the Siemensring business park in Willich, Germany, from 11 March it will operate out of a “large, modern space that matches our ambition for growth and will provide increased storage space, improved facilities, flexible office space, and bigger social areas for our clients and staff.”
Continue Reading L4T Group extends tyre recycling remit to USA
Ireland-based end-of-life-tyre recycling company Life for Tyres Group (L4T Group) is establishing its first processing facility in the USA. Government agency Louisiana Economic Development shares that L4T Group will set up shop at the Port of South Louisiana, investing US$46 million to build a plant on a 10-acre (4-hectare) site.
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Goodyear’s rationalisation plan – will Beaurepaires disappear from Australia?
Last September, The Goodyear Tire & Rubber Company approved a “rationalisation plan” for its operations in Australia and New Zealand, an overhaul that involves divesting or closing 100 retail and fleet locations and nine warehouses. With Australian media reporting that negotiations for a sale have faltered, the number of retail sites to close may end up being more than this quoted figure.
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Yokohama commits to SBTi
On 30 January The Yokohama Rubber Co., Lt. submitted a commitment letter to the Science Based Targets Initiative (SBTi)1, the first step in gaining validation of science-based targets (SBTs) for greenhouse gas emission reductions consistent with standards established by the Paris Agreement.
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Tyremakers sued in US class action antitrust lawsuit – public communications and high prices at centre of case
Days after the European Commission announced that it is investigating a number of leading tyre manufacturers in relation to allegations of price-fixing, the same companies have become the subject of a similar class-action lawsuit in the USA. The class action relates to “…purchases of tyres within four years prior to the filing” – which clearly relates to a potentially enormous number of tyres. The case basically alleges that the named tyremakers colluded to raise and sustain higher tyre prices and that such action was at least partly facilitated via public communications. The named tyremakers have all already denied price fixing and stated their compliance with the law and their cooperation with investigations in relation the EC investigation.
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Continental probably cutting more jobs than previously announced
Last autumn, German business publication Manager-Magazin caught wind of plans at Continental to axe 5,500 jobs in its Automotive group sector. Continental confirmed this shortly afterwards. The magazine now has another exclusive, citing inside information that Continental is currently discussing the elimination of “more than a thousand additional jobs,” leading to cuts in research and development being “more severe than expected.”
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Apollo Tyres appoints new sales manager in France
Apollo Tyres has appointed Olivier Pataud as country sales manager for France. He succeeds Francois Hien, who becomes the company’s new “head of customer experience projects” operating across all of the company’s product groups in France. Pataud joined Apollo Tyres last year as a key account manager for the Passenger Car Tyre division.
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Sailun Group joins SBTi
Membership in the Justice League? Not quite, or not yet – but Sailun Group has joined several organisations and initiatives dedicated to doing good in recent times. The company confirms that it is now a member of the Science Based Targets initiative (SBTi). It also recently became the first Chinese tyre maker to join the United Nations Global Compact.
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