Bridgestone joins Continental & Cordiant within Russia’s S8 Capital
After receiving all regulatory approvals, the sale of Bridgestone’s Russian assets to S8 Capital has been completed. Bridgestone Europe NV/SA has transferred its tyre manufacturing facility in Ulyanovsk and sales and marketing office in Moscow to the investment company. Thus ends a relationship with Russia that began in 1998.
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Energy costs too high – Versalis closing UK plant
Versalis has decided to permanently close its Grangemouth chemicals plant in Scotland due to a significant downturn in demand for elastomers. This announcement came a month after Petroineos, owner of the Grangemouth oil refinery, confirmed it would cease operations in 2025.
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GRI wins three business awards in Sri Lanka
GRI has been acknowledged among Sri Lankas top companies, securing an Honourable Mention at the Most Admired Companies of Sri Lanka 2022 ceremony. Organized by AICPA & CIMA, ICCSL and Daily FT, this awards program recognizes organizations that not only thrive but also add significant value to shareholders, customers, employees, and the environment.
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‘Strategic player’ Dunlop to cover 84% of value segment market
Goodyear Tire & Rubber has further confirmed its brand strategy for the coming years, the so-called “redefined roles” for Dunlop, Avon and Cooper, amongst others. The company has de-premiumised Dunlop in anticipation of growth within tiers 2 and 3 of the tyre market in the next half-decade at the expense of tier 1.
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Yokohama Rubber restructures Vietnam business for growth
The Yokohama Rubber Co., Ltd. has spun off the sales unit of its Vietnam tyre production and sales subsidiary, Yokohama Tyre Vietnam Inc. (YTVI), into a new dedicated sales company. Yokohama Tyre Sales Vietnam Co., Ltd. will begin operations as an independent entity on 1 January 2024 with its headquarters in Ho Chi Minh City. YTVI will become a dedicated tyre production company.
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Apollo R&D chief advisor named ‘Sustainability Professional of the Year’
P K Mohamed, chief advisor, R&D, Apollo Tyres Ltd has been lauded as ‘Sustainability Professional of the Year’ at the 10th edition of the World Sustainability Leadership Awards 2023. The accolade was conferred upon Mr Mohamed at a gala event held recently in Mauritius.
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Sailun enters JV for Mexico tyre plant
Sailun Group is partnering to build a new factory in Mexico. Through its wholly owned subsidiary Sailun International Holding (Singapore) Pte. Ltd., the Chinese firm signed a joint venture agreement with TD International Holding and Sapide CV (TD Mexico) on 15 December. The partners will build a facility capable of producing 6 million semi-steel radial tyres annually and are also considering the future establishment of capacity to produce 1.65 million all-steel radials a year.
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Kyoto Japan, the swiss-Japanese tyre and retail brand with a distribution centre in the UK
Kyoto, Japan is clearly a place in the land of the rising sun. But what about the tyre brand of the same name? Kyoto Japan the tyre brand is a Japanese-Swiss group of companies specialized in design, manufacture and marketing of Kyoto Japan tyres, tubes, batteries and lubricants.
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Brit European extends Prometeon Tyre Group contract
Cheshire-based logistics provider Brit European has extended its long-standing relationship with Prometeon Tyre Group with the renewal of its 12-month rolling Pay-as-You-Go contract, which includes Prometeon’s ‘PRO Management’ central billing and tyre management tool. This agreement covers Brit European’s entire fleet of 162 tractor units and rigids, 201 trailers, and a mix of cars and vans. Prometeon supplies Brit European with its latest Pirelli Serie02 tyre products.
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Falken partners handball European championship
Falken Tyres will partner the Mens European Mens Handball Championship (EHF EURO 2024) for the second successive year. The 65-match competition takes place on 10-28 January in six venues across Germany – the first time the country has hosted the competition. Handball enjoys great popularity in continental Europe, where Falken will capitalise on the prominence brought by naming rights as an official partner of the top-level competition. The tyre manufacturer is also running a competition online to win two pairs of VIP hospitality tickets to the 22 January round at Cologne’s Lanxess Arena.
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Michelin, Rockwell Automation bolster manufacturing digitalisation collaboration
Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation, has strengthened its collaboration with Michelin. This reinforced relationship focuses on digital innovation across Michelin’s manufacturing processes and builds upon more than three decades of collaborative history.
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Insolvency proceedings commence for Superior Industries Production Germany
The self-administration order in place during insolvency proceedings for Superior Industries Production Germany GmbH, represented by managing directors Sven Damm and Maximilian Funk, has been cancelled. Insolvency proceedings for the wheel manufacturer opened on 1 December.
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Pirelli opens driving simulator at Virtual Development Centre
Pirelli has added a new driving simulator at its Virtual Development Centre (VDC) in Breuberg, Hesse. The latest generation of driving simulators have become an important tool for tyre manufacturers, reducing the number of physical prototype cycles required for the development of new products. Pirelli says the VDC and static driving simulator underline its innovation leadership, combining high-tech simulation, artificial intelligence, and expert engineering. Pirelli identified the VDC, which enables the premium tyre manufacturer to develop and test its products virtually, as a signifier of its commitment to investing in local production in Germany, contextualised by other premium manufacturer’s recent announcements of the planned closure of tyre production facilities in the country. Pirelli’s Breuberg plant employs around 2,500 people, including 250 development engineers.
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Continental launches myVDO information portal for transport logistics
Continental has launched two new channels for its transport logistics customers. It is combining its services for transport logistics under the VDO brand with myVDO, a source of information, services and assistance with a focus on compliance. The technology firm has recruited active trucker Olli Gleinert as a brand ambassador. Gleinert will explain the new smart tachograph (2nd version), the VDO DTCO 4.1 to fellow drivers and discuss the challenges of the EU Mobility Package I.
Continue Reading Infineon, POLYN collaborate on advanced tyre monitoring products
Infineon Technologies and POLYN Technology have unveiled a new collaboration to produce the next generation of tyre monitoring products. As a result of the collaboration, Infineon will provide new generation TPMS sensors with tyre vibration signal detection, leveraging POLYN’s NFE for vibration data pre-processing at the sensor. The collaboration specifically targets the aftermarket and fleet segments, new data-as-a-service business models, and anticipates autonomous cars.
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