Hella buys out TMD Friction’s Hella Pagid joint-venture shares
TMD Friction and Hella have agreed to transfer the 50 per cent share currently held by TMD Friction in the brake joint venture Hella Pagid to Hella. Hella will thus become the sole shareholder of Hella Pagid. Founded in 2013, Hella Pagid, a joint venture between automotive supplier Hella and brake friction manufacturer TMD Friction, sells brake components and accessories on the global automotive aftermarket. The purchase price has not been disclosed.
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Defence Employer Recognition Scheme awards Tecalemit bronze status
Tecalemit Garage Equipment signed the Armed Forces Covenant in early 2023 as part of its commitment to supporting and empowering the wider Armed Forces community as an inclusive employer. The company now reports that it has been awarded the Bronze Award in the Defence Employer Recognition Scheme, demonstrating its success as an Armed Forces-friendly employer.
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Synthos & Kumho Tire jointly developing sustainable rubber
Kumho Tire and synthetic rubber manufacturer Synthos have signed a Memorandum of Understanding (MOU) for the joint development of sustainable tyre raw materials. Under the MOU, the two companies will conduct a joint research and development project for Neodymium-Butadiene rubber using Bio-Butadiene and expand the use of environmentally friendly synthetic rubber in tyre manufacturing.
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ZC Rubber an Arsenal partner
Arsenal F.C. has entered into a global partnership with tyre company ZC Rubber, manufacturer of the Westlake, Goodride, Chaoyang, Arisun, Trazano and Yartu tyre brands. As part of the agreement, ZC Rubber will have a marketing presence at all Premier League, Emirates FA Cup, and Carabao Cup games played at the club’s home, Emirates Stadium, starting on 2 December 2023 and continuing for the next three years.
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Leading the way in commercial tyre retreading innovation: ContiLifeCycle UK plant
Continental relaunched the Bandvulc retreading plant it acquired in 2016 as the ContiLifeCycle plant in March. Based on what Conti EMEA’s head of commercial consumer solutions Ralf Benack described as the existing “deep knowledge” of Bandvulc, the facility in Ivybridge, Devon has become a technical innovation hub for the company’s tyre retreading programme in the region. When Tyres & Accessories visited the plant later in the year, the manufacturer revealed the results of strong annual investments and its innovative implementation of automated processes for increased efficiency, and the key role that reatreading plays in Conti’s overall sustainability strategy.
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Continental adds driving simulator to tyre development arsenal
After months of fine-tuning and integrating into development processes, Continental has begun operations with its new driving simulator for tyres and aims to use it in particular to assist original equipment tyre development. Tyrepress recently visited the simulator to find out more.
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Hankook opens Taiwan tyre distribution operation, considering Romania too
Hankook Tire & Technology Co. is opening a local corporation in order to sell tyres in Taiwan. According to the The Korea Economic Daily, Xu Shengqi, a Taiwanese executive with over 20 years of Hankook experience, at the helm. The newspaper also reported that Hankook “is also considering launching a local corporation in Romania to enhance its European presence”.
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Kia & Hyundai unveil Uni Wheel
Tyres and wheels are all too often dismissed as peripheral vehicle components, so let’s hope Hyundai Motor Company and Kia Corporation will address this falsehood with their new Universal Wheel Drive System, or Uni Wheel. The vehicle makers consider Uni Wheel a “paradigm-shifting vehicle drive system” that will “revolutionise the design of future mobility devices.”
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Not competitive enough – Michelin confirms plant closures in Germany
Germany’s position as a centre of manufacturing took another blow today with the confirmation that Michelin will gradually cease production at its Karlsruhe and Trier sites, as well as the manufacture of new tyres and semi-finished products in Homburg. Michelin will also transfer its Customer Contact Center from Karlsruhe to Poland. These changes are expected to be completed by the end of 2025 and will impact a total of 1,532 employees.
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Pyrum Innovations still building second plant – but not in Homburg
Pyrum Innovations has dropped plans to build a pyrolysis tyre recycling plant at Homburg, in Germany’s Saarland – but is still confident of setting up its second facility within the originally-announced timeframe, more or less. The company has already identified a potential new location.
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Vaculug named 4th best UK manufacturing company to work for
Vaculug has been voted the 4th best Manufacturing Company to Work for in the UK by Best Companies. The latest news joins a growing list of accreditations, including the acknowledgment of Vaculug as one of the top 75 Best Mid-Sized Companies to Work for in the UK by Best Companies.
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Nexen Tire signs OE tyre development MoU
Within the framework of a Memorandum of Understanding with the Korea Expressway Corporation’s Road Traffic Research Institute, Nexen Tire intends to reduce the time and expense required to produce tyres for original equipment customers. The two partners signed the MoU on 27 November at the Research Institute’s headquarters in Dongtan, Hwaseong.
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Vaculug joins TRA
Vaculug, Europe’s largest independent retreader, joined the Tyre Recovery Association (TRA) as a full member back in September, according to the Autumn/Winter TRA newsletter, which was published at the end of November.
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Pirelli confirms top S&P Global score
Pirelli reports that it achieved a top score in sustainability with the Auto Components and Automotive sectors in S&P Global’s 2023 Corporate Sustainability Assessment. The news emerged from the results published by S&P Global, which is also the basis for inclusion in the Dow Jones Sustainability indices.
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5 more years – Continental renews Hannover 96 football partnership
Continental has extended its longstanding partnership with football club Hannover 96. The new contract runs for five years, starting with the 2023/2024 season, and is independent of the club’s league affiliation. Hannover 96 currently plays in Germany’s second division 2. Bundesliga.
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