![“Some overarching challenges can only be solved together” – Continental co-chairing TIP](https://www.tyrepress.com/wp-content/uploads/2023/02/continental_pp_christian_koetz-sml.jpg)
“Some overarching challenges can only be solved together” – Continental co-chairing TIP
Amongst recently-announced changes to the Tire Industry Project (TIP) was the addition of Continental as a fourth co-chair. The company describes involvement in this capacity as “further emphasising its comprehensive commitment to sustainability.” Continental says it will contribute resources to TIP as well as its “long-term expertise in the areas of end-of-life tyres, sustainability assessment methods, and sustainable materials.”
Continue Reading![Sentury will significantly increase production capacity in 2023](https://www.tyrepress.com/wp-content/uploads/2023/02/Picture3.jpg)
Sentury will significantly increase production capacity in 2023
Sentury’s revenue and net profit in 2022 increased year-on-year. The tyre manufacturer’s annual report shows that last year’s revenue was 6.29 billion yuan (about £760 million; €860 million), an increase of 21.53 per cent. Net profit attributable to shareholders of listed companies was 800 million yuan (approximately £97 million; €1.1 billion), an increase of 6.3 per cent.
Continue Reading![Bridgestone’s New Premium – a global brand & streamlined manufacturing](https://www.tyrepress.com/wp-content/uploads/2023/02/Enliten-sml.jpg)
Bridgestone’s New Premium – a global brand & streamlined manufacturing
Vehicle manufacturers have built various models upon common platforms for years now, so why not do the same with tyres? Bridgestone sees the value in sharing modular components across tyre lines and is making something called BCMA a foundation of its New Premium strategy. It will market tyres resulting from this strategy under a global brand name and promote this brand via reactivated motorsport activities.
Continue Reading![Linglong to build tyre factory in the Americas](https://www.tyrepress.com/wp-content/uploads/2023/02/news-photo1.png)
Linglong to build tyre factory in the Americas
Linglong Tire will build its next tyre factory in the Americas region. Tyres & Accessories learnt the news during a recent interview with Linglong Tire chairman Wang Feng, which took place alongside an exclusive tour of the company’s new European tyre production facility in Serbia.
Continue Reading![Aftermarket debut for Bridgestone Enliten](https://www.tyrepress.com/wp-content/uploads/2023/02/Bridgestone-Turanza-sml.jpg)
Aftermarket debut for Bridgestone Enliten
The expansion of Bridgestone Enliten into the replacement tyre market will commence in Europe this year with the launch of Bridgestone Turanza 6 and Duravis Van products featuring the technology. The tyre maker plans to debut a total of eight Enliten products for the European aftermarket in 2023, a figure representing around five per cent of all Bridgestone passenger car and light commercial vehicle tyres in the European replacement market.
Continue Reading![Yokohama adding 100,000 tyre capacity to Mie plant](https://www.tyrepress.com/wp-content/uploads/2023/02/Ise-City_150.jpg)
Yokohama adding 100,000 tyre capacity to Mie plant
Yokohama has announced plans to add 100,000 tyres-worth of production capacity to its existing factory in Ise City, Mie Prefecture, Japan.
Continue Reading![Yokohama Rubber reports record 2022](https://www.tyrepress.com/wp-content/uploads/2023/02/6561-Yokohama-Rubber-Posts-Record-Sales-Earnings-for-2022-Graph-02.jpeg)
Yokohama Rubber reports record 2022
The Yokohama Rubber Co. Ltd. has reported record sales and earnings in its fiscal 2022 (January to December 2022) figures. Sales revenue increased 28.3 per cent over the previous year, to 860.5 billion yen (£5.338 billion; 6.009 billion euros; US$6.409 billion). Business profit increased 12.8 per cent to 70.1 billion yen (£434.864 million; 489.504 million euros; $522.164 million). Both sales and profit were record figures. However, due to profit from the sale of Yokohama Rubber’s headquarters building in the previous year and other factors operating profit was down 17.7 per cent to 68.9 billion yen.
Continue Reading![GS Yuasa TV launch answers most frequently-asked battery questions](https://www.tyrepress.com/wp-content/uploads/2023/02/GS-Yuasa-TV.jpg)
GS Yuasa TV launch answers most frequently-asked battery questions
GS Yuasa, manufacturer of both GS and Yuasa batteries, have announced the launch of GYTV, the new name for its engaging and educational battery-learning videos. GYTV initially features two distinct series, covering battery basics and trade-focused advice, and is now available to watch on YouTube.
Continue Reading![Sinochem Holdings denies selling Pirelli stake](https://www.tyrepress.com/wp-content/uploads/2023/02/Picture1.png)
Sinochem Holdings denies selling Pirelli stake
On 16 February, Marco Polo International Italy S.r.l. (Marco Polo) stated that “Sinochem does not have any plan to sell its stake in Pirelli”. Marco Polo is Pirelli’s largest shareholder, holding a 37.01 per cent stake in the tyre maker. The ownership of Marco Polo belongs to China National Tyre & Rubber Co., Ltd (CNRC) under Sinochem Holdings.
Continue Reading![Integrating sustainability throughout the organisation: Goodyear EMEA VP talks sustainability](https://www.tyrepress.com/wp-content/uploads/2023/02/XavierFraipont-Goodyear-VP-Product-Development-EMEA.jpg)
Integrating sustainability throughout the organisation: Goodyear EMEA VP talks sustainability
“Sustainability” is not new, but it has really stepped into the foreground in the last couple of years. Furthermore, while “sustainability” is often used synonymously with terms like “green” and “ecological”. It is increasingly used in a much more strategic and philosophical manner to refer to areas across the gamut of environmental as well as corporate and social responsibility domains. At the same time, others have accused businesses of using such language as a means of jumping on the bandwagon and even “greenwashing” their companies to make them appear more sustainable than they are. March’s Tyres & Accessories takes a look at all these points and asks how they relate to the tyre business, beginning with this preview of an interview with Xavier Fraipont, Goodyear VP product development EMEA that will be published in the March edition of Tyres & Accessories magazine. This article is a preview of the full interview that will be published in the March edition of Tyres & Accessories magazine. Not a subscriber? No problem, click here to become one.
Continue Reading![Apollo launches Vredestein Pinza all-terrain tyres in India](https://www.tyrepress.com/wp-content/uploads/2023/02/Tyre-unveil-scaled.jpg)
Apollo launches Vredestein Pinza all-terrain tyres in India
Apollo Tyres Ltd has launched its Vredestein-branded Pinza AT tyres in India. Dubbed “dedicated and premium tyres for SUVs in India”, the Vredestein Pinza AT products feature “all-weather grip”, “excellent stability” and are said to deliver “comfortably rugged” and “quieter rides”, according to the company.
Continue Reading![VMI opens extended Poland tyre manufacturing machinery factory](https://www.tyrepress.com/wp-content/uploads/2023/02/2023-02-VMI-Poland-scaled.jpg)
VMI opens extended Poland tyre manufacturing machinery factory
VMI is celebrating the opening of three new assembly halls at its manufacturing site in Leszno, Poland. This brings VMI’s total available floor space in Poland to almost 30,000 square meters. The expansion of the VMI operation, which is part of technology company TKH, follows a number of years of strong growth in VMI’s core tyre and pharmaceutical business.
Continue Reading![Yokohama significantly boosting car tyre capacity in India](https://www.tyrepress.com/wp-content/uploads/2023/02/Yokohama-India-plant-sml.jpg)
Yokohama significantly boosting car tyre capacity in India
In order to satisfy increasing local demand, Yokohama Rubber is expanding passenger car tyre production capacity in India. It will invest US$82 million in its Yokohama India manufacturing and sales subsidiary to increase capacity from 2.8 million tyres per annum to 4.5 million tyres.
Continue Reading![SRI to “optimise” tyre business portfolio](https://www.tyrepress.com/wp-content/uploads/2023/02/SRI-USA-sml.jpg)
SRI to “optimise” tyre business portfolio
Tyre-related business profit at Sumitomo Rubber Industries (SRI) stood at 67.9 billion yen in 2016 and was still a respectable 41.4 billion yen in 2021, but last year dropped to 12.3 billion yen (£76.2 million). It’s therefore no surprise that SRI believes it has been investing too much capital in unprofitable businesses, and the company intends to change this.
Continue ReadingYokohama Rubber gives 1 million yen to earthquake relief efforts
The Yokohama Rubber Co. Ltd. and its employee-backed Yokohama Magokoro Fund is giving a total of ¥1 million (¥500,000 each from the company and the Fund) to the Japanese Red Cross Society in support of relief efforts in the earthquake-stricken parts of Turkey and Syria.
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