Continental’s Portuguese tyre plant gets ISCC PLUS sustainability certification
Continentals tyre plant in Lousado, Portugal has received the International Sustainability and Carbon Certification (ISCC) PLUS. The international certification confirms the manufacturer’s compliance with special sustainability standards at its Lousado plant; specifically the transparency and traceability of renewable and recycled raw materials along the entire supply chain. The manufacturer said that the certification represents an important milestone on its journey towards 100 per cent sustainable materials in its tyre products, a target Conti has set for 2050. Conti already produces what it says is the most sustainable tyre on the market at Lousado. The UltraContact NXT contains up to 65 per cent renewable, recycled and mass balance certified materials. Up to 28 per cent of these are accounted for by ISCC PLUS-certified materials, such as synthetic rubber made from biobutadiene or industrial carbon black, parts of which are produced from circular oil.
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Superior Industries Production Germany files for insolvency
Earlier today, Superior Industries Production Germany GmbH (SPG), a wholly owned subsidiary of US-headquartered aluminium wheel supplier Superior Industries International, Inc., filed voluntary petitions for preliminary insolvency proceedings. Superior Industries calls this step a “strategic action” to “further enhance competitiveness.”
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Terry Moody joins BA Bush & Sons as UK sales executive
BA Bush & Son Ltd has recruited Terry Moody as its new UK sales executive. The company said it is expanding and enhancing its existing sales team and coverage of the UK. Moody has a wealth of experience in both sales and the tyre industry and has previously worked in the OTR tyre sector. BA Bush says Moody will work with new and potential customers to communicate the company’s extensive brand catalogue, including exclusive off-road brand Ascenso Tyres. He will be accountable for growth with new customers as well as maintaining existing customer relationships, meeting customer needs and requirements.
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Siemens joins Zeppelin Sustainable Tire Alliance
Plant engineer and equipment manufacturer Zeppelin Systems launched the Zeppelin Sustainable Tire Alliance in March 2023 to pursue a goal of increasing sustainability within the tyre industry by rethinking production and recycling within the context of a circular economy. The Alliance brings together firms from around the world in order to put this vision into practice at various points in the tyre value chain. The latest to join is Siemens AG.
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New Linglong N.A. sales company, Geoff Doster appointed president
Linglong Tire has launched a new wholly-owned subsidiary, Linglong N.A. Sales, based in Palm Beach Gardens, Florida. Geoff Doster became president of the new company effective 7 August 2023. The establishment of Linglong N.A. Sales follows the news that Linglong is considering investing in production facilities in “the Americas”.
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ZC Rubber revenue rose 11.24%
In the first half of 2023, ZC Rubber’s revenue was 17.374 billion yuan (about £1.89 billion; €2.21 billion), an increase of 11.24 per cent from 15.618 billion yuan (£1.7 billion; €1.98 billion) in the same period last year. During the same period, the net profit of ZC Rubber was 1.625 billion yuan (approximately £177 million; €207 million).
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Giti Tire brings guests & a legend to Convoy in the Park
Giti Tire welcomed over 750 guests from across Europe onto its stand at this year’s Convoy in the Park at Donington Park, with Honda TT legend John McGuinness MBE the star attraction driving in his first-ever truck races.
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Sentury Tire share issue meets 75% of Spain factory costs
Approximately three-quarters of the funds that Qingdao Sentury Tire Co. Ltd. needs to set up a factory in Spain have been secured through a share issue. On 22 August, the tyre maker informed the Shenzhen Stock Exchange that it had issued 94,307,847 shares to 20 parties at a price of RMB 26.69 (£2.93, US$3.68) per share, raising approximately RMB 2.8 billion (£307.1 million, $386.4 million).
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Green light for Tyre Call Antrim expansion
Wholesaler Tyre Call has gained approval for a new storage and distribution warehouse at its Antrim, Northern Ireland site. Antrim and Newtownabbey Borough Council’s Planning Committee has approved plans for the building of a 7,361 square metre distribution warehouse.
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GS Yuasa batteries playing key role at Royal Mint Energy Centre
Battery technology specialist GS Yuasa has played a pivotal role in powering the future of sustainable energy at The Royal Mints multi-technology Energy Centre at Llantrisant, Wales, which was unveiled by Infinite Renewables earlier this month. At the heart of The Royal Mint Energy Centre is GS Yuasa’s state-of-the-art dual-chemistry energy storage system (ESS).
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TMD Friction gains new investor for future growth
Automotive brake friction solutions specialist TMD Friction has confirmed its sale to German private equity investor Aequita. The transaction will likely be completed in the fourth quarter of this year, subject to approval by the relevant authorities and the fulfilment of other customary implementation conditions.
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Denso’s 2023 heavy-duty applications catalogue available for download
The latest publication from Denso covers all of the company’s heavy-duty products for more than 7,500 applications including agricultural vehicles and industrial equipment, as well as medium and heavy commercial vehicles.
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Guizhou Tyre increases investment in Vietnam factory
Chinese manufacturer Guizhou Tyre released its semi-annual report on 22 August, providing progress updates about the production facilities it is currently building at home and overseas. The company also reported revenue of RMB 4.44 billion (£482.6 million, US$611.2 million) for the first half of 2023 and profit of RMB 340 million (£37.0 million, $46.8 million).
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Bridgestone tyres go virtual again in Ride 5
Game developer Milestone is once again partnering with Bridgestone to bring a range of tyres to the latest instalment of its Ride videogame series, Ride 5. Through this partnership, Bridgestone aims to “solidify its position as a market leader for motorbike tyres” and showcase its products and legacy in the competitive racing world.
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Formula 1 & Liqui Moly extend partnership in new multi-year deal
By now a well-established name in the world of motorsport, the Liqui Moly logo is a familiar sight on the hoardings of Formula 1 racetracks. Thanks to a new contract, the company will continue to be a global F1 partner through the end of 2026.
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