![Toyo: Serbia plant’s solar panels will save 200,000 tonnes of CO2](https://www.tyrepress.com/wp-content/uploads/2023/01/Solar-plant2.jpg)
Toyo: Serbia plant’s solar panels will save 200,000 tonnes of CO2
Toyo Tires has confirmed that its Indija, Serbia plant is using a “Taiyo (太陽)” solar energy array that is designed to eliminate 200,000 tonnes of CO2 over its working life.
Continue Reading![Apollo Tyres opens Hyderabad Digital Innovation Centre](https://www.tyrepress.com/wp-content/uploads/2023/01/DIC.jpg)
Apollo Tyres opens Hyderabad Digital Innovation Centre
Apollo Tyres Ltd and the Telangana Government have agreed to open a Digital Innovation Centre in Hyderabad. The two parties signed a Memorandum of Understanding (MoU) to that effect after a meeting between the two parties during the World Economic Forum at Davos. The planned Hyderabad location is Apollo Tyres’s second Digital Innovation Centre. The first is in London.
Continue Reading![Lighter & cheaper – Smart Tire Company announces latest airless tyre](https://www.tyrepress.com/wp-content/uploads/2023/01/SmartTire-sml.jpg)
Lighter & cheaper – Smart Tire Company announces latest airless tyre
A name still unfamiliar to many, The Smart Tire Company (STC) is commercialising NASA’s non-pneumatic tyre technology. It is working with vehicle manufacturers to produce shape memory alloy tyres for cars and has launched a second generation of its airless bicycle tyre. In addition to developing products for use here on Earth, STC intends to send tyres to the Moon as part of NASA’s Project Artemis.
Continue Reading![HF Group adds to its management board](https://www.tyrepress.com/wp-content/uploads/2023/01/Zoran-HF_web.jpg)
HF Group adds to its management board
Effective 1 November 2022, Hamburg, Germany-based Harburg-Freudenberger Maschinenbau GmbH (otherwise known as HF Group) appointed Zoran Uranjek to its management board.
Continue Reading![Michelin, unions sign “quality of working life” agreement](https://www.tyrepress.com/wp-content/uploads/2023/01/michelin-sign-logo-sml.jpg)
Michelin, unions sign “quality of working life” agreement
In order to offer a “comprehensive response to evolving employee expectations” about their working environment and conditions, Michelin has entered into a new four-year agreement with the four labour unions representing its workforce in France. The tyre maker and the CFDT, CFE-CGC, CGT and SUD unions signed the ‘People and their Working Environment’ agreement on 5 January 2023.
Continue Reading![Goodyear provides tyre expertise to rFactor 2](https://www.tyrepress.com/wp-content/uploads/2023/01/Goodyear-rFactor2-sml.jpg)
Goodyear provides tyre expertise to rFactor 2
Players of the rFactor 2 motorsport simulation will benefit from a partnership between Studio 397 and Goodyear. The tyre maker is helping the Studio 397 physics team understand the very deep and complex construction and reactions of racing tyres. The Netherlands-based video game developer says it has benefitted from “an exceptional collaboration and sharing of data and insight of late.”
Continue Reading![Finnish Pride: Nokian Heavy Tyres granted use of ‘Key Flag’ symbol](https://www.tyrepress.com/wp-content/uploads/2023/01/Nokian-Key-Flag.webp)
Finnish Pride: Nokian Heavy Tyres granted use of ‘Key Flag’ symbol
The Association for Finnish Work, a Helsinki-based organisation tasked with raising the profile of Finnish-made products and ensuring their success, has granted Nokian Heavy Tyres the right to use its Key Flag symbol on tyres, wheels and retreading materials. The Key Flag denotes that these products are produced in Finland and contain at least 50% domestic content.
Continue Reading![Recruitment roadblock reduces Halfords profitability, but tyres continue to drive growth](https://www.tyrepress.com/wp-content/uploads/2023/01/timandrew_HME_AGA4688-scaled.jpg)
Recruitment roadblock reduces Halfords profitability, but tyres continue to drive growth
Halfords Group plc (Halfords)’s third-quarter 2023 trading update for the 13 weeks to 30 December 2022 show that group revenue grew 38.3 per cent and like-for-like group sales were up 12.6 per cent compared with 2020 levels. Other headlines included the news that Halfords’s services business represents 50.3 per cent of group revenue, and B2B, which includes the Avayler system 28.2 per cent. At the same time, Halfords hailed its “strong Commercial Fleet performance”, with this part of the business growing 138 per cent year-on-year. However, the company reduced its full-year 2023 underlying profit before tax (PBT) guidance from £60 million to £50 million.
Continue Reading![EC provisionally reduces Chinese truck tyre tariffs to €38.87 for most manufacturers](https://www.tyrepress.com/wp-content/uploads/2022/09/Eu-CRIA.png)
EC provisionally reduces Chinese truck tyre tariffs to €38.87 for most manufacturers
The European Commission has provisionally recalculated anti-Chinese-produced truck tyre import tariffs to between €21.12 and €61.76 per tyre, equating to a reduction of between 0 and 51 per cent, depending on the manufacturer. Consultation on the provisional recalculation is now open until 23 January, before the final determination will be made on 25 January 2023.
Continue Reading![GRI optimistic about future following resilient 2022](https://www.tyrepress.com/wp-content/uploads/2023/01/GRI-Ranasoma-sml.jpg)
GRI optimistic about future following resilient 2022
Reflecting on the year that was 2022, GRI’s Dr Mahesha Ranasoma comments that the company “made significant strides in building its GreenLeadership credentials” during the year. The chief executive officer adds that the off-highway tyre specialist “weathered the storms and the impact of the global economic downturn” during 2022, continuing to “remain resilient throughout the year.”
Continue Reading![$174 million investment: Nokian Tyres boosting USA production, warehousing](https://www.tyrepress.com/wp-content/uploads/2023/01/Nokian-Dayton.jpg)
$174 million investment: Nokian Tyres boosting USA production, warehousing
Nokian Tyres is investing approximately US$174 million to double tyre capacity at its factory in the USA and to expand warehousing capabilities at the Dayton, Tennessee site. This project will lead to the creation of 75 new jobs at the Dayton facility this year, and the expansion will also enable Nokian to add light truck tyres to the plant’s product mix in 2023.
Continue Reading![T&C Site Services: Port & OTR success with Continental](https://www.tyrepress.com/wp-content/uploads/2023/01/Conti-TC-sml.jpg)
T&C Site Services: Port & OTR success with Continental
Praise for Continental from T&C Site Services Ltd. Not only does the UK’s largest independent earthmover and OTR tyre specialist think highly of the Continental range of radial and v-ply tyres, it appreciates the company’s “forward-thinking and advisory approach.”
Continue Reading![ZC Rubber offers IPO update, Thailand factory supports profit in 1H 2022](https://www.tyrepress.com/wp-content/uploads/2023/01/ZC-Rubber.png)
ZC Rubber offers IPO update, Thailand factory supports profit in 1H 2022
Hangzhou Zhongce Rubber Co. Ltd (ZC Rubber) recently issued an update on the progress of its initial public offering (IPO). According to the data, Zhongce Haichao (a company established by four local Hangzhou enterprises in 2019 in order to invest in ZC Rubber, namely Hangzhou Great Star Industrial Co., Ltd., Hangcha Group Co., Ltd., Juxing United Holding Group Co., Ltd., and Hangzhou Haichao Enterprise Management Partnership (Limited Partnership) holds 41.08 per cent of the tyre manufacturer’s shares and is the company’s controlling shareholder. Qiu Jianping and his daughter Qiu Fei hold 46.95 per cent of the shares and corresponding voting rights of ZC Rubber through Zhongce Haichao and several other companies and therefore control ZC Rubber.
Continue Reading![Hankook begins Mono Mars Formula E partnership](https://www.tyrepress.com/wp-content/uploads/2023/01/Hankook-Mono-Mars-sml.jpg)
Hankook begins Mono Mars Formula E partnership
Mono Mars is, I am told, a virtual influencer inspired by Mars exploration rovers. His quest to go to Mars has helped Mono Mars gain more than 115,000 followers, and Hankook Tire has now joined up with this Red Planet-obsessed robot to reach out to motorsports fans as part of its Formula E partnership.
Continue Reading![Michelin trials Uptis with DHL Express](https://www.tyrepress.com/wp-content/uploads/2023/01/uptis-002-sml.jpg)
Michelin trials Uptis with DHL Express
Nearly 50 DHL Express vans will begin running on the Michelin Uptis airless tyre to make last-mile deliveries in Singapore by the end of 2023. The pilot programme begins with the first vehicles making delivery trips from 10 January.
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