![Titan International in a “great position” despite impending recession, says Taylor](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
Titan International in a “great position” despite impending recession, says Taylor
Although the USA is “heading fast toward recession” and inflation “continues to be a problem,” Titan International chairman Morry Taylor expects that some companies “will not be affected by the Big R in a big way.” Demand for large equipment continues to outstrip supply and Taylor anticipates farmers turning a profit. Against this backdrop, Titan expects Q3 2022 revenue of approximately US$540 million.
Continue Reading![Michelin exceeds 2030 sustainability targets with latest tyre prototypes](https://www.tyrepress.com/wp-content/uploads/2022/10/Michelin-sustainable-sml.jpg)
Michelin exceeds 2030 sustainability targets with latest tyre prototypes
Two new Michelin tyres take the manufacturer a step closer towards its goal of production with 100% bio-sourced, renewable or recycled materials by 2050. Approved for road use, the non-production car and bus tyres respectively contain 45% and 58 % sustainable materials. With “performance levels strictly identical to current tyres” they prefigure the technologies we’ll see in Michelin products within two to three years.
Continue Reading![‘Stronger together’ – tyre and aftermarket sector gathers for 2022 Tyre Industry Conference](https://www.tyrepress.com/wp-content/uploads/2022/10/stefan-ntda-conf-e1665060212683.png)
‘Stronger together’ – tyre and aftermarket sector gathers for 2022 Tyre Industry Conference
The Tyre Industry Conference 2022 has opened at The Vox Conference Centre, Birmingham. The National Tyre Distributors Association’s annual event, sponsored this year by wholesaler GB Tyres and Indian tyre brand JK Tyre, is presenting tyre business delegates with a stimulating programme of presentations tackling the biggest questions facing different sectors of the distribution chain; from the newest innovations in tyres for electric vehicles to the key issues affecting tyre recovery and recycling. Stefan Hay, NTDA chief executive, set the tone of the event with his opening address, calling for a collaborative effort from the industry to tackle pressing issues, such as the skills shortage and efforts to decarbonise and promote the circular economy. Meanwhile, Simon Wright used his first conference address as NTDA national chairman to pay tribute to his predecessor Martin O’Brien as “a master of the round and black,” and to celebrate the association’s success in promoting tyre technician training and accreditation, with “around 2000 commercial tyre technicians” going through its newest scheme.
Continue Reading![EU-27 plus UK tyre imports rise 11% as winners and losers emerge from turbulent market](https://www.tyrepress.com/wp-content/uploads/2022/10/cumulative-tire-imports.png)
EU-27 plus UK tyre imports rise 11% as winners and losers emerge from turbulent market
Since March, cumulative passenger car and light truck tyre imports to the European Union and UK have, for the first time, recovered to run above pre-pandemic levels. This is despite the well-documented impact of sharply higher ocean freight costs in this period, and disruption to production in some source countries. A newly published report by Astutus Research, “European PCLT Tire Demand and Supply Forecasts to 2026”, shows that in the first seven months of 2022, European (the EU-27 plus UK)* imports from outside the region were 11% higher than the same period last year and 5% higher than the equivalent pre-Covid period in 2019.
Continue Reading![ATS Euromaster: Fleets, staff benefit from expanded night services](https://www.tyrepress.com/wp-content/uploads/2022/10/ATS-Euromaster-van-sml.jpg)
ATS Euromaster: Fleets, staff benefit from expanded night services
Over a period of 12 months, ATS Euromaster piloted an out-of-hours tyre inspection and replacement service for retailer and dotcom fleets. The tyre and maintenance provider recently opened up this night shift service to last-mile delivery operators is already generating over 9,300 servicing jobs per month. It says this service, which complements the existing emergency tyre work service it provides to blue lights fleets, is “already proving a hit for customers and staff.”
Continue Reading![Halfords acquires Lodge Tyre](https://www.tyrepress.com/wp-content/uploads/2022/10/halfords-autocentre-tesla-2.jpg)
Halfords acquires Lodge Tyre
Halfords Group plc has made a further tyre sector acquisition with its purchase of LTC Trading Holdings Limited and subsidiary Lodge Tyre Company for £37.2 million. The addition of Lodge Tyre’s 50 garages and 248 mobile vans takes the Halfords garage services business to 656 garages, 253 consumer vans, 440 commercial vans and nine warehouses.
Continue Reading![DTM founder and chairman Steve Richardson retires](https://www.tyrepress.com/wp-content/uploads/2022/10/111022-Steve-Richardson-scaled.jpg)
DTM founder and chairman Steve Richardson retires
Steve Richardson, founder of Direct Tyre Management (DTM) has announced his retirement from a tyre industry career spanning 45 years. A familiar, well-regarded name around the sector, Richardson set up DTM in 2004 having distinguished himself in a rapid ascent in a variety of roles with Central Tyres, ATS Euromaster and Motorway Tyres. He will continue to provide guidance to DTM over the coming months before enjoying his retirement.
Continue Reading![Pyrum building up to 10 pyrolysis plants with Unitank](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Pyrum building up to 10 pyrolysis plants with Unitank
Pyrum Innovations intends to build up to ten pyrolysis plants for recycling end-of-life tyres in the EU by 2030 together with tank terminal operator Unitank Betriebs- und Verwaltungs. The two firms agreed on this in a MoU signed in September. The first plant will be built in Germany, with its exact location finalised by the end of this year and commercial operation probably commencing late 2025.
Continue Reading![Continental “working at full speed” to restructure rubber supply chains](https://www.tyrepress.com/wp-content/uploads/2022/09/continental_pp_natural_rubber__giz_canopy-sml.jpg)
Continental “working at full speed” to restructure rubber supply chains
The goal at Continental is to exclusively obtain natural rubber for its tyres from responsible sources as of 2030. Confirmation of responsible sourcing is essential to natural rubber’s status as a sustainable raw material, and gaining this confirmation requires traceability within the supply chain. Although completely seamless traceability is currently technically impossible, Continental says it is “working at full speed” on a blueprint for the sustainable and responsible structuring of natural rubber supply chains.
Continue Reading![Yokohama quitting karting tyre business](https://www.tyrepress.com/wp-content/uploads/2022/09/Yokohama-Karting-sml.jpg)
Yokohama quitting karting tyre business
Yokohama Rubber has announced it will cease supplying karting tyres at the end of this year. The tyre maker says its management team reached this decision “after careful consideration of various viewpoints” related to restructuring as part of the company’s mid-term management plan.
Continue Reading![Apollo reaches half-decade TBR milestone in UK & Europe](https://www.tyrepress.com/wp-content/uploads/2022/09/apollo-truck-tyres-sml.jpg)
Apollo reaches half-decade TBR milestone in UK & Europe
With a market share around 30%, the Apollo brand is the strongest player in India’s enormous commercial vehicle segment. It only arrived in the UK five years ago, but Apollo Tyres’ truck and bus radial range is already very much at home here and well positioned for further growth. We recently caught up with Apollo to find out more.
Continue Reading![ISCC PLUS sustainability certification for Bridgestone’s Roma plant](https://www.tyrepress.com/wp-content/uploads/2022/09/Bridgestone-ISCC-sml.jpg)
ISCC PLUS sustainability certification for Bridgestone’s Roma plant
The Bridgestone factory in Rome, Italy has become the company’s first tyre plant worldwide to achieve International Sustainability and Carbon Certification (ISCC) PLUS certification. The plant gained certification at the beginning of September thanks to its use of bio-circular and circular-based materials. Bridgestone EMIA says it will expand the assessment programme to further European plants from 2023.
Continue Reading![Hercules Tires turns 70](https://www.tyrepress.com/wp-content/uploads/2022/09/Hercules.jpg)
Hercules Tires turns 70
This month, Hercules Tire and Rubber Company celebrates its 70th anniversary. Established as a cooperative by independent tyre dealers and retreaders seeking quality products at an affordable price, the company has grown into a value segment leader that today offers a comprehensive selection of tyres under its Hercules, Ironman and Dynatrac brands.
Continue Reading![Sustainability: ZC Rubber setting up tyre pyrolysis, recycling facilities](https://www.tyrepress.com/wp-content/uploads/2022/09/ZC-Rubber-recycling-machinery.jpg)
Sustainability: ZC Rubber setting up tyre pyrolysis, recycling facilities
ZC Rubber claims to have been the first tyre company in China to recycle, reuse and repurpose its products, beginning its journey in 2005 with the establishment of its Recycling Technology and Service Center. The manufacturer is expanding its circular economy activities in 2022 with a new 5,000 tonne per annum tyre pyrolysis processing line as well as a Zhongce Recycling Technology production line that can produce 7,500 tonnes of liquid recycled rubber a year.
Continue Reading![Wind powered Sentury Spain tyre factory on-track](https://www.tyrepress.com/wp-content/uploads/2022/09/pexels-narcisa-aciko-1292464-scaled.jpg)
Wind powered Sentury Spain tyre factory on-track
At the end of 2021, Sentury Tire announced that it is planning to build a half-a-billion-euro tyre factory in the Galicia region of Spain. 10 months down the line, is the Sentury Spain factory still going ahead as planned? The short answer is yes and the project is designed to be powered by wind energy. Tyres & Accessories spoke to Warren Rudman, general manager Sentury Tire (Spain) S.L. in order to find out more.
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