![Maxion to supply low-carbon wheel options](https://www.tyrepress.com/wp-content/uploads/2022/09/Maxion-Wheels-Green-Steel-Truck-Wheel-sml.jpg)
Maxion to supply low-carbon wheel options
Thanks to its delivery of low-CO2 steel wheel options to commercial vehicle manufacturers and fleets, Maxion Wheels says it is “ahead of the curve on carbon footprint savings.” But the world’s largest wheel manufacturer anticipates that by 2025, it will be able to offer steel commercial vehicle wheels with a cradle-to-gate carbon footprint more than 65 per cent lower than current wheels.
Continue Reading![Maxion Wheels adding forged aluminium products to CV portfolio](https://www.tyrepress.com/wp-content/uploads/2022/09/Maxion-Wheels_Inci-Holding-New-Forged-Aluminum-Plant-Rendering-sml.jpg)
Maxion Wheels adding forged aluminium products to CV portfolio
The truck steel wheel plant that Maxion Wheels and Inci Holding have jointly built in Turkey is ready to open, and during last week’s IAA Transportation show the two companies additionally announced plans to set up a facility for manufacturing aluminium commercial vehicle wheels. Maxion Wheels says adding forged aluminium commercial vehicle wheels “rounds out” its globally leading steel wheels portfolio, making Maxion a “one-stop option for truck and trailer manufacturers.”
Continue Reading![Pirelli pays back 600 million euro loan early](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Pirelli pays back 600 million euro loan early
Pirelli & C. S.p.A. has announced that it will repay a 600-million-euro funding line on 25 October 2022 “in advance and in full”. The debt had originally been due 25 January 2023.
Continue Reading![Sailun bond issuance application approved](https://www.tyrepress.com/wp-content/uploads/2022/09/Sailun.jpg)
Sailun bond issuance application approved
The China Securities Regulatory Commission reviewed and approved Sailun’s convertible bond public issuance application on 13 September. The tyre company plans to raise about 2 billion yuan (about 250.2 million pounds, 286.3 million euros), mainly for constructing two factories in Vietnam and Cambodia. Sailun said that investing in two overseas factories could further expand its tyre production capacity overseas and increase its manufacturing scale and market share.
Continue Reading![Michelin becomes global tyre partner of MAN Truck & Bus Driver Training](https://www.tyrepress.com/wp-content/uploads/2022/09/man-profidrive-kooperation-michelin-scaled.jpg)
Michelin becomes global tyre partner of MAN Truck & Bus Driver Training
MAN Truck & Bus and Michelin have announced a new training partnership at Hanover’s IAA Transportation show. From January 2023, Michelin will begin a three-year global cooperation with MAN ProfiDrive, the driver training programme from the Munich-based firm. MAN said that Michelin’s commitment to sustainable motoring made the tyre manufacturer a good choice of partner. The programme trains commercial vehicle drivers in the safe operation of safety and assistance systems, fuel-efficient driving, and the use of telematics services, as well as other topics relevant to fleet managers and entrepreneurs in the transport sector.
Continue Reading![Jury finds Goodyear guilty of misappropriating trade secrets](https://www.tyrepress.com/wp-content/uploads/2022/09/tingey-injury-law-firm-6sl88x150Xs-unsplash-scaled.jpg)
Jury finds Goodyear guilty of misappropriating trade secrets
On 19 September 2022, Goodyear Tire & Rubber Co was found guilty of misappropriating five of 12 alleged trade secrets relating to self-inflating tyres in a case brought by Czech company Coda Development SRO. As a result of the jury’s verdict, Coda was awarded a total of $64 million.
Continue Reading![ZC Rubber appoints Martin Wells as European MD](https://www.tyrepress.com/wp-content/uploads/2022/09/ZC-app-scaled.jpg)
ZC Rubber appoints Martin Wells as European MD
ZC Rubber has named Martin Wells as the company’s new European managing director and president of ZC Technical Center and Global OE. Meanwhile, Jörn Tietjens has been appointed as senior key account manager/senior automotive engineer of the European ZC Technical Center.
Continue Reading![A further delay for Continental’s new HQ](https://www.tyrepress.com/wp-content/uploads/2022/09/Conti-HQ.jpg)
A further delay for Continental’s new HQ
Continental employees in the company hometown of Hannover, Germany should have moved into their new headquarters some time back. When the topping-out ceremony took place at the end of 2019, the tyre maker and automotive supplier anticipated the building would be ready in time for its anniversary in 2021. But the pandemic upset these plans, and Continental announced a year ago that the new headquarters would open in summer 2022. We now know this didn’t happen.
Continue Reading![Doublestar deputy general manager steps down](https://www.tyrepress.com/wp-content/uploads/2022/09/Picture2.png)
Doublestar deputy general manager steps down
Zhang Zhentao, deputy general manager of Doublestar, submitted a written resignation application to the board of directors recently. Doublestar confirmed that Zhang Zhentao is not employed by company following his resignation, but did not disclose where he is working now. Zhang Zhentao is mainly engaged in financial work and has served as the deputy general manager of Doublestar since May 2020. Before that, he was part of the financial management of Tsingtao Brewery.
Continue Reading![Bike Tyrestore partners with Suzuki Tyre Support Programme](https://www.tyrepress.com/wp-content/uploads/2022/09/Suzuki.jpeg)
Bike Tyrestore partners with Suzuki Tyre Support Programme
Suzuki GB has launched the ‘Suzuki Tyre Support Programme’ in conjunction with Bike Tyrestore. The programme aims to grow aftersales business and increase customer footfall by offering the Suzuki dealer network a host of benefits.
Continue Reading![China’s tyre industry facing five difficulties: ZC Rubber chairman, Shen Jinrong](https://www.tyrepress.com/wp-content/uploads/2022/09/Shen-Jinrong.jpg)
China’s tyre industry facing five difficulties: ZC Rubber chairman, Shen Jinrong
The Chinese tyre industry is not optimistic about the future following the first half of 2022, which itself was something of a continuation of the problematic situation experienced in the country in 2021. In short, the overall Chinese tyre industry has experienced severe decline in profits. Shen Jinrong, chairman of ZC Rubber, China’s largest domestic tyre manufacturer and number nine in the world, made the comments during a recent speech at the China Rubber Conference 2022.
Continue Reading![ATS Euromaster’s tips for managing EV & hybrid maintenance costs](https://www.tyrepress.com/wp-content/uploads/2022/09/electric-car-charging-front-sml.jpg)
ATS Euromaster’s tips for managing EV & hybrid maintenance costs
Fleets changing to lower carbon and zero-emission vehicles are having to adapt to different SMR maintenance requirements, and ATS Euromaster notes that this can lead to higher costs. But the tyre service and maintenance provider says these can be managed effectively with a variety of insider tips on how to keep maintenance budgets under control.
Continue Reading![Michelin launches employee share plan](https://www.tyrepress.com/wp-content/uploads/2022/09/michelin-sign-logo-sml.jpg)
Michelin launches employee share plan
A job well done may be its own reward, but sharing the resulting profits benefits both employee and employer. This seems to be a principle that Michelin understands well, as the tyre maker has announced its ‘Bib’Action’ employee share ownership plan. Open to 120,000 members of its workforce, Michelin says this latest initiative illustrates its determination to “have its employees collectively rank among its main shareholders.”
Continue Reading![Kal Tire & Mitsui partnering on mining tyre recycling](https://www.tyrepress.com/wp-content/uploads/2022/09/Kal-Tire-Mitsui-JV-Signing-sml.jpg)
Kal Tire & Mitsui partnering on mining tyre recycling
To meet growing demand for mining tyre recycling and recycled rubber products, specifically carbon black and rCB, Kal Tire’s Mining Tire Group and Mitsui & Co. have entered into a joint venture commercialise the Kal Tire thermal conversion recycling facility in Chile from early 2023. Activities there will act as a “foundation” as the venture pursues “opportunities to bring OTR tyre recycling solutions to mining regions around the world.”
Continue Reading![Teijin Frontier announces a greener tyre cord](https://www.tyrepress.com/wp-content/uploads/2022/09/Teijin-Frontier-tyre-cord-sml.jpg)
Teijin Frontier announces a greener tyre cord
Teijin Frontier Co., Ltd. claims a world first with the commercialisation of a tyre cord that combines an adhesive that does not contain resorcinol formaldehyde (RF) with a chemically recycled polyester fibre. Test production of the tyre cord will begin next year, and the Teijin Group company aims to achieve annual production of 200,000 tonnes by 2030.
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