Michelin: No new news about Russia
The Annual Meeting of Michelin Shareholders will take place on Friday 12 May, and amongst the plethora of information contained within the accompanying Notice of Meeting document, the company shares a few words on activities in Russia. Its message is largely unchanged since the previous update two months ago.
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China: Synthetic rubber partnership for tyre applications
The research institute behind Sailun Group’s EcoPoint3 compounding technology has established strategic partnerships with two companies to explore synthetic rubber applications for use in tyre production. EVE Rubber Institute has signed agreements with Ecombine Advanced Materials and Arlanxeo High Performance Elastomer (Changzhou), with the three parties planning to draw upon their respective technological and marketing strengths to deliver innovations in liquid-phase mixing.
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Key appointments aiding growth at Ascenso Tyres CE
During what it refers to as a “successful” first quarter 2023, Ascenso Tyres CE has added to its team with the appointment of Pawel Kopinski, who takes over responsibility for the business in Poland, Hungary, Czech Republic and Slovakia, and Olaf Sandeck, who joins the company from Mitas to expand original equipment activities. The aim of generating sales of 50 million euros within five years is “thus gaining momentum.”
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Bridgestone Fleet Debris Study: Consign yard-based tyre damage to the scrapheap
Anyone who abhors saving money or road safety should read no further, for Bridgestone is certain that “thousands of costly punctures on motorways across England can be prevented in a matter of minutes.” The key to achieving this speedy, safety-related saving is, according to a Bridgestone study, regularly inspecting commercial fleet yards for bolts, nails and screws.
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Revenue of Double Coin parent (Huayi) exceeded 10 billion yuan in 2022
Recently, Shanghai Huayi, the parent company of Double Coin, announced its operating data for 2022. In 2022, the revenue of Huayi’s tyre segment reached 10.02 billion yuan (approximately £1.175 billion; €1.338 billion), a year-on-year increase of 6.62 per cent. Regarding net profit, Huayi relies heavily on Huayi Group (Hong Kong), which is responsible for overseas business (especially the business of factories in Thailand). During the reporting period, Huayi Group (Hong Kong) achieved a net profit of 172 million yuan (about £20 million; €23 million). The Double Coin Tire Group, responsible for Huayi’s domestic tyre business in China, lost 26.4318 million yuan (about £3.1 million; €3.53 million).
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Continental’s Burkhard Wies has “a new job”
After more than 25 years with Continental, Prof. Dr. Burkhard Wies has, in his own words, taken on “a new job”. He is still in the service of the same tyre manufacturer, but was appointed to the position of Vice President Innovation & Applied Research effective the beginning of the year.
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Goodyear launching 2023 Drive Results tour
Goodyear is about to embark on its 2023 Drive Results tour, a commercial vehicle road trip that will visit 15 countries across Europe between April and November. The tour will take Goodyear’s new Drive Results showroom truck to a variety of European events, showcasing the full breadth of the Goodyear Total Mobility offering.
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Carmakers trialling Bridgestone’s 75% recycled & renewable tyre
Bridgestone has produced a run of demonstration tyres with 75% recycled and renewable materials, including synthetic rubber made with recycled plastics and natural rubber containing hevea and guayule. The company is now jointly evaluating the tyres with vehicle manufacturers with a view to their use on the next generation of electrified SUVs and crossovers.
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Yokohama Rubber reducing CO2 footprint of motorsport tyres
As a contribution to carbon neutrality in motorsport, Yokohama Rubber is now powering its motorsport tyre production line in Mishima, Japan with electricity from renewable sources. Furthermore, certain tyres produced on this line contain 33% sustainable materials.
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UK Trade Remedies Authority investigation to start in weeks – ITMA
Following the news that the European Commission has introduced new definitive import tariffs against Chinese-produced truck tyres, we now know that a decision relating to any UK implementation of those rules is scheduled to be made by October. The latest detail is that the body responsible for the investigation relating to the UK implementation of any tariffs is set to start in weeks, according to the Imported Tyre Manufacturers Association (ITMA).
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Point S back at CV Show with strengthened fleet programme
Point S Tyre & Autocare is exhibiting at this year’s Commercial Vehicle Show. Visitors to stand 5F80 will be able to meet members of the Point S team and find out more about the network’s fleet programme, exclusive online fleet management system and gain a first glimpse of the new online system, with demonstrations available on request.
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Pirelli publishes 2022 financial report
At more than 700 pages long, the Pirelli & C. S.p.A. Annual Financial Report to 31 December 2022 isn’t exactly light entertainment, but nonetheless essential reading for investors and anyone wishing to broaden their knowledge about the tyre maker. The tome contains information about the company’s draft financial statement, consolidated financial statement and management report.
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Back with Michelin – Arriva North West signs 5-year contract
Arriva North West has returned to Michelin after a period with a rival supplier, and says certainty of supply, product quality and in-house expertise drove its decision to switch back. The bus operator has signed a five-year contract with the Michelin Services & Solutions division.
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Italmatic buys Zeiss Intact shearography business
Italmatic has announced the acquisition of the Zeiss Intact shearography business, which includes drawings, software, trademark and IP rights.
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ATS Euromaster partnering to meet fleet needs
Two months on from the opening of its new tyre fitting and service centre in Hull, and ATS Euromaster reports that the business is “going from strength to strength.” The new premises allows for commercial vehicle servicing including MOT work for class 4 and 7 commercials and for trained technicians to perform routine maintenance on EVs and hybrid vehicles.
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