![Luca Frangi appointed Prometeon Eastern Europe CEO](https://www.tyrepress.com/wp-content/uploads/2022/03/H02-PROFUEL-Drive-ambient-sml.jpg)
Luca Frangi appointed Prometeon Eastern Europe CEO
Prometeon Tire Group has appointed Luca Frangi as CEO for its Eastern European organisational structure. Frangi has almost 20 years of experience within Pirelli. He will take up his new position in July 2022. Prometeon added that Jarosław Krzempek will leave the company from 8 July 2022 to take advantage of new professional opportunities.
Continue Reading![ZC Rubber preparing for IPO](https://www.tyrepress.com/wp-content/uploads/2021/11/Shen_ZC-Rubber.jpg)
ZC Rubber preparing for IPO
China’s largest tyre manufacturer, ZC Rubber, plans to list on the Shanghai Stock Exchange and has entered the pre-listing tutoring stage. Recently, Hangcha Group, one of the principal shareholders of ZC Rubber, confirmed the news. The institution that conducted ZC Rubber’s pre-listing tutoring is China Securities.
Continue Reading![Yokohama gearing up for European tyre factory](https://www.tyrepress.com/wp-content/uploads/2022/06/IMG-20220623-WA0026-e1656051929185.jpg)
Yokohama gearing up for European tyre factory
In October, Yokohama announced that the company had appointed ex-Pirelli and ex-Prometeon executive Gregorio Borgo as its European president. Roughly nine months later, there are a number of indications that the European business is entering a new chapter, which includes plans to invest in the construction of a factory “in the heart of Europe”.
Continue Reading![Big O Tires names new President & COO](https://www.tyrepress.com/wp-content/uploads/2020/10/820_earth_globe-scaled-e1602237485165.jpg)
Big O Tires names new President & COO
Brian Maciak has been named the new president and chief operating officer of US-based tyre retailer and automotive service network Big O Tires. He will take on this role on 1 July, following the retirement of Big O’s vice-president and general manager, Jim Bull.
Continue Reading![Bridgestone opens new US race tyre production site](https://www.tyrepress.com/wp-content/uploads/2022/06/Bridgestone-Akron-ribbon-cutting-sml.jpg)
Bridgestone opens new US race tyre production site
An opening ceremony took place yesterday for Bridgestone’s new racing tyre manufacturing facility in the USA. The inauguration of the Advanced Tire Production Center (ATPC) in Akron, Ohio provides Bridgestone Americas with the means of enhancing the efficiency and sustainability of its race tyre production. Housing a team of 60, the US$21 million plant will manufacture all Firestone Firehawk race tyres for the NTT IndyCar Series.
Continue Reading![USTMA: Tax credits for retreaded tyres would “level the global playing field”](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
USTMA: Tax credits for retreaded tyres would “level the global playing field”
The U.S. Tire Manufacturers Association (USTMA) and its member companies have voiced their support for a legislative proposal to incentivise retreading. The Commercial Vehicle Fleet Retreaded Tire Utilization Reinvestment and Recovery Act of 2022 (H.R. 8165), introduced to the United States Congress this week, would provide tax credits for fleet purchases of US retreaded commercial vehicle tyres.
Continue Reading![New Davanti distributor for UAE](https://www.tyrepress.com/wp-content/uploads/2022/06/Central-Trading-Company-and-Davanti-sml.jpg)
New Davanti distributor for UAE
Davanti Tyres has a new exclusive distributor across all territories within the United Arab Emirates. This remit has been taken on by Central Trading Company LLC, a member company of the Al-Rostamani Group, one of the largest and oldest conglomerates in the UAE.
Continue Reading![Michelin now sole owner of RLU sustainable rubber project](https://www.tyrepress.com/wp-content/uploads/2022/06/Michelin-RLU-sml.jpg)
Michelin now sole owner of RLU sustainable rubber project
With the purchase of the 49 per cent shareholding that Barito Pacific Group had in Royal Lestari Utama (RLU), the joint venture pilot project to develop sustainable rubber tree plantations in Indonesia becomes a 100 per cent Michelin-owned affair. Moving forwards, Michelin views RLU as a “significant long-term opportunity to actively contribute to making the natural rubber sector more sustainable.”
Continue Reading![Bridgestone & Dow debut sustainable tyre sealant technology](https://www.tyrepress.com/wp-content/uploads/2022/06/B-Seal-S-Logo-1.jpg)
Bridgestone & Dow debut sustainable tyre sealant technology
Following more than four years of joint research and development, Bridgestone Americas and Dow are presenting their recyclable, silicone-based tyre sealant technology this week. The partners are introducing the solution at the 2022 Silicone Expo in Detroit, USA.
Continue Reading![OTR tyremaker Huitong transitions to new ownership](https://www.tyrepress.com/wp-content/uploads/2022/06/Picture1.jpg)
OTR tyremaker Huitong transitions to new ownership
On 14 June 2022 Hou Yugang, chairman of Zaozhuang Mining Group, went to Zhongxing Huitong Tire for research purposes. During his public speech, Hou Yugang affirmed that Zaozhuang Mining Group’s takeover of OTR tyre specialist Huitong had transitioned smoothly following the transfer of equity.
Continue Reading![Tyrewise: 2023 start for New Zealand tyre recycling scheme](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Tyrewise: 2023 start for New Zealand tyre recycling scheme
New Zealand’s first nationwide regulated product stewardship scheme for recycling used tyres is expected to start operating in 2023. The Tyrewise scheme will address the estimated 6.5 million end-of-life tyres (ELTs) generated within the country each year.
Continue Reading![Best4Tires acquires German wholesaler Berlin-Tyre](https://www.tyrepress.com/wp-content/uploads/2022/06/Best4Tires-1a-Berlin-Tyre.jpg)
Best4Tires acquires German wholesaler Berlin-Tyre
Best4Tires, the tyre, rim and complete wheel firm previously known as Reifen Gundlach, has entered into a binding agreement to purchase German tyre wholesaler 1a Berlin-Tyre GmbH & Co. KG. Parent company Rivean Capital (formerly Gilde Buy Out Partners) states that this acquisition “represents another important milestone towards Best4Tires’ strategic goal of establishing a market presence throughout Germany.”
Continue Reading![Nankang Tyre took over “management rights” of Federal in Q4 2021](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
Nankang Tyre took over “management rights” of Federal in Q4 2021
According to Federal Corporation’s 2021 annual report, which was published in mid-May 2022, on 15 October 2021, “major shareholder Nankang Rubber Tire Corp. Ltd. Nankang Rubber Tire Corp., Ltd…called an extraordinary shareholders meeting to obtain the management right[s].” Federal and Nankang representatives have been contacted by Tyres & Accessories for comment.
Continue Reading![Bridgestone partners with Dow to develop ‘breakthrough’ tyre sealant](https://www.tyrepress.com/wp-content/uploads/2022/06/Bridgestone-1.png)
Bridgestone partners with Dow to develop ‘breakthrough’ tyre sealant
Bridgestone Americas (Bridgestone) and Dow recently announced that they have partnered to develop B-Seals, a silicone-based tyre sealant. According to the two companies, B-Seals can be efficiently separated from tyres to promote tyre repairability after a puncture. In addition, the technology is designed to enable end-of-life tyre recycling and extended tyre life.
Continue Reading![Giti Tire extends Vianor Nordic distribution agreement to 2024](https://www.tyrepress.com/wp-content/uploads/2022/06/ph150.Vianor-Holding-Oy-scaled.jpg)
Giti Tire extends Vianor Nordic distribution agreement to 2024
Giti Tire has extended its non-exclusive distribution agreement with long-term Nordics partner Vianor. The new extension will run until 2024, which will mean the relationship between the companies will pass its 20th anniversary. The deal covers GT Radial passenger car, SUV and light truck tyres (both summer and winter) and Giti heavy truck and bus products in Finland, Norway and Sweden. Vianor distributes tyres through its own self-branded stores and independent retailers, at more than 500 points of sales.
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