![Tyre Stewardship Australia praises new recycling initiative](https://www.tyrepress.com/wp-content/uploads/2021/12/remade.png)
Tyre Stewardship Australia praises new recycling initiative
Australia’s government has launched ReMade in Australia, a new national effort to encourage industry to transform recycled waste into productive outcomes. Tyre Stewardship Australia (TSA) has expressed its strong agreement with the campaign.
Continue Reading![JK Tyre CFO: Margin improvement a top priority, exports up 96%](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
JK Tyre CFO: Margin improvement a top priority, exports up 96%
JK Tyre CFO Sanjeev Aggarwal is making margin improvement in the face of inflationary pressures a top priority, according to a recent interview with India’s Economic Times newspaper. And therefore the company will pass on raw material price increases to its customers.
Continue Reading![Discount Tire buys Tire Rack](https://www.tyrepress.com/wp-content/uploads/2021/12/Tire-Rack.png)
Discount Tire buys Tire Rack
Discount Tire, a leading independent tyre and wheel retailer in the US is acquiring Tire Rack, which is known for its tyre tests and is a “consumer-direct source for tyres, wheels and performance accessories”. According to the company, the investment is part of Discount Tire’s vision of creating an “Easy, and Safe omnichannel, B2B, and fleet customer experience”. The transaction is expected to close on 31 December 2021.
Continue Reading![Fernando Torres becomes Autodoc brand ambassador](https://www.tyrepress.com/wp-content/uploads/2021/12/Torres-Fernando.jpg)
Fernando Torres becomes Autodoc brand ambassador
Online auto parts dealer Autodoc has named Spanish footballer and world champion Fernando Torres as the companys exclusive brand ambassador. Resultant communication activities include a wide range of campaigns, but the focus social media activities in Spain and the UK as well as in all of the other 25 European countries in which Autodoc is currently active.
Continue Reading![Bridgestone closing truck tyre plant in China](https://www.tyrepress.com/wp-content/uploads/2021/12/generic01.jpg)
Bridgestone closing truck tyre plant in China
As part of the global footprint restructuring announced as part of its Mid Term Business Plan (2021-2023), Bridgestone Corporation is shutting one of the two truck tyre plants it currently operates in China. It will close the Bridgestone (Huizhou) Tire Co., Ltd. (BSHZ) facility by the end of 2021, consolidating its manufacturing footprint into the Bridgestone (Shenyang) Tire Co., Ltd. (BSSY) plant.
Continue Reading![Galgo extends its “Extreme” winter tread line](https://www.tyrepress.com/wp-content/uploads/2021/12/PRE-Q-GALGO-Extreme-Line-Extension.png)
Galgo extends its “Extreme” winter tread line
Pre-Q Galgo Corporation has published details of its extension of the company’s Extreme tread line that includes the addition of 12 designs that were lab-tested down to 80 below and received Three-Peak Mountain Snow Flake (3PMSF) certification.
Continue Reading![NASCAR award for Goodyear motorsport chief](https://www.tyrepress.com/wp-content/uploads/2021/12/goodyear-nascar.jpg)
NASCAR award for Goodyear motorsport chief
US motorsport entity the National Association of Stock Car Auto Racing (NASCAR) has bestowed Goodyear’s Stu Grant its 2021 Buddy Shuman Award. The general manager for global race tyres at The Goodyear Tire & Rubber Company gained this accolade at the organisation’s annual awards celebration on Saturday.
Continue Reading![Goodyear’s Malaysian tyre plant under investigation](https://www.tyrepress.com/wp-content/uploads/2021/12/flag-g6b863aa00_1920.jpg)
Goodyear’s Malaysian tyre plant under investigation
Goodyear Tire & Rubber Cos Malaysian tyre factory has been under scrutiny for at least two years following questions relating to working conditions. At the end of November, US Department of Homeland Security officials interviewed local staff as part of investigations that “could lead to US prosecutions”, according to Reuters, which added Goodyear faces “related lawsuits and two ongoing investigations by regulators in Malaysia and the United States, each looking into potential exploitation of foreign workers.” In response to the investigation and related reporting, Goodyear issued the following statement: “Goodyear takes seriously any allegations of improper behaviour and is committed to ensuring that our business practices and those of our associates, our supply chain, and our vendors adhere to both our policies and all applicable legal requirements.”
Continue Reading![Pirelli extends tyre tech research partnership](https://www.tyrepress.com/wp-content/uploads/2021/12/pirelli-simulator-sml.jpg)
Pirelli extends tyre tech research partnership
A decade after the first agreement, Pirelli, Milan Polytechnic and Polytechnic Foundation have signed off a three-year continuation of their ‘Joint Labs’ programme, which centres upon research projects that advance tyre-related technological innovation.
Continue Reading![Falken opens new strategic warehouse in Germany](https://www.tyrepress.com/wp-content/uploads/2021/12/Falken.jpg)
Falken opens new strategic warehouse in Germany
On 10 November, Falken Tyres Europe formally opened a new 40,000 square metre logistics centre and warehouse at Gengenbach, Germany. The new facility can house 450,000 tyres and is strategically located close to the Derman/French border, making it ideal to service customers in both countries, as well as those in Switzerland. It will be run by logistics partner FIEGE and Falken will be its largest customer. 6,000 tyres arrive at the complex each day and are distributed to OE and aftermarket customers.
Continue Reading![Cabot commits to Paris Climate Agreement goals](https://www.tyrepress.com/wp-content/uploads/2021/12/Cabot-Corporation-sml.jpg)
Cabot commits to Paris Climate Agreement goals
Cabot Corporation has aligned its sustainability agenda with the Paris Climate Agreement to achieve net zero emissions by 2050. Announcing its commitment to the agreement today, Cabot says this decision demonstrates its “ongoing commitment to protect the planet and further the company’s robust sustainability journey.”
Continue Reading![New owner for Bridgestone (Huizhou) Synthetic Rubber](https://www.tyrepress.com/wp-content/uploads/2021/08/placeholder-sml.jpg)
New owner for Bridgestone (Huizhou) Synthetic Rubber
As of 1 December, Bridgestone Corporation has completed selling all shares in its Bridgestone (Huizhou) Synthetic Rubber Co., Ltd. subsidiary. The new owner of the business, which manufactures synthetic rubber for passenger car tyres, is Taiwan’s LCY Chemical Corporation. Bridgestone announced the planned sale on 15 June 2021.
Continue Reading![Bridgestone finalises Otraco acquisition](https://www.tyrepress.com/wp-content/uploads/2021/12/Otraco.jpg)
Bridgestone finalises Otraco acquisition
Otraco International is now part of Bridgestone Mining Solutions Australia. Bridgestone Corporation reports that after gaining regulatory approvals and satisfying other customary conditions, yesterday it completed the acquisition deal first announced in April. The OTR tyre management firm changed hands for AU$79 million (£42.4 million).
Continue Reading![Hankook Group takes majority share in Canadian optical MEMS specialist](https://www.tyrepress.com/wp-content/uploads/2021/09/Hankook_Tire_Technology_HANKOOK_TECHNODOME.jpg)
Hankook Group takes majority share in Canadian optical MEMS specialist
The Hankook Group has acquired a majority shareholding in Preciseley Microtechnology Corp, a global specialist in optical MEMS (micro-electromechanical solutions) systems. In making the acquisition, Hankook is seeking synergies with complementary technologies to generate new business and growth opportunities. The most immediately obvious of these is Preciseley Microtechnology’s optical automotive applications for 3D environment detection.
Continue Reading![Hankook promoting sustainability with hydrogen-powered Hyundai truck](https://www.tyrepress.com/wp-content/uploads/2021/12/20211130_Hyundai_FuelCell_01-scaled.jpg)
Hankook promoting sustainability with hydrogen-powered Hyundai truck
Hankook has collaborated with Hyundai and other partners on a new sustainability roadshow. A Hyundai XCIENT Fuel Cell fitted with Hankook SmartFlex AH31 and DH31 tyres is travelling around Germany until 8 December to promote ecologically optimised supply chains. Hankook’s partners in the event include H2 Green Power & Logistics GmbH, which is building an ecosystem for green hydrogen in the commercial vehicle sector, including company filling stations; and H2 MOBILITY Germany, the world’s largest hydrogen filling station operator, which operates 87 of the 91 public H2 stations in Germany alone.
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