![USA: Tyre makers’ association forecasts 4.1% rise in shipments](https://www.tyrepress.com/wp-content/uploads/2021/01/820_earth_glob.jpg)
USA: Tyre makers’ association forecasts 4.1% rise in shipments
The trade association representing manufacturers producing tyres in the USA, the U.S. Tire Manufacturers Association (USTMA), projects that its members will ship a total of 315.7 million tyres this year, compared to 303.2 million units in 2020 and 332.7 million units in 2019. This projected 4.1 per cent year-on-year increase in unit tyre shipments continues a positive trend seen in recent months – the USTMA reports that its members’ actual USA tyre shipments in 2020 turned out to be 4.9 million units, or 1.6 per cent, higher than the projected annual total it announced last November.
Continue Reading![Iochope-Maxion cruising the Startup Autobahn](https://www.tyrepress.com/wp-content/uploads/2021/03/Maxion-Partnership_Startup-Autobahn.jpg)
Iochope-Maxion cruising the Startup Autobahn
Wheel and automotive structural components manufacturer Iochpe-Maxion has entered into a strategic partnership with Stuttgart-based global innovation platform Startup Autobahn. Founding members of Startup Autobahn welcomed Iochpe-Maxion and other new partners to the ever-growing network during EXPO 9, a virtual event held on 25 February.
Continue Reading![Toyo Tires partnering again with European Athletics Indoor Championships](https://www.tyrepress.com/wp-content/uploads/2021/03/toyo-torun.jpg)
Toyo Tires partnering again with European Athletics Indoor Championships
Some 600 athletes from across Europe are heading to Toruń, Poland for the European Athletics Indoor Championships 2021, which will take place between 5 and 7 March. Toyo Tires returns as an official partner, continuing the relationship that began at the event held in Berlin three years ago.
Continue Reading![Cooking up better tyre pyrolysis oil compounds](https://www.tyrepress.com/wp-content/uploads/2021/03/appetizer-1846083_1920.jpg)
Cooking up better tyre pyrolysis oil compounds
“Wastes to energy: Improving the poor properties of waste tire pyrolysis oil with waste cooking oil methyl ester and waste fusel alcohol – A detailed assessment on the combustion, emission, and performance characteristics of a CI engine”, published in the journal Energy on 22 January 2021; and “Thermodynamic comparison of pyrolysis and gasification of waste tyres”, which was published in the Journal of Environment Chemical Engineering on 30 January 2021 complete our recent review of the latest peer-reviewed pyrolysis research.
Continue Reading![Linglong Tire achieves all-time record share price](https://www.tyrepress.com/wp-content/uploads/2021/02/Linglong.png)
Linglong Tire achieves all-time record share price
Shandong Linglong Tyre Company’s share price reached a record high of 53.80 yuan on 10 February 2021 just before the Chinese New Year. The price drew back in the days afterwards, but the peak represents an all-time high for Linglong that is over 40 per cent higher than the company’s previous record of 38.18, which was set on 22 July 2016.
Continue Reading![Cooper Tire: More than 430,000 tyres recalled in USA](https://www.tyrepress.com/wp-content/uploads/2021/02/discoverer.jpg)
Cooper Tire: More than 430,000 tyres recalled in USA
The US government’s National Highway Traffic Safety Administration (NHTSA) has announced another recall of tyres produced by Cooper Tire & Rubber. This recall potentially relates to more than 430,000 4x4 and SUV tyres in the sizes 275/65R18 and 275/55R20.
Continue Reading![Get fit with Manchester City & Nexen](https://www.tyrepress.com/wp-content/uploads/2021/02/Nexen-Man-City-fit.jpg)
Get fit with Manchester City & Nexen
Manchester City F.C. and Nexen Tire have announced a new virtual fitness challenge, Nexen Road to Man City. This free virtual race officially begins on 22 April 2021 and encourages participants of any age or fitness level to exercise and adopt a healthier lifestyle by getting outside and being active over a 45-day period.
Continue Reading![Spike in tyre pyrolysis investment backed by flurry of related scientific research](https://www.tyrepress.com/wp-content/uploads/2020/07/elt-stacks-scaled.jpeg)
Spike in tyre pyrolysis investment backed by flurry of related scientific research
We have all witnessed the recent spike in interest in tyre pyrolysis-related recycling during the last year or so. The concepts themselves are not new, so what is behind renewed interest and confidence in such projects? As well as an uptick in investment in tyre pyrolysis plants, the last few months have also seen the publication of a flurry of peer-reviewed research papers into different aspects of waste tyre pyrolysis. As part of this year’s annual Tyre Recycling feature, we took a look at the three most recent papers in order to find out more.
Continue Reading![North American recall for Continental, Cooper tyre lines](https://www.tyrepress.com/wp-content/uploads/2021/01/generic01.jpg)
North American recall for Continental, Cooper tyre lines
Continental Tire the Americas is recalling more than 90,000 Continental, General Tire and Barum tyres in North America that have been over-cured and are thus at risk of developing breakages in the sidewall area. A separate recall of approximately 12,000 Cooper and Mastercraft tyres in North America is taking place due to a possible low tread gauge in the tyres’ shoulder slot area which could cause tread separation and sidewall failure.
Continue Reading![Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic](https://www.tyrepress.com/wp-content/uploads/2021/02/dollar-17527_1920.jpg)
Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic
The day after Goodyear announced that it is buying Cooper Tire for north of $2.5 billion, Fitch Ratings affirmed its Long-Term Issuer Default Ratings of The Goodyear Tire & Rubber Company (GT) and its Goodyear Europe B.V. (GEBV). Fitch also affirmed its ratings on a number of specific funding lines. Both moves can be interpreted as partially affirming the Goodyear Cooper acquisition’s strategic logic – something that was described as compelling by the senior executives of both companies.
Continue Reading![Goodyear and Cooper shares up 30% after takeover news](https://www.tyrepress.com/wp-content/uploads/2021/02/CTB.png)
Goodyear and Cooper shares up 30% after takeover news
Goodyears takeover of Cooper Tire has been positively received by the stock markets, with Cooper’s share price jumping 31.8 per cent from 43.81 before the news was announced to $57.75 two days later. Goodyear‘s share price also swelled, up 28.9 per cent from $13.52 beforehand to $17.43 48 hours after the takeover news was released.
Continue Reading![Akebono Brake Industry admits up to 20 years of ‘inappropriate conduct’ relating to OE reporting](https://www.tyrepress.com/wp-content/uploads/2021/02/auto-repair-1954643-scaled.jpg)
Akebono Brake Industry admits up to 20 years of ‘inappropriate conduct’ relating to OE reporting
Akebono Brake Industry Co., Ltd., the well-known Japanese brake manufacturer, has admitted “inappropriate conduct” relating to periodic inspection reports destined for Original Equipment Manufacturers (OEMs) dating back to January 2001.
Continue Reading![Research: Retreads offer hyperelastic tyre characteristics](https://www.tyrepress.com/wp-content/uploads/2021/02/pexels-ivan-188679_cropped-scaled.jpg)
Research: Retreads offer hyperelastic tyre characteristics
Does the hyper-elasticity of retreaded tyres impact their behavioural quality? Uday Gudsoorkar and Rupa Bindu, two researchers working within the department of mechanical engineering at the Dr DY Patil Institute of Technology in Pune, India sought to answer this question and more by using computer-aided finite element analysis. Their paper “Computer simulation of hyper elastic re-treaded tire rubber with ABAQUS”, which was published in November 2020 in Materials Today: Proceedings used a combination of qualitative and quantitative methodologies to measures forces across the tread belt in a compute simulation. These virtual samples were then compared with laboratory examples. According to the paper, the researchers’ findings are “promising to predict the behaviour of re-treaded tyre rubber” and can be “used to improve the product [retreaded truck tyres] and its utility in small tyre re-treaders, customers and policymakers.”
Continue Reading![Michelin tyres to be 100% sustainable by 2050](https://www.tyrepress.com/wp-content/uploads/2021/02/vision1-scaled-e1614083595248.jpg)
Michelin tyres to be 100% sustainable by 2050
When Michelin launched its e.Primacy range in mid-November 2020, the French tyre manufacturer did so in the context of a goal to make all Michelin tyre 100 per cent sustainable by 2050. So how does Michelin plan to achieve this? One answer is the company’s expanding partnership with Scandinavian Enviro Systems (Enviro), details of which were recently released (see separate article). But there are other parts of this plan.
Continue Reading![Vredestein: Made in India, for India](https://www.tyrepress.com/wp-content/uploads/2021/02/vredestein-sidewall-sml.jpg)
Vredestein: Made in India, for India
Dutch tyre brand Vredestein is coming to India. During an investor call this month, parent company Apollo Tyres confirmed that Vredestein products are being manufactured in this market and will be introduced locally during the first quarter of 2021.
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