Trelleborg sponsors Machine of the Year Brasil awards for 11th time
For the 11th consecutive time, Trelleborg tyres is again the official sponsor of the Machine of Year Brasil 2024/2025 awards. The awards are presented for agricultural machinery excellence in six categories: harvesters, sprayers, planters, plough/leveller harrows, spreaders and mowers. Judged by industry specialists, agricultural Original Equipment Manufacturers (OEMs) from Brazil will compete for recognition as the best in their field with their latest generation of machines. Moreover, an award will be given to the “most voted brand” by people worldwide through the website machineoftheyear.net, from 20 March to 30 April 2024.
Continue ReadingNexen folds German and Italian tyre subsidiaries into Czech operation
Nexen Tire is consolidating its three European entities (that is Czech Republic manufacturing and sales operation as well as its German sales and marketing led business plus its Italian mainly sales and marketing subsidiary) into a single Czech corporation. Business Korea reports that this initiative aims to “streamline business operations by centralizing dispersed bases within Europe”. Tyrepress.com’s sister titles in Germany and Italy (reifenpresse.de and pneusnews.it) have sought clarification and comment from the respective Nexen subsidiaries.
Continue ReadingBridgestone aiding Burgos plans with high-capacity logistics centre
Bridgestone EMEA has officially opened a new “smart logistics facility” for tyre storage at its Burgos site in Spain. The more than 44,500 square metre ‘Tizona’ facility enables the company to store more than 800,000 tyres in one location. Billed as one of Bridgestone’s “most significant logistics centres in Europe” and the result of an investment exceeding 40 million euros, Tizona represents for the tyre maker a “large boost to the growth and development of its facilities in Burgos.”
Continue ReadingSBTi certifies SRI emissions targets
The Science Based Targets Initiative (SBTi) has granted Sumitomo Rubber Industries, Ltd. (SRI) certification for its greenhouse gas emission reduction targets for 2030, deeming these to be consistent with scientific evidence. For Scope 1 and Scope 2, SRI aims to reduce absolute emissions by 55%, compared with 2017 levels. SRI’s target for Scope 3 and Category 1 is to reduce absolute emissions by 25%, compared with 2021.
Continue ReadingThe Tire Cologne – larger in 2024, but missing some big names
Major industry trade fair The Tire Cologne is drawing near and will take place between 4 and 6 June. Following its debut in 2018 and first post-pandemic show in 2022, this third instalment promises to be a significant event for the tyre and wheel industry. Advance ticket sales for the three-day event have commenced and show organiser Koelnmesse has now published an exhibitor list online. Three of the world’s largest tyre makers don’t appear on it.
Continue ReadingHankook Tire gains CDP Carbon Management Sector Honors
CDP Carbon Management Sector Honors for Hankook Tire & Technology (Hankook Tire). The Carbon Disclosure Project (CDP) Korea Committee hosted its Climate Change and Water Security Awards on 13 March. Based upon the CDP Climate Change Response Project’s evaluation of more than 23,000 global companies, the Committee acknowledged Hankook Tire within the Consumer Discretionary awards category. The tyre maker achieved an A- rating in the evaluation, one of only 25 Korean companies achieving this distinction.
Continue ReadingDéjà vu – Shingo Aso returns to TBC Corporation
TBC Corporation, one of North America’s largest marketers of automotive replacement tyres through wholesale and franchise operations, has named Shingo Aso its Executive Vice President, Corporate Development. In this role, he will lead the corporate development initiatives, mergers and acquisitions, strategic alliances and new business development.
Continue ReadingTitan International completes plant upgrade
Completion of a major upgrade to its Des Moines facility in the USA gives Titan International greater plant capacity. The company invested US$2 million in the expansion project, which includes the addition of two new 104-inch curing tyre presses that will accommodate the recently expanded AgraEDGE tyre line.
Continue ReadingInterfit showcases material handling tyre services at LogiMAT 2024
The Yokohama TWS-owned Interfit industrial tyre service business, which describes itself as “the global leader for industrial tyre and wheel services”, has been showcasing its portfolio at LogiMAT at Germany’s Stuttgart Trade Fair Centre from March 19-21, 2024. The Interfit exhibit includes “complete custom tyre and wheel services tailored specifically for the logistics and material handling industries”. Indeed, Interfit reports that it offers everything from “fleet inspection and personalised tyre consultancy to complete wheel exchange services”.
Continue ReadingLight vehicle sales in India poised to reach record 4.9 million in 2024 – GlobalData
Indias light vehicles (LV) market is on the cusp of a record-breaking year, with a confluence of economic, political, and market factors aligning to drive growth. Robust economic expansion, the government’s fiscal stimulus, sustained demand for SUVs, and new model activity are expected to drive wholesales to a record-high of 4.9 million vehicles in 2024, forecasts data and analytics company GlobalData.
Continue ReadingNo reprieve for Michelin’s German plants
Michelin has dashed union and works council hopes of reversing the planned end of truck tyre production in Germany, with company management rejecting a more than 100-page document outlining alternative concepts for maintaining the plants. The IGBCE union and works councils presented the document to the tyre maker last month; according to the union, Michelin management rejected all proposals at the beginning of March.
Continue ReadingFirestone Liberia earns ISCC PLUS
On 12 March 2024, Bridgestone Americas (Bridgestone) announced that its Firestone Liberia natural rubber growing and processing facility has attained International Sustainability and Carbon Certification (ISCC) PLUS recognition. Firestone Liberia earned ISCC PLUS certification for its efforts in “reducing environmental impacts, utilizing resources efficiently and enhancing its capacity to adapt to, mitigate and build resilience to climate change”, according to the company.
Continue ReadingTP Tools Oy buys Formup 350 for tyre mould production
TP Tools OY, a family-owned business with more than three decades of expertise in tyre mould manufacturing, has bought an AddUp FormUp 350 Powder Bed Fusion machine in order to power-up its sipe-mould production capability. TP Tools’ decision to bring tyre sipe production in-house marks a significant shift aimed at reducing costs associated with outsourcing, according to the companies. By streamlining the manufacturing process, the company not only saves on expenses but also shortens lead times, enhancing overall operational efficiency.
Continue ReadingNew Yokohama Mexico factory to be built in Saltillo, Coahuila
The new consumer/light truck tyre plant Yokohama Rubber Co., Ltd. (YRC) intends to build in Mexico will be constructed at the Alianza Industrial Park in Saltillo, Coahuila. The details emerged after approval by the YRC board on 18 March.
Continue ReadingYokohama Rubber to set up plant in Mexico
The Yokohama Rubber Co., Ltd. has announced plans to strengthen its capacity for supplying tyres to the North American market by building a passenger car tyre factory in Mexico. The company intends to invest up to US$380 million to build a plant with an annual production capacity of 5 million tyres.
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