![Alejandro Recasens joins Apollo Vredestein](https://www.tyrepress.com/wp-content/uploads/2020/06/Alejandro-Recasens-scaled.jpg)
Alejandro Recasens joins Apollo Vredestein
Alejandro Recasens has joined Apollo Vredestein as Cluster Director South-West, responsible for Spain, France, Italy and Portugal. Having had a successful career with Pirelli Tyres spanning two decades, Recasens is now spearheading Apollo Vredestein’s plans for growth in the markets of southwestern Europe.
Continue Reading![Fintyre initiates debt restructuring programme](https://www.tyrepress.com/wp-content/uploads/2020/06/Fintyre-2014.jpg)
Fintyre initiates debt restructuring programme
On 15 June 2020 Italian tyre distributor Fintyre filed an application for admission into a debt restructuring arrangement with creditors to preserve “business continuity and better safeguard the interests of its creditors and of all the subjects who, for various reasons, have relationships with Fintyre”, according to our Italian group publication PneusNews.it. Related businesses Franco Gomme and Tire Retail (Pneusmarket) are not part of the arrangement.
Continue Reading![Sentury Tire IPO approval ‘ensuring company’s advancement’ – Davanti](https://www.tyrepress.com/wp-content/uploads/2015/12/sentury_transfer-and-logistics-e1450358414402.jpg)
Sentury Tire IPO approval ‘ensuring company’s advancement’ – Davanti
Chinese manufacturer Qingdao Sentury Tire received approval for an initial public offering (IPO) on the Shenzhen Stock Exchange earlier in the month. The tyre maker is mainly known in the UK for supplying Landsail tyres through wholesaler Grouptyre, as well as being a manufacturing partner of Davanti Tyres. Tyres & Accessories asked Sean Maddocks, Davanti sales director for UK and Ireland, what the IPO would mean for its own relationship and growth plans.
Continue Reading![Maxxis re-appoints Dr Wally Chen as chairman](https://www.tyrepress.com/wp-content/uploads/2020/06/Chairman-Wally-Chen-3b.jpg)
Maxxis re-appoints Dr Wally Chen as chairman
Former Maxxis International president Dr Wally Chen is leaving retirement to assume the chairmanship of the company. Dr Chen, who oversaw Maxxis’ rise to the ranks of the world’s top 10 tyre companies, will assume the chairmanship effective immediately following a vote by the company’s board of directors at a recent meeting. He replaces former Maxxis/Cheng Shin chairman Robert Lo (pictured).
Continue Reading![eBay France partners with Feu Vert to fit tyres bought online](https://www.tyrepress.com/wp-content/uploads/2017/05/ebay-motors-1.jpg)
eBay France partners with Feu Vert to fit tyres bought online
eBay France has partnered with the 350-branch strong Feu Vert garage network to fit tyres purchased online. The development was hinted at last year’s Equip Auto show when the head of spare parts and accessories for cars and motorcycles in the French, Spanish and Italian markets, Francesco Faà di Bruno, announced that negotiations were underway. Now, Ebay has confirmed, the agreement is final.
Continue Reading![European car registrations plummet 52% in May](https://www.tyrepress.com/wp-content/uploads/2020/06/ACEA-May20.png)
European car registrations plummet 52% in May
European passenger car registrations plummeted 52.3 per cent during May, according to the latest ACEA figures. Although COVID-19 lockdown measures were eased in many countries last month, the number of new cars sold across the European Union fell from 1,217,259 units in May 2019 to 581,161 passenger cars in May of this year.
Continue ReadingCooper relocates Indiana regional distribution centre
Cooper Tire & Rubber Company will open a new 1 million square foot regional distribution centre in Whiteland, Indiana. The facility, minutes from the company’s current Franklin, Ind. warehouse, will replace the Franklin site with all employees expected to transition to the new location. The Whiteland facility is currently under construction and is expected to open in early 2021. Cooper adds that the new site will provide increased capacity for product storage and a modern design for enhanced efficiencies.
Continue ReadingCooper awards Roy V. Armes and Centennial Scholarships
Cooper Tire & Rubber Company reports that six recent high school graduates have been selected to receive scholarships to pursue higher education via its Roy V Armes and Centennial scholarship programme.
Continue Reading![Cimcorp separates tyre and warehousing sales teams](https://www.tyrepress.com/wp-content/uploads/2020/06/Cimcorp-Hakala-Veli-Matti-scaled-e1592287569935.jpg)
Cimcorp separates tyre and warehousing sales teams
Finnish automated equipment specialists Cimcorp has separated its tyre manufacturing and warehousing/distributions sales teams due to increased demand. The new structure of system sales at Cimcorp’s headquarters, which is effective from the beginning of June, is designed to “support the company’s growth and form the basis for…continuing development”.
Continue Reading![Green Distillation Technologies considering UK and other international markets](https://www.tyrepress.com/wp-content/uploads/2020/06/gdt6-603-1400.jpg)
Green Distillation Technologies considering UK and other international markets
Australian tyre recycler Green Distillation Technologies, which recycles tyres according to a kind of pyrolysis process, is considering expanding into the UK and other international markets. Expansion began with an agreement with a tyre collection business who are so confident in the Australian technology that they have increased their commitment to GDT from 10 tyre recycling facilities across the US to 15 with the construction of three key plants to commence as soon as the regulatory agreements and government approvals are obtained.
Continue Reading![Maxxis India resumes tyre manufacturing](https://www.tyrepress.com/wp-content/uploads/2020/06/Maxxis-India.jpg)
Maxxis India resumes tyre manufacturing
Maxxis India has announced a partial resumption of manufacturing operations at its Sanand, Gujarat factory albeit with reduced workforce numbers. Maxxis India had shut the operation on 23 March 2020 for a period of 42 days, following government calls for a complete lockdown in order to combat the coronavirus.
Continue Reading![Global natural rubber production to fall 4.7% in 2020](https://www.tyrepress.com/wp-content/uploads/import/thumbnail/article_medium/news__natural_rubber_172719806.jpg)
Global natural rubber production to fall 4.7% in 2020
The Association of Natural Rubber Producing Countries (ANRPC) has further scaled back its outlook on world production of natural rubber. As per the revised outlook, world production is expected to fall by 4.7 per cent to 13.130 million tonnes during 2020.
Continue Reading![Bridgestone listed in Euronext Vigeo World 120 ESG Investment Stock Index for 2nd straight year](https://www.tyrepress.com/wp-content/uploads/2020/06/Bridgestone.jpg)
Bridgestone listed in Euronext Vigeo World 120 ESG Investment Stock Index for 2nd straight year
Bridgestone Corporation has been selected for inclusion in the Euronext Vigeo World 120 index, a leading stock investment index focused on environmental, social, and governance (ESG) factors, for the second consecutive year.
Continue ReadingUS NTDRA executive Philip Friedlander Jr. dies
Philip P. “Phil” Friedlander Jr., retired executive vice president of the National Tire Dealers & Retreaders Association (NTDRA), died 2 June 2020, from Covid-19 having endured several life-threatening illnesses. He was 90.
Continue Reading![Cooper launches two Roadmaster van and local delivery tyres](https://www.tyrepress.com/wp-content/uploads/2020/06/RM257-RR.jpg)
Cooper launches two Roadmaster van and local delivery tyres
In the USA, Cooper Tire’s Roadmaster brand has bolstered its presence in the delivery and emergency vehicle segment with the introduction of two new tyres. The Roadmaster RM257 drive and Roadmaster RM170+ steer, both 19.5-inch tyres, will soon be available for order through Roadmaster dealers.
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