Plant closure – Bandag to consolidate European retreading
Retreading operations at the Bandag facility in Lanklaar, Belgium will cease in the coming months. In a statement issued today, Bandag Europe NV announced its intention to close the retreading plant, most likely in the first half of 2025. The company stresses that it has “no other option than to take structural measures” such as this in response to the “significant decrease” in the European retreading market over the past ten years, a trend that has resulted in production overcapacity and uncompetitive production costs.
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Hankook-owned Model Solution collaborates with Hycore on AI-based robotic mobility
Model Solution, which is a subsidiary of Hankook & Company Group, has signed a memorandum of understanding (MOU) with Hycore Co. Ltd., which specialises in AI mobility. The MOU focuses on prototyping and mass production of AI-based robotic mobility.
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Kordsa’s 2050 net-zero targets approved by SBTi
Tyre cord-maker Kordsa reports that by prioritizing emission management, the company has been making “steady progress toward its 2030 targets”. Now, Kordsa has received approval from the Science Based Targets initiative (SBTi) for its 2050 net-zero targets.
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Battle of the Scorpions: AutoBild compares the performance of Pirelli’s SUV tyres
As a kind of search for the best SUV tyre solution, AutoBild Allrad pitted seven models from the same manufacturer – in this case Pirelli – against each other. The test specifically compared 255/55 R19 products on dry and wet roads, including their respective aquaplaning safety as a separate sub-discipline, as well as in winter conditions, off-road use or in terms of their environmental properties. “There is no one tyre that can do everything,” was the final conclusion.
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Sell us your factory for one euro, German town tells Goodyear
Despite strong employee efforts to preserve Goodyears Fürstenwalde/Spree tyre production facility in Germany, its future now appears bleak, with closure looming. The plant, which employs around 750 workers, will gradually shut down by the end of 2027. Job cuts may begin as early as next year, although the mixing operation will remain at the Fürstenwalde site.
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Wholesaler Grupo Andrés begins inclusion employment programme
Grupo Andrés, a leading tyre distributor on the Iberian Peninsula, has launched the ‘Andrés Contigo’ programme, an employment inclusion project aimed at people with Down’s syndrome. This programme, developed under the methodology of supported employment, strengthens the company’s commitment to Corporate Social Responsibility (CSR) and the creation of more inclusive and diverse working environments.
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Aeolus expands giant tyre production capacity again
Aeolus recently decided to increase the production capacity of giant tyres again. The tyre manufacturer said it will invest about 1.464 billion yuan (about £160 million; €180 million) to add 20,000 giant engineering radial tyre production capacity. Through the new project, the tyre manufacturer is trying to “further optimise the product structure, seize the high-end market, and increase market share.”
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Shandong builds two tyre industry clusters, Peninsula and Lubei
The Shandong authorities have presented a 2024-2027 action plan designed to improve the productivity of the tyre industry in its jurisdiction. Tyrepress China found that Shandong Province is trying to build two tyre industry clusters, Peninsula and Lubei, accounting for more than 80 per cent of the province, with revenue of 60 billion yuan and 80 billion yuan, respectively.
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Continental to offer automated, continuous truck tyre tread depth measurement
Continental reports that it is offering automated continuous tread depth measurements for commercial vehicle tyres for the first time. This is made possible by a new generation of sensors and AI-based algorithms that automate tread depth checks and provide up-to-date data on upcoming services and tyre changes.
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Tyre repair ‘key to more environmentally friendly mobility’ – Rema Tip Top
With more than 300 million car, light commercial vehicle and truck tyres changed every year in Europe, a lot of potential savings for the environment and mobility costs untapped. According to Rema Tip Top, professional solutions for the repair and retreading of passenger car and truck tyres as well as industrial, agricultural and off-the-road vehicles, will reduce costs and raw material consumption and therefore increase sustainability.
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New tyre plant for Russia’s far east
Russia’s government is supporting the construction of a new tyre plant in the east of the country. The Russian Far East and Arctic Development Corporation has entered into an agreement with Vladivostok-based limited liability company Vlad-Garant to set up a tyre manufacturing facility in Primorsky Krai, a region bordering both China and North Korea. According to the Corporation, the car tyre plant project will attract investments totalling 10 billion roubles (£84.0 million) and create 134 new jobs in the region. It anticipates that the plant will be operational by 2027.
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Shipping industry warned about tyre exports, TRA welcomes EA guidance
At the end of 2023, India’s Automotive Tyre Manufacturers’ Association (ATMA) released a report which stated that India imported approximately 800,000 tonnes of end-of-life tyres (ELT) between April and November 2023. The UK and EU member nations being the primary contributors. The UK was identified as one of the leading exporters of ELTs to India, supplying as much as 30 per cent of their import market. On 3 September, the EA clarified its position on the illegal export of ELTs to India for pyrolysis. Any waste export must be accompanied by a fully completed Annex VII. In response, the Tyre Recovery Association (TRA) welcomed the EA’s statement of responsibilities and particularly the fact that it explicitly states that any waste export must be accompanied by a fully completed Annex VII.
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Marubeni extends ELT pyrolysis activities with Thailand investment
Japanese general trading company Marubeni Corporation has announced its investment in Thailand-based waste tyre pyrolysis recycler Green Rubber Energy Company Limited (GRE). By investing in this venture, Marubeni intends to establish a tyre recycling supply chain in Thailand that encompasses the collection of end-of-life tyres and the production and sale of recycled materials such as recovered carbon black and tyre pyrolysis oil. Marubeni has not disclosed the size of its investment in GRE.
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IPO for India’s Tolin Tyres
Today is the third and final day of the initial public offering for Tolins Tyres Ltd., a Kerala, India-based manufacturer of on- and off-highway tyres and tread rubber. According to information supplied by stock exchange BSE, the company is offering up to Rs 2,300 million (£20.9 million) worth of shares, including a fresh issue worth Rs 2,000 million and an offer for sale of up to Rs 300 million by the selling shareholders.
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Radar Tyres launches run-flat, bulletproof 4×4 tyres in South Africa
At the end of August, Radar Tyres hosted a dealer event in Krugersdorp, South Africa, titled Mission: African Terrain, where the company unveiled its Renegade AT Sport and Project SafeDrive line-ups. The latter includes key run-flat sizes and a bulletproof tyre range named “Radar Renegade Ultra”. The Krugersdorp event attracted over 150 attendees including key dealers from South Africa and Zimbabwe.
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