![Point S sponsors Women’s Handball World Championships](https://www.tyrepress.com/wp-content/uploads/2019/10/handball.png)
Point S sponsors Women’s Handball World Championships
Point S has decided to take their involvement in handball, a sport that shares the same values as the brand as far as team spirit is concerned, to the next level. Already heavily involved at a national and international level with the International Handball Federation, from 30 November Point S will be sponsoring the Womens Handball World Championship in Kumumoto, Japan.
Continue ReadingHella AGM approves dividend, elects Shareholder Committee and Supervisory Board
At the annual general meeting of Hella GmbH & Co. KGaA at the companys headquarters in Lippstadt, Germany, shareholders approved all proposals submitted. Around 600 shareholders and guests attended the fifth annual general meeting since flotation on the stock exchange and at the time of the vote, approximately 86 percent of the voting share capital was represented.
Continue ReadingBridgestone looking to increase capacity in South Africa
Bridgestone is considering increasing production capacity at its tyre factories in South Africa in order to gain market share in the country’s minibus taxi segment. It appears to be looking at investing around ZAR 300 million (£16.1 million) in its plants, a capex additional to the ZAR 400 million investment it is currently completing at the company’s main production site in Brits.
Continue ReadingTitan International sells Wheels India share
Titan International, Inc. has reduced its shareholding in steel wheel manufacturer Wheels India Limited. It sold, via a wholly-owned subsidiary, a 10.4 per cent stake in Wheels India on 3 October, thereby dropping its share in the company from 34.2 to 23.8 per cent. Titan International intends to use the net proceeds of approximately US$19 million received from the transaction to pay down outstanding indebtedness.
Continue ReadingTyrata: IntelliTread works in aircraft tyre lab tests
Tyre sensor developer Tyrata reports that it has demonstrated that its patented IntelliTread Internal Tread Sensor (ITS) measures aircraft tyre tread depth in a laboratory setting. Next, Tyrata plans to carry out additional durability and in-tyre sensor field tests.
Continue ReadingYokohama Rubber appoints two new associate officers
On 30 September Yokohama Rubber Co., Ltd., named two new associate officers. Tomoyuki Okuno becomes Associate Officer, Assistant to Head of Tire Production Div. Meanwhile, Anil Gupta becomes Associate Officer, COO of ATC Tires Private Limited, Vice Chairman of Yokohama India Private Limited. He was formerly COO of ATC Tires Private Limited.
Continue Reading![ETRMA publishes two reports on tyre particulate](https://www.tyrepress.com/wp-content/uploads/2019/10/etr5ma-report.png)
ETRMA publishes two reports on tyre particulate
In July 2018 the European Tyre and Rubber Manufacturers’ Association (ETRMA) initiated a multi-stakeholder roundtable, the European TRWP (Tyre and Road Wear Particles) Platform facilitated by CSR Europe to consult on the subject of tyre particulate. The Platform brought together representatives of the main organisations related to TRWP well as research institutes and EU policy makers. As the year-long collaboration has come to a conclusion, the platform has published two reports highlighting potential mitigation measures to reduce generation and transportation of TRWP as well as calling for additional research where knowledge gaps exist in an attempt to answer growing concerns about their environmental impact.
Continue ReadingArlanxeo reports increased sales of EPDM rubbers produced in Saudi Arabia
Arlanxeo reports that it has successfully ramped-up sales of EPDM (Ethylene Propylene Diene Monomer) rubber produced in the Kingdom of Saudi Arabia and marketed under the Keltan KSA brand name. Marketing and sales of the new EPDM grades are based on an agreement concluded between Arlanxeo and Saudi Aramco in 2018, while collaboration has been further enhanced by the take-over of full ownership of Arlanxeo by Saudi Aramco beginning of 2019.
Continue Reading![Kordsa welcomes Pirelli Supplier Award](https://www.tyrepress.com/wp-content/uploads/2019/10/Kordsa-Pirelli-Supplier-Awards-002.jpg)
Kordsa welcomes Pirelli Supplier Award
Kordsa recently received 2019 Pirelli Supplier Award. Having put sustainability at the heart of its activities since 2014, and seeing self-sustainability as the first step to sustainability, Kordsa requires its suppliers and business partners to operate in accordance with the principles in its Statement on Code of Business Ethics and assess their environmental and societal effects.
Continue Reading![Building a sustainable future](https://www.tyrepress.com/wp-content/uploads/2019/10/art-close-up-ecology-886521.jpg)
Building a sustainable future
This month we face the latest Brexit deadline. The deadline Prime Minister Boris Johnson said he would rather “die in a ditch” than overshoot. However, as we go to press no-one knows if we will Brexit on this date; and if we do, what kind of Brexit it will be. We reported how automotive manufacturers and their suppliers have made their feelings known en masse here, but the broader truth is that the details of the subject remain a great unknown. So, let’s look to the future and how more businesses what to make their future an ecologically sustainable one.
Continue Reading![Nynas “honoured” by Pirelli Supplier Award](https://www.tyrepress.com/wp-content/uploads/2019/09/ada04b056dde69bb_org.jpg)
Nynas “honoured” by Pirelli Supplier Award
Nynas representatives has said the company is “honoured” to have been named as one of nine suppliers selected from a global list of more than 10,000 to receive a Pirelli Supplier Award.
Continue Reading![Camfin gains right to buy up to 15% of Pirelli shares](https://www.tyrepress.com/wp-content/uploads/2019/09/5546_24-09-shareholder-structure-eng.jpg)
Camfin gains right to buy up to 15% of Pirelli shares
Pirelli shareholder Camfin now has the right to buy up to 15 per cent of Pirelli shares. The news came when Camfin announced on 26 September that it had underwritten “an additional financial instrument, maturing in September 2022, denominated ‘Call Spread’ with 8.9 million Pirelli shares underlying”. Call Spread’s shareholding equates to 0.89% of Pirelli’s share capital.
Continue Reading![Bridgestone supplying ‘solar car tyres’ to BWSC](https://www.tyrepress.com/wp-content/uploads/2019/09/Bridgestone-BWSC-tyres.jpg)
Bridgestone supplying ‘solar car tyres’ to BWSC
Bridgestone Corporation will supply solar car tyres to 32 teams participating in the 2019 Bridgestone World Solar Challenge (BWSC), for which Bridgestone is the naming rights sponsor. The narrow, wide diameter tyres utilise Bridgestone’s ‘Ecopia with ologic’ fuel-efficient tyre technology.
Continue Reading![The top 8 tyre comparison sites compared](https://www.tyrepress.com/wp-content/uploads/2019/09/WhatTyreScreenGrab.png)
The top 8 tyre comparison sites compared
We are all familiar with the likes of MoneySuperMarket, CompareTheMarket and Confused.com. Beginning with financial and insurance products, these sites set out to give consumers more choice and the ability to compare the prices. Owing to the fact that tyres are arguably more complex, the tyre industry has moved a bit slower when it comes to comparison. During the last year or so, however, tyre comparison has come of age. So, who are the main players, what are the differences and where did tyre comparison all begin?
Continue Reading![Pirelli awards recognize nine suppliers from around the world](https://www.tyrepress.com/wp-content/uploads/2019/09/IPP4819.jpg)
Pirelli awards recognize nine suppliers from around the world
Pirelli has given supplier awards to the top nine companies from its more than 10,000 suppliers at the global level. According to the company, the Pirelli Supplier Awards acknowledge companies that have “distinguished themselves by making Pirelli’s supply chain more sustainable, innovative and qualitatively excellent, thus contributing to making Pirelli’s products always more High Value, in line with the company’s strategy”.
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