![ETRMA: Truck tyre replacement sales up 9 per cent](https://www.tyrepress.com/wp-content/uploads/2019/01/ETRMA.png)
ETRMA: Truck tyre replacement sales up 9 per cent
The latest ETRMA data shows that the performance of the industry is generally stable and followed expectations, with a very positive evolution for truck tyre replacement (+9 per cent). Agricultural tyre sales performed poorly for the fifth year in a row (-4 per cent). As for the last quarter of 2018, all tyre segments showed […]
Continue Reading![Michelin buys Indonesian tyre manufacturer Multistrada](https://www.tyrepress.com/wp-content/uploads/import/IndonesiaFlag_151762715.jpg)
Michelin buys Indonesian tyre manufacturer Multistrada
Michelin has agreed to buy 80 per cent of PT Multistrada Arah Sarana TBK, the Indonesia-based tyre manufacturer. With a production capacity of more than 180 thousand tons (which equates to 11 million passenger car tyres, 9 million two-wheel tyres and 250 thousand truck tyres), Multistrada generated net sales of US$281 million in 2017.
Continue ReadingCDP scores Brembo ‘A’ for both climate change and water security
Brembo has been highlighted as a global leader in corporate sustainability by environmental impact non-profit CDP, achieving a place on the CDP A List for both climate change and water security - two out of three environmental themes covered by CDP scores.
Continue ReadingIRSG: World rubber demand to rise 2.5% in 2019
Global demand for rubber is expected to rise about 2.5 per cent in 2019 to more than 30 million metric tonnes, according to the International Rubber Study Group (IRSG).
Continue Reading![Ma Qing Hua continues as reserve driver for NIO Formula E Team](https://www.tyrepress.com/wp-content/uploads/2019/01/ma-Qing-Hua.jpg)
Ma Qing Hua continues as reserve driver for NIO Formula E Team
ABB FIA Formula E Championship team NIO has announced Chinese driver Ma Qing Hua will continue as the squad’s official reserve driver for Season 5. The 30-year-old from Shanghai will again be an integral part of NIO throughout the current campaign, which began in Saudi Arabia on Saturday, 15 December 2018.
Continue ReadingSmithers opening new test lab in China
Smithers Rapra is opening a new product testing laboratory in Suzhou, China. The 4,000 square foot facility provides air leak and burst, cleanliness, material properties, salt spray, and pressure, vibration, and temperature (PVT) testing. According to Smithers, the new lab will support the evolving automotive market in China with fluid transfer system expertise, combining with Smithers’ existing labs in Akron, Ohio; Lansing, Michigan; and Shawbury, UK to support global clients.
Continue ReadingLeaseplan: EV growth encouraging, but UK contribution small
Commenting on Deloitte’s recent research suggesting strong growth in the electric vehicle market, Steve Jones, Strategy and Transformation Director at LeasePlan UK, said: “Although this new report is extremely promising, the UK’s contribution to this global number is likely to be minimal.
Continue Reading![21 million more electric vehicles expected worldwide by 2030](https://www.tyrepress.com/wp-content/uploads/2019/01/alternative-auto-automobile-110844.jpg)
21 million more electric vehicles expected worldwide by 2030
Deloitte’s latest electric vehicle (EV) research shows the pace of global EV adoption, rising from two million units in 2018, to four million in 2020, 12 million in 2025, before rising to 21 million in 2030. By 2030, Battery Electric Vehicles (BEVs) will significantly outperform the rest of the EV market, accounting for 70 per cent of total EV sales.
Continue ReadingPirelli recognised as Climate Change leader
Pirelli & C. SpA has been recognized as a global leader in corporate climate action by CDP (formerly Carbon Disclosure Project), achieving a place on the CDP Climate Change A list. An international non-profit organization, CDP gathers, distributes and promotes information on environmental questions. The A rating is the highest possible score awarded to a company.
Continue ReadingRonal breaks ground on new tool shop in Härkingen
The Ronal Group is building a new toolmaking shop at the site of the group’s headquarters in Härkingen (Switzerland). The groundbreaking ceremony for the project was held on 14 January, while construction is due to begin in February 2019.
Continue Reading![Bridgestone buying Tomtom Telematics for 910 million euros](https://www.tyrepress.com/wp-content/uploads/2019/01/BSTomTom.jpg)
Bridgestone buying Tomtom Telematics for 910 million euros
Bridgestone Europe NV/SA, the Europe Middle East and Africa (EMEA) subsidiary of Bridgestone Corporation, has entered into an agreement with TomTom to acquire its telematics business for a cash consideration of 910 million euros. Michelin had also been named as a suitor for the business when the news that TomTom Telematics was for sale emerged in November 2018.
Continue ReadingSaudi Arabia investing US$2 billion in solar/carbon black complex
Saudi Arabia is planning to develop a $2 billion solar and carbon black integrated complex in partnership with China’s Longi and South Korea’s OCI, according to various news reports from the area.
Continue ReadingChina establishing rubber Free Trade Zone in Sri Lanka
China has begun establishing a rubber Free Trade Zone (FTZ) in Sri Lanka. The arrangement will help promote the country’s rubber industry and boost sector earnings. In return, China is asking for long-term access to lands and tax concessions, according to various media reports.
Continue ReadingFalken OE on Subaru Crosstrek Hybrid
Sumitomo Rubber reports that it has begun supplying Falken Ziex ZE001 A/S tyres to Subaru for its Crosstrek Hybrid model in the USA. This plug-in SUV model goes on sale in America this winter.
Continue ReadingRonal enters anniversary year
The Ronal Group is celebrating its 50th birthday this year. This special anniversary is being celebrated at all sites around the world with different actions. The 8,000 and more employees who are passionately involved and play a significant part in the company’s success lie at the heart of all activities.
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