Michelin obtains settlement in Tire Mart lawsuit
A settlement has been reached between Michelin North America Inc. and Tire Mart Inc. regarding alleged design patent infringements. Terms of the settlement, which centres on design patents for the BFGoodrich Mud Terrain T/A KM2, have not been disclosed.
Continue Reading![ETRMA members report stability for most segments in 2017](https://www.tyrepress.com/wp-content/uploads/2018/01/etrma-2017-table.jpg)
ETRMA members report stability for most segments in 2017
With the exception of agricultural tyres, sales of tyres produced by European Tyre and Rubber Manufacturers’ Association (ETRMA) members were generally stable in 2017. The ETRMA reports that its members sold 204,838,000 replacement market consumer tyres (passenger car, SUV and light commercial vehicle tyres) in 2017, 0.9 per cent fewer than a year earlier. Sales of original equipment consumer tyres (including in the Turkish market) were up during the year, increasing 0.7 per cent to 86,779,000 units in 2017.
Continue Reading![Automotive aftermarket forays into e-commerce to boost sales](https://www.tyrepress.com/wp-content/uploads/2018/01/my-notebook-1243617.jpg)
Automotive aftermarket forays into e-commerce to boost sales
The global e-commerce automotive aftermarket is largely consolidated with the presence of a few key companies that hold majority of the market share, according to report published in January by Transparency Market Research. This being the case, the automotive aftermarket’s forays into e-commerce are expected to boost sales in the years to come.
Continue ReadingTRM signs Shamrock to market Latitude retreading equipment in the US
Italian retread equipment manufacturer TRM has developed a new line of automated retreading equipment for the US market and signed an agreement with Shamrock Marketing, Inc. of Louisville Kentucky to be the authorized dealer. The new line, called “Latitude”, is built around a robotic style buffing machine that is designed to minimize process time, cut labour, and increase consistency in buff texture. The equipment line will be officially launched in March 2018 during the Mid-American-Truck-Show in Louisville, KY with live demonstrations at Shamrock’s facility.
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Transaid launches “biggest ever” cycle challenge
International development organisation Transaid has launched its biggest ever cycle challenge, inviting riders from across the industry to saddle up and take on an epic 972-mile journey from Land’s End to John O’Groats in 2019 – with options for teams of riders to share the challenge.
Continue ReadingApollo Tyres one of ‘best workplaces in manufacturing’
Great Place to Work Institute has identified Apollo Tyres, India’s leading tyre maker, as one of India’s Best Workplaces in Manufacturing – 2018. The company is ranked among the top 10 workplaces in the manufacturing segment in India. Apollo Tyres has been rated highly for its transparency in performance management process, especially the variable pay, and the employee development programmes.
Continue ReadingFineLine Technologies acquires Ferm RFID Solutions B.V.
FineLine Technologies has acquired Ferm RFID Solutions B.V., a Netherlands-based provider of RFID solutions for the automotive and aviation tyre industry. As part of FineLine’s strategy to meet the unique item identification needs of today’s global supply chains, this acquisition enables the business to offer a complete range of barcode and RFID enabled tyre labelling solutions to the automotive and aviation industries.
Continue ReadingRubberVulk named exclusive Vipal distributor for Portugal
Vipal rubber announces that RubberVulk, distributor of the Vipal range of retreading and tyre repair products in Spain, will now also serve as its exclusive distributor in Portugal. RubberVulk will supply the Portuguese market with a range of more than 3,000 products both directly and via online orders.
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Movin’On: First speakers for 2018 summit announced
Michelin has released an initial list of speakers who will take the stage at this year’s Movin’On sustainability mobility summit. The first ten leaders from the field of mobility to be named as speakers are:
Continue Reading![Vipal praises Select Tyres](https://www.tyrepress.com/wp-content/uploads/2018/01/photo2.jpg)
Vipal praises Select Tyres
Many companies in Europe are managing to reduce electricity costs in the tyre retreading process, bringing an even greater return to the business and the environment. One example is Select Tyres, located Chelmsford, which currently produces 800 tyres per month and distributes retreaded tyres throughout the UK.
Continue Reading![Hankook tyres for electrified bus fleet](https://www.tyrepress.com/wp-content/uploads/2018/01/hankook-jumbo-sml.jpg)
Hankook tyres for electrified bus fleet
Chinese bus fleet operator Guangzhou Jumbo Bus Co Ltd. intends to convert its entire fleet of LNG-powered buses to electric propulsion over the coming three years, and as it does so will exclusively shod its fleet with Hankook tyres. Jumbo Bus, which operates six city bus companies and a total of 4,500 buses, signed a memorandum of understanding with Hankook Tire this month covering the supply of tyres specifically developed for electric buses.
Continue ReadingKumho Tire creditors renew hunt for new owner
Creditors holding a 42.01 per cent share in Kumho Tire are going to look for a new owner – again. Some four months after Qingdao Doublestar Tires planned acquisition of the South Korean tyre maker collapsed, the Korea Development Bank (KDB) and the other creditors are said to be once more looking for an external investor.
Continue Reading![Smithers Rapra boosts tyre & wheel testing through China lab expansion](https://www.tyrepress.com/wp-content/uploads/2018/01/smithers-china-sml.jpg)
Smithers Rapra boosts tyre & wheel testing through China lab expansion
Through the installation of six new testing machines at its Tire and Wheel testing lab in Suzhou, China, rubber and plastics testing and consulting service provider Smithers Rapra has increased the facility’s ability to server tyre and wheel customers. The new equipment is said to boost capacity at the lab by 35 per cent and broadens its testing capabilities to include cleated tyre and wheel endurance testing, wheel impact, salt spray and tyre air permeation tests.
Continue ReadingUnivergomma reports significant sales growth in 2017
Univergomma Spa, the apparent number two in the Italian tyres replacement market, has reported significant sales improvement in 2017. The firm specifically reported a turnover figure north of 135 million euros. This figure includes international sales, with particular success reported in the Europe, Middle East and Africa (EMEA) region.
Continue Reading![Sri Lanka rubber sector aiming to become $3 billion a year industry by 2020](https://www.tyrepress.com/wp-content/uploads/2018/01/Sri_Lanka-Rubber_plantation_1.jpg)
Sri Lanka rubber sector aiming to become $3 billion a year industry by 2020
The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) celebrated its 31st Annual General Meeting (AGM) at Cinnamon Grand Colombo on the 16 January 2018. The association was inaugurated in 1985 in order to offer “comprehensive representation, advocacy and to champion to all manufacturers and exporters of rubber products in Sri Lanka”.
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