No wages for BBS employees – threat of insolvency
BBS Autotechnik GmbH may be the proud new owner of the Superior Industries plant in Werdohl, Germany, but the company is grappling with issues of its own. After been unable to market its wheels or generate revenue for many months due to a trademark dispute, it appears that the 240 employees at the BBS plant in Schiltach, also in Germany, have not received their wages for May and June. Local media sources report that the plant’s works council has issued an ultimatum to the management team and the new owner to pay the outstanding wages by tomorrow. Failure to do so may prompt another insolvency filing.
Continue Reading
Superior Industries’ Werdohl plant finds new owner
The Superior Industries wheel plant in Werdohl, Germany, now has a new investor, but the timeline for resuming alloy rim production remains uncertain. At the same time, the new owner faces other challenges that need resolution.
Continue Reading
Russia’s Cordiant working to reduce rubber import dependence
Tyre maker Cordiant has signed a letter of intent with major Russian polymer and rubber producer Sibur to replace natural rubber with synthetic isoprene rubber in the formulations of various types of tyres. Sibur explains that this joint initiative aims to develop the “technological sovereignty” in Russia’s transport industry by substituting imported natural rubber from Asia-Pacific countries.
Continue Reading
Orion installs tyre pyrolysis oil tanks at Polish plant
Specialty chemicals producer Orion S.A. is installing multiple tyre pyrolysis oil (TPO) tanks at its plant in Jaslo, Poland. The company states that this installation is its “latest move toward boosting production of circular carbon black.”
Continue Reading
Sustainability, new European-orientated factories and EV tyres
July’s edition of Tyres & Accessories magazine focuses on three points – our latest ranking of the leading tyre manufacturers in terms of turnover and accompanying analysis of key players in terms of share price and third-party brand valuation (see pages 14 to 21); headlines and interviews from the recent The Tire Cologne exhibition (see pages 26 to 41); and our scheduled mining and construction tyre feature (see page 48 onwards). While they are not intentionally related, the impact measured within the pages of our leading tyremakers table and accompanying analysis, echoes into the key themes and movements on-show at Tire Cologne. And that impact revolves around three themes: one philosophical, one strategic and one product-related, namely – sustainability, investment in factories and the development of electric vehicle ranges. Of course, these themes interrelate like the overlapping circles of a Venn diagram. But they also represent distinct themes in and of themselves. This article is an example of the editorial comment that introduces every edition of Tyres & Accessories magazine. Not a subscriber? No problem, click here to become one.
Continue Reading
Tomoyuki Okuno becomes president of Hangzhou Qiantang Yokohama
Following on from the news of the company’s 2-billion-yuan investment in a new passenger car tyre factory in China to serve the domestic market, The Yokohama Rubber Co. Ltd. also made a related personnel change.
Continue Reading
Aeolus celebrates 59 years and OTR tyre heritage
Marking a journey of 59 years since its establishment in 1965, Aeolus Tyres counts itself as an OTR pioneer in China. Indeed, Aeolus reports that it produced the countrys first bias giant OTR tubeless tyre (36.00-51) and currently has the capacity to product radial giant tyres with specifications that includes 27.00R49, 33.00R51, 46/90R57, 50/80R57 and 53/80R63.
Continue Reading
Yokohama investing ~2 billion yuan in Chinese car tyre factory
The Yokohama Rubber Co., Ltd., is planning to invest 1,960 million yuan (roughly ¥36.7 billion; £212.8 million; 250.5 million euros; $269.7 million) in the construction of a new passenger car tyre factory to serve domestic Chinese demand. Production at the new plant is scheduled to start in the second quarter of 2026. The new plant will be located in the Qiantang New District of Hangzhou City, Zhejiang Province, and will have an initial annual production capacity of 9 million tyres, with further expansion “to be considered in the future”.
Continue Reading
Nokian Tyres Romania “on-track for commercial production” in 2025
At the end of Nokian Tyres’s recent statement announcing the completion of its Dayton, Tennessee tyre factory, company representatives wrote: “Later this year, Nokian Tyres will open a new production facility in Oradea, Romania, with officials reporting “it will be the world’s first zero CO2 emission tyre factory.” To find out more about both the news that the Romania factory’s construction will be complete in 2024 and its status as “the world’s first zero CO2 emission tyre factory”, Tyres & Accessories got in touch which executives at the Finland-based company’s headquarters.
Continue Reading
Nokian and UPM partner in renewable carbon black tyre concept
Nokian Tyres and UPM, which produces biomaterials, are partnering to introduce what they say is “the first concept tyre made with a new renewable material with the potential to replace a significant part of the carbon black currently used in tyre production“.
Continue Reading
Neumáticos Andrés on ‘international expansion trajectory’
Neumáticos Andrés hosted a 100 square-metre space at this months The Tire Cologne event designed to project the companys powerful international expansion trajectory” and in order to meet face to face with customers, business partners and collaborators from all over the world, almost 10 years after its first appearance at an international event with its own stand.
Continue Reading
Demand overtaking supply: Triangle Europe’s contribution to the global picture
Triangle Tyre Europe introduced EffeX SUV and EffeX Winter tyres at The Tire Cologne, products that build on the growing portfolio of latest-generation tyres that are designed to defy expectations in the marketplace. Tyres & Accessories spoke with European general manager, Corrado Moglia, and UK sales director, Steve Eke, and learnt more about how demand is outstripping supply, indeed the international business of the European business plays a strategic role in the overall Triangle global operation, which arguably punches above its weight in the global context.
Continue Reading
Guizhou/Advance starts European company, TUV SUD TBR testing, car tyre range and talk of new tyre plant
Guizhou Tyre might not be the most familiar name in the business, but the Chinese tyre manufacturer – which is best known by its Advance and Samson brands – is working to change that with the establishment of a European organisation, TUV SUD testing its latest truck tyres, and there’s even talk of investment in a tyre factory outside China and car tyre production.
Continue Reading
GPSNR members agree sustainability assurance system
Members of the Global Platform for Sustainable Natural Rubber (GPSNR), who represent almost 60 per cent of that value chain, have agreed on an industry wide assurance system in an Extraordinary General Assembly held yesterday. Through this agreement, the natural rubber industry now has a standardized stage-by-stage process through which companies can commit to, implement and verify strong sustainability standards and practices in their operations.
Continue Reading
Trelleborg demonstrates tyre pressure importance at 2024 Field Day in China
Trelleborg Tires, together with CASE IH as technical partner, gathered 400 professional farmers and experts to witness the contribution of proper tyre pressure to the improvement of working efficiency and fuel savings. Meanwhile, Trelleborg Tires held its first farmer’s EDM Music Festival on the black-soil farming land with the topic of “on the same track” after field demonstrations.
Continue Reading
