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Prometeon sponsors Italy’s national football teams
Prometeon Tyre Group has signed an agreement with the Italian Football Federation (FIGC) to become the Official Tyre Partner of all Italian national football teams over a three-year period. The deal sees Prometeon partner with the men’s, women’s and junior teams for three years from 2024-2026.
Continue Reading![Cosmo Tires appoints Centeno’s Tire as Puerto Rico distributor](https://www.tyrepress.com/wp-content/uploads/2023/11/flags-726700_cropped.jpg)
Cosmo Tires appoints Centeno’s Tire as Puerto Rico distributor
Centeno’s Tire has become the exclusive distributor of Cosmo Tires distributor in Puerto Rico. To commemorate the partnership, Centenos Tire hosted national tire dealer convention on Sunday 18 November. The over 1000 participants invited include TGI president, Joaquin Gonzalez Jr.
Continue Reading![Pirelli P Zero tyres help Marciello to unique 2nd Macau GT victory](https://www.tyrepress.com/wp-content/uploads/2023/11/macau-02-scaled.jpg)
Pirelli P Zero tyres help Marciello to unique 2nd Macau GT victory
Pirelli’s return to the Macau GT event saw the tyre manufacturer support reigning GT World Challenge Europe champion Raffaele Marciello bringing his AMG-Mercedes career to an end with his second victory at the FIA GT World Cup. In doing so, he became the only driver to win the event twice, both times using Pirelli rubber. The 70th edition of the Macau GT took place on the same weekend Pirelli was supporting Formula 1 at the Las Vegas night race and the World Rally Championship’s closing round of 2023 at Rally Japan. The GT season continues at the Gulf 12 Hours in Abu Dhabi on 10 December: part of the 350 motorsport competitions that Pirelli contests each year.
Continue Reading![Heavy trailer sales outlook improves in Western Europe, but still down >9% in 2023](https://www.tyrepress.com/wp-content/uploads/2023/11/ivan-bandura-N_FDXbXwQmc-unsplash-scaled-e1700496884136.jpg)
Heavy trailer sales outlook improves in Western Europe, but still down >9% in 2023
The war in Ukraine and the cost of energy plus general price inflation have replaced covid-19 as the principal threats to growth in trailer demand. Inflation rose to 10 per cent but is now moderating. Interest rates however are still relatively high but not increasing. That’s the view of analysts at Clear International who have published their first report on the Western Europe heavy trailer market since May 2022.
Continue Reading![Orion S.A. opens second carbon black plant in China](https://www.tyrepress.com/wp-content/uploads/2023/11/Orion-New-China-Plant-2.jpg)
Orion S.A. opens second carbon black plant in China
Orion S.A. has celebrated the completion of its first greenfield project – a carbon black plant in eastern China that will supply fast-growing demand in Asia. The facility in the city of Huaibei in Anhui province will produce carbon black for a variety of applications, including rubber, polymers and fibres. The site’s two production lines have a total capacity of 70 kilotons per year.
Continue Reading![New names for Michelin tyres in Russia](https://www.tyrepress.com/wp-content/uploads/2023/11/Michelin-brands.jpg)
New names for Michelin tyres in Russia
Tyres produced in the former Michelin plant in Davydovo near Moscow will soon be known under different names. Russian automotive site autopotok.io reports that new owner, Power International Tires, will produce tyres under the Farlight and Selna brands.
Continue Reading![Werkstatt aktuell readers award Continental for ‘Best Tyre Service’](https://www.tyrepress.com/wp-content/uploads/2023/11/continental_pp_360services-scaled.jpg)
Werkstatt aktuell readers award Continental for ‘Best Tyre Service’
Continental has been named best tyre services provider by readers of German trade magazine Werkstatt aktuell. The Stuttgart-based publication surveyed readers to identify their favourite brands in the commercial vehicle service and aftersales sector from a choice of more than 120 brands in 21 categories.
Continue Reading![Goodyear: Dunlop investment continues, Fulda brand to remain in post-factory scenario](https://www.tyrepress.com/wp-content/uploads/2023/09/Dunlop-logo.jpg)
Goodyear: Dunlop investment continues, Fulda brand to remain in post-factory scenario
Goodyear may have announced plans to close its Fulda and Fürstenwalde car tyre factories in Germany, but the tyre maker has confirmed that the Fulda brand will continue. Similarly, just a day after Goodyear announced that it is “pursuing strategic options” in relation to the sale of the Dunlop tyre brand as well as the company’s OTR tyres and Chemical businesses, Goodyear EMEA executives have reaffirmed their support for the Dunlop brand.
Continue Reading![Vipal Rubber attends Yokohama franchise’s national conference in Australia](https://www.tyrepress.com/wp-content/uploads/2023/11/DV-RT5_ang4.jpg)
Vipal Rubber attends Yokohama franchise’s national conference in Australia
Vipal Rubber is participating in the Tyres & More National Conference in Cairns, Queensland, Australia. The tyre retreading supplier is presenting its growth trajectory over the last 50 years, reaching its current global scale, and its product portfolio. The host is Yokohamas retreading and repairs franchise in Australia, which has an extensive network of distributors in the retread tyres and services segment. Tyres & More’s network of distributors work in close collaboration with retreaders to sell retreaded tyres.
Continue Reading![Goodyear’s German factory closures will cost ~$600 million, save $120 million yearly by 2027](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Goodyear’s German factory closures will cost ~$600 million, save $120 million yearly by 2027
Goodyear has confirmed that ending tyre production at its Fulda and Fürstenwalde factories in Germany will be recorded as a charge of “between $575 million and $600 million”. Of that, $425 million to $450 million is “primarily for associate-related costs and other exit costs”. The remainder represents “non-cash charges of approximately $150 million” related to “…accelerated depreciation”.
Continue Reading![BASF approves Pyrum expansion loan](https://www.tyrepress.com/wp-content/uploads/2023/11/Euro-notes-sml.jpg)
BASF approves Pyrum expansion loan
In 2020, chemical company BASF invested 16 million euros in Pyrum Innovations as part of its ChemCycling project and since then has purchased Pyrum pyrolysis oil, feed this into its production network for the manufacture of Ccycled products. BASF looks forward to significantly increasing the quantities of pyrolysis oil it uses when Pyrum brings planned new facilities online – and is now supporting this plant rollout through the signing of a cooperation agreement, under which it will initially provide Pyrum with 25 million euros of financing.
Continue Reading![Pyrum announces further pyrolysis JV](https://www.tyrepress.com/wp-content/uploads/2023/11/German-flag.jpg)
Pyrum announces further pyrolysis JV
Recycling company Remondis Group recently signed a letter of intent with Pyrum Innovations. The partners intend to set up a plant for reclaiming raw materials from end-of-life tyres on a site in Bremen, Germany that’s owned by Weserport, a subsidiary of Remondis sister company Rhenus. This plant will be capable of recycling 20,000 tonnes of tyres annually.
Continue Reading![Ceat resumes production in Bhandup plant](https://www.tyrepress.com/wp-content/uploads/2023/11/Ceat-placeholder-2-scaled.jpg)
Ceat resumes production in Bhandup plant
The Maharashtra Pollution Control Board, the environmental regulatory body in India’s Maharashtra state, has permitted Ceat Ltd. to restart operations at its Bhandup plant. It issued directions to this effect on 13 November 2023; these allow the tyre maker to resume production in Bhandup provided it complies with “certain conditions”. Notifying the BSE and National Stock Exchange of India of this development, Ceat does not mention specific details of these conditions but confirms it is “taking necessary steps” to fulfil them.
Continue Reading![Goodyear to end tyre manufacturing in Fulda and Fürstenwalde](https://www.tyrepress.com/wp-content/uploads/2020/04/Goodyear-Werk-Fulda.jpg)
Goodyear to end tyre manufacturing in Fulda and Fürstenwalde
Following the publication of the company’s Goodyear Forward global cost reduction and business transformation strategy, Goodyear EMEA is proposing the closure of its Fulda and Fürstenwalde car tyre factories in Germany. The plans specifically involve the closure of the Fulda plant by the end of the third quarter of 2025 and “a gradual phase-out of all tyre manufacturing activities in Fürstenwalde by the end of 2027”. However, the mixing department in Fürstenwalde will continue its operations, “supplying compounds to tyre plants across Europe”.
Continue Reading![Jiangsu General renovates the Wuxi tyre factory’s TBR line](https://www.tyrepress.com/wp-content/uploads/2023/11/通用.jpg)
Jiangsu General renovates the Wuxi tyre factory’s TBR line
On 11 November, Jiangsu General announced it will invest 880 million yuan (approximately £98 million; €113 million) in renovating the all-steel radial tyre production line at its Wuxi plant. The renovation cycle is 18 months. After completion, Jiangsu General will increase its annual production capacity of 6 million semi-steel radial tyres.
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