![Nokian and UPM partner in renewable carbon black tyre concept](https://www.tyrepress.com/wp-content/uploads/2024/06/Nokian-Green-Step-Ligna.jpg)
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’](https://www.tyrepress.com/wp-content/uploads/2024/06/IMG_0126-scaled.jpg)
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](https://www.tyrepress.com/wp-content/uploads/2024/06/IMG_0046_edited-scaled.jpg)
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](https://www.tyrepress.com/wp-content/uploads/2024/06/IMG_0061-scaled.jpg)
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](https://www.tyrepress.com/wp-content/uploads/2024/06/unnamed.jpg)
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](https://www.tyrepress.com/wp-content/uploads/2024/06/Trelleborg-Tires_China_2024-Field-Day.png)
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![Nokian Tyres completes Dayton, US factory ramp-up](https://www.tyrepress.com/wp-content/uploads/2024/06/Nokian-Dayton.jpg)
Nokian Tyres completes Dayton, US factory ramp-up
Nokian Tyres has opened a new finished goods warehouse in Dayton, Tennessee, marking the completion of a ramp-up process at the company’s US production facility.
Continue Reading![Michelin: X Crane tyres take Kavanagh hire fleet to new heights](https://www.tyrepress.com/wp-content/uploads/2024/06/322-01-Michelin-Kavanagh-Crane-Hire-scaled.jpg)
Michelin: X Crane tyres take Kavanagh hire fleet to new heights
Kavanagh Crane Hire has taken delivery of three new Liebherr mobile crane units all specified on Michelin X Crane + tyres. The business – which operates the largest crane fleet in Ireland – has been buying Michelins since it was established back in 1973 and now specifies all new vehicles exclusively on the manufacturer’s premium fitments.
Continue Reading![World’s largest tyremakers 2024: Stable “balance of power” and ambitious manufacturers](https://www.tyrepress.com/wp-content/uploads/2024/06/Leading-tyremakers-preview.jpg)
World’s largest tyremakers 2024: Stable “balance of power” and ambitious manufacturers
Our latest “worlds largest tyremakers data based on the key figures for the 2023 financial year sheds light on several developments that have recently characterised the tyre market. On the one hand, there is the development of sales, which have at best moved sideways for many manufacturers compared to 2022. On the other hand, there is also the development in terms of ranking: here it is clear that companies from China are increasingly operating on an equal footing with the long-established manufacturers from Europe, America and Japan and now even have a new number 10 in the race with the Sailun Group. However, it is also clear that our ranking shows a stable balance of power overall.
Continue Reading![Continental completes Hefei tyre plant phase 4](https://www.tyrepress.com/wp-content/uploads/2024/06/Continental-1.jpg)
Continental completes Hefei tyre plant phase 4
Continental’s Hefei plant held a completion ceremony for the project’s fourth phase. It was revealed that the plant is expected to achieve total planned production in 2027. In other words, the plant plans to achieve an annual production capacity of 18 million semi-steel radial tyres in 2027.
Continue Reading![China’s top listed tyremakers in 2023: a large gap between the upper and lower echelons](https://www.tyrepress.com/wp-content/uploads/2024/06/list-company.jpg)
China’s top listed tyremakers in 2023: a large gap between the upper and lower echelons
2023 was a good year for many Chinese tyre manufacturers. Especially for listed tyre companies, benefiting from overseas markets and production capacity advantages, they can cope with market competition more calmly. Several Chinese tyre manufacturers report that they are undergoing IPOs in the past year, but no company has completed the main board listing. Therefore, the number of tyre companies analysed this time remains at 10, namely Sailun, Linglong, Triangle, Huayi (Double Coin), Aeolus, and Jiangsu General on the Shanghai Stock Exchange; Guizhou Tyre, Sentury and Doublestar on the Shenzhen Stock Exchange; and Prinx Chengshan on the Hong Kong Stock Exchange.
Continue Reading![Enso to build US$500 million carbon-neutral US tyre factory](https://www.tyrepress.com/wp-content/uploads/2024/06/0-ENSO-Exterior-1-Credit_-Courtesy-of-Arup-and-ENSO-scaled.jpg)
Enso to build US$500 million carbon-neutral US tyre factory
Enso reports that it has signed a Letter of Interest (LOI) with the Export-Import Bank of the United States (U.S. EXIM Bank) to establish a groundbreaking carbon-neutral tyre factory in America. The move is being made in conjunction with Rockwell, Arup and US-based investors 8090 Industries as well as Galway Sustainable Capital.
Continue Reading![Doublestar reduces the registered capital of the Guangrao company](https://www.tyrepress.com/wp-content/uploads/2024/06/Doublestar.jpg)
Doublestar reduces the registered capital of the Guangrao company
Doublestar reduced the registered capital of Guangrao Jixing, a wholly owned subsidiary, on the grounds of “strategic optimisation and adjustment”. Information released by the tyre manufacturer shows that the registered capital of Guangrao Jixing has been reduced from 609 million yuan to 205 million yuan.
Continue Reading![Rising shipping costs may have affected China’s tyre exports](https://www.tyrepress.com/wp-content/uploads/2024/06/big-dodzy-tBRpPhRc3k0-unsplash.jpg)
Rising shipping costs may have affected China’s tyre exports
The May export data released by the customs showed that China exported 56.38 million tyres in May, a year-on-year increase of 4.8 per cent; the total value reached 13.05 billion yuan (about £1.42 billion; €1.68 billion), an increase of 2.1 per cent. The growth rate of both figures compared to last year’s period was less than 5 per cent, which is relatively rare in recent years. In particular, the total export value of tyres, which has been proliferating year-on-year in the past few years, has rarely seen such a low growth data of 2.1 per cent.
Continue Reading![MESNAC builds factories in Vietnam and Cambodia](https://www.tyrepress.com/wp-content/uploads/2024/06/MESNAC.jpg)
MESNAC builds factories in Vietnam and Cambodia
MESNAC has announced plans to invest in factories in Vietnam and Cambodia. The company’s board of directors has approved two investment plans. The investment in the Vietnam factory amounts to 107 million yuan, and the construction period is about 18 months. The total investment in the Cambodian factory is 27.97 million yuan, and the construction period is 14 months.
Continue Reading