Goodyear is Fortune’s most admired vehicle parts company
The Goodyear Tire & Rubber Company has been recognised as the world’s most admired motor vehicle parts company by Fortune magazine. The tyre maker rose from third place last year to top the current category list on the 2014 World’s Most Admired Companies list, and was ranked first within its category in five of the nine the key evaluated attributes: people management, use of assets, social responsibility, long-term investment and product/service quality. Goodyear’s overall score was 7.09. Michelin, the only other tyre maker named in the motor vehicle parts category, dropped two places since last year to number six and gained an overall score of 5.93.
Continue ReadingGoodyear plant evacuated following threat
US industry magazine Tire Review reports that workers at the Goodyear Tire & Rubber Co plant in Fayetteville, North Carolina were forced to evacuate the building early morning on Monday, 10 March. According to company officials, employees were evacuated at the plant around 2am after someone called in a threat. No one was injured, and […]
Continue ReadingSumitomo Chemical opens Singapore S-SBR plant
The new solution styrene-butadiene rubber (S-SBR) manufacturing facility built by Sumitomo Chemical subsidiary Sumitomo Chemical Asia Pte Ltd in Singapore officially opened on 7 March. The 40,000 ton per annum plant will primarily supply the tyre industry and complements the company’s existing 10,000 ton facility in Japan.
Continue ReadingFourth category added to Reifen Innovation Awards
Reifen show organiser Messe Essen reports that this year a fourth category is being added to the so-called ‘tyre industry oscars’, the Innovation Awards jointly bestowed by Messe Essen and main sponsor the BRV (Germany’s tyre trade and vulcanisers’ association) alongside the biennial trade exhibition. This new category is Motor Vehicle Service, which joins the existing Technology & Products, Service Concepts & Process Optimisation and Environmental & Resource Conservation awards in 2014. Messe Essen is accepting award recipient nominations until 31 March.
Continue ReadingNexen distances itself from Czech Republic plant rumours
Nexen Tire will soon make a decision on where to build its new plant in Eastern Europe, and several international news reports point to the Korean tyre maker choosing the Czech Republic. Yet Nexen denies having selected the country, or indeed any particular location, as its preferred site. Responding to news published by Czech News Agency and media questioning, an unnamed company official made clear what Nexen has already decided upon – and what it hasn’t.
Continue ReadingLinglong Thailand tyre factory up and running
Five weeks after its first high performance tyre was produced at the facility, Shandong Linglong Tyre Co. Ltd has inaugurated the initial phase of its ‘LLIT (Thailand) consumer tyre plant. The Chinese tyre maker’s first overseas project was opened on 22 February in the presence of approximately 500 guests from 180 countries. Upon the pressing of a ‘starting ball’ by Linglong Tyre president Wang Feng and six guests of honour, including Chinese ambassador to China Ning Fukui and Surender Singh Kandahari, president of the Al Dobowi Group, the production line stirred to life, marking the plant’s official entry into service.
Continue ReadingIndustry-regulated green tyre standard launched in China
Trials of a new specification standard for eco tyres began in China on 1 March, the China Rubber Industry Association (CRIA) reports. Standard number XXZB/LT-102-2014, which was originally proposed by the association, is the Chinese tyre industry’s first self-regulating green tyre standard and is based on the draft the CRIA opened for industry comment between 27 December and 20 January.
Continue ReadingBKT the official tyre of Monster Jam
Monster Jam, the US-based Monster Truck event tour, has signed BKT Tires on as its official and exclusive tyre sponsor. Through to 2018, BKT will have an on-site presence at Monster Jam events held in over 100 cities in North America, and will also go international with Monster Jam in the near future. As part of the deal, the off-road tyre specialist has designed and developed a purpose-made tyre, the BKT Monster Jam Tire, for fitment on the Monster Jam truck fleet.
Continue ReadingHundreds of jobs to go as Michelin cuts production at Canadian plant
Production and workforce numbers at Michelin’s Granton plant in Nova Scotia, Canada will decrease between now and July 2015, the tyre maker shares. On 3 March the company announced plans to reduce passenger car and light truck tyre output there in response to declining demand for small-size car tyres.
Continue ReadingStirred up for growth – Apollo Vredestein prepares for a greater European presence with new tandem mixer
Yesterday, Apollo Vredestein introduced an addition to its Enschede factory that will save energy and costs and at the same time enable the company to manufacture the products it plans to introduce in coming years. The new ‘Mixer 8’ tandem mixer was officially brought into operation by Apollo Tyres’ chairman Onkar Kanwar together with Drs Theo W. Rietkerk, who is responsible for economy, energy and innovation within the government of Overijssel Province in The Netherlands.
Continue ReadingApollo entering Qatar tyre market
Apollo Tyres has announced plans to enter the growing Qatar tyre market in the Middle East region. According to the company, the market entry was marked with a product introduction to the Business Partners in Qatar, in the presence of Indian Ambassador to Qatar, H E Shri Sanjeev Arora, late evening yesterday.
Continue ReadingLeading German retreader Ihle Group files for insolvency
The Ihle Group, headquartered in Günzburg (Bavaria) yesterday filed for bankruptcy at the local court in Neu-Ulm. Managing director Jürgen Eigenbrodt has since confirmed this with Tyres & Accessories’ German sister publication Neue Reifenzeitung (www.reifenpresse.de), adding that applications for all four companies in the group have been submitted to the court in Neu-Ulm, which has in turn placed the business in provisional insolvency administration.
Continue ReadingMichelin considering Iranian tyre market
Michelin is considering the option of resuming exports of its car and truck tyres to Iran after international sanctions are lifted. According to a report in the Wall Street Journal dated 11 February, Michelin was amongst 100 French company executives that visited Tehran in early February to assess the business opportunities.
Continue ReadingIndustry divided over Essen/Cologne as preferred tyre show site
The survey results weren’t quite as close as those for the referendum in Essen, Germany, where a “majority” of 50.4 per cent voted against renovations to the Messe Essen site. Yet there was also no clear majority in the survey held in Germany by our sister publication Neue Reifenzeitung, and only slightly more respondents voted in favour of a tyre exhibition in Cologne as opposed to Essen, where the Reifen show is currently held.
Continue ReadingPre-cure retreading a model for faster new tyre production
One industry veteran opines that certain aspects of the retreading process will one day become widespread within the tyre business as a whole. During his presentation on future tyre production principles and methods, given at the Tire Technology Expo 2014 conference on 11 February, one point Jacob Peled raised was that tyre production using the pre-cure method lends itself well to the manufacture of new tyres, and can save a manufacturer time while also avoiding the bottlenecks currently experienced.
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