![ZC Rubber offers IPO update, Thailand factory supports profit in 1H 2022](https://www.tyrepress.com/wp-content/uploads/2023/01/ZC-Rubber.png)
ZC Rubber offers IPO update, Thailand factory supports profit in 1H 2022
Hangzhou Zhongce Rubber Co. Ltd (ZC Rubber) recently issued an update on the progress of its initial public offering (IPO). According to the data, Zhongce Haichao (a company established by four local Hangzhou enterprises in 2019 in order to invest in ZC Rubber, namely Hangzhou Great Star Industrial Co., Ltd., Hangcha Group Co., Ltd., Juxing United Holding Group Co., Ltd., and Hangzhou Haichao Enterprise Management Partnership (Limited Partnership) holds 41.08 per cent of the tyre manufacturer’s shares and is the company’s controlling shareholder. Qiu Jianping and his daughter Qiu Fei hold 46.95 per cent of the shares and corresponding voting rights of ZC Rubber through Zhongce Haichao and several other companies and therefore control ZC Rubber.
Continue Reading![Giti A-grade rolling resistance tyres get Mercedes-Benz Actross OE fitment in China](https://www.tyrepress.com/wp-content/uploads/2023/01/Mercedes-Benz-Actros.png)
Giti A-grade rolling resistance tyres get Mercedes-Benz Actross OE fitment in China
Giti Tire has unveiled its first A-grade rolling resistance HGV tyres for the Chinese market with a new original equipment deal for the Mercedes-Benz Actros. The Giti GAR206 and Giti GDR207, in size 315/70R22.5, have been fitted at Daimler’s Beijing automobile plant since 23 September with the first deliveries reaching customers in November.
Continue Reading![Techking partnering with 6 Top-10 crane manufacturers](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Techking partnering with 6 Top-10 crane manufacturers
Construction sector media company KHL Group recently published the latest ICm20 listing of the world’s largest crane manufacturers in terms of US$ sales. Techking Tires points out that it partners with six of the top ten companies on this 2022 list.
Continue Reading![Methods, limits and technical requirements of professional tyre repair](https://www.tyrepress.com/wp-content/uploads/2023/01/ludwig-ketzer-scaled.jpg)
Methods, limits and technical requirements of professional tyre repair
Defective tyres do not have to be replaced immediately, if they are repaired professionally. In many cases, mid-life tyres can be repaired professionally and remain in safe use for a significant length of time. This helps to protect the environment and the car owners wallet, according to Ludwig Ketzer has been working at tyre repair specialist Rema Tip Top for almost 40 years. Ketzer and Rema Tip Top aim to ensure that tyres are used for as long as possible in order to avoid waste, CO2 emissions and raw material consumption. Here he explains common methods and limits of tyre repair and what workshops need to offer for professional tyre repair.
Continue Reading![Michelin trials Uptis with DHL Express](https://www.tyrepress.com/wp-content/uploads/2023/01/uptis-002-sml.jpg)
Michelin trials Uptis with DHL Express
Nearly 50 DHL Express vans will begin running on the Michelin Uptis airless tyre to make last-mile deliveries in Singapore by the end of 2023. The pilot programme begins with the first vehicles making delivery trips from 10 January.
Continue Reading![Repairify appoints new international product manager](https://www.tyrepress.com/wp-content/uploads/2023/01/thumbnail_Phil-Slater-FINAL-Inage-.jpg)
Repairify appoints new international product manager
Philip Slater has been appointed by Repairify as international product manager to expand its overseas markets and “enter new territories with its portfolio of advanced vehicle diagnostic and calibration technology”.
Continue Reading![Liu Yanhua named chairwoman of Sailun](https://www.tyrepress.com/wp-content/uploads/2023/01/Sailun-App.jpg)
Liu Yanhua named chairwoman of Sailun
On 30 December 2022, Sailun held a general meeting of shareholders to elect members of the sixth board of directors. Liu Yanhua was elected chairwoman of the tyre manufacturer, and Xie Xiaohong became president of Sailun. Liu Yanhua’s resume shows that she worked in two accounting firms before coming to Sailun. Prior to being elected as the chair, Liu Yanhua was the vice chairwoman, executive vice president and chief financial officer of Sailun.
Continue Reading![BFGoodrich sponsors Connacht rugby referee development programme](https://www.tyrepress.com/wp-content/uploads/2023/01/009-BFGoodrich-Connacht-Rugby.jpg)
BFGoodrich sponsors Connacht rugby referee development programme
BFGoodrich has signed a two-year sponsorship agreement with Connacht Rugby to drive the recruitment of referees, in the tyre brand’s first venture into team sports in Ireland. The first-ever corporate sponsorship for the provincial rugby team’s referee development programme sees the BFGoodrich logo emblazoned across the pink jerseys of more than 80 refs who officiate across the senior and junior leagues.
Continue Reading![Yokohama names new European marketing manager](https://www.tyrepress.com/wp-content/uploads/2023/01/YOKOHAMA_Gebaeude_Duesseldorf.jpg)
Yokohama names new European marketing manager
Yokohama Europe has appointed Tobias Kins as its new head of marketing. The new marketing manager has been working for the Düsseldorf-based Yokohama Europe for over six years and his most recent role was Head of Sales Division.
Continue Reading![Goodyear investing US$200 million in Cooper Kun Shan tyre factory](https://www.tyrepress.com/wp-content/uploads/2023/01/Cooper-Kun-Shan.png)
Goodyear investing US$200 million in Cooper Kun Shan tyre factory
Goodyear is investing US$200 million (about 1.37 billion yuan, £170 million, 190 million euros) in its Cooper Kun Shan tyre factory. Following the latest investment, the total investment of the Cooper Kun Shan plant is expected to reach $500 million (about 3.42 billion yuan, £410 million, 470 million euros).
Continue Reading![PTG investing to increase capacity in Egypt](https://www.tyrepress.com/wp-content/uploads/2020/10/tlo_biz83a-scaled-e1602237521703.jpg)
PTG investing to increase capacity in Egypt
Prometeon Tyre Group has shared details of the planned investment in its factory in Alexandria, Egypt. The tyre maker announced in 2022 that it would invest approximately 30 million euros to lift production capacity and to upgrade the plant’s technology. Post investment, the facility in Egypt will be capable of making 1.1 million tyres annually, with production of Pirelli Serie 02 tyres increasing.
Continue Reading![Avanade and Microsoft collaborate on Automotive, Fleet and OEM cybersecurity](https://www.tyrepress.com/wp-content/uploads/2023/01/JAN_3938-scaled.jpg)
Avanade and Microsoft collaborate on Automotive, Fleet and OEM cybersecurity
Bridgestone, Continental and any other tyremakers that suffered cyber-attacks during the last year or so may be interested to learn that, on 4 January 2023, Avanade announced the expansion of its 22-year relationship with Microsoft to help the automotive industry and OEMs protect against increasing cybersecurity threats using Microsoft Azure and Operational Technology (OT) cybersecurity tools and capabilities.
Continue Reading![Cheng Shin launching 40 million tyre capacity expansion in China](https://www.tyrepress.com/wp-content/uploads/2023/01/Cheng-Shin-India.jpg)
Cheng Shin launching 40 million tyre capacity expansion in China
Luo Yongli, deputy general manager of the company, recently told a briefing that he is optimistic about the operation of Cheng Shin in 2023. In the past, Cheng Shin has reportedly significantly reduced capital expenditures to combat adversity in the operating environment. But with the overall situation expected to improve, the tyre maker will start expanding production capacity, including launching a 40 million tyre capacity expansion plan at factories in mainland China.
Continue Reading![What 2022’s most popular tyre industry stories tell us about the future](https://www.tyrepress.com/wp-content/uploads/2023/01/aron-visuals-BXOXnQ26B7o-unsplash-scaled.jpg)
What 2022’s most popular tyre industry stories tell us about the future
Those that don’t learn from history are doomed to repeat it. The well-known saying might not be completely transferable to this column, but as we kick-start 2023 analysing the most popular stories on our Tyrepress.com website does help us understand what the major themes of last year were. And a closer look at those themes will reveal which issues are continuing into this year. January’s magazine focuses on the ever-resilient agricultural tyre sector (see Tyres & Accessories, January, page 36 onwards) as well as the latest developments in the TPMS and sensor technology segment (see page 20), but first let’s take a look at the biggest stories of 2022 as recorded online.
Continue Reading![Goodyear working to resolve US pension issues](https://www.tyrepress.com/wp-content/uploads/2023/01/US-Dollar.jpg)
Goodyear working to resolve US pension issues
Goodyear Tire & Rubber is working to ensure its former employees in the USA receive their company pensions following issues with some payments being made. According to the Akron Beacon Journal, a daily newspaper based in Goodyear’s hometown, pensions were due to be paid last Saturday. The publication quotes Doug Grassian, Goodyears director of global external and digital communications, as saying the company is working to fix the problem.
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