![Tatneft applies for FAS approval to buy Nokian Tyres’s Russia business](https://www.tyrepress.com/wp-content/uploads/2022/10/Tatneft-scaled.jpg)
Tatneft applies for FAS approval to buy Nokian Tyres’s Russia business
Tatneft applied for Russian Federal Antimonopoly Service (FAS) approval for its plans to buy “a number of Russian subsidiaries of Finlands Nokian Tyres” on 14 December.
Continue Reading![Toyo Tire Serbia tyre factory opens](https://www.tyrepress.com/wp-content/uploads/2022/12/20221214_TSI開所式①_e(final).jpg)
Toyo Tire Serbia tyre factory opens
Toyo Tire Corporation opened its first tyre production facility in Europe on 14 December in the Municipality of Indjija, the Republic of Serbia. Production had partially started in July 2022 as the factory became operational with all equipment being installed. However, the official opening was attended by President Aleksandar Vučić of the Republic of Serbia and a number distinguished guests. The new factory is expected to reach its full capacity of approximately five million tyres per annum (based on tyres for passenger vehicles) during the second half of fiscal 2023.
Continue Reading![VMI defends IP against Safe-Run misappropriation](https://www.tyrepress.com/wp-content/uploads/2022/12/VMI-Retraxx-sml.jpg)
VMI defends IP against Safe-Run misappropriation
In three decisions made on 13 and 14 December 2022, the IP Tribunal of the Supreme People’s Court of China found in favour of VMI and against Safe-Run in litigation related to patent ownership disputes. VMI considers these decisions a victory “for all innovators everywhere.”
Continue Reading![Yokohama to supply more sustainable racing tyres to 2023 Super Formula races](https://www.tyrepress.com/wp-content/uploads/2022/12/ADVAN-racing-tires-dry-use-to-be-supplied-to-SUPER-FORMULA-races-from-2023-scaled.jpeg)
Yokohama to supply more sustainable racing tyres to 2023 Super Formula races
Yokohama will supply Advan racing tyres with 33 per cent sustainable material content as the control tyre for the Japanese Super Formula Championship from the 2023 season. The tyre supplier said work on the tyre for dry conditions is complete, while wet tyre development continues with a view to providing both to the series from next year. Yokohama says the tyres have demonstrated performance equivalent to that of the standard tyres used in Super Formula 2022 races.
Continue Reading![Debica lends Goodyear £18 million at nearly 8%](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Debica lends Goodyear £18 million at nearly 8%
The management board of Firma Oponiarska Dębica S.A. concluded a loan agreement with Goodyear S.A., Colmar-Berg, Luxembourg on 20 December 2022, under which Debica will grant Goodyear a loan worth 100 million Polish Zloty (£18.333 million; 21.338 million euros; US$27.676 million). The loan repayment date has been set at 19 December 2023.
Continue Reading![ETRMA names new secretary general](https://www.tyrepress.com/wp-content/uploads/2022/12/Joint-photo_ETRMA.png)
ETRMA names new secretary general
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has appointed Dr Adam McCarthy as secretary general, effective 1 January 2023. Franco Annunziato, president of the board of directors of ETRMA, said: “After 17 pioneering and successful years at the helm of our association, Fazilet Cinaralp will hand over her leadership responsibilities to Dr Adam McCarthy. On behalf of the board of directors, I would like to wholeheartedly thank Fazilet for her commitment, dedication, and direction from the very start of ETRMA in 2006. She steered the Association’s inception and, since then, has built it up to become the voice of the European Tyre and Rubber Industry.”
Continue Reading![Sentury CFO may face criminal penalties](https://www.tyrepress.com/wp-content/uploads/2022/12/sentury-e1671037034555.jpg)
Sentury CFO may face criminal penalties
On December 10, Sentury announced that the Public Security Bureau of Danzhou City, Hainan Province is investigating Xu Huashan, director and chief financial officer. The tyre manufacturer said the investigation relates to Xu Huashan’s work prior to her appointment at Sentury, and that it will not significantly or adversely impact Sentury’s daily business decisions and operations. It is reported that Sentury has arranged for director and general manager Lin Wenlong to perform the duties of the CFO.
Continue Reading![Will the future be better? Year-end summary of China’s tyre industry in 2022](https://www.tyrepress.com/wp-content/uploads/2022/12/signpost.jpg)
Will the future be better? Year-end summary of China’s tyre industry in 2022
At the end of 2022, China is gradually ending epidemic prevention and control, and the country’s tyre industry is keen to usher in the benefits. However, many professionals are still considering how to survive adversity during the same period, asking whether the future offers reasons for optimism. There is no doubt that we are at an important moment of historical change. With 2022 about to pass, Tyrepress China looks at the state of the business following a year of flux and crisis through the prism of ten key terms.
Continue Reading![Yokohama names Błażej Bębenista as commercial director Poland](https://www.tyrepress.com/wp-content/uploads/2022/12/Blazej-Bebenista-scaled-e1671035515607.jpg)
Yokohama names Błażej Bębenista as commercial director Poland
Błażej Bębenista has been named as the new commercial director of Yokohama CEE Sp. z o.o. based in Warsaw, Poland, effective 1 January 2023. Bębenista brings with him 11 years of experience in the tyre industry, including the retail manager/managing director position at Driver Polska; and motorsport manager Poland as well as other sales positions at major tyre manufacturers.
Continue Reading![Continental’s BestDrive tyre retailer opens first Dubai branch](https://www.tyrepress.com/wp-content/uploads/2022/12/image-3-scaled.jpg)
Continental’s BestDrive tyre retailer opens first Dubai branch
Continental Tyres has opened its first BestDrive tyre retail centre in Dubai at an opening ceremony in the Al Quoz district. The third branch to be opened in the UAE, following two openings in Abu Dhabi, BestDrive in Dubai will be managed by Emirates for Universal Tyres L.L.C. (EUT).
Continue Reading![Maxam Agrixtra tyre series approved by New Holland, Case IH Equipment in North America](https://www.tyrepress.com/wp-content/uploads/2022/12/Maxam-Tires_MS951R-85-e1670952589456.jpg)
Maxam Agrixtra tyre series approved by New Holland, Case IH Equipment in North America
Maxam has expanded its global original equipment supply commitment with the approval of the Agrixtra product line to select Case IH and New Holland brand equipment in North America. Maxam says the series has been helping it make inroads into the OEM supply sector since its launch almost a decade ago. Agrixtra tyres are building a reputation for performance in the value end of the global tyre market, assisted by the new deal with two leading global agricultural manufacturers.
Continue Reading![Rétromobile to celebrate centenary of Le Mans 24 Hours race](https://www.tyrepress.com/wp-content/uploads/2022/12/1974_cca_0431.jpg)
Rétromobile to celebrate centenary of Le Mans 24 Hours race
The 47th edition of Rétromobile, a leading international consumer event for vintage cars, bringing together more than 600 exhibitors, will kick off the festivities celebrating the centenary of the 24 Hours of Le Mans. This unprecedented display dedicated to French craftsman and manufacturers who have shone at Le Mans will be held in Pavilion 1 of Paris Expo Porte de Versailles from 1 to 5 February 2023.
Continue Reading![Kenda Tire Europe names Stephane Demarteau as key account manager](https://www.tyrepress.com/wp-content/uploads/2022/12/Stephane-color_web.jpg)
Kenda Tire Europe names Stephane Demarteau as key account manager
Kenda Tire Europe has appointed Stéphane Demarteau as Key Account Manager France & Benelux reporting to Henno Plaggenborg, director of Automotive Division, Europe.
Continue Reading![MatraX debuts at Automechanika Dubai 2022](https://www.tyrepress.com/wp-content/uploads/2022/12/MatraX-Automechnaika-Dubai-2022-02-scaled.jpg)
MatraX debuts at Automechanika Dubai 2022
Grupo Alves Bandeira’s MatraX Tyres brand experienced “an extremely productive” debut at Automechanika Dubai, according to the distributor. The expansive MatraX stand showcased the full MatraX range of PCR, high performance, SUV and 4x4 tyres. The MatraX Urcola, Veragua FX and Morucha patterns were featured on the stand, emphasising products suited to high-performance cars.
Continue Reading![Synthos welcomes USITC ruling on Czech Emulsion Styrene-Butadiene rubber](https://www.tyrepress.com/wp-content/uploads/2020/10/59_QWJzdHJhY3QgYmFja2dyb3VuZCB3aXRoIGVhcnRoLmpwZw-scaled-e1602237450291.jpg)
Synthos welcomes USITC ruling on Czech Emulsion Styrene-Butadiene rubber
On 8 December 2022, the United States International Trade Commission (USITC) determined that imports of emulsion styrene butadiene rubber (ESBR) from the Czech Republic were not sold in the United States at less than fair value (LTFV) and, consequently, no industry of the United States is materially injured or threatened with material injury from them.
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