![Pyrum Innovations reports higher revenues for Q1 2024 while dipping deeper into the red](https://www.tyrepress.com/wp-content/uploads/2024/07/Pyrum-Q1-2024-cover.jpg)
Pyrum Innovations reports higher revenues for Q1 2024 while dipping deeper into the red
End-of-life tyre recycler Pyrum Innovations AG has published its Q1 2024 interim consolidated report. Sales revenues in the first three months of 2024 amounted to €336,000, around 54 per cent higher than the same period last year. The company also reports that expansion of its main plant in Dillingen, Germany is progressing as planned.
Continue Reading![Tyres, training & sports equipment – Bridgestone’s contribution to Paris 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/bridgestone-paris2024-roadsafety-sml.jpg)
Tyres, training & sports equipment – Bridgestone’s contribution to Paris 2024
As a Worldwide Olympic and Paralympic Partner, Bridgestone Corporation says it is committed to supporting and enhancing the experience for athletes, staff, fans, and visitors at the Olympic and Paralympic Games Paris 2024. The company is thus set to contribute a variety of tyres, services, and performance products in Paris.
Continue Reading![Kenda drops STARCO name](https://www.tyrepress.com/wp-content/uploads/2024/07/Starco-logo-sml.jpg)
Kenda drops STARCO name
The business first founded in 1961 as Scandinavian Tyre And Rim Company – STARCO for short – is now officially known as Kenda Europe Specialty. In June 2024, almost seven years after acquiring the Danish firm, the Kenda Group fully incorporated STARCO into Kenda Europe as a specialty business unit.
Continue Reading![Sustainability, new European-orientated factories and EV tyres](https://www.tyrepress.com/wp-content/uploads/2024/07/appolinary-kalashnikova-WYGhTLym344-unsplash-scaled.jpg)
Sustainability, new European-orientated factories and EV tyres
July’s edition of Tyres & Accessories magazine focuses on three points – our latest ranking of the leading tyre manufacturers in terms of turnover and accompanying analysis of key players in terms of share price and third-party brand valuation (see pages 14 to 21); headlines and interviews from the recent The Tire Cologne exhibition (see pages 26 to 41); and our scheduled mining and construction tyre feature (see page 48 onwards). While they are not intentionally related, the impact measured within the pages of our leading tyremakers table and accompanying analysis, echoes into the key themes and movements on-show at Tire Cologne. And that impact revolves around three themes: one philosophical, one strategic and one product-related, namely – sustainability, investment in factories and the development of electric vehicle ranges. Of course, these themes interrelate like the overlapping circles of a Venn diagram. But they also represent distinct themes in and of themselves. This article is an example of the editorial comment that introduces every edition of Tyres & Accessories magazine. Not a subscriber? No problem, click here to become one.
Continue Reading![Tomoyuki Okuno becomes president of Hangzhou Qiantang Yokohama](https://www.tyrepress.com/wp-content/uploads/2024/05/Yoko-CN.png)
Tomoyuki Okuno becomes president of Hangzhou Qiantang Yokohama
Following on from the news of the company’s 2-billion-yuan investment in a new passenger car tyre factory in China to serve the domestic market, The Yokohama Rubber Co. Ltd. also made a related personnel change.
Continue Reading![SRI partners to improve tyre wear resistance](https://www.tyrepress.com/wp-content/uploads/2024/07/SRI_CREST_ENG.png)
SRI partners to improve tyre wear resistance
In collaboration with several partners, Sumitomo Rubber Industries, Ltd. has achieved a further breakthrough in tyre technology. SRI teamed up with experts from institutes within Japan to develop a new synchrotron radiation technique that can measure the motion of atoms, molecules, and nanostructures within an extremely short timeframe, including down to 1 nanosecond. With this advancement, the Falken brand manufacturer anticipates enhancing its tyres’ strength and wear resistance.
Continue Reading![ZF Annotate uses AI to develop ADAS](https://www.tyrepress.com/wp-content/uploads/2024/07/1_ZF-Annotate-1.png)
ZF Annotate uses AI to develop ADAS
At the ZF Global Technology Day in Hanover, Germany on 27 June 2024, the group presented its ZF Annotate artificial intelligence (AI) development system. Precise sensor data is essential for the development of advanced assistance systems in vehicles. This data must be processed digitally correctly so that the vehicle always receives the absolute truth – known in the industry as ground truth – to calculate and implement a driving function based on it. Comparing the collected sensor information with a reliable and high-precision reference sensor set increases accuracy. And that’s where ZF Annotate comes in.
Continue Reading![Structural, management changes at Toyo Tires](https://www.tyrepress.com/wp-content/uploads/2023/08/toyo-placeholder.jpg)
Structural, management changes at Toyo Tires
Toyo Tire Corporation has announced changes to its organisational structure as well as key personnel appointments. All take effect 1 July 2024.
Continue Reading![Michelin debuts Cosmos for more efficient agri tyre production](https://www.tyrepress.com/wp-content/uploads/2024/07/Michelin-Troyes-sml.jpg)
Michelin debuts Cosmos for more efficient agri tyre production
Cosmos is the name Michelin has given to a new machine now operating at its Troyes plant in France. The tyre maker is using Cosmos in its agricultural tyre production and says that the machine, which takes into account factors such as size, weight and material technology, is “more efficient and more ergonomic” than prior technologies.
Continue Reading![Aeolus celebrates 59 years and OTR tyre heritage](https://www.tyrepress.com/wp-content/uploads/2024/07/Aeolus-OTR.jpg)
Aeolus celebrates 59 years and OTR tyre heritage
Marking a journey of 59 years since its establishment in 1965, Aeolus Tyres counts itself as an OTR pioneer in China. Indeed, Aeolus reports that it produced the countrys first bias giant OTR tubeless tyre (36.00-51) and currently has the capacity to product radial giant tyres with specifications that includes 27.00R49, 33.00R51, 46/90R57, 50/80R57 and 53/80R63.
Continue Reading![Egemen Atış heading SAM for Continental’s EMEA replacement tyre business](https://www.tyrepress.com/wp-content/uploads/2024/07/continental_pp_egemen_atis-sml.jpg)
Egemen Atış heading SAM for Continental’s EMEA replacement tyre business
From today, Egemen Atış assumes the role of Head of Strategy, Analysis, and Marketing (SAM) for Continentals Europe, Middle East, and Africa (EMEA) tyre replacement business. His new responsibilities encompass Product Management, Marketing Communications, Public Relations, eBusiness, Business Analytics, Pricing, and Strategy & Business Development.
Continue Reading![Yokohama investing ~2 billion yuan in Chinese car tyre factory](https://www.tyrepress.com/wp-content/uploads/2024/07/chinese-flag-1752046_1920.jpg)
Yokohama investing ~2 billion yuan in Chinese car tyre factory
The Yokohama Rubber Co., Ltd., is planning to invest 1,960 million yuan (roughly ¥36.7 billion; £212.8 million; 250.5 million euros; $269.7 million) in the construction of a new passenger car tyre factory to serve domestic Chinese demand. Production at the new plant is scheduled to start in the second quarter of 2026. The new plant will be located in the Qiantang New District of Hangzhou City, Zhejiang Province, and will have an initial annual production capacity of 9 million tyres, with further expansion “to be considered in the future”.
Continue Reading![Olaf Schick takes on CFO remit at Continental](https://www.tyrepress.com/wp-content/uploads/2024/07/olaf_schick-sml.jpg)
Olaf Schick takes on CFO remit at Continental
At its meeting on 27 June, the Supervisory Board of Continental AG appointed Olaf Schick as the companys new chief financial officer. Schick begins in this role today and will oversee Group Finance and Controlling, while maintaining responsibility for Group Law and Intellectual Property, Group Compliance, Group Internal Audit, Group Quality Management, and Group Risks and Controls. A further change sees chief executive officer Nikolai Setzer take charge of Group Information Technology.
Continue Reading![Firestone debuts winter truck tyre line-up](https://www.tyrepress.com/wp-content/uploads/2024/07/firestoneroadhawkwinter-hero.png)
Firestone debuts winter truck tyre line-up
A first from Firestone – the brand has launched a winter truck tyre range and will begin rolling out products this month. Comprising the Firestone Roadhawk Winter Drive and Firestone Roadhawk Winter Steer, the line-up targets small to large European fleets seeking year-round reliability and reduced ownership costs.
Continue Reading![Goodyear expanding UltraGrip Performance 3 SKUs throughout 2024](https://www.tyrepress.com/wp-content/uploads/2024/07/beautyshot-goodyear-ugp3-tireandcar-02-sml.jpg)
Goodyear expanding UltraGrip Performance 3 SKUs throughout 2024
Goodyear has unveiled plans to extend its UltraGrip Performance 3 winter range throughout 2024. During the year, the tyre maker will introduce more than 40 new SKUs to the market. Many of these additions are already available, and Goodyear says this significant expansion will not only enhance its market presence in the winter tyre segment but also reflects its focus upon the segment.
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