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373 search results for: sailun

256

NTDA announces 2021 Tyre Industry Awards finalists

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The 2021 Tyre Industry Awards finalist shortlist has been published by the NTDA. The awards are due to be presented at a ceremony sponsored for the seventh consecutive year by Sailun Tyres, during the association’s 92nd Annual Dinner on Thursday 7 October at the International Convention Centre (ICC) Birmingham. The dinner is sponsored by long-standing NTDA supplier member, and Tyre Industry Awards supporter, Maritime Cargo Services, while the awards will be hosted, once again, by popular TV personality and Rugby Union pundit Mark Durden-Smith. The 2021 finalists include many former award winners, finalists, and some new nominees.

257

Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table

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While the world is still adjusting to the repercussions of the Covid-19 pandemic, there has been no small measure of disruption in the standings of the world’s leading tyre manufacturers, according to our latest top 25 table. Six of the top 10 have changed places this time round, with the headline news being that Michelin has regained pole position after several years of having Bridgestone in first place. At the same time, Continental has stepped up into third position, leapfrogging the previous incumbent Goodyear.

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258

Kirkby Tyres positioned for post-pandemic growth

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The growth of the construction and industrial sectors is currently faster than any other part of the private sector economy, says Kirkby Tyres, Speke-based distributor of OTR tyres. In order to support this growth, Kirkby adds that it is positioning itself to supply a comprehensive line-up of tyre patterns and applications to serve its customer base. While this growth is encouraging, wholesalers must contend with the unprecedented challenges currently affecting global supply chains, including long production lead times and increases in raw materials and shipping costs. Kirkby marketing director Michael Rosenthal tells Tyres & Accessories that these challenges are presenting a bottleneck to economic recovery. The wholesaler says it is working to reduce the impact of these challenges and support its customer base by replenishing its stockholding continuously and holding good stocks of the most common OTR tyre sizes.

259

2021 Tyre Industry Awards “will definitely go ahead”

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After hiatus last year, the NTDA’s Tyre Industry Awards will be back in 2021, according to the association’s chief executive Stefan Hay.
The Awards are scheduled to be presented to the winners at a ceremony sponsored by Sailun at the NTDA Annual Dinner, which is due to take place on the evening of Thursday 7 October 2021 at the ICC Birmingham, following the daytime Tyre Industry Conference sponsored by GB Tyres Ltd in association with Linglong Tire.

260

Goodyear to regain number 3 global PCLT tyre volumes ranking – Astutus Research

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With the addition of the Cooper Tire business, Goodyear will return to the global number three ranking in passenger car and light truck (PCLT) tyre volumes in 2021. After previously holding the clear number three ranking behind the world’s largest tyre manufacturers, Bridgestone and Michelin, Goodyear was joint third with Continental in both 2017 and 2018. In 2019, Goodyear fell behind Continental to fourth position in 2019 and 2020. Working on a pro forma basis combining original equipment and replacement market tyres, Astutus Research data reveals some interesting facts about the nascent conjoined organisation, with reference to their largest tyre business segment in terms of volume.

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261

Bumpy roads and leveraged buy-outs – reflections on the Goodyear/Cooper Tire integration

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Goodyear’s $2.5 billion-dollar acquisition of Cooper is the biggest tyre industry news story of 2021 so far (click here for detailed analysis of the deal itself). But takeovers – especially those this big – are seldom easy. A large portion of the motivation behind the acquisition is to bolster Goodyear’s position in the high-value 4×4 and SUV tyre segments. So, with this in mind, what kind of terrain is the deal likely to encounter as the two companies make their way towards integration?

262

Auto Bild summer tyre test: Hankook impresses in preliminary round

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We’ll have to wait another fortnight to learn the winner of this year’s Auto Bild summer tyre test, but the motoring magazine has let the names of the finalists out of the bag. Of the more than 50 tyre brands that Auto Bild looked at – this year in size 205/55 R16 91V – just 20 remain for further, more intensive testing following the qualifying round. Hankook’s candidate tops the shortlist after achieving the best stopping distances in both the wet and dry braking tests.

263

50+ Chinese tyremakers increase prices

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During January 2021 more than 50 domestic Chinese tyre businesses announced plans to increase prices. And, according to Robert Ho, marketing officer at Comforser Tire Co. Ltd., we can expect still further prices increases in February and March.

265

Industry-academic exchange: Linglong signs agreement with QUST

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A signing ceremony between Linglong Group and Qingdao University of Science and Technology (QUST) on 10 November paves the way for long-term cooperation between the two parties. So far Linglong has shared only a few details of the agreement, however it appears it covers training programmes as well as technological exchanges.

266

Entire Qingdao population being tested after Covid cases

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Qingdao, the major city at the heart of China’s Shandong ‘rubber’ province, has announced plans to test its entire population for coronavirus after 19 new cases were linked to a local hospital. This means all 9 million people living in Qingdao are scheduled to be tested during the five days following Sunday 11 October.

267

Kirkby supports continuity of industry with strong specialist tyre and wheel line-up

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While the challenges of the pandemic to the light vehicle markets are familiar due to the day-to-day experiences of people around Europe, commercial, industrial and agricultural markets experienced different levels of lockdown, as many companies in these sectors worked hard to reinforce supply chains. In the tyre wholesale sector, this meant distributors of products and services to these segments needed to stay strong to supply the rubber that kept countries rolling. Michael Rosenthal, marketing director of the UK and Ireland’s largest and most comprehensive distributor of off-highway tyre and wheel solutions, Kirkby Tyres, told Tyres & Accessories about the latest news from the Speke-based wholesaler.

268

Maxam Tire opens new solid tyre factory in Vietnam

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Speciality tyre manufacturer Maxam Tire has opened a new advanced and automated solid tyre production facility. It said the new facility represents “a major commitment to the speciality solid tyre segment.” Maxam added that the plant is “strategically aligned to better serve today’s market demands through compound advancement and automated technology.” Sources within the Sailun Group told Tyres & Accessories that the factory is located in Vietnam.

269

Shifts in leading tyre manufacturer rankings, 2015-2019

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Over the last five years of data collection for the Tyres & Accessories’ ranking of the leading tyre manufacturers, a few trends can be observed – see accompanying graphs for more details. Firstly, it is easy to see that there are a few separate groupings of rival companies within the top ten. In our first chart, we can see that Continental has continued to progress in narrowing the tyre sales gap with Goodyear, partially because Goodyear has yet to regain the level of sales achieved in 2015, despite improved results on its half-decade low in 2017. Tyrepress noted in 2018 that based on tyre volumes, Conti looked likely to overtake Goodyear in light vehicle (passenger car and light truck) tyre volumes, showing how it has gained ground on the previous ‘Big Three’. Regardless of their order, it has been appropriate to talk of a global Big Four tyre manufacturers for a few years.

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270

Pirelli, Hankook continue close rivalry in list of Leading Tyre Manufacturers

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Tyrepress has published its 2020 ranking of the world’s top tyre manufacturers. Our ranking lists the top 20 tyre makers ordered by turnover from tyres in the previous calendar year. For example, Continental turned over nearly 45 billion euros in 2019, but 26.4 per cent of this was from its tyre divisions, making it the fourth largest tyre manufacturer in the world with 11.7 billion euros. The ranking presents a baseline for discussing the relative positions of the largest global players in tyre production. In 2019, we noted that Bridgestone had opened up a gap at the top of our ranking, around 2.65 billion euros ahead of second-placed Michelin in tyre turnover. This year, the French giant has reduced this gap to just over half a billion euros, reflecting its most recent acquisitions.

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