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16184 search results for: eco tyres

3901

The re-glocalisation of the tyre market

On first glance, the ownership dispute between Pirelli and Sinochem, the impact of US tariffs on the share prices of premium tyre manufacturers, Bridgestone’s job cuts in Spain, and Apollo Tyres’ decision to shutter its Enschede, Netherlands factory might not appear connected. However, all of them took place in the last month (April 2025) and reflect overlapping trends – geopolitical tensions, macroeconomic pressures, and competitive disruptions – that are reshaping the industry’s landscape. More broadly, some have described the present business era as the end of globalisation. However, looking at the same subject through the prism of the global tyre business suggests we could be witnessing a re-ordering of global powers or even a re-globalisation of the tyre market.

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3902

Michelin investing 60 million euros in France composite plant

Michelin reports that it is waking the 5-HMF giant via its investment in a world-first demonstrator unit producing the molecule. For those without a background in chemistry, 5-Hydroxymethylfurfural (5-HMF) is a bio-based, non-toxic molecule with a very low carbon footprint that is derived from fructose and advanced fructose. Applications include brake pads, other automotive parts and fuels as well as numerous demanding non-automotive applications such as aeronautics, construction, space and defence.

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3903

NTAW remains NZ Dunlop distributor – loses Australia rights

In January, Goodyear’s businesses in Australia and New Zealand notified subsidiaries of tyre importer and distributor NTAW Holdings Limited that it was terminating distribution agreements for Dunlop tyres in both countries. Following the signing of several agreements on 8 May 2025, NTAW continues as Dunlop distributor in New Zealand but will relinquish this role in Australia.

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3904

Boda Tyre invests in Tanzania two-wheel tyre factory

During the Guangrao Tyre Exhibition, Tyres & Accessories learned that Boda Tyre recently invested in a motorcycle tyre manufacturing base in Tanzania. Boda Tyre, which is based in Guangrao County, Shandong Province, mainly produces 12-inch to 14-inch car tyres. In 2023, the tyre manufacturer invested in the Furibo in Tanzania, with an annual production capacity of 3 million motorcycle tyres that got underway in October 2024. Company representatives told T&A that the company also has a vision for car tyre production in Tanzania, but those plans are at a relatively early stage.

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3905

Yokohama confirms $35 million Romania OTR ‘production capacity’ purchase

The Yokohama Rubber Co. Ltd. has formally announced that on 22 May 2025 it acquired “the fixed assets (land, building, and OTR tire production machinery) of a closed plant located in Romania” through its off-highway tyre (OHT) subsidiary Yokohama TWS Romania S.R.L. Although the acquired business is not mentioned by name in Yokohama’s official statement, the Mehedinți County location is the same as the Euro Tyres operation we have repeatedly linked with acquisition by Yokohama.

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3906

Tyre News in Numbers May 2025

Tyres & Accessories’ monthly News in Numbers column identifies the most important statistics of the month, giving you a quick snapshot of some major industry stories. Below, we look at the numbers, big and small, that made the news in the May 2025 magazine. Click the embedded links to read more on each article.... 13 - Questions for Defra and the Environment Agency raised by a Westminster Hall debate on used tyre exports on 29 April, as the UK government prepares its latest approach to the end-of-life tyre market and building a circular economy...

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3907

Remember This? May 2025

Our monthly magazine column looks back at the biggest news events from the tyre industry five, 10, 15 and 20 years ago. The May 2025 edition looks back to May issues from 2004, 2009, 2014, and 2019 for some of the biggest tyre industry news of those months. Click the month and year to access the digital edition of the relevant issue of the magazine from Tyres & Accessories’ expanding digital archive.

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3908

Pirelli partners Luna Rossa for America’s Cup

Pirelli has announced a new partnership with Luna Rossa ahead of the 38th edition of the America’s Cup. The tyre manufacturer, previously co-title sponsor since 2018, has become official sponsor and technical partner for the new campaign, with Pirelli supporting the development of technological solutions. Pirelli and Luna Rossa are already working together in a range of technical fields, such as virtualisation and artificial intelligence.

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3909

ZC Rubber raising £510 million, discloses 2024 operating data

According to ZC Rubber’s prospectus, the tyre manufacturer headquartered in Hangzhou, Zhejiang, says it ready to raise 4.85 billion yuan (about £510 million; €600 million) for five projects in an IPO on the Shanghai stock exchange.

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3910

Kumho Tire suspends production after major blaze at Gwangju, Korea plant

Kumho Tire is currently investigating the circumstances of the fire at its plant in Gwangju, South Korea. In a stock exchange statement, the company says it is working to minimise losses “through prompt accident recovery.” The fire that broke out on Saturday is reportedly now largely contained and is expected to be completely extinguished today.

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3911

From tyre to tyre – Enviro extends Michelin collaboration

A collaboration between Michelin and Scandinavian Enviro Systems (Enviro) will see recycled raw materials from end-of-life racing tyres go into the production of new tyres, including race tyres. Enviro uses a pyrolysis procedure to extract carbon black, oil and other materials from used tyres, and since the start of the year has trialled the recycling of Michelin’s racing tyres at its facility in Åsensbruk, Sweden. It aims to gradually introduce the recycling of Michelin's racing tires during 2026.

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3912

JK Tyre debuts India’s 1st ISCC Plus car tyre

JK Tyre & Industries Ltd. has commenced production of its ‘UX Royale Green’ passenger car tyres at its plant in Chennai, India, and by doing so achieved a domestic market first. What makes the JK Tyre UX Royale Green special is that it represents a first for Indian tyre making thanks to its manufacture from ISCC Plus certified sustainable raw materials.

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3913

Necessity is the mother of invention – Chinese tyremakers changing tack in face of tariff storms

Tens of thousands of visitors, as many exhibitors as ever, and most of the best-known names in China plus some of the world’s largest tyremakers in the world were all represented at the opening of the 2025 Guangrao Tyre Exhibition – officially known as China (Guangrao) International Rubber Tire & Auto Accessory Exhibition. The event has not only grown in scale, but also in depth with the addition of recycling and a greater new material and upstream emphasis than before. However, one subject was on virtually everyone’s lips – tariffs.

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3914

Vipal celebrating anniversary at Autopromotec 2025

Retreading product manufacturer Vipal is limbering up for Autopromotec 2025 in Bologna, where it will exhibit highlights from a broad portfolio. The exhibition in Italy also coincides with the celebration of Vipal’s 20th anniversary Europe, with operations withing the region commencing in 2005 – the same year Vipal first attended Autopromotec.

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3915

ChinaGRTAE show opens – 80,000 visitors expected

China has well and truly established itself as a major player in the global tyre market, and Tyrepress.com is committed to keeping its readers abreast of developments in this part of the world. We’re currently attending the 15th China (Guangrao) International Rubber Tire and Auto Accessory Exhibition (ChinaGRTAE), which opened today in Shandong Province, the country’s centre of tyre production. We will share information from the show here on Tyrepress.com in the coming days and weeks.

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