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4846

Conti closes inaugural Extreme E season in exciting Dorset finale

Arriving at Bovington Camp, a military base in Dorset, for the finale of the inaugural season of electric off-road series Extreme E, the lack of noise is the first indication that this is international motorsport done differently. When the nine fully electric 550bhp Odyssey 21 SUVs enter the arena, it is in large part to the sound of wet mud displaced by exclusive tyre supplier Continental’s Extreme E tyre, which is based on the German manufacturer’s CrossContact range. Primarily targeting a broadcast and internet audience, the teams, event staff, and small number of attendees on-site mingle under canvas, watching most of the action from the circuit unfold on big screens. During the races, teams complete the switch between the male and female drivers – another indicator of how Extreme E approaches motorsport differently – in front of this area.

4847

Key tyre industry themes for 2022: acquisitions, consolidation and sustainability

A quick glance at our recent top 10 articles of 2021 email offers a unique overview of the major themes of the last 12 months. Since most of those issues are ongoing stories, they bring with them a useful insight into some of the things we can expect in 2022 – an insight that can be summarised by these three words: acquisitions, consolidation and sustainability.

4848

Autogem offers TPMS star quality

NTDA Tyre Industry Award-winning business Autogem, has played a key role in the UK TPMS aftermarket since its inception. Indeed company representatives are clear, if there was one product area where the firm can boast star quality, then look no further than its TPMS offering.

4849

More than just products: T&A speaks with TWS’ Paolo Pompei

Tyre makers have a lot on their minds these days. In addition to experiencing an extraordinary couple of years that began with a virus and then mutated into a succession of rising input prices, they also need to think far beyond the traditional product development cycle. Legislation and end user expectations are driving manufacturers to explore new materials and achieve greater sustainability, while at the same time evolving technology means a growing focus upon connectivity and services. We recently caught up with Paolo Pompei to find out how Trelleborg Wheel Systems (TWS) is addressing these key issues.

4850

Hankook participating in Project TREE

Project TREE is the first attempt to establish natural rubber traceability using blockchain, and the UK is the first market where consumers can buy tyres containing verifiable sustainable rubber. Following the launch of traceable Pirelli tyres earlier this month, Hankook Tire & Technology is now distributing tyres manufactured through the project.

4851

Goodyear supporting two Dakar 2022 teams

Goodyear has announced the renewal of partnerships to equip tyres for two legendary and heavily titled truck racing teams, Kamaz-master and Petronas Team De Rooy IVECO, at the 2022 edition of the Dakar rally. Both outfits will continue to put their trust in Goodyear’s proven Offroad standard tyres for the gruelling competitive trek through the Arabian Desert from 1 to 14 January.

4852

Kwik Fit condemns 25% rise in fly tipping incidents

Following up the news that its parent company European Tyre Enterprise Ltd (ETEL) is acquiring leading tyre recycler Murfitts Industries, Kwik Fit shares some statistics that suggest not everyone understands the potential value of end-of-life tyres. According to the automotive parts and tyre network, fly tipping incidents have increased by a quarter in the past year.

4853

North America: Goodyear launches EV aftermarket range

While tyre makers serving the UK and European markets typically cover replacement demand for electric vehicle tyres with energy-efficient products they also aim at ICE-powered cars, in North America Goodyear has introduced a replacement market tyre that’s specifically tuned for EVs. It has launched the Goodyear ElectricDrive GT in size 255/45R19 104W XL and intends to expand the line-up in 2022.

4854

Birla Carbon closes US$750 million Sustainability Linked Loan

On 17 December, Birla Carbon executed a US$750 million Sustainability Linked Loan (SLL) with a syndicate of more than 15 banks and intends to use the proceeds from the loan to refinance its existing debts. Key Performance Indicators (KPIs) linked to the facility include: “direct CO2 intensity, bringing circular products to market, and an external rating of Sustainability”. The fund’s direct connection with “bringing circular products to market” could be interpreted as an indication that the company is willing to invest in technologies such as pyrolysis which seeks to recover carbon black from end-products such as tyres.

4855

Kwik-Fit and Stapleton’s owner ETEL buys leading tyre recycling firm Murfitts

European Tyre Enterprise Ltd (ETEL), which owns leading tyre retail and wholesale operations Kwik-Fit and Stapleton’s, has agreed the acquisition of Murfitts Industries, the country’s leading tyre recycling company. ETEL is buying 100 per cent of Murfitts Group Ltd, the parent company of Murfitts Industries. Murfitts operates a national network recycling the equivalent of around 20 million car tyres per year. Murfitts, which processes and recycles tyres into granulate, has been a long-term provider of post-consumer tyre collection and recycling services to ETEL.

4856

Pearl Global appoints CEO

Australian waste tyre processor Pearl Global Limited, a firm claiming to possess a proprietary technology superior to traditional pyrolysis, has appointed a new chief executive officer. David Wheeley will commence in this capacity on 1 February 2022.

4857

FIA ETRC extends exclusive partnership with Goodyear

Goodyear and the FIA European Truck Racing Championship (FIA ETRC) have renewed their long-standing partnership with another three-year contract extension. The tyre maker says this underlines its “commitment to the exciting future vision of FIA ETRC”, including an increased focus on innovation, sustainability and talent development.

4858

Marangoni to acquire GRP’s stake in India JV

On Tuesday, the Marangoni Group and Indian reclaimed rubber manufacturer GRP Ltd. entered into a non-binding Memorandum of Understanding for the sale of Marangoni’s equity shareholding in Marangoni GRP Pvt Ltd, a 50/50 joint venture established in 2015 to bring the Marangoni Ringtread system of retreading to India.

4859

LSF wins Continental Challenge

UK firm Low Sulphur Fuels Ltd. (LSF) is the winner of the second Continental Challenge for sustainable material solutions. The Amersham-based enterprise prevailed over more than 50 participants from across the world with its conversion technology that can produce low sulphur distillate from end-of-life hydrocarbon materials such as oils and tyres.

4860

Tyre manufacturers to lose $2bn in OE revenues due to semi-conductor shortage

Astutus Research says that the shortage of semi-conductors and other vital components will lead to $2 billion (around £1.5 billion) in lost original equipment tyre revenues in 2021. The analyst notes that demand for new cars is not a factor in the slump in OE stream sales versus expectations, and that a rebound is expected in the coming years when component supply has returned. Astutus Research is currently offering a new report series via Tyrepress, presenting tyre industry forecasts in the wake of Covid-19, which takes into account such dynamics. The series, entitled ‘Beyond Covid-19’ offers market leading data on global original equipment and replacement passenger car and light truck tyre segments. It also offers region-specific PCLT tyre data for Europe, the Americas, and Asia Pacific. A full summary of the 11 available PDF reports with accompanying Excel data-books is available here.

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