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German Bundesliga club and Europa League contestant Bayer 04 Leverkusen and Kumho Tyre (as Kumho Tire markets itself in Europe) have extended the sponsorship contract they began in 2019. Kumho thus continues to be the club’s exclusive tyre partner as well as its sleeve partner in the German Football Association cup competition, the DFB-Pokal.
Hankook Tire’s 2021 Q2 financial results show consolidated global sales of KRW 1.806 trillion (EUR 1,336 million) and an operating profit reaching KRW 187 billion (EUR 138 million). Sales and operating profit rose 32.4 per cent and 167.1 per cent YoY and 11.7 per cent and 0.6 per cent QoQ respectively. In particular, sales of both original equipment (OE) tyres and replacement (RE) tyres grew compared to the same period last year. In addition, global sales of 18 inches and higher tyres accounted for 38 per cent of total passenger car and light truck tyre sales, a YoY increase of 5.4 percentage points.
Hankook Tire & Technology Group is the latest tyre manufacturer to partner with Tyre Stewardship Australia (TSA), an organisation set up to promote the development of viable markets for end-of-life tyres, and as such is now contributing to the National Tyre Product Stewardship Scheme. The Korean tyre maker’s engagement lifts the number of participating tyre importers to nine; in addition to Hankook, Bridgestone, Continental, Goodyear & Dunlop, Kumho, Michelin, Pirelli, Toyo, Yokohama are involved with the scheme.
We’re used to encountering yarn spun from recycled polyethylene terephthalate (PET) bottles in clothing and soft furnishings, but from next year motorists will be able to buy Continental tyres containing this material. Continental will use PET-sourced polyester yarns in the construction of tyre casings and says these can “completely replace” conventional polyester. It will present a concept tyre built upon a PET polyester casing at the IAA Mobility show in Munich this September.
Dunlop rider Romain Febvre scored his first Grand Prix win of the FIM Motocross World Championship season at Lommel, Belgium, on Sunday. The Frenchman shared the podium with fellow Dunlop rider Pauls Jonass, who placed third. Both riders tackled one of the championship’s toughest circuits on Dunlop’s Geomax tyres. Dunlop also continued its success in the FIM Women’s Motocross World Championship; Shana van der Vlist won the second round of the season, beating six-time champion Kiara Fontanesi to lead a Dunlop 1-2 result. The brand is by far the most successful tyre brand in WMX competition, having taken Fontanesi or Duncan to the championship win in eight of the nine last seasons.
Tyre maker Ralson India Ltd, manufacturer of the Ralco tyre brand and a firm that calls itself “India’s fastest growing automotive tyre company,” has entered into an agreement to acquire rights to the Dunlop name in India. The company intends to produce premium Dunlop tyres for the powered two- and three-wheeler segments at its Kot Panech plant in Punjab.
In addition to the latest news and analysis, July’s edition of Tyres & Accessories features the aftermarket, van tyres as well the agricultural/industrial/speciality tyre sector. The latter has proved to be amongst the most resilient sectors during the turbulence of the last year or so. The former two reflect changing market dynamics. In short, many things have changed in the automotive and tyre spaces. And the disruption of the Covid-19 pandemic has accelerated that change. But some things stay the same.
A new size is available in the Goodyear RH-4A+ range of off-highway haulage tyres. The addition of a 40.00R57 product increases the number of available dimensions to four.
Heuver is to expand its operations with a new Mounting Centre in Hardenberg. The tyre wholesaler says the new centre will enhance its focus on logistical services, an area in which it says it has particularly grown in recent years. The company is offering truck, agricultural and earthmover tyre fitment and wheel assembly on site, as part of its expanding service offering. Heuver says the assembly service shows it offers more than just tyres, with the centre a “logical continuation of its service.” In addition to the best advice and the right tyre for each application, the company offers customers a huge range from its 57,000m2 warehouse.
Kenda Tires Europe will distribute its full passenger car tyre portfolio across Germany and Austria via reifen.com GmbH. The agreement took effect on 1 July 2021 and means customers can now purchase Kenda’s complete passenger car tyre portfolio from 37 reifen.com customer outlets across the region as well as from its online shop.
Reporting market trends for the month of June, Michelin notes that the current shortage of semiconductors strongly dampened recovery within the global automotive industry, which impacted upon sales of original equipment passenger vehicle and light truck tyres.
Firestone returns to the All Points East festival as sponsor for a third time over the August Bank Holiday weekend. The event returns to London’s Victoria Park after a year’s absence, and the Firestone Stage will be ready to entertain.
Established in 2020, AZuR is a German-based innovation network for end-of-life tyre recycling with a membership list that includes retreading and recycling firms, academia and state agencies. After receiving financial support from Germany’s government for the first ten months of its existence, AZuR has been self-funded under the patronage of the German Rubber Manufacturers Association (wdk) since June 2021. The network recently began a major study into the ecological and economic aspects of retreading, and reported yesterday that the German Federal Environmental Foundation (DBU) has committed to support this work.
Trelleborg Wheel Systems enjoyed strong year-on-year organic sales growth in the three months to 30 June, reports parent company Trelleborg AB. The division noted marked growth in sales of its tyres for agricultural machinery in most markets. Sales of tyres for materials handling and construction vehicles were also significantly higher than in both the preceding quarter and the same period of last year.
Within the next few hours, production will recommence at Hankook Tire & Technology’s Geumsan plant in South Korea following a 48-hour pause that began on 24 July after a number of workers tested positive for Covid-19. Health authorities have set up a test centre at the plant and intend to test around 3,000 employees early this week.
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