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Sumitomo Rubber North America is set to increase prices the price of Falken and Ohtsu branded passenger, light truck and medium truck tyres in the US and Canada on as well as implementing inline adjustments on a per size basis.
Pyrolyx USA Indiana has filed for Chapter 7 liquidation bankruptcy with the US Bankruptcy Court in Delaware. The 66,000sqft Terre Haute plant had not resumed operations since they were suspended in March, in part leading to its withdrawal from the Australian and German Stock Exchanges in September 2020. The factory cited the Covid-19 pandemic as the reason for its suspension. Upon completion, the company claimed the plant was the largest of its kind in the world.
Shandong Linglong plans to increase the capital of its Linglong International Europe Serbian unit by US$174.1 million (146.6 million euros) for the construction of its tyre factory in Zrenjanin, northern Serbia. When finished the factory will require 1,200 employees and produce 13 million tyres per year.
NDI Group is relaunching its Nordexx private label. The tyre distributor says it has developed a new logo as part of its strategy to grow Nordexx in the future. These efforts to create a more distinctive and recognisable brand are being backed up with marketing support for Nordexx distributors and partners.
The tyre fire started in the early hours of Monday morning in Bradford continued to cause disruption in the local area as thirteen schools were forced to remain closed on Tuesday. Trains remained unable to access the city’s Interchange and thick smoke reached as far away as neighbouring city Leeds, as the severe effects of the fire continued into a second day despite its containment by fire crews. A previous occupant of the site, karting charity OnTrack, confirmed to the Telegraph & Argos that it had removed “everything” it owned when it left Spring Mill Street in mid-2019. Considering the Environment Agency (EA) was probing potentially illegal activity at the site in July 2020, evidence is building that the waste tyres fuelling the blaze were stored improperly. Tyres & Accessories asked Peter Taylor, the secretary general of the Tyre Recovery Association, who warned of the dangers of a rise in non-compliant stockpiling earlier in the year, whether the incident shows that changes are needed in the way regulations governing waste tyre storage are enforced.
Maxxis continued its 2019 MXGP progress in the 2020 season, with its MaxxCross range helping to deliver podiums in several European classifications. For the second consecutive year, a rider on MaxxCross tyres won the European 125cc Motocross Championship with Andrea Bonacorsi of Fantic Motor factory team after the title win in 2019 with Mattia Guadagnini. The manufacturer said that the newest addition to the MaxxCross range, the MX-SM sand tyre, had proven its performance alongside the championship-winning MX-ST, offering consistent high performance.
The largescale tyre fire near Bradford interchange has been contained, but disruption is set to continue into a second day (17 November 2020).
West Yorkshire Fire and Rescue report that they have now contained the fire after deploying over 100 firefighters, 15 appliances and two aerial units.
No-one envisioned just how many challenges the tyre market would have to face this year. As has generally been the case, the trade rose to the occasion by repeatedly pivoting to adjust to mid-pandemic customer demands and government requirements. At the bricks and mortar end of the business this has meant ensuring premises are Covid-secure and there are continuing supplies of PPE – as well as maintaining high standards of tyre service and supply. However, this year has also significantly closed the gap between exclusively conventional bricks and mortar tyre retail businesses and pure play tyre e-tailers, with consumers increasingly planning tyre purchases and looking for contactless servicing options online.
The Michelin Group aims for complete carbon neutrality by 2050, and it seems that every little helps. The tyre maker’s efforts even extend to its communications, and so it was that when sharing news of a new product’s impending launch, Michelin encouraged invitees to take their ‘first eco-action’ by spurning e-mail contact in favour of text messages. It explained that this form of communication’s carbon footprint was 0.00125g, some 200 times smaller than that of an e-mail. I did not know that.
Goodyear Tire and Rubber reported Q3 2020 net losses of US$2 million compared to net income of $88 million in the same quarter a year ago. The company reported segment operating income of $162 million in Q3 2020, down $132 million from a year ago. According to the company, the decline primarily reflects lower volume, reduced factory utilization and lower earnings from other tyre-related businesses.
Continental’s nine-month 2020 figures show the tyre and automotive supplier “did remarkably well operationally in the third quarter” despite the “still very volatile market environment”, according to outgoing CEO Dr Elmar Degenhart.
It isn’t news to say that the tyre and autocentre sector is becoming an increasingly technological business. However, two recent trends confirm the need for garages to be properly equipped – increasing electric vehicle take-up and, in the short term, booming MOT demand.
In January 2019, we predicted a 5 per cent increase in MOTs during the course of the year. One calculation suggested this would work out as 2.6 million extra MOT tests during 2019, which equates to something like 50 extra MOTs per site per month. The latest DVSA numbers suggest that MOTs actually went up by an estimated 6.2 per cent last year, rising from 29.560 million in 2018 to 31.405 million last year. So far DVSA have only released data relating to the first nine months of 2019, so the final figure could go down, but in all likelihood it now looks like 5 per cent was a conservative estimate.
Prometeon Tyre Group UK has been awarded a 12-month contract extension as Mitchell & Webber’s fleet tyre partner. Operating for 120 years across Cornwall, Devon and Somerset, Mitchell & Webber is one of the South West’s longest established distributors of home heating oil, commercial, agricultural and marine fuels, as well as lubricants and industrial services.
Engineering group Andritz has opened a new 3,600m2 test and research centre for the recycling industry in St. Michael, Upper Styria, Austria. The group, which supplies plant machinery for recovering energy and materials from tyres and auto parts among other waste streams, is to expand its research and development activities with the new facility. It will collaborate closely with the University of Leoben at the Andritz Recycling Technology Center (ART-Center), though the ART-Center is available to customers and researchers from around the world. The facility is equipped with innovative shredder technology from the company’s ADuro product line, used for primary and secondary shredding as well as fine granulation and dismantling of composite materials. This enables customers to conduct recycling tests under real plant conditions with industrial-scale equipment.
Hankook has launched a new all-season tyre for cars and small-to-medium sized SUVs under its Laufenn brand. The Laufenn G FIT 4S features widening grooves and a high grip silica compound for year-round European driving. Hankook is developing its second-line Laufenn brand globally in the consumer and commercial segments, offering an attractive price-performance ratio. The Laufenn G FIT 4S has been developed for price-conscious drivers, allowing them to avoid seasonal tyre changes, while offering solid all-weather performance.
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