Shandong, China tyre production picks up
First half 2022 data released by several Shandong Province institutions shows that manufacturing output within China’s best-known province for tyre production is picking up.
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RH Claydon opens Carlisle warehouse
Wholesaler RH Claydon (RHC) opened its eighth depot on Monday. The facility in Carlisle’s Kingmoor Park North enterprise zone is now open for deliveries and collections between 8 am and 5:30 pm Monday and for collection 9 am to 12 pm Saturdays. RHC says the addition of the Carlisle depot will allow greater coverage of the north and border areas.
Hankook announces Q2 2022 results
During the second quarter of 2022, Hankook Tire grew its sales by 12.9 per cent year-on-year to KRW 2,039.9 billion (£1.3 billion). Operating profit, squeezed by world events, rising raw material costs and inflation, shrank 6.3 per cent year-on-year to KRW 175.2 billion (£109.9 million). This result nonetheless represented a 39.0 per cent increase compared with the operating profit of KRW 126.0 billion (£79.0 million) achieved in Q1 2022. Hankook attributes this quarter-on-quarter improvement to a growing share of sales attributable to high-value-added products as well as effective pricing strategies.
Xingda published first ever sustainability report by a Chinese steel cord maker
On 28 July, Xingda, which specialises in rubber reinforcement such tyre cord, officially released its 2021 sustainability report with a special event at its headquarters. According to the company, it is the first sustainability report released by Xingda, also the first by any Chinese steel cord or bead wire maker.
Nexen OE on 2 Series Active Tourer
BMW has selected Nexen as an original equipment fitment for its second-generation 2 Series Active Tourer. The MPV will be available with Nexen N’Fera Sport tyres in size 205/65 R16, a dimension that lower spec models wear in some markets.
‘Born for the electric age’ – Prinx debuts latest products
When Prinx Chengshan presented its flagship Prinx tyre brand at The Tire Cologne in May, talk was of its introduction in European markets later in 2022. The tyre maker also displayed a pair of Prinx tyres scheduled for launch in China ahead of the brand’s arrival here. These tyres have now hit the market in the People’s Republic and signal the brand’s repositioning as a range “born for the electric age.” Prinx Chengshan will show them off the China International Tire & Wheel Fair in Qingdao this week.
Ceat offering broad summer, all-season & winter line-up
Arguably best known in the UK through its agricultural range, Ceat also produces a full line of passenger and commercial tyres. The well-known Indian brand is now offering a comprehensive range in Europe and the UK, including products developed with the assistance of the CEAT European Technical Centre (CETC) in Germany. We will look at the truck range at a later date, and here focus on the eight lines Ceat is offering for the passenger vehicle and light commercial segments.
Fighting unfair trade: South Africa’s SATMC defends tariff application
South Africa is currently contemplating anti-dumping tariffs for tyres imported from China, and an investigation is currently in its preliminary phase. A healthy head of steam has already built up on both sides of the argument, with the recent debate including a claim from the Tyre Importers Association of South Africa (TIASA) that the tariffs will simply result in Chinese imports being substituted for tyres from Europe or Japan. The South African Tyre Manufacturers Conference (SATMC) has issued a statement countering assertions such as this.
Bridgestone & Webfleet showcasing solutions at IAA Transportation 2022
Bridgestone claims to be, together with its Webfleet fleet management solution, on a “mission to move the world towards a sustainable future of mobility.” Both will be present at IAA Transportation 2022 to showcase a portfolio of tyres, tyre-centric technologies and mobility solutions and to give fleets an opportunity to learn more about their products and data-driven mobility solutions and how they can enhance performance.
Continental supersizes agri range for Tour de France
They are a stoic bunch and nobody has come forward to seek professional help so far, but participants in the Tour de France 2022 may be forgiven for wondering if they’d experienced a collective hallucination during the gruelling 2,081-mile race. For at a strategic location along the 21-stage route between Copenhagen and Paris, cyclists were confronted by the looming presence of an oversized agricultural tyre.
Ex-Nokian R&D head joins Omni United
Omni United has appointed Olli Seppälä as its global head of R&D. The former head of R&D at Nokian, Seppälä brings with him expertise in passenger, light truck and heavy-duty tyres. His remit is to drive forward Omni’s product research, design, development and testing.
Fleets facing ‘unprecedented’ rises in tyre costs, says i247 Group
Fleets are facing tyre cost rises at an unprecedented rate, placing additional strain on already stretched SMR budgets, warns i247 Group, the outsourced driver support and asset management provider. The Poole-based company reports average tyre costs are likely to continue rising due to a rapidly-changing fleet portfolio mix and double-digit percentage cost increases from tyre manufacturers to its customer base.
Goodyear buying German wholesaler Reifen Burkhardt
Goodyear is expanding its wholesale presence in southwest Germany with the acquisition of local player Reifen Burkhardt GmbH & Co. KG. The purchase of this family-owned tyre wholesaler brings into the Goodyear fold an operation with space to store 250,000 tyres and wheels in a 40,000 square metre warehouse facility. The transaction is subject to regulatory approvals and is expected to close in the third quarter of this year.
Michelin publishes H1 2022 results, maintains full-year guidance
In a market hit by the systemic impacts of the conflict in Ukraine and the health crisis, the Michelin Group reports that its net income fell by 18.3 per cent despite a year-on-year increase in sales. The tyre maker nevertheless considers this a good result “in an extremely unsettled environment.”
‘Fantastic results’ from Michelin-shod sprayer
The York-based crop farming operation Wharram and Kay is getting ‘fantastic results’ from its new Bateman RB35 self-propelled crop sprayer having fitted the vehicle with Michelin AxioBib 2 tyres. The company days it has seen vastly improved stability and can run the sprayer on very wet ground thanks to the superb soil protection qualities of the VF 650/60 R38 fitments.
