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5461

SUV tyre prices in the corona context: Channel makes more difference than brand

4×4 tyre sales may have fallen due to the effects of coronavirus and lockdown, but prices in certain key sizes are actually higher than they were before those challenges presented themselves at the start of the year. Tyres & Accessories spoke to tyre market and pricing data experts Encircle Marketing in order to find out more.

Tyres & Accessories logoThis article will appear in full in the September edition of Tyres & Accessories. Not yet a subscriber? You can change that here.

5462

Laufenn launch makes Hankook more holistic commercial tyre supplier

The launch of the second-line Laufenn brand onto the European commercial vehicle tyre market has rounded out Hankook’s offer to fleet customers. Offering a second tier brand – alongside a growing retreading programme via its Alphatread range – can both allow the manufacturer a more extensive product range to cater to each customer’s entire fleet, and also allow Hankook to capitalise on the growing interest in more value-oriented products. The new tyres, which give Laufenn itself impressive market coverage, also help to emphasise one of Hankook’s competitive advantages; the proportion of products under three years old in its TBR portfolio. The timing of the launch could also help to address the economic strife felt by the logistics sector in the wake of the Covid-19 pandemic. Featured in the September issue of Tyres & Accessories, we spoke with Guy Heywood, Hankook’s European marketing and strategy director for its truck and bus business, and UK sales director Paul Emery about how the introduction of Laufenn will help to develop the tyre manufacturer’s commercial business in the UK and Europe.

Tyres & Accessories logoThis article will appear in full in the September edition of Tyres & Accessories. Not yet a subscriber? You can change that here.

5463

BASF partners with New Energy in tyre-derived oil project

BASF SE has signed an uptake supply agreement with New Energy, which specializes waste tyre pyrolysis and is headquartered in Budapest, Hungary. According to the agreement, New Energy will supply BASF with up to 4,000 metric tonnes of pyrolysis oil per year derived from waste tyres. In a pilot phase, the first volumes of the pyrolysis oil have already been used in BASF’s integrated chemical production site in Ludwigshafen, Germany.

5464

Enviro: Improved tyre pyrolysis market will help revenues

Scandinavian Enviro Systems AB is reporting a “dramatic increase in interest” the pyrolysis oil the company extracts from end-of-life tyres. According to the company, the oil has a high bio content due to the natural rubber in tyres and is therefore “of great interest to many players in the market because it could replace fossil-based alternatives”. This, in turn, is likely to help Enviro’s sales revenues. “Based on the market response and our own calculations, we judge that the oil recovered from end-of-life tyres could contribute to a strong increase of revenues from recycling plants that use our technology,” Thomas Sörensson, CEO of Enviro, explained.

5465

Prinx Chengshan: Increased profits despite corona

In spite of COVID-19, Prinx Chengshan managed to increase its net profit in the first half of 2020, a feat aided in part by a prompt response to the pandemic. Sales revenue for Prinx Chengshan (Cayman) Holding Limited and its subsidiaries in the six months to 30 June 2020 came to RMB 2,844.0 million (£317.2 million), 1.0 per cent less than in the same period of 2019. Gross profit rose 9.9 per cent year-on-year to RMB 606.3 million (£66.7 million) and net profit increased 1.6 per cent to RMB 265.3 million (£29.2 million).

5467

BKT ready for the future

BKT says it is “ready to take up the challenge” of developing tyres for the coming generation of self-driving and electric off-highway vehicles. The tyre maker is already addressing changes within the agricultural and construction sectors with a range of solutions, drawing upon its almost 30-year experience and in dialogue with end-users.

5469

Tyrexpo Asia 2021 ‘attracting exhibitor interest’ as countdown to show begins

Tyrexpo Asia 2021 is due to open in almost seven months’ time in March 2021. The show’s organiser Tarsus says businesses are “looking for a platform for recovery,” and so far the Singapore event for the international tyre market has attracted more than a hundred exhibitors. Exhibitors will include Stamford Tyres International (Singapore); Deestone Corporation (Thailand); Goodtire Rubber Industrial (Taiwan); GB Tyres (UK); Sun Rubber Industry (Malaysia); Service Industries (Pakistan); and Middle East Tyre Center (UAE).

5470

Pirelli goes to Brands Hatch with British GT

Pirelli travels to Brands Hatch this weekend for the third round of the 2020 British GT Championship. The Kent circuit is “a track where the drivers can really exploit the full performance of their cars and our latest tyres,” according to the series’ exclusive tyre supplier. GT3 competitors will use Pirelli’s new P Zero DHE tyre, an evolution of the previous DHD2, with modifications designed to make it even more versatile for the wide variety of GT3 cars and drivers who use it. There’s another new tyre for GT4 as well, with the P Zero DHB replacing the DH. The Cinturato WH tyres remain in place for wet weather.

5471

Government accelerates pothole mapping project

The UK government has launched an audit into the mapping of potholes in England. Aided by data from on-road businesses such as Uber, Deliveroo and Tesco in addition to local highway authorities and highway data and mapping company Gaist, the Department for Transport will identify ‘pothole hot-spots’. The scheme intends to better target road improvements as people return to work and school. According to the most recent research published by Kwik-Fit on the subject, potholes caused £1.25 billion of damage to vehicles in 2019, with the average bill for affected motorists £115. Potholes damage most frequently afflicts tyres, wheels, suspension, and steering.

5472

Nexen Tire expanding in Europe – milestones reached

Much has changed at Nexen Tire of late, a phenomenon particularly noticeable within the South Korean tyre maker’s European operation. In the past two years, the company has set up a new production facility in the Czech Republic and a European headquarters in Germany as part of its ‘Global Nexen’ strategy. This expansion is occurring parallel to similar growth in Korea and the USA.

5473

Goodyear supplied Mini Challenge heads to Knockhill

The Mini Challenge returns this weekend for its second set of races since its Covid-delayed start at Donington Park (1-2 August). The JCW field is linked to the British Touring Car Championship, both as a support series for the first time in 2020 and by virtue of its switch from Dunlop rubber to European sister brand Goodyear, which supplies the BTCC. The move to Goodyear, in the final year of its 2017 penned Dunlop supply deal, signifies the continued realignment of the Goodyear brand within motorsport. Having already returned to the international stage with top-flight series like the FIA World Endurance Championship, Goodyear wants to expand its presence in national series too. The Mini Challenge JCWs run on a variation of Goodyear’s new Eagle F1 SuperSport slick tyre range. The company stresses the strength of this move for the development of competitors looking to make the step up to the headline BTCC series.

5474

Peel completes Engineering Definition phase for Powerhouse DMG plant site

Powerhouse Energy Group’s first hydrogen production from waste plastic (including end of life tyres) plant has received a boost, as the first phase of engineering work on its site at Cheshire’s Protos Energy Park was completed on time, despite the Coronavirus lockdown. Peel L&P completed the Engineering Definition stage of the contractors’ work for the DMG plant on schedule. The completion of detailed site definition drawings and procument packages for equipment and components will enable delivery contractors to price their contracts for constructing the plant and the associated on-site buildings.

5475

Vipal congratulates Croatia’s Gumiimpex on 50th anniversary

The largest tyre retreader and distributor in Croatia is celebrating 50 years in business. Located in the city of Varaždin (81 km from the Croatian capital, Zagreb), Gumiimpex’s achievement was recognised by retreading materials manufacturer Vipal Rubber, which has supplied the firm since 2010, with a plaque in recognition of the milestone. Presenting the plaque to Gumiimpex, Vipal said it recognises the importance of building a history; it has almost 47 years on the market itself.

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