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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.
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.
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.
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.
Prometeon announced plans to increase production at its Gravatai, Rio Grande du Sul, Brazil at the end of September. According to several local news sources, the expansion plans were announced during a meeting with local Governor Eduardo Leite at the Piratini Palace.
From the start of next year, Yokohama tyres will be sold in Malaysia through a newly formed joint venture company. Tyre maker Yokohama Rubber Co., Ltd. will hold a 51 per cent stake in the new Yokohama Tyre Sales Malaysia Sdn. Bhd., with the remaining share held by YHI (Malaysia) Sdn. Bhd. (YHIM), subsidiary of the exclusive distributor of Yokohama tyres in Southeast Asia, YHI International Limited (YHI). Akira Nakamoto has been appointed managing director.
Michelin and Murata Manufacturing have developed a new generation of embedded RFID modules. Several million Michelin tyres are already equipped with these, and the partners are now making the technology available to other tyre makers.
M&N Transport is a Wiltshire-based bulk transport firm. The company runs its growing commercial vehicle fleet of 35 trucks and 40 trailers exclusively on Michelin, having found the tyres to last significantly longer than any other truck tyre in the market. M&N is also utilising Michelin’s Effitrailer telematics package across its fleet of trailers and the company has experienced reduced downtime and cut its fuel costs since making the switch to Michelin, improving the sustainability of its operation in the process.
Michelin Tyre plc has appointed John Howe as Managing Director for the UK & Ireland, with effect from 1 January 2022. He will also hold the role of B2C Sales Director, with responsibility for the company’s car, motorcycle and bicycle markets.
Goodyear Tire & Rubber may soon be utilising carbon black produced from methane and/or biomethane in its tyres thanks to a new partnership with US-based clean materials firm Monolith. The two companies have signed a collaboration agreement and letter of intent covering the development and potential use of such products, which are made through a plasma-based methane pyrolysis process.
End-of-life tyre raw materials firm Bolder Industries has purchased a former Pyrolyx facility in the USA. It will retrofit the plant in Terre Haute, Indiana, which ceased operations in March 2020, with the Bolder Industries proprietary solution. Bolder will use the facility to increase its manufacturing capacity and commence production there early in 2023.
In response to market demand, General Tire has introduced the first all-terrain tyre with a C-identification for campers and vans. This new tyre, part of the General Grabber AT3 range, is available in size 235/65 R16 C.
When the China Petroleum and Chemical Industry Federation announced its list of most energy efficient companies within the petrochemical industry (for 2020) in October, it recognised tyre maker Prinx Chengshan as a leading ‘Energy Efficiency Benchmark Company’ for the sixth year in a row. Prinx Chengshan attributes these half-dozen consecutive accolades to its focus on sustainability in recent years, including energy and materials conservation as well as efforts to promote a circular economy.
Falken Tyre Europe has further expanded its warehousing in Germany by becoming an anchor tenant of tyre wholesaler Tyroo GmbH. Located near the centre of Germany, the Tyreoo site in Neuhof enables Falken to continue developing its retail strategy, expand its customer base amongst car dealers and increase its presence in the German market.
At the end of the year, it is customary to look back at the preceding 12 months as well as to look forward at what the future has to hold. One way our culture sums up the past year is to nominate a fitting word that encapsulates the spirit of the age. Last year our word of the year was “unprecedented”. This year the (OED) Oxford English Dictionary word of 2021 is “vax”, which offers us all – as if it were needed – a reminder of the continuing presence of Covid-19 during the last year.
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