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Balkrishna Industries (BKT) has provided further details regarding its plans to build a factory in the USA. With a capital outlay of up to US$100 million, funded by investments and local debt, the tyre maker intends to establish a greenfield facility with an annual capacity of 20,000 tonnes.
Two months after the tyre manufacturer began a restructuring programme at its factory in Dundee, Michelin is set to close the plant at the cost of about 850 jobs. Michelin, which has run the Dundee site since 1971, says it plans to leave the city by 2020.
For the French it’s a pastime for couples, for the Spanish a group activity, but going solo is the preferred way of doing it in the UK. We are of course talking about motorcycling – according to a survey performed by Moto-tyres.co.uk, 71 per cent of British respondents said they’d rather ride alone than in a group.
Breedon Cement has become the first UK Off-The-Road (OTR) or earthmover fleet to install Goodyear Proactive Solutions. According to the company, the TPMS Heavy Duty system allows data to feedback from sensors fitted inside the tyres, assisting customers to maintain and prolong the life of their tyres, through real-time monitoring.
Hungary has bestowed the Officers Cross (Civilian Division) of the ‘Order of Merit’ upon Onkar S Kanwar, chairman of Apollo Tyres Ltd. This award was conferred in recognition of Kanwar’s work towards strengthening Hungarian-Indian economic relations through the company’s investment in Hungary.
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The first update made to the ContiConnect digital tyre monitoring platform has gone live. Continental has added further functions to the web portal and refreshed its look. The new features also link ContiConnect services directly with fleet operations, enabling digital monitoring data to be used during tyre maintenance.
Hankook recently celebrated a long service award for Richard Ettey, regional sales manager, who has been recognised for his 10-year service at Hankook Tyre UK Ltd. Hankook were first introduced to the UK in the early 1980s with just two employees. The company now employ a total of 50 staff in the UK head office; 16 of whom have completed 10 years of service or more.
No, this isn’t fake news or a misprint: More than half a century after producing its last cross-ply car tyre and electing to exclusively focus upon radial construction in this segment, Pirelli is once again making cross-ply tyres for classic cars. The Pirelli Stella Bianca is back.
The private equity firm building up a European tyre distribution group through its acquisition of firms such as Fintyre and Reiff has made a significant investment in North America. Bain Capital reports its acquisition of a majority shareholding in US-based aftermarket tyre and parts distributor Dealer Tire, LLC. The interests of Lindsay Goldberg LLC, Dealer Tire’s investment partner since December 2014, will be acquired by Bain Capital Private Equity. The transaction is expected to close by December.
Depending on how you look at it, Pirelli has either simplified its F1 tyre colour coding for 2019 or made it more complicated. Only three P Zero colours will be seen at each race next year. These will always be the same – white, yellow and red – and denote the hard, medium and soft tyre choices at every Grand Prix. But the use of just three colours doesn’t mean Pirelli will only offer three tyre compounds.
The Market Surveillance Action on Tyres 2015 (MSTyr15) project may claim success in its aim of ensuring the enforcement of tyre labelling regulations, yet enforcement is only effective if end consumers actually consider label results when buying tyres. A report funded by the European Tyre & Rubber Manufacturers’ Association (ETRMA) suggests they aren’t, and the association wants this considered during the European Commission’s current review of tyre label regulation (1222/2009).
Talks were held last week between Linglong Tire and the European Bank for Reconstruction and Development (EBRD). Linglong Tire chairman Wang Feng met with key EBRD representatives, including Jurgen Rigterink, first vice-president, Betsy Nelson, vice-president and chief risk officer, and Jean-Marc Peterschmitt, managing director of industry, commerce and agribusiness, in London on 16 October to discuss cooperation on the construction of Linglong’s tyre plant in Serbia.
Maxxis-supported rally driver Pat Naylor achieved back-to-back victories at the Trackrod Rally, Yorkshire. His first in class finish highlighted the synergy between car, driver and Maxxis’ R19 tyre, finishing the season in style.
If I were a winter tyre developer at Continental, I’d be getting smug by this point in time. The brand can boast yet another tyre test win, this time with sport auto. The German performance car magazine has named the WinterContact TS 850 P victor of its six-brand test.
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