Arlanxeo invests millions in synthetic rubber production
Over the next three years, Arlanxeo will invest “mid double-digit million” euros to modernize its production sites in Triunfo, Brazil and La Wantzenau, France.
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Doublestar acquisition of Kumho Tire completed
A ceremony was held on 6 July to mark to completion of Doublestar Tire’s acquisition of a 45 per cent share in Kumho Tire. The event in Seoul was titled ‘Celebrating New Beginning’ and was attended by the Chinese and South Korean tyre makers’ management teams as well as representatives from Korea Development Bank, which together with other creditors still maintains a 23 per cent share in Kumho Tire.
Al-Dobowi celebrates founder’s 70th with book and all-season tyre launch
During the recent Tire Cologne exhibition Tyres & Accessories met with Al-Dobowi founder and chairman Surender Kandhari and son and vice-chairman Jasjeev Kandhari. We even heard a little about Kandhari senior’s latest project – a book.
VDR appointed Momo distributor for Benelux
An all-new Momo tyre range has been developed, with Wheelwright appointed UK distributor for these products. For Benelux markets, wholesale S&H Tyres reports that its VDR Autobanden bvba subsidiary will exclusively distribute the Momo tyre and rim line-up.
Rosava ‘restructuring’ as plant readies for larger tyre sizes
Despite a company restructuring that includes the closing down of the private joint-stock company (PJSC) Rosava, the Rosava factory in Bila Tserkva, Ukraine is currently gearing up to begin production of 19-inch tyres following the installation of new plant equipment.
Brake partners with Continental on the road to Vision Zero
Road safety charity Brake is supporting tyre manufacturer Continental’s aim of making road crashes a thing of the past by partnering with the Vision Zero initiative. Continental will work with Brake over the coming months to engage road users at live experiential events.
TyreWatch system combines TPMS, connectivity, AI to prevent 95% tyre breakdowns
Tructyre chief executive officer Glenn Sherwood has announced the launch of Tyrewatch, a predictive tyre management system the company states can “prevent 95 per cent of tyre related breakdowns”, from The Satellite Applications Catapult in Harlow, near Oxford, an organisation which has assisted the project in implementing satellite communications connectivity. The new system for fleets, three-plus years in development for its initial phase, combines tyre pressure monitoring systems (TPMS) with increased and continuous cellular and satellite connectivity and artificial intelligence to provide automated analysis of fleets’ tyres. The system works by connecting sensors continuously monitoring tyre pressure, temperature, vehicle speed and GPS location to TyreWatch’s servers, which in turn alerts drivers, fleet managers, and tyre servicing providers where action should be taken. All of this results in a trio of potential benefits: economic, safety, and a step towards autonomy for logistics vehicles.
Yanchang continue internationalisation efforts with Duraturn brand
Despite only entering the tyre business during the first decade of the new millennium (2008 to be precise), Yanchang Rubber is continuing to increase in prominence. Already known as a leading manufacturer with strong petrochemical group backing in the domestic Chinese tyre business, recent years have seen the company redouble its internationalisation efforts. One visible example was this was the company’s Tire Cologne exhibition stand, which was bigger and more professional-looking than ever and was placed in a premium position in Hall 6.
Chinese tyre makers off-shoring in Southeast Asia
At the end of May, anti-Chinese truck tyre tariffs were implemented. They included nominal (as opposed to percentage) tariffs at levels that surprised many. As a result, supply shortages and challenges at distributors were predicted. Shuttering of some of the lowest cost Chinese tyremakers is also expected. However, speaking to affected firms during the recent Tire Cologne reveals that many are already prepared to source tyres elsewhere. Indeed, the largest manufacturers have been off-shoring for some time. As a result, virtually all the leading Chinese tyre manufacturers already have non-Chinese tyre production in place. Let’s take a look at who’s got what.
Successful trial sees Wheely-Safe light TPMS installed on 90 Welsh ambulances
Tyre pressure management system (TPMS) Wheely-Safe Light has been installed on 90 Welsh Ambulance Service NHS Trust emergency vehicles after proving its worth during extensive trials earlier this year.
Interpneu looking to grow in Europe
When visiting the team at Interpneu during The Tire Cologne, we assumed they’d talk about business at home in Germany. We were wrong – the wholesaler shared a strong interest in expanding its operations in the UK and in northern Europe. Plans to do this are already in place.
Wholesale acquisition: Hankook Tire buys Reifen Müller
Another tyre wholesaler in Germany is now in manufacturer hands. Hankook Tire has announced the 100 per cent equity purchase of independent wholesaler and retailer Reifen Müller. The acquisition gives Hankook Tire ownership of Reifen Müller’s sales distribution affiliate company, Reifen Müller KG, its 44 retail service outlets and the Reifen Müller GmbH & Co. Runderneuerungswerk KG retreading business.
Wanli considering Europe for $1 billion tyre factory investment
Wanli-owner Guangzhou Vanlead Group Co. Ltd. has indefinitely postponed plans to invest US$1 billion in the construction of a tyre factory in South Carolina, USA. Now the company is said to be considering alternative locations including some in Europe
Trelleborg acquires New Zealand off-highway tyre distributor
Trelleborg Wheel Systems has finalised its acquisition of New Zealand’s TRS Tyre & Wheel Ltd from automotive market company Bapcor Limited. TRS Tyre & Wheel distributes agricultural, material handling and construction tyres throughout New Zealand, specialising in the provision of tyres and complete wheels for tyre and tractor dealers.
Prinx Chengshan setting up Malaysia tyre factory
Less than two years after Prinx Chengshan Europe came into being, the company has already sold quantities of tyres numbering in the millions across Europe. Not only that, but the Chinese-based firm has also invested in a manufacturing base in Malaysia during the same period of time. Tyres & Accessories met up with European managing director Ivan Majsky and the rest of the European sales and marketing team at Tire Cologne in order to find out more.
