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£80 million funding for national battery facility

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A partnership between WMG, at the University of Warwick, Coventry and Warwickshire Local Enterprise Partnership, and Coventry City Council has been awarded £80 million to establish a new National Battery Manufacturing Development Facility (NBMDF). The announcement was made by The Rt Hon Greg Clark, Secretary of State for Business, Energy and Industrial Strategy, while attending an energy conference on the University of Warwick campus on Wednesday 29 November 2017.

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Related news:

  1. US Battery Makers and Research Centre Form Alliance
  2. R&D Centre to Help US in Race to Build Better Battery
  3. European commission approves 3.2 billion euros of battery research support
  4. Technology Strategy Board Awards £1m to Battery Development Consortium
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Triangle Tyre publishes details of USA car, truck tyre factory plans

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In disclosures to the Shanghai Stock Exchange, Triangle Tyre Co., Ltd. reports its intention to invest US$580 million in what the company calls its “America Factory Project”. The investment will cover the cost of erecting facilities for producing both passenger car and commercial vehicle tyres.

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Related news:

  1. Triangle Tyre selects site for USA factory project
  2. Yokohama donates to local colleges ahead of US groundbreaking
  3. Incentives helped Triangle decide to build US factory in North Carolina
  4. Training centre to form key part of Triangle’s new US tyre factory
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Nexen aiming for Global Top 10 by 2025

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With new factories in Europe and now also the US Nexen Tire is growing in terms of global production capacity. However, the firm is also investing in developing its brand, especially in terms of football sponsorship. Recently Tyres & Accessories looked into how the company is combining the two in order to meet its goal of entering the global top 10 by 2025.

In 1976 Kettering Tyres paid local football club Kettering Town FC to print its logo on the front of the team shirt. The move caused ructions in what was then known as the first division and didn’t last long, but it did set a precedent for sponsorship that went to the next level this year. 41 years later, shirt sponsorship in the English Premier League (called Football League First Division back then), which brought in £226.5 million in sponsor revenues during the 2016-17 season, is very big business.

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Related news:

  1. Nexen Tire becomes Man City and the EPL’s first ever sleeve sponsor
  2. Nexen Tire continues ‘successful’ Manchester City FC sponsorship
  3. Nexen Tire back with Man City for 2019/20
  4. 3 more years: Nexen Tire extends Eintracht Frankfurt sponsorship
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Ronal Group opens new wheel factory in Spain

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The Ronal Group, a leading manufacturer of alloy wheels, has built a second plant in Teruel, Spain, which was officially opened on 10 October 2017. The Ronal Group has run a production and administration facility in the Aragón region of north-eastern Spain since 1983. The foundation stone for the latest plant was laid in February 2016.

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Related news:

  1. ZC Rubber’s Anji factory starts making tyres
  2. Bridgestone Announces Temporary Closures at European Facilities
  3. Toyo investing 390 million euros in Serbia tyre factory
  4. Pyramids Tires: $350 million Egyptian factory begins manufacturing
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Michelin invests in SmartDrive Systems

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Video safety and transportation intelligence firm SmartDrive Systems shares that Michelin North America has led a preferred-stock round of investment in the company. Michelin’s investment in SmartDrive continues the expansion of its strategy for fleet telematics and mobility services. SmartDrive says it will leverage the investment to “fuel its continued growth in video analytics and transportation intelligence, with a particular emphasis in the areas of R&D, sales and marketing, and expansion in North America and international markets.”

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Related news:

  1. Michelin suing Atturo over alleged patent infringement
  2. Michelin acquires telematics provider NexTraq
  3. Intermediate segment tyre production to benefit from Michelin investment in Romania
  4. Michelin, Sumitomo Corporation to pool tyre wholesale resources in USA & Mexico
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Three Bridgestone tyre plants in Europe to benefit from major investment

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Approximately 266 million euros are to be invested into three key Bridgestone production sites in Europe. In a statement covering its plans, Bridgestone Europe shares that funds will be directed towards expanding capacity at its Burgos facility in Spain and the Poznan and Stargard sites in Poland. The expansion projects will take places in phases over the coming five years, with all upgrades expected to be completed by early 2022.

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Related news:

  1. The thinking behind Bridgestone’s TomTom Telematics acquisition
  2. Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’
  3. Yanchang/Duraturn set their sights on European assets
  4. Nokian to invest $360 million in new US tyre factory
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Nokian breaks ground on new North America factory

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Nokian Tyres marked the beginning of building work on the company’s third factory on 20 September. The new greenfield site is located in Dayton (Rhea County), Tennessee, USA. Annual capacity will be 4 million tyres, with expansion potential in the future. The site will also house a distribution facility with a storage capacity of 600,000 tyres. Construction is scheduled to begin in early 2018 and the first tyres are to be produced in 2020.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

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  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

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Related news:

  1. Giti to build $560 million US tyre plant
  2. Georgia selected as location for $500 million Sentury Tire US factory
  3. Nokian to invest $360 million in new US tyre factory
  4. Sentury internationalising with US tyre factory investment
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Battery performance monitoring firm charged up by The Nucleus

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A new online service called dox that aims to help businesses keep on top of their battery consumption, is entering a venture building programme called The Nucleus, supported by The UK Lebanon Tech Hub (UKLTH) a joint initiative from the UK government and Banque du Liban, Lebanon’s Central Bank. dox helps firms track their battery usage, and show when batteries about to fail or need to be replaced. Currently, dox is in the middle of a private beta, in which companies can join the program and test the product for themselves. The company anticipates expansion into other significant markets, such as the automotive and drone industries. With the continued emergence of electric vehicles and the rapidly increasing uses for drones, battery management systems with software for the numerous fleets likely to grow with the increased use of EVs, dox states that there will be a significant demand for battery management systems.

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Related news:

  1. Northvolt raises US$1 billion for Europe’s first gigafactories
  2. £80 million funding for national battery facility
  3. New chapter in politics parallels new chapter in UK automotive manufacturing
  4. Cabot buys Chinese nanotube supplier for $115 million
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MTS launches ‘major upgrade’ to TyreClick

Micheldever Tyre Services (MTS) has launched what it terms “a major upgrade” to its TyreClick online retail site for independent customers. The company states that the upgrade represents one of the biggest and most significant investments in TyreClick since its launch in 2014, including a number of new design and user functionality features. The tyre wholesaler added that it would “never stop investing in its ambition to make TyreClick the best tyre selling site in the business” following the implementation of the new developments.

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Related news:

  1. Micheldever’s TyreClick to support independents’ online competitiveness
  2. TyreClick passes 30,000 orders
  3. MTS eyes mid-range opportunities as prices rise, develops e-commerce offering
  4. Independent tyre distributors building ships for choppy waters ahead
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BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’

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Eight hectares have been set aside at the Balkrishna Industries Limited (BKT) production site in Bhuj, India for the construction of a new carbon black plant. Last month the tyre maker’s Board of Directors approved an initial investment of Rs 1.5 billion (£18.1 million) for this project to add backward integration to BKT’s supply chain, and the company says the plant will not only provide a constant supply of raw materials for its tyre production, the carbon black produced in Bhuj will enable it to “better ensure raw material qualities thanks to the now even more accurate controls at the beginning of the entire manufacturing process.”

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Related news:

  1. Balkrishna to build carbon black plant
  2. BKT preparing for 51-inch giant tyre production at $500 million plant
  3. BKT carbon black plant to achieve 100% capacity by 2021
  4. Phase 2 trial production starts at BKT’s carbon black plant
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Bridgestone investing $304 million to expand plants in India

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A total of US$304.3 million has been earmarked for the expansion of two Bridgestone tyre factories in India. Over a period of five years, Bridgestone India Pvt. Ltd.’s Pune and Indore plants will be upgraded to accommodate the growth of India’s car parc. Production capacity at the two facilities is expected to rise by an estimated 15,000 tyres per day, giving a combined daily capacity of approximately 41,000 tyres by 2022.

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Related news:

  1. Apollo increases Chennai tyre plant by 50%
  2. Bridgestone’s Joliette plant to gain automated warehouse
  3. Bridgestone expanding truck/bus tyre capacity at Warren County, USA plant
  4. Bridgestone begins latest expansion at Polish car tyre plant
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Balkrishna to build carbon black plant

Balkrishna Industries, the firm behind BKT brand tyres, recently announced plans to build a 60,000 ton/year carbon black plant at its facility in Bhuj, Gujarat, India. No completion date was announced for the project that is estimated to cost roughly $23 million.

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Related news:

  1. BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’
  2. Early 2016 opening for BKT R&D centre
  3. BKT preparing for 51-inch giant tyre production at $500 million plant
  4. BKT: No USA plant for the “foreseeable future”
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Jiangsu General Technology establishes US tyremaking subsidiary

Jiangsu General Technology Co., Ltd. is establishing a wholly-owned subsidiary in the Georgia, US, which is likely to be called General Rubber (North America) Limited.

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Related news:

  1. Giti to build $560 million US tyre plant
  2. Tyre cord firm Kiswire continues US plant expansion
  3. Nokian breaks ground on new North America factory
  4. Jiangsu General investing US$300 million in Thailand tyre plant
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ZC Rubber installs artificial intelligence system

ZC Rubber has installed a smart factory project based on the ET industrial brain artificial-intelligence (AI) service system for manufacturing launched by Alibaba Cloud. The goal is to “greatly improve the production in the factories”, according to the company. The cooperation between ZC Rubber and Alibaba Cloud reportedly started at the end of 2016.

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Related news:

  1. ZC Rubber’s Anji factory starts making tyres
  2. Linglong IPO attracts 2000x more interest than offer
  3. Chinese tyre makers off-shoring in Southeast Asia
  4. Linglong lays foundation stone for fourth Chinese tyre factory
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Michelin unveils European Distribution Centre in Stoke-on-Trent

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Michelin Tyre has unveiled a new 53,500 square metre European Distribution Centre (EDC) at its UK headquarters in Stoke-on-Trent. The EDC came following £10 million of investment and has helped create 100 logistics and customer service jobs over the last 12 months.

In addition, work has begun on an additional 12,000 square metre warehouse for Michelin’s truck retread factory, also on Campbell Road. This new project is due to be completed by the end of this year.

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Related news:

  1. Michelin closing Ballymena factory, investing in Dundee and Stoke-on-Trent
  2. Fully automated Remix factory amongst the most modern in the Michelin group
  3. Retreader Seryt Tyres reports growth in a time of consolidation and attrition
  4. Michelin UK resuming production at Stoke retreading factory
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