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Company News

Evonik expands commercial and lab space at US facility

Evonik expands commercial and lab space at US facility

Specialty chemical company Evonik Industries has inaugurated a new facility in North America, its Richmond Business and Innovation Center. Along with other company executives and local, regional and state dignitaries, Evonik Industries’ executive board chairman Dr. Klaus Engel cut the ribbon for the new US$15.4 million facility on 21 July. With the new facility, Evonik more than doubles its laboratory and commercial space in the Greater Richmond area, and is expected to add 50 jobs there over the next five years.

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UK News

High-mileage drivers most sceptical of speed cameras’ value – IAM

High-mileage drivers most sceptical of speed cameras’ value – IAM

According to a white paper issued by the Institute of Advanced Motorists’ (IAM) Drive and Survive division, drivers who cover high mileages are the category of road user most likely to think speed cameras have ‘little or no influence’ in reducing road casualty numbers in the UK. The paper, titled Speed Cameras – The Views of High Mileage Drivers, also found 28 per cent of high-mileage drivers have a negative view of speed cameras – ten per cent more than other drivers. More than half the high-mileage drivers surveyed for the paper also viewed speed cameras as little more than a ‘money making tool’ – more than another category of road user.

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International News

Pioneering Ringtread partner increases capacity

Pioneering Ringtread partner increases capacity

Marangoni Retreading Systems reports the installation of a new Ringbuilder 3003 at the plant operated by Reifen Müller GmbH, one of Europe’s largest retreaders. The long-time Marangoni partner was the first European retreader to use the Ringbuilder technology, and this additional machine gives the Reifen Müller facility in Germany the capacity to turn out a further 200 tyres every eight hour shift.

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Motorsport

Fontanesi claims record fourth consecutive World Motocross title

Fontanesi claims record fourth consecutive World Motocross title

Dunlop riders claimed wins and podiums across the board at the FIM Motocross World Championship Czech Republic grand prix, with Italy’s Kiara Fontanesi claiming the Women’s title on her Yamaha. Dunlop’s Geomax MX32 medium terrain tyres helped the Dunlop riders with five finishing in the MXGP top-ten.

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Product News

Ford helps drivers see the light

Ford is developing new lighting technologies that will enable drivers to more easily identify potential hazards, including pedestrians, cyclists and animals. Ford’s camera-based advanced front lighting system can widen the beam at junctions and roundabouts to better illuminate hazards that are not in the direction of travel.

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Career Tracks

Wolf to support Aeolus Tyres’ retail development in D-A-CH

Wolf to support Aeolus Tyres’ retail development in D-A-CH

Aeolus Tyres Europe aims to grow within the passenger car, SUV and van tyre segments, and in order to do is appointing managers in various European markets to support the tyre maker’s local partners. The first of these new hires has now been named – Marc Wolf has taken on the role of national retail development manager for Aeolus Tyres Europe’s German-speaking markets. The company says it will report on appointments for other Western European markets “in due course.”

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Comment

Game theory: talk of a Grexit teaches us to expect the unexpected

The Greek people just voted “no” in their recent referendum on whether to accept bail-out terms that would have meant tougher austerity measures for the domestic economy. At the time of going to press, the consensus is that this move will be interpreted as a no to the euro and it has prompted much speculation that Greece will be forced to leave the eurozone, return to the drachma, create a new currency and/or some combination of the above. Of course, any economic change of this scale is bound to have an impact on the way business is done across European boundaries. But as well as the direct practical implications, a number of key features of the saga provoke wider comparisons.

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