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Delticom launches MobileMech business at Autopromotec

Delticom launches MobileMech business at Autopromotec

Friday 23rd June 2017 | 0 Comments

Here’s the basic idea: Whether you’re at home or at work, the MobileMech mobile tyre service comes directly to you. In other words Delticom has launched a mobile tyre fitting and light car maintenance business called MobileMech. The MobileMech concept is run through a subsidiary company Delticom eponymously calls MobileMech. In business terms the deal is a franchise/partnership model. It has been developed over a period of five years by a team of experts in order to “best meet the needs of customers and partners alike”, according to the company.

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Michelin cuts jobs in France and the US

Michelin cuts jobs in France and the US

Thursday 22nd June 2017 | 0 Comments

Michelin has announced plans to significantly reorganise globally, resulting in significant job losses in France and the US most of which will be covered by natural attrition. In the United States 450 jobs in central functions are to be cut between 2018 and 2021. According to Michelin, 1,500 employees would actually leave the company in the same period, suggesting a large majority will result from natural attrition and retirement.

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Public offer: Michelin, SIFCA looking to wholly acquire rubber producer SIPH

Thursday 22nd June 2017 | 0 Comments

Acting in concert with Ivory Coast-based company SIFCA, Michelin has opened a simplified cash public tender offer through its 99.99 per cent-owned subsidiary Compagnie Financière Michelin SCmA (CFM) to acquire the 841,285 shares in natural rubber company Société Internationale de Plantations d'Hévéas (SIPH) not currently held by the two parties. Michelin states that it and SIFCA will pay 85 euros for each share in the West Africa-based rubber producer and marketer.

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Normal operations resume at Evonik’s C4 plant in Antwerp

Thursday 22nd June 2017 | 0 Comments

According to a statement issued by chemical company Evonik Industries this week, its C4 integrated production facility in Antwerp site was successfully restarted earlier this month. It added that “thanks to the extraordinary performance of the operating team,” the facility was able to resume normal operation in mid-June.

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Continental to present diesel technologies at IAA

Continental to present diesel technologies at IAA

Thursday 22nd June 2017 | 0 Comments

Rhetoric coming from some corners would have us believe that diesel cars are evil and electric vehicles are the way, the truth and the light. Yet the humble diesel and its petrol-driven cousin aren’t finished yet. Not by a long way. Growing global demand for mobility will see internal combustion engines remain with us for some time to come, hopefully long enough for the champions of electromobility to overcome the technology’s current drawbacks.

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Evonik signs new €1.75 billion syndicated credit facility

Wednesday 21st June 2017 | 0 Comments

Evonik Industries AG has secured improved conditions through the refinancing of its existing syndicated credit facility with a group of 18 banks. The new credit facility with an unchanged volume of 1.75 billion euros has a term of five years, with the option of two extensions of one year each. It will end in 2024 at the latest.

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Wholesaler TTI sets up Reifen Kraftwerk for tyre distribution in Germany

Wholesaler TTI sets up Reifen Kraftwerk for tyre distribution in Germany

Wednesday 21st June 2017 | 0 Comments

Following the signing of an agreement with Sailun at the Tyrexpo Asia show in April, Tyre Trading International’s Peter-Alexander van ‘t Hof has set up a tyre distribution company in Germany. The Düsseldorf-based firm is called Reifen Kraftwerk GmbH (RKW) and has been established together with Oliver Wirt, who brings with him two decades of tyre industry sales experience, most recently for Euro Tyre in Germany. As of this month, Reifen Kraftwerk is supplying the German market from a warehouse in the Rhineland.

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Inventors awarded at Goodyear ceremony

Inventors awarded at Goodyear ceremony

Wednesday 21st June 2017 | 0 Comments

Goodyear recently honoured 140 Goodyear engineers and associates at a ceremony in Luxembourg. The 39th patent award celebration in Mondorf-les-Bains was attended by numerous regional Goodyear leaders and opened by Bernd Kutsch, who is in charge of the Goodyear Innovation Centre Luxembourg patent department. Marc Hansen, Luxembourg’s Minister Delegate for Higher Education and Research, was guest of honour at the event.

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Nizhnekamskshina: 8.8 million tyres made last year

Tuesday 20th June 2017 | 0 Comments

At its recent annual shareholders’ meeting, the chief engineer of Russian tyre maker PJSC Nizhnekamskshina reported the company’s output for 2016. According to Aidar Belyaev, last year Nizhnekamskshina produced a total of 8,771,420 tyres.

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Bridgestone invests in proactive ride technology

Bridgestone invests in proactive ride technology

Tuesday 20th June 2017 | 0 Comments

Bridgestone Americas, Inc. has made a strategic investment in ClearMotion, Inc., a venture-backed technology company developing road sensing software and hardware that is said to dramatically improves ride performance in cars. As part of the investment, Bridgestone will have opportunities to integrate and leverage ClearMotion’s technology to rapidly engineer new solutions for the automotive industry. The USA-based Bridgestone subsidiary has not disclosed the amount it has invested in ClearMotion.

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Motor Dealer report pessimistic over profits and Brexit

Motor Dealer report pessimistic over profits and Brexit

Monday 19th June 2017 | 0 Comments

The second annual MHA Motor Dealer report reveals a significant drop in optimism amongst UK motor dealers around the prospects for profitability in the sector this year. 76 per cent of dealers surveyed said they expected profits to drop or remain static for the year, that’s an increase of 20 per cent from 2016.

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New client liaison officer appointed by CAM

New client liaison officer appointed by CAM

Monday 19th June 2017 | 0 Comments

CAM has appointed a new client liaison officer as part of the business’ ongoing expansion of its customer service commitment. An experienced sales and administration professional, Anna Morris will be the main point of contact for CAM’s existing customers. She will meet with customers face-to-face to facilitate ongoing client contact enabling tyre dealers to be current with the full suite of software and data solutions that CAM offers to help them expand their business opportunities.

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Accuride agrees to buy Mefro

Monday 19th June 2017 | 0 Comments

Accuride Corporation has entered into an agreement to buy Mefro Wheels GmbH. Headquartered in Solingen, Germany, Mefro Wheels is a privately-owned supplier of steel wheels to the European and Asian passenger car, light vehicle and commercial vehicle industries and maintains manufacturing operations in Germany, France, Turkey, Russia and China.

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Millbrook expanding Test World facilities in Finland

Millbrook expanding Test World facilities in Finland

Monday 19th June 2017 | 0 Comments

Millbrook Group is to expand its Test World site in Finland, which will see it become Europe’s leading location for tyre testing. The project will increase the capacity for testing on natural snow and ice, and introduce wet and dry braking, aquaplaning and split friction surfaces. News of the expansion project was announced on 12 June.

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CAMCE signs to build Morocco tyre plant with Tijan Petroleum

Monday 19th June 2017 | 0 Comments

On 15 May CAMCE signed a commercial contract with Tijan Petroleum Co. Ltd. to build a new tyre plant in Morocco. According to local news reports, CAMCE vice president Hu Wei signed the contract with Tijan vice president Ibrahim Khayat witnessed by chairman Luo Yan of CAMCE and executive vice president Ahmed Khayat of Tijan.

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