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Yokohama ‘honoured’ to receive NTDA Marketing Campaign of the Year Award

Yokohama ‘honoured’ to receive NTDA Marketing Campaign of the Year Award

Monday 16th October 2017 | 0 Comments

Yokohama stated that it was “honoured” to secure the NTDA Marketing Campaign of the Year Award 2017. In its award-winning campaign, the manufacturer utilised its partnership with Chelsea Football Club to generate high-profile awareness of tyre safety issues, creating a powerful call to action encouraging football fans to check their tyres and travel safely.

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2017 Tyre Industry Awards winners announced

2017 Tyre Industry Awards winners announced

Monday 16th October 2017 | 0 Comments

The winners of the UK’s “tyre industry Oscars” have been announced following a five-month submissions process. Tyres & Accessories was present for the ceremony and, as in previous years was on hand to live tweet the results.

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Three Bridgestone tyre plants in Europe to benefit from major investment

Three Bridgestone tyre plants in Europe to benefit from major investment

Monday 16th October 2017 | 0 Comments

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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Yokohama Celebrates Centenary

Friday 13th October 2017 | 0 Comments

The Yokohama Rubber Company Ltd is today celebrating its 100th anniversary since it was founded in the city of Yokohama, Japan on 13 October 1917.

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Belshina produces first 63-inch tyre

Belshina produces first 63-inch tyre

Friday 13th October 2017 | 0 Comments

Belarus-based tyre maker Belshina JSC reports the production of its first 63-inch mining tyre. The tyre, which has a diameter of more than four metres and weighs 5.7 tonnes, is intended for fitment on dump trucks used in quarry and mining applications. Belshina reports that the tyre’s capacity exceeds 100 tonnes thanks to its steel cord casing, and it can be used at ambient temperatures between -55ºC and +45ºC.

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Elective publishing of Pirelli quarterly results

Friday 13th October 2017 | 0 Comments

In order to continue “its practice to date” and with the aim of “guaranteeing continuity of information to the market,” Pirelli & C. S.p.A. has announced it will continue to publish, on an elective basis, the additional financial information indicated in article 82-ter of Consob Regulation 11971/99.

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Bridgestone closing Firestone Fibers and Textiles plant in Canada

Thursday 12th October 2017 | 0 Comments

Operations at the Firestone Fibers and Textiles plant in Woodstock, Canada will cease by the end of next year, reports Bridgestone Canada Inc. The company’s decision to close the facility, whose product portfolio includes reinforcement materials for Bridgestone Americas Tire Operations, will affect a total of 170 employees. Bridgestone intends to close the plant in phases, beginning 31 December 2017 and culminating in the total cessation of operations in the second half of 2018.

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Falken to launch latest summer tyres at Equip Auto 2017

Falken to launch latest summer tyres at Equip Auto 2017

Wednesday 11th October 2017 | 0 Comments

Falken plans to launch its latest summer tyres during its debut as an exhibitor at the Equip Auto trade show in Paris (17-21 October 2017). The new Ziex ZE310 Ecorun summer tyre, available from spring 2018, will be launched as the successor to Falken’s Ziex ZE914 Ecorun. Falken says the new tyre offers outstanding traction and grip on both wet and dry roads coupled with low wear.

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Point S opens first store in Malaysia

Point S opens first store in Malaysia

Wednesday 11th October 2017 | 0 Comments

On 5 October (the day after Chinese mid-Autumn festival) Point S auspiciously opened its first store in Petaling Jaya, Malaysia a short 30 mins drive from Kuala Lumpur city Centre. The news comes barely after Malaysia’s public listed GIIB group signed on as a licensee of Point S Malaysia. GIIB group, is known for its “Supercool” brand of retread rubber.

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Goodyear ups common stock dividend by 40 per cent

Wednesday 11th October 2017 | 0 Comments

The Goodyear Tire & Rubber Company has increased the company’s quarterly common stock dividend to 14 cents per share from 10 cents per share. The 40 per cent dividend increase represents an annual rate of 44 cents per share for 2017 and 56 cents per share for 2018.

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Online sales an extension of Stapleton’s founding ethos

Online sales an extension of Stapleton’s founding ethos

Wednesday 11th October 2017 | 0 Comments

When Sydney Stapleton set up his business in a simple shop parade at 195 High Street, Watford in 1937 he was one of a number of businessmen taking advantage of the growing market for tyres. Growing his business through the 1950s and ‘60s, his personal renown as one of the industry’s most dynamic characters and an entrepreneur of considerable foresight followed. The location of its headquarters in the vicinity of the M1 is testament to this – in the 1960s Stapleton’s supplied replacement earthmover tyres used to build the Watford-Milton Keynes stretch of the motorway.

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MTS eyes mid-range opportunities as prices rise, develops e-commerce offering

Wednesday 11th October 2017 | 0 Comments

The reduced buying power of the pound is one of the few persistent themes in this period of Brexit induced flux. For the UK’s tyre distributors, it also compounds the effects of rising raw materials prices, and wholesalers must negotiate this period to help support retailers and their already slim margins.

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Ceat acquires land for new tyre plant

Wednesday 11th October 2017 | 0 Comments

India’s Ceat Ltd. has acquired 163 acres (66 hectares) of land in Chennai for building a new factory. The deal was concluded by JLL India, the country’s largest real estate consultancy, who also negotiated associated incentives with the government of Tamil Nadu state.

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Iran’s Yazd supplying OE tyres to Renault

Iran’s Yazd supplying OE tyres to Renault

Wednesday 11th October 2017 | 0 Comments

Groupe Renault has reportedly approved the supply of 50,000 tyres from Iranian tyre maker Yazd Rubber Industries Complex to its subsidiary Renault Algérie. IFP News writes that in addition to supplying Renault, Yazd is now also in negotiations with Volkswagen following the car maker’s entry into Iran.

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XPO extends Michelin contract to UK, Portugal and Luxembourg

XPO extends Michelin contract to UK, Portugal and Luxembourg

Wednesday 11th October 2017 | 0 Comments

Michelin solutions has been awarded a major contract with XPO Logistics, a leading global provider of transport and logistics solutions, to provide a tailored tyre management solution across nearly 80 per cent of its 17,000-strong European fleet. The tyre maker notes that the three-year agreement represents one of the largest and most complex commercial vehicle tyre contracts in the sector.

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