Contract tyre manufacturing specialist SD International was present at Tyrexpo Asia with the Zeta range it first introduced in August 2016. Covering some 70 PCR, UHP and SUV sizes – with the portfolio growing to over 100 sizes in the second half of this year – these Zeta products are aimed at the USA and the ASEAN region.
The latest CRIA data, which was released by Chinese tyre industry association CRIA on 12 April, shows that Zhongce Rubber Group (also known as ZC Rubber) remains the number tyre manufacturer in China in terms of income, with 2016 sales of 18.38 billion yuan (RMB). Giti Tire’s Chinese operation (Giti Tire [China] Investment Co., Ltd.) trails by more than 6 billion yuan, but is a clear second place with 13.14 billion yuan in 2016 ahead of Sailun Jinyu Group, which reported income of 11.19 billion yuan last year.
Horiba Mira has joined forces with Coventry University to launch a new automotive research centre dedicated to developing intelligent, connected vehicle technology. The Centre for Connected & Autonomous Automotive Research will pioneer and test new developments to support the rapid growth within the global intelligent mobility sector and address future transport needs. The centre is located on an existing site at the heart of Mira Technology Park – which is also home to test centres run by a number of different tyre manufacturers. Its core objectives are to:
The East European market grew by over 5.1 per cent in 2016 and further growth is forecast for 2017, according to Clear International. The figure for 2016 is considerably lower than was anticipated at the beginning of the year and the difference is almost entirely attributable to developments in Turkey. Political instability had already undermined business confidence in early 2016 and then in mid year there was an attempted military coup. This had a dire and worsening effect on business investment resulting in 19,000 trailers being wiped from the Turkish forecast.
The ZC Rubber factory in Thailand is gaining a new line for the production of industrial tyres. The Chinese manufacturer shares that skid steer, telehandler, backhoe and pneumatic cross-ply forklift tyres will join the plant’s production portfolio when the new line enters operation next month.
Prometeon Tyre Group – the new name for Pirelli’s recentlly separated Truck, Bus, Agro and OTR tyres business – has signed a commercial agreement with Iveco Defence Vehicles, which calls for a partnership for the development and supply of tyres for new generation defence vehicles. The news is a big step forward for Prometoen as it shows the business’s willingness and ability to work at an international OE level.
A new research and development laboratory will facilitate Momentive Performance Materials’ testing and development of advanced compounds for the tyre industry. The 1,860-square metre (20,000-square foot) centre is located in Charlotte, North Carolina and has been set up with an investment of US$3.5 million. Momentive says it is “staffed by some of the industry’s foremost tyre researchers.” The silicones and advanced materials specialist intends for the facility to serve as a global hub for the discovery and development of new silane materials that can help tyre makers deliver products with lower rolling resistance, better wet traction and advanced performance.
Following Nokian Tyre’s Annual General Meeting, on 10 April 2017, the company’s board of directors held an organisational meeting in which Petteri Walldén was elected chairman of the Board and Tapio Kuula was elected deputy chairman of the board.
The global automotive advanced driver assist systems (ADAS) market will surpass 302 million units annually in 2022, according to new analysis from business information provider IHS Markit.
Bridgestone Americas has celebrated the ‘topping out’ of its new headquarters in downtown Nashville, Tennessee to mark the completion of the 30-storey structure. Joined by Nashville Mayor Megan Barry, Bridgestone Americas leaders also announced a new name for the headquarters; the new name, chosen by the company’s employees, is Bridgestone Tower.
We’re spoiled for choice when it comes to tyre trade exhibitions, and therefore the organisers behind these shows must compete to convince the industry that theirs is the one to visit. Tyrepress.com recently attended Tyrexpo Asia, and spoke with project director Andrew Tan about what he and his team have planned for the fair and for the Tyrexpo franchise in order to set it apart from the rest.
The tyre cord and fabric market will be worth over U$6 billion by 2024 on the back of robust growth in the automotive industry is the growth driver in the global tyre cord and tyre fabrics market size, according to a new report published by Global Market Insights. The US, India, Japan, China and South Korea are the prominent countries for the automotive sector and account more than 50 per cent of the global commercial and personal vehicle production in 2015. Growing middle class population along with rising consumer per capita disposable income in China and India will complement the automotive business growth by 2024.
A new indoor tyre test centre will be built at the Continental proving ground in Texas, USA. Around US$10 million will be invested to give the Uvalde site the capability of conducting indoor tests on all tyres manufactured in Continental’s North and South American plants.
In parallel with presenting its full-year 2016 results, Pirelli has revealed further details of its complex ownership structure and how it is splitting its consumer and industrial tyre business into two separate entities. The latest news is that, as of March 2017, TP Industrial holding (which owns the newly renamed PTG, which was called Pirelli industrial until recently – more on that later) has been separated out from Pirelli’s consumer tyre business. In practice this means the assignment of TP Industrial holding to Marco Polo, Pirelli’s sole shareholder. According to Pirelli, the assignment will “ensure that Pirelli and TP Industrial can pursue their own independent paths to growth and independently developed strategies”.
Pirelli’s new coloured edition tyres, which were launched at the Geneva Motor Show, have made their road-going debut with the Italian police force. Lamborghini has donated a new Huracan to Italy’s police, which like every Lamborghini is equipped with Pirelli tyres as original equipment. However, this is the first road-going example to use the new coloured edition tyres following their Geneva debut – and naturally, the colour that has been chosen is a specially-created police blue to match the Lamborghini’s distinctive police livery.