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UK News
RAC Selects LKQ Euro Car Parts to supply Mobile Mechanics
8th May 2024LKQ Euro Car Parts has become the ‘tier one’ supplier of car parts to more than 150 RAC Mobile Mechanics across the UK. LKQ will also be the preferred supplier to the RAC’s Approved Garage network – comprising of 900 garages that have been evaluated by RAC as providing a guaranteed high level of service.
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Circtec to supply bp with tyre-based marine fuel
8th May 2024Within the framework of an eight-year offtake agreement, UK-based tyre pyrolysis specialist Circtec will annually supply energy company bp with up to 75,000 tonnes of fuel and feedstock recovered from end-of-life tyres. Circtec will process these tyres at a plant it will set up in The Netherlands. In support of this offtake agreement, bp is providing Circtec a €12.5 million debt finance facility to contribute to the capex for expanding this plant into a commercial-scale operation.
Continue ReadingInternational News
- Tyre and automotive investments key to China’s Ironclad friendship with Eastern Europe
- SRI collaborating with Thai university on sustainable natural rubber research
- Prinx partners with United Soccer League
- Linglong Tire, JD.com sign partnership agreement
- Michelin investing in Poland, China car tyre production
Product News
Motorsport News
Retreading News
- 2024 marks 50 years of Bulldog and 20 years of Bridgestone partnership
- Brenno Benaglia, a pillar of the retreading business, has passed away
- Kraiburg Austria preparing for future retreading with “targeted measures”
- R&D, TIP and Alphatread amongst Hankook’s sustainability and retreading achievements
- The importance of the UK tyre retreading sector to sustainability
Goodyear reports net loss of $57 million in Q1 2024 figures
While Goodyear reported a net loss of $57 million in the first quarter of 2024, other metrics suggest that the company’s financial situation is offering signs of improvement. A strong showing from the Asia Pacific region and the welcome “stabilisation” of truck tyre demand in EMEA were both notable examples of improvement alongside the impact of Goodyear’s well-documented Goodyear Forward transformation plan.
Continue ReadingConti acquisition of Goodyear OTR ‘a complementary fit’ and analysts’ preferred ‘area for capital allocation’
Valuing Goodyear’s for-sale OTR tyre business at between $800 million and $1 billion, financial analysts have evaluated a hypothetical acquisition of the unit by Continental AG as “a complementary fit”. Writing in an investor’s note dated 23 April 2024, the Jefferies report endorsed the business case behind the scenario:
Continue ReadingTire Cologne 2024: From cutting-edge new tyres to technology and sustainability
Ticket sales for the Tire Cologne got underway about a month ago at the end of March. Around the same time, Koelnmesse, the organisers of arguably the European tyre business’s largest exhibition published its exhibitor list. Now Koelnmesse is previewing what visitors to The Tire Cologne will be able to experience when the show runs between 4 and 6 June 2024.
Continue ReadingSustainably affordable – Conti Eco 5
During the official launch of its fifth-generation Conti Eco truck tyre range, the team at Continental frequently touched on the subject of sustainability, addressing this as both as a desirable target for fleets and as a factor driving massive legislative change in Europe. Cost pressures were also high on the agenda. To accommodate the demands posed by both factors, Continental states its aim of finding the right balance, meeting cost targets in the most sustainable way.
Continue Reading2024 marks 50 years of Bulldog and 20 years of Bridgestone partnership
The Bulldog operation was founded in 1974 as part of the Sleaford Tyre Company Group and first supplied retreads to Bridgestone in the mid-1990s, before Bridgestone purchased it outright in 2005. A significant part of Bulldog’s recent history is made up of an increasingly close collaboration with Bridgestone. To be more specific, the two companies started working together in 1992, when Bulldog began making test tyres for Bridgestone. By 1995, Bulldog had become a major Bridgestone retreading p
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