Electrical and vision related component supplier ELTA Automotive will mark its 25th anniversary and the launch of its VisionPro and VXPro brands by sponsoring the Large Garage award at the forthcoming Garage of the Year ceremony, held during Automechanika Birmingham in June.
General Motors recognized its most innovative partners at its 26th Supplier of the Year awards ceremony on 20 April in Orlando, Florida. Recipients of the Supplier of the Year award include 125 suppliers from 17 countries, with 16 first-time winners, as well as 11 companies who earned GM’s Innovation Award, Overdrive Award and Customer of the Year award.
Canada-based Gratomic Inc. has signed a letter of collaboration with Perpetuus Carbon Technologies Limited to develop and market graphite-derived graphenes and graphene hybrids for tyre elastomers. According Gratomic, a number of end-user customers (which in this case means tyre manufacturers) are already road-testing tyres based on this material. Bicycle tyres, motorbike tyres, military tyres and race tyres are said to be key areas of interest.
On 23 April Alliance Tire Group (ATG) launched its first radial construction OTR tyre range under its Galaxy brand. The range, which was launched at the Intermat exhibition in Paris includes the HTSR 400 E4 and L4 for dump trucks; the LDSR 300 E3 and L3 for wheel loaders; and the MGSR 200 G2 for graders used on uneven surfaces.
At last count, around 600 companies and brands were signed up as exhibitors at the inaugural The Tire Cologne, with many poised to unveil their latest products and innovations at the show. This meeting of the tyre world’s ‘Who’s Who’ is of course too good an opportunity for Tyres & Accessories/Tyrepress.com to miss, and our team will be present and reporting the latest news from the fair. We’ll also be there as an exhibitor in our own right together with our international partner titles, and we welcome visitors to pay us a visit.
Poland, Russia and Turkey, the three largest trailer markets in Eastern Europe, all rallied in the second half of 2017 to push total trailer demand for the region back over 90,000 units for the first time in 10 years, according to Clear International data, which adds: “The strong demand will carry forward into 2018 so that the market will grow by another 4.0 per cent”.
Production at the Michelin tyre plant in Ballymena, Northern Ireland came to an end last week. Although the facility won’t officially close until 30 June, The Belfast Telegraph writes that production ended last Wednesday, with the final tyre finished the following day.
Goodyear Tire & Rubber reports that its sales in the first quarter of 2018 were, at US$3.8 billion, four per cent higher than those a year earlier, even though tyre unit volumes were down 2.5 per cent year-on-year to 39 million. Segment operating income was down in the first quarter, however, declining 28 per cent from $390 million a year ago to $281 million. Goodyear says this decrease was driven by the impact of higher raw material costs.
Simple checks could prevent almost three-quarters of motorway incidents related to tyre failure. This is one of the conclusions of an 18-month study conducted by Bridgestone and Highways England. More than 30 people were killed or seriously injured in motorway accidents in 2016 due to illegal or faulty tyres.
Pneumatic Components (PCL) is exhibiting at the inaugural ‘The Tire’ event in Cologne (29 May – 1 June 2018). PCL will showcase its market-leading tyre inflation products including the MK4 series and brand-new innovations, the N72 mobile nitrogen cart, and QUBE Series 2.
One of the world’s best-known wheel brands is making a comeback in the UK. Aftermarket alloy wheel supplier Wheelwright reports that British buyers will soon once again be able to get their hands upon Momo rims and also kit their cars out with Momo tyres.
Effective 1 June 2018, Cabot Corporation is increasing prices for carbon black products sold by its Reinforcement Materials segment in North America. All Vulcan, Sterling, Regal, Spheron and Propel carbon black products will increase by $0.045/lb except for Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon blacks. In addition, prices will increase by 4 per cent for Black Pearls, Monarch, CRX, Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon black products.
Cabot Corporation has announced that Eduardo Cordeiro, executive vice president, chief financial officer (CFO) and president of the Americas Region, will retire from Cabot at the end of 2018. He steps down from these roles effective 15 May 2018 at which time Erica McLaughlin, the company’s vice president of business operations for Cabot’s Reinforcement Materials segment and general manager of the tyre business, will become senior vice president and CFO. Cordeiro will remain with Cabot in an advisory capacity through the end of the year to assist in a smooth transition.
Cabot Corporation has completed two expansion projects extending its global footprint in black masterbatch and compounds and increase manufacturing capacity. The expansion has been achieved via an acquisition and the addition of capacity in Belgium.