Wheel-maker GKN launches new website
GKN Structures, the Telford-based industrial wheel manufacturer, has launched a new website. The site’s new URL – www.gknstructures.com – is designed to help with google searches.
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GKN Structures, the Telford-based industrial wheel manufacturer, has launched a new website. The site’s new URL – www.gknstructures.com – is designed to help with google searches.
Kumho’s next generation e-NIMF and e-TOPS tyres have been honoured with 2020 International Design Excellence Awards (IDEA). Having already received iF and Red Dot accolades in February and March respectively, has now won three of the world’s top design awards in the same year.
Andrew Rowson, co-founder and Head of Services at ecommotors is joining the panel at the next the Automotive Aftermarket Webinar Series, ‘Digitalisation; Accelerating the recovery of the aftermarket,’ which will take place on 29 September.
On 3 July 2020 the UK government issued advice on the port-side storage of tyre shred via a time-limited Environment Agency Regulatory Position Statement (RPS 238). RPS 238 was updated on 15 September 2020 and lasts until 30 June 2021.
Members of the Global Platform for Sustainable Natural Rubber (GPSNR) convened the annual General Assembly on 23 September 2020. The event saw the approval of a members’ sustainability policy framework and the creation of a new membership category for smallholder producers of natural rubber.
The tyre manufacturing output of Iranian factories increased 26 per cent in the first five months of the current Iranian calendar year (1399 and specifically the period between 20 March and 21 August 2020) compared with the same period last year. Such growth is consistent with the Iranian tyre industry’s 10-year plan to double in size by 2025, which was publicised in 2015. And it also corresponds to earlier optimism related to Iranian tyre market growth, but what do the latest figures tell us about the product mix of the Iranian national tyre production base?
The Russian SME Bank has lent 48.7 million rubles (£497,000; 541,582 euros; US$633,100) to Intech Eco LLC, a tyre pyrolysis plant based in the Novokuznetsk industrial park, at the start of September 2020. According to local news reports the loan is for the purpose of building a large tyre disposal facility. Financing will be provided for five years under a program of Russia’s Ministry of Economic Development (according to the Russian Government’s Decree No. 1764 dated 30 December 2018). The loan is said to be secured by a guarantee from Russian Small and Medium Business Corporation (RSMB Corporation), covering up to 50 per cent of the loan amount.
BASF SE has announced that it is investing 16 million euros into Pyrum Innovations AG, a technology company specialized in the pyrolysis of waste tyres, headquartered in Dillingen/Saar, Germany. With the investment, BASF will support the expansion of Pyrum’s pyrolysis plant in Dillingen and the further roll out of the technology. BASF’s Pyrum investment follows the company’s partnership with New Energy, a similar tyre-derived oil project based in Budapest, Hungary at the start of September 2020.
Marangoni has enlarged its range of pre-cure rings and treads for winter applications with a new product, the Ringtread Blackline ICE202. This 3PMSF drive tyre pattern was developed with long-haul use and “severe winter conditions” in mind, such as those encountered in Nordic countries. The ICE202 is already available in size 315/70R22.5, with 275/70R22.5 and 295/80R22.5 to follow soon.
The UK is at risk of losing out to the rest of Europe when it comes to the automotive lithium ion battery recycling market, according to a new research report published this week by WMG at the University of Warwick and backed by the Advanced Propulsion Centre UK, the High Value Manufacturing Catapult and Faraday Battery Challenge at Innovate UK.
Cooper Tire & Rubber Company released its eighth annual Corporate Social Responsibility (CSR) and Sustainability Report – “Responsibility the Cooper Way” – on 21 September.
The UN Global Compact CFO Taskforce for Sustainable Development Goals (SDG), brought together Chief Financial officers from leading companies around the world to launch “CFO Principles of Integrated SDG investments and finance” in the context of the 75th UN General Assembly on 21 September 2020.
While speculation continues relating to the apparent sale of the Kwik-Fit tyre retail business, we do know that the Itochu-owned enterprise sold the freeholds to 26 of its branches in a double-digit million-pound series of transactions during the first half of 2020.
On Friday 18 September 2020, it emerged that Kwik-Fit and European Tyre Enterprises Ltd (ETEL) owner Itochu has appointed investment bankers Nomura to act as its strategic investment consultancy with relation to the future of its European tyre business. The move has been widely interpreted as sale preparation. In light of the news, Tyres & Accessories contacted ETEL and Kwik-Fit representatives in order to find out more. Both declined to comment officially. However, supplementary information on Itochu’s third-quarter 2020 and full fiscal year 2020 results give further details of the conglomerate’s explanation as to why the company did not present a 2021 profit forecast for ETEL as it normally would.
DriveRightData is partnering with Bridgestone, providing tyre identification and product matching capabilities data for the tyre manufacturer’s recently-launched Mobox monthly tyre and car maintenance subscription service. DriveRightData information supplied includes brand name, product name, description, tyre and tread images, tyre size, pressure, rim size, load and speed index, run-flat capability, EU required labelling information and barcodes.
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