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Falken sponsors Audi Nines event

Falken sponsors Audi Nines event

18th September 2019 | 0 Comments

Falken has sponsored the Audi Nines mountain bike event for the second time. The Audi Nines held its winter sports equivalent in Obergurgl-Hochgurgl, Austria, at the end of April. Nearly 4,000 spectators experienced the spectacle live at the Ellweiler quarry near Birkenfeld last Saturday. 28 of the world’s best mountain bikers from eleven nations gathered there to spend a week producing film and media content in a spectacular setting, with a public contest day as the crowning finish to a successful weekend.

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U.S. Senator to Goodyear: Workers are ‘tired of this corporate race to the bottom’

U.S. Senator to Goodyear: Workers are ‘tired of this corporate race to the bottom’

18th September 2019 | 0 Comments

The U.S. Senator representing the home state of Goodyear Tire & Rubber Company has written to the tyre maker, imploring it to improve the renumeration and treatment it gives workers at its plant in San Luis Potosí, Mexico. Sherrod Brown, Senator for Ohio, urged Richard Kramer, Goodyear’s chairman, president and chief executive officer, to “take immediate steps” to improve both. He also criticised Goodyear’s decision to recently prevent Members of the United States Congress from touring the facility.

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Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon

Yokohama to buy ex-Pirelli commercial/industrial tyre business Prometeon

17th September 2019 | 0 Comments

Japanese tyre and rubber manufacturer Yokohama is planning to invest into and even buy Prometeon, the new name for the former Pirelli commercial and industrial tyre manufacturing operation, according to a range of sources. Tyres & Accessories first heard this news in July and then the Italian financial press subsequently suggested that Prometeon’s shareholders were considering restructuring Prometeon’s ownership. Yokohama is understood to be leading the suitors. The official Yokohama/Prometeon investment announcement is expected during the course of the next week or so.

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Magna Tyres Group opens USA office

Magna Tyres Group opens USA office

16th September 2019 | 0 Comments

Magna Tyres Group shares that it has opened a sales office in the USA. Its premises in Fort Lauderdale, Florida opened on 1 September and is the company’s second office in North America. Magna Tyres Group has been present in the region since establishing a sales office in Canada at the start of this year.

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2nd Algerian tyre plant: Doublestar participating in JV

13th September 2019 | 0 Comments

Buried within the more than 134 pages of Qingdao Doublestar’s latest semi-annual report is the news that the state-owned tyre maker will extend China’s ‘one belt, one road’ strategy by working with a local partner to establish a tyre production facility in Algeria. The Chinese-language document states that its subsidiary Hong Kong Doublestar signed a joint venture agreement with El Hadj Larbi Pneumatiques during the reporting period.

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Hankook Tire postpones Hungary truck tyre plant

Hankook Tire postpones Hungary truck tyre plant

13th September 2019 | 0 Comments

News reports from Hungary suggest Hankook Tire has put on hold plans to set up a truck tyre production unit at its Rácalmás plant. English-language publication the Budapest Business Journal writes that fellow business daily Világgazdaság shared this news with its readers yesterday.

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Cooper recalls certain Roadmaster RM852 tyres in the US

12th September 2019 | 0 Comments

In the US, Cooper Tire & Rubber Co. (Cooper) is recalling certain Roadmaster RM852 EM tyres. According to a NHTSA recall notice published on 23 August 2019, the problem is that the “innerliner gauge may be too thin, allowing the tyre sidewall to fail.”

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GRI acquires Nortire OU

GRI acquires Nortire OU

12th September 2019 | 0 Comments

Sri Lanka-based speciality tyre manufacturer GRI reports that it has acquired the Estonia-based Nortire Group. Headquartered in Estonia, with a branch in Latvia and two branches in Lithuania, Nortire is a speciality tyre distributor. According to GRI, the acquisition will further expand the GRI’s global tyre service network, while attaining a significant foothold in the North European tyre market. The news follows a non-acquisition Middle East strategic partnership with Al-Dobowi in April 2019.

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Fedima manufacturer Recauchutagem 31 celebrates golden anniversary

Fedima manufacturer Recauchutagem 31 celebrates golden anniversary

11th September 2019 | 0 Comments

Portuguese retreader Recauchutagem 31 has celebrated 50 years in the business with a celebration attended by some 400 guests. From humble beginnings with just five employees and a 400 square metre facility in 1969, the retreader has grown over the years into a business that employs 88 and produces up to 500 tyres a day in sizes up to and including 27.00R49. Commenting on the company’s half century, Carlos Marques, chief executive officer of Recauchutagem 31, said: “Many thanks to our employers, our suppliers and our customers for help us these 50 years working with the best quality.”

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Toyo supporting Bundesliga team Fortuna Duesseldorf till 2022

Toyo supporting Bundesliga team Fortuna Duesseldorf till 2022

11th September 2019 | 1 Comment

Toyo Tires has sponsored German Bundesliga team Fortuna Duesseldorf for four seasons now and has signed a contract for a further three seasons until 2022. During this time Toyo has followed the team on their journey from Bundesliga 2 to Bundesliga 1.

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Algeria, & then the world: Iris Tyres brings ‘competitive’ range to market

Algeria, & then the world: Iris Tyres brings ‘competitive’ range to market

11th September 2019 | 0 Comments

Algeria is once again a tyre-making country. Some six years after Michelin closed its plant in Algeria, Iris Tyres has brought the country back into the game with a new plant equipped with state-of-the-art machinery. The first products in an extensive range of tyres went on sale in July, and plans are in place to extend the product portfolio over the next couple of years.

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Serbia to become PCLT tyre production hub

Serbia to become PCLT tyre production hub

10th September 2019 | 0 Comments

When Toyo recently announced its intention to build a new tyre plant in Serbia it consolidated the country’s position as the leading location for new passenger car and light truck (PCLT) tyre manufacturing capacity in Europe. Toyo’s proposal follows Linglong’s decision to build its new European plant in the country and Cooper Tire’s plan to double the size of its facility there. Based on analysis of all announced capacity actions by Astutus Research (plant opening and expansion net of closures and downsizing), the Czech Republic is a distant second in terms of planned capacity additions between 2018 and 2026.

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Kumho plant workers vote for USW representation

10th September 2019 | 0 Comments

US-based industrial union the United Steelworkers reports that it now represents approximately 325 workers at the Kumho Tire factory in Macon, Georgia. The workforce’s status as a bargaining unit comes almost two years after an initial vote on the matter was held.

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Zufall consolidates German tyre logistics operations

9th September 2019 | 0 Comments

Zufall Logistics of Germany has set up a subsidiary to consolidate its tyre logistics services in the country. Zufall Tire Logistics will take over the services previously handled by sister company Müller + Partner. The company is reportedly serving customers including Korean suppliers Hankook Reifen Deutschland and Kumho Tire Europe.

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Lassa reports 60% growth in tyre exports

9th September 2019 | 0 Comments

Lassa Tyres has reported that the brand has grown international exports by 60 per cent during the last five years. Top countries, where Lassa Tyres were sold during 2018 include Egypt, Italy, Germany, Austria, Ukraine and Morocco.

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