Responsible corporates need to give back: GRI aids Sri Lanka during pandemic
Sri Lankan tyre maker GRI Tires strives to be a responsible company that always recognises the importance of giving back to the country and its people, especially in times of need. Managing director Prabhash Subasinghe states that it “is ingrained in our DNA as an organisation to give back to society.”
EV recharging facilities for Pirelli’s Driver network
Pirelli is working with energy sector company Enel X to set up electric vehicle recharging infrastructure in selected Pirelli ‘Driver’ tyre centre outlets. The two companies signed an agreement to this effect at this year’s socially distanced version of the Milano – Monza Motor Show, which began yesterday in the centre of Milan. They will begin by setting up charging facilities at Driver centres in Italy before rolling out charging infrastructures at sites in Spain and then other countries where Pirelli is active with Driver Tyres and Service.
9 million tyres a year – Sailun approves expanded plans for Cambodia factory
Earlier in the year, Sailun Group announced it was evaluating the feasibility of producing car tyres in Cambodia, but the plans its Board of Directors approved this month are for a larger and costlier plant than originally reported. Planned capacity has risen 80 per cent, and the proposed investment almost doubled.
Springwater Capital has been confirmed as Italian tyre wholesaler Fintyre’s new shareholder, bringing with it 43 million euros of new capital – a figure that is in-line with reports suggesting Springwater’s involvement back in November 2020. Springwater Capital, founded in 2002 and led by managing partner Martin Gruschka, specializes in the turnaround of European Mid-Caps with a long-term investment horizon.
Linglong investing almost $1 billion in new circular economy-focused China tyre factory
Shandong Linglong Tire Co. Ltd is investing 6.066 billion yuan (£669.678 million; 779.348 million euros; US$949.830 million) in its latest tyre factory. Tyres & Accessories has confirmed that the roughly billion-dollar Tongchuan City factory project will put sustainability at the heart of its plans, which include largescale retread capacity.
Nokian Tyres installs solar plant at Finnish logistics centre
Nokian Tyres has equipped its logistics centre in Nokia, Finland with solar power capabilities. The plant consists of 3,160 solar panels with a combined output of more than 1,100 kilowatts (kW). All electricity generated by the solar panels is used by the logistics centre, including to provide lighting and ventilation.
Linglong investing in new Tongchuan City, China tyre factory
The board of Shandong Linglong Tire Co., Ltd has agreed to build its sixth Chinese tyre factory in Tongchuan City, Shaanxi Province. The construction site is located in Dongjiahe Circular Economy Industrial Park, Yaozhou District, Tongchuan City, Shaanxi Province and will be home to large and modern factory manufacturing tyres for a wide range of business segments.
Linglong moves to 7+5 tyre factory investment model
The board of Shandong Linglong Tire Company Ltd has revised its 10-year “medium and long-term development plan (2020-2030) to focus on a 7+5 rather than a 6+6 tyre manufacturing capacity expansion model. Up till April 2020, Linglong has worked according to a 5+3 plan, but last year this was upgraded to 6+6, meaning the company plans to run six tyre factories in China as well as six situated in international locations. However, according a stock market filing dated 10 June 2021, Linglong’s board voted unanimously in favour of running a total of seven plants in China and five internationally.
Heuver installs additional solar panels to ensure continued energy neutrality
Back at the start of 2018, Netherlands-based tyre wholesaler Heuver achieved energy neutrality through the installation of 1,632 solar panels on the roof of its warehouse in Hardenberg. But Heuver aims to maintain its energy-neutral status even as it grows, and has therefore added a further 1,518 solar panels at the Hardenberg site. Heuver contracted Mijn Energiefabriek, which supplied the original panels two and a half years ago, to install the panels.
Bryan Adams the photographer in return of the Pirelli Calendar
Musician and photographer, Bryan Adams, will shoot the 2022 Pirelli Calendar. “I’m proud to have been chosen as the photographer of the Pirelli Calendar 2022. Combining photography and music for ‘The Cal’ is very exciting and it will of course feature some extraordinary people. In a few weeks the shoot will begin. I am thrilled”, Bryan Adams commented.
Industry works together on Zambian driver simulator
Four big names from the transport and logistics sector have come together to supply an HGV driver training simulator for the Industrial Training Centre (ITC) in Zambia, which Transaid has partnered with since 2008 to help meet the country’s growing demand for professional driver training.
Cooper Tire has “officially joined the Goodyear team”. That’s how Cooper Tire general manager EMEA, Jaap Van Wessum characterised the takeover of the company by fellow US tyremaker Goodyear, which was completed on 7 June 2021. Van Wessum also offered further details of what Cooper’s integration into Goodyear means for Cooper suppliers and partners.
ZF and Goodyear partner on sensor agnostic fleet management solutions
ZF and Goodyear are partnering to provide “an integrated fleet and tyre management solution supporting mixed and multi-brand cargo fleets and trailer manufacturers”. The long-term agreement sees Goodyear and ZF bring together ZF’s Transics-branded, Fleet Management Solutions (FMS) and Goodyear’s tyre portfolio and mobility solutions. According to the companies, the goal is that “ZF and Goodyear will leverage real-time data generated from all makes of Trailer Braking Systems (T-EBS) and tyre sensors…”.
The Goodyear Tire & Rubber Company has confirmed that it has completed its acquisition of Cooper Tire & Rubber Company, finalizing the merger agreement announced on 22 February 2021. The announcement brought with it one or two more hints of how the synergisation of the two businesses might work.
Jiangsu General investing $204 million in Cambodia car tyre factory
Jiangsu General Science Technology Co. Ltd (Jiangsu General) has announced plans to invest 1.304 billion yuan (£143.888 million; 167.458 million euros; US$203.947 million) in the construction of “high-performance semi-steel radial tyre projects in Cambodia”.