Aeolus shows new tyres and concepts at IAA
Aeolus is set to showcase the first tyres in its new NEO series, while also presenting a range of Transace tyres for light commercial vehicles and vans at IAA 2016. Both Aeolus and Heuver have recently celebrated their 50th anniversaries and for over a decade, they have worked together to claim an important place in the European truck and trailer sector. But, partly due to the takeover of Pirelli, this position will no doubt be reinforced in the coming years.
Continue ReadingEldan: Poland’s recycling industry ‘blooming’
Steady economic growth and largescale investment in construction projects has opened up new opportunities for the recycling industry in Poland, according to recycling machinery firm Eldan. According to the company, inquiries to Eldan Recycling show that an increasing number of companies want a piece of the valuable recycling cake: “The past five years we have noticed a steady increase in requests from Poland” says Toni Reftman managing director at Eldan Recycling. “Within cable recycling we have noticed an increase in both quotes and orders for small and medium capacity systems, as well as for solutions for further recovery of fine copper from insulation. Also within tyre recycling we notice a trend in further improving the end-product. A further cleaned steel fraction with a density of up to 0.7 is very desirable with European steel works.”
Continue ReadingLassa opens flagship store in Portugal
Lassa Tyres recently launched its first store in Portugal with the aim of expanding the brand’s presence all over the country. Lassa Tyres’ first flagship store in Portugal is Quim Dos Pneus in Aramar and was inaugurated on 2 July 2016. Spread over an area of 22 m2, Quim Dos Pneus is with well-equipped one-stop solution for car owners encompassing all tyre related services.
Continue ReadingLinglong launches polar-themed promotion
Linglong Tire is promoting its winter weather products by associating them with two of the coldest places in the world. On 21 August, the tyre maker held a ceremony titled the “Launching ceremony of Linglong Tire reaching Arctic & Antarctic” together with Chinese photographer and polar explorer Ju Chang.
Continue ReadingGoodyear invests in oil storage facility at Luxembourg plant
Goodyear Dunlop Tires Operations S.A. is investing more than two million euros in the replacement of the oil storage facility, or oil farm, and on other upgrades at its Colmar-Berg tyre factory in Luxembourg. Following two incidents leading to spills of low quantities of non-hazardous oil into the River Attert in April 2016, the company accelerated its investment programme and has carried out preventive measures.
Continue ReadingBridgestone and Dow supporting Rio 2016 education programme
Two Worldwide Olympic Partners are collaborating to expand the scope and impact of Transforma, the official education programme of the Rio 2016 Olympic and Paralympic Games. With support from Bridgestone Corporation and The Dow Chemical Company, the Rio Organizing Committee for the Olympic Games has extended Transforma so that it now reaches some 7 million students in more than 12,000 schools across 2,500 cities and towns in Brazil.
Continue ReadingTVS Srichakra to up tyre output by 200,000 units
TVS Srichakra reports that it is planning to increase total tyre production capacity from 2.3 million tyres per month to 2.5 million. The Madurai, India-based firm told local news sources that it do so by the second quarter of the current financial year.
Continue ReadingMartins Industries launches 96” OTR tyre inflation cage
Martins Industries has launched a new 96-inch TOR tyre inflation cage. According to the company, it has been designed, tested and manufactured to exceed OSHA standards (29 CFR 1910.177) for inflation to 130 PSI. The MIC-OTR-96 is designed to safely retain an explosion of agricultural, Off-the-road and all other types of tyres of up to 96-inches in diameter. This heavy-duty, high quality inflation safety cage is fabricated with added reinforcements on each side and at the base of the cage which makes it the safest OTR bar cage on the market. explains Martin Dépelteau, VP Sales and Development.
Continue ReadingNew Tanzania tyre factory planned
The Tanzanian government is set to build a new tyre plant. According to local news reports, permanent secretary in the Ministry of Industry, Trade and Investment Dr Adelhem Meru, told the Public Accounts Committee (PAC) the new factory will be based on new technology.
Continue Reading$310 million in international financing to aid Brisa tyre plant project
Turkish joint venture tyre maker Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.S. – or Brisa, as it is more commonly known – intends to primarily utilise a US$150 million long-term loan from the European Bank for Reconstruction and Development (EBRD) and $160 million from a syndicated loan transaction arranged and coordinated by Mitsubishi UFJ Financial Group (MUFG) for the greenfield factory it is now building in Anatolia. A portion of the financing will also be directed towards the expansion of Brisa’s truck and bus tyre plant in Izmit.
Continue ReadingTriangle to upgrade PCR and TBR production with IPO funds
Following yesterday’s confirmation that Triangle is going ahead with the initial public offering (IPO) on the Shanghai stock exchange the company planned last year, the company has revealed a number of other key details.
Continue ReadingJK Tyre to consolidate, boost R&D activities
India’s JK Tyre reportedly intends to bring its research and development teams together into a new RS 1 billion (£11.4 million) centre at its Mysuru (Mysore) site. According to IANS, company chairman Dr Raghupathi Singhania disclosed yesterday that facilities “currently spread over different locations” will be “brought under one roof” in a “world-class” centre.
Continue ReadingMichelin breaks ground on Mexico tyre plant
Ground was broken and the first stone set in place for the new Michelin plant in Mexico at a ceremony held yesterday and attended by government dignitaries, key customers and company management. Construction of the plant in León – Michelin’s 69th factory globally and 21st in North America – is expected to begin immediately, with completion currently scheduled for late 2018.
Continue ReadingChinese imports a growing part of Korean tyre market
The Korea Tire Manufacturers Association (KTMA) reports that the total value of tyres imported into Korea reached US$511.48 million (561.6 billion won) in 2015, up 63.8 per cent from $312.27 million in 2010. Tyre imports in the first half of 2016 (January to June) also increased, growing 6.2 per cent year-on-year to $250.84 million.
Continue ReadingScholarship to honour outgoing Cooper Tire boss
The Cooper Tire & Rubber Foundation, the philanthropic arm of Cooper Tire & Rubber Company, has established a new scholarship in recognition of soon to retire chairman, chief executive officer and president Roy Armes. The fund is known as the Roy V. Armes scholarship and is designed to assist the children of Cooper employees in the USA who intend to read either business or engineering at an accredited four-year college or university. The first Armes scholarship will be awarded in 2017.
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