Bond International completes purchase of Central Scotland warehouse
Bond International has completed the purchase of a 200,000 sqft warehouse in Bathgate, Scotland, continuing the Pocklington, Yorkshire-based tyre wholesaler’s expansion of operations north of the border. Elsewhere in Scotland, Bond has also acquired Birkenshaw Distributors Ltd and formed a joint venture with Goodtread Tyre Co, enabling the company to make same-day deliveries to “a large proportion of Scotland.” The new warehouse is located on the M8 belt between major Scottish cities Glasgow and Edinburgh, allowing it to deliver to both population centres several times a day.
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James Noon joins BAB Agricultural
B A Bush and Son Ltd has appointed James Noon to the role of Area Sales Manager within its expanding BAB Agri team. Announcing this new appointment, BAB Agri says that Noon “brings a wealth of experience and technical knowledge to the role” and will be a “huge asset” for the operation, which exclusively distributes the Ascenso tyre range.
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Enviro in the red in 2023, now positioned for profitability
Scandinavian Enviro Systems AB (Enviro) has published its financial results for 2023, and these figures reflect the expense involved with setting up a new recycling solution for end-of-life tyres. The Swedish firm achieved net revenues of SEK 13.9 million (£1.1 million) during the year, a 73.8 per cent increase on 2022 revenues. Operating results were still in the red at SEK -93.6 million (-£7.1 million) and earnings after tax were SEK -92.3 million (-£7.0 million) (2022: SEK -83.6 million).
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Shred-Tech buys CM Shredders
Shred-Tech Corp. has agreed to buy CM Shredders, LLC via its parent company The Heico Companies. According to Shred-Tech, the move “is a significant step forward in enhancing Shred-Techs product portfolio, extending its global reach, and fortifying its North American manufacturing capabilities.”
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Prinx Chengshan debuts OTR mining tyre range
In addition to manufacturing truck and passenger vehicle tyres – the former sold in the UK under the Fortune brand name and the latter as Fortune and Prinx tyres – Prinx Chengshan is staking its claim in the off-highway segment. So far, the company has restricted its activities in this area to China, where it has introduced OTR tyres for wide-body mining vehicles, smooth tyres for underground applications, and on-road mining crane tyres. It recently added to this portfolio with two further tyres for wide-body mining vehicles, the ET06 and ET07 in size 16.00R25.
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Hankook debuts ISCC certified iON tyre
Together with two other South Korean firms, Hankook Tire & Technology has developed the country’s first tyre using cord fibre sourced from chemically recycled PET. The tyre maker partnered with SK chemicals and Hyosung Advanced Materials to develop Hankook iON tyres containing “circular recycled PET fibre tyre cords.” The resulting product is the first tyre to wear the ISCC Plus certification logo.
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MAHA UK appoints new regional sales executive
MAHA UK has named James Thompson as the company’s newest regional sales executive. Thomspson will be responsible for expanding MAHA UK’s presence in northern regions of the UK, nurturing relationships with both existing and potential clients, and promoting MAHA UK’s premium products and services.
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Saudi tyre JV – Kumho Tire & Blatco sign tech agreement
Kumho Tire has entered into a technology licensing agreement with Blatco (Black Arrow Tire Co.), a Saudi company established in 2019 to kick-start tyre manufacturing within the country with joint venture partners. Under the terms of the agreement, Kumho Tire will provide Blatco its passenger vehicle tyre production technology for the next 20 years.
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Corey Parks succeeds Robert Foord as Kal Tire president
Robert Foord is transitioning to the role of executive vice-chair of the board after 15 years as president of Kal Tire and 37 years with the company his father founded. Corey Parks assumed the role of president effective 1 March 2024.
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SMMT calls for ‘Fair taxes for a fairer transition’
The automotive industry is calling for the UK’s chancellor to use the upcoming Budget to put the UK’s shift to electric vehicles back in the fast lane, with fair taxes for a fairer transition. New research commissioned by the Society of Motor Manufacturers and Traders (SMMT) from Savanta has revealed that rising numbers of would-be EV drivers are now likely to delay their switch to a battery electric car – but a three-point plan of tax reform would recharge the market and accelerate the UK’s progress towards net zero.
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Mitas introduces Speedway, its ‘most advanced tyre to date’
Mitas is set to launch its new Speedway tyre, designed specifically for intense speedway racing, just in time for 2024 heats. The tyre was developed and tested in conjunction with professional racers in Europe, Australia and the USA and meets the highest regulation standards set by the International Motorcycling Federation (FIM).
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MAM integrates Autowave into its Autocat software
Autowave, which develops car keys and key programming equipment, has been amalgamated into MAM Software’s Autocat platform. Autowave’s range of products, includes car keys, key cutting, and programming equipment. Coupled with Autocat, customers can seamlessly search for and purchase Autowave products.
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Nova Motorsport signs 5-year RallyX Championship tyre supply agreement
New motorsport tyre brand Nova Motorsport has signed a five-year partnership to make it the official tyre supplier to the RallyX Championship, starting with the 2024 season opener in Sweden (10-11 May). The deal represents continuity for the championship in a sense; Nova Motorsport has acquired the rights to sell products under the Avon Motorsport and Avon Racing brands from Cooper’s owner, Goodyear; has recruited several key staff from the former Cooper Avon operation based in Melksham; and has acquired all residual stock from the Cooper Tire & Rubber Company and Avon Motorsport business, including the world leading ACB11 rallycross tyre. Nova Motorsport said it is making a “firm commitment to uphold the legacy, performance and quality of Avon Motorsport products.”
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Former Cooper Avon managers James Weekley, Matthew Vincent join Nova Motorsport team
Nova Motorsport has continued its recruitment of former Cooper Avon managers previously based at the companys erstwhile European headquarters in Melksham. James Weekley, former general manager at Avon Tyres Motorsport, leads Nova Motorsport as commercial director. Ex-Cooper Tire/Avon Motorsport product technology manager Matthew Vincent has also become Novas senior product category manager. The two appointees join Paul Coates, Cooper Tire/Avon Motorsport general manager, whose appointment was previously announced, and who has become Novas contracts manager. The experienced team has been assembled by founder and managing director of the brand’s parent company, SPC Group, Paul Hallas.
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Bridgestone outlines European restructuring in 24MBP
Bridgestone Corporation has presented its Mid Term Business Plan (2024-2026), and for Europe this entails significant restructuring and rebuilding within the truck and bus tyre as well as the retreading business. Chief executive officer Shuichi Ishibashi and Masato Banno, the company’s chief technology officer, discussed 24MBP on 1 March.
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