
SRI publishes natural rubber policy
As a founding member of the recently-launched Global Platform for Sustainable Natural Rubber (GPSNR), Sumitomo Rubber Industries, Ltd. has turned its attention to the human and environmental issues related to the growth, harvesting and use of natural rubber. Its position has now been set out in the company’s ‘Sustainable Natural Rubber Policy.’
Continue ReadingTransense supplying Peru copper mine
Transense Technologies PLC’s trading division Translogik has won a contract to supply 24 iTrack II mining tyre monitoring systems including the full suite of data analytics for large haul trucks at Southern Copper’s Cuajone mine in Peru. These systems are to be supplied on a subscription model basis.
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Tesla patents tyre inflation technology
At the end of October, electric vehicle pioneer Tesla announced that it had patented its own tyre inflation technology.
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Koelnmesse fires COO
On 16 November, the supervisory board of Koelnmesse terminated its working relationship with chief operating officer Katharina C. Hamma (52) with immediate effect. According to the company, the board fired Hamma “in light of differing views on the future strategic direction of the company.”
Continue ReadingInterested parties vie to acquire Indonesian tyre maker Multistrada
Quoting sources from the “investment banking industry,” BusinessKorea reports that “a number of global tyre companies” have shown interest in acquiring Indonesia’s second-largest tyre maker, PT Multistrada Arah Sarana Tbk. The publication names Hankook Tire and Michelin as two of the interested parties.
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Cooper Tire opens ‘central’ US warehouse
The million square foot (92,900 square metre), centrally-located warehouse that Cooper Tire & Rubber Company erected near three of its factories in the USA is now in operation. The new warehouse in Byhalia, Mississippi employs approximately 100 people and is Cooper’s largest distribution centre nationwide.
Continue ReadingTire+ 2018 opens
The second edition of the Tire+ exhibition, organised by China United Rubber Company, got underway today in Guangzhou, Guangdong Province China at the world-famous Canton show ground. The show runs in parallel with the large-scale Guangzhou Autoshow (itself a top three automotive event in China) as well as the China Essen Motor Show and continues until 19 November.
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Bridgestone places focus on traction, working life with VX-Tractor
When Tyrepress.com first saw the Bridgestone VX-Tractor tyre at Agritechnica 2017, the very first of these tyres ever made was on display – and was so new it was still warm to touch upon arrival at the exhibition hall. A year later, and the range is now on the market, targeted at users looking for longer on-road wear life and the ability to carry larger loads.
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Prinx Chengshan goes public ahead of expansion drive
With the striking of a ceremonial gong, Prinx Chengshan (Cayman) Holding Limited went live on the Hong Kong Stock Exchange at precisely 9:30am on 9 October. The tyre maker’s listing last month followed nearly a year of preparations and represents an important step in a growth and internationalisation strategy that also includes producing in Southeast Asia and making greater inroads into European and North American markets.
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Protyre launches Protech Academy
This week saw the launch of the new Protech Academy, a vocational programme set up by Micheldever Group retail outfit Protyre to qualify young automotive enthusiasts for a career in the industry and to offer current Protyre employees the chance to learn the skills needed to further their careers.
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Hankook extends USA motorsport engagements
Hankook Tire has been named exclusive tyre supplier for two race series in the USA, the F4 United States Championship and the new F3 Americas Championship, and has announced its return as official sponsor for the 24H Circuit of the Americas (COTA) race in Texas.
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Leadership team, private equity firm acquire Coker Group
US-based vintage and classic tyre manufacturer the Coker Group has new owners. Four years after the death of company founder Harold Coker, the Coker family has sold the business to Wade Kawasaki, the company’s president and chief executive officer, and the current Coker Group leadership team in partnership with private equity firm Irving Place Capital.
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Bridgestone expanding truck/bus tyre capacity at Warren County, USA plant
Production capacity for truck and bus radials at Bridgestone’s Warren County factory in Tennessee, USA will increase as part of a three-year, US$40 million investment to “meet market demand and address emerging customer needs.” Bridgestone Americas says it will break ground on expansion work at the 28-year old plant before the end of this year.
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Bridgestone, German workshop chain pitstop strengthen collaboration
Bridgestone has increased its strategic cooperation with the German workshop chain pitstop. As part of a minority stake in Kulas Holding GmbH, which holds 100 per cent in pitstop.de GmbH, Bridgestone and pitstop plan to cooperate closely in sectors of mobility solutions, tyre and workshop services to open new markets. The targeted investment is subject to German antitrust approval.
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ISN Europe puts UK Atlas machinery distribution on shoulders of Tyre Bay Direct
Since it became part of the US garage equipment supplier Integrated Supply Network’s ISN Europe division in late September 2017, UK distributor Tyre Bay Direct has added its newly related company Atlas Equipment’s range of garage equipment to its portfolio. The UK company was identified by the US giant, which operates from 13 locations across the USA and Canada, and exports to Central and South America, as “the ideal partner” to help launch its equipment range into the UK, it states.
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