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You are here: Home1 / agreement

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Camfin & LongMarch renew Pirelli agreement

Company News, International News

Pirelli reports that the shareholder agreement between Camfin SpA and LongMarch Holding S.à.r.l. first signed on 13 May 2020 and modified on 30 June 2021 has been renewed for a further three-year period. The agreement thus remains in place until 13 May 2026.

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  1. Pirelli and Hixih move closer together
  2. Camfin increases its stake in Pirelli to 14.1%
  3. Pirelli Shareholders’ Agreement Renewed
  4. Rosneft reaches for Pirelli – but the power stays with Marco Tronchetti Provera
2nd March 2023/by Stephen

France: Michelin, unions sign telework agreement

Career Tracks, International News

Michelin and labour unions have signed various successive telework deals covering its workforce in France since 2019 and worked together since the start of the Covid-19 crisis to develop a teleworking vision, strategy and arrangements. On 2 December, senior Michelin management and representatives from four unions signed a new telework agreement.

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  1. Further step forward for Michelin’s plan to secure French factories’ future
  2. France: Michelin, unions agree on support programme for redundant employees
  3. Michelin setting up Global Works Council with IndustriAll
  4. Michelin to Lease New Facility
8th December 2021/by Stephen

Hankook Tire secures container stability through Hapag-Lloyd deal

International News

Ocean freight is in the midst of a predicament. The global shortage of shipping containers, primarily caused by the COVID-19 pandemic, has led to continued port congestion and freight prices at all-time highs. Hankook Tire & Technology has worked with Hapag-Lloyd AG, the world’s fifth largest liner shipping company, for more than 20 years and now aims to strengthen its logistics capabilities through a new partnership.

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Related news:

  1. Hankook Tire CEO Cho receives suspended prison sentence
  2. Covid-19: Hankook pauses plant production
  3. Hankook introduces AI for ‘smarter’ tyre inspection
  4. Hankook Tire establishes ESG committee
8th December 2021/by Stephen

End-of-life tyres: Nexolub to market oils from L4T facility

International News

Life for Tyres (L4T) Group has signed a ten-year offtake agreement with Spanish base oils supplier Nexolub to market oils extracted from end-of-life tyres processed at the plant it is currently setting up in Puertollano, Spain. The L4T facility is scheduled to be completed in December and become operational the following month with an annual capacity of 27,000 tonnes – a quantity equivalent to eight per cent of the end-of-life tyres generated in the country each year – it will be one of the largest facilities of its type in Europe.

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Related news:

  1. Trinseo investing in, begins partnership with Tyre Recycling Solutions
  2. Lehigh Technologies opens MRP plant in Spain
  3. Lehigh win Circular Economy award in Davos
  4. Versalis and AGR make tyre-derived product development agreement
27th October 2021/by Stephen

Sinochem Holdings & Cosco Shipping sign strategic agreement

Company News, International News

Sinochem Holdings, the entity who through its China National Tire & Rubber subsidiary has a controlling stake in Pirelli and Aeolus Tyre as well as a substantial shareholding in Prometeon Tyre Group, has signed a strategic cooperation agreement with China Cosco Shipping intended to “guarantee the security and stability” of its industry and supply chain.

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  1. Sinochem Holdings established through ChemChina, Sinochem restructuring
  2. ChemChina names Sinochem boss as new chairman
  3. Linglong Tire signs cooperation agreement with Geely
  4. Linglong starts partnership with SGMW
14th October 2021/by Stephen

Linglong Tire cooperating with Volvo Group’s Shandong Lingong

International News

Shandong Linglong Tire has signed a strategic cooperation with Shandong Lingong, and no, this isn’t a typo. The Shandong, China-based tyre maker more commonly known as Linglong Tire entered into this arrangement with Volvo Group company Shandong Lingong Construction Machinery (SDLG) on 29 June. Wang Feng signed the cooperation on behalf of Linglong Tire, with Wen Degang, SDLG general manager, performing the honours for the construction equipment company.

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Related news:

  1. Linglong Tire signs cooperation agreement with Geely
  2. Industry-academic exchange: Linglong signs agreement with QUST
  3. Linglong an NBA China games 2019 partner
  4. Car tyre production starts at Linglong’s new plant
29th July 2021/by Stephen

Versalis and AGR make tyre-derived product development agreement

International News
ManfredRichter; Pixabay

Versalis, the Eni-owned elastomer-maker, and AGR, a devulcanization specialist, have signed an agreement to develop products and applications of recycled rubber. According to the two companies, the aim of the November 2020 agreement is to pool their expertise to develop elastomer-based products made from granulated rubber from post-consumer products in order to meet the circular economy needs of manufacturers of tyres and other rubber products.

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  1. Australian tyre recycler expanding into Europe
  2. Pyrolysis technology: Michelin partnering with Enviro
  3. Wastefront appoints ex-Wintershall DEA deputy CEO, COO as chairperson
  4. Could continuous pyrolysis deliver savings for tyre manufacturers?
15th January 2021/by Chris

Industry-academic exchange: Linglong signs agreement with QUST

International News

A signing ceremony between Linglong Group and Qingdao University of Science and Technology (QUST) on 10 November paves the way for long-term cooperation between the two parties. So far Linglong has shared only a few details of the agreement, however it appears it covers training programmes as well as technological exchanges.

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  1. Linglong Tire signs cooperation agreement with Geely
  2. Linglong Hubei TBR tyre plant officially opens
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  4. Linglong starts partnership with SGMW
13th November 2020/by Stephen

Michelin setting up Global Works Council with IndustriAll

Company News

On 27 January, Michelin signed an agreement with global union federation IndustriALL to set up the Michelin Global Works Council. The agreement was finalised by Florent Menegaux, chief executive officer of the Michelin Group, and Valter Sanches, general secretary of IndustriALL Global Union. Its signing follows nearly two years of discussion and negotiation.

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Related news:

  1. Further step forward for Michelin’s plan to secure French factories’ future
  2. Electromobility: Michelin, Faurecia create hydrogen fuel cell systems JV
  3. BioButterfly: Michelin site to gain prototype bioethanol-based butadiene plant
  4. France: Michelin, unions agree on support programme for redundant employees
3rd February 2020/by Stephen

Linglong starts partnership with SGMW

Company News, International News

Linglong Tire has entered into a cooperative agreement with Chinese car-making joint venture company SGMW. The new partnership commenced with the signing of a strategic cooperation framework agreement at SGMW’s headquarters on 30 December. Under the agreement, the two parties will collaborate on product design, development, application, quality assurance, cost optimisation and manufacturing over a long-term basis.

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Related news:

  1. Linglong Tire progressing with recycling, pyrolysis projects
  2. Linglong Tire commences cooperation with FAW
  3. Linglong Tire signs cooperation agreement with Geely
  4. Linglong Tire working with Tencent Cloud, Huazhi Group on digital platform & manufacturing system
2nd January 2020/by Stephen

Linglong Tire working with Tencent Cloud, Huazhi Group on digital platform & manufacturing system

Company News, International News

On 21 December, Linglong Tire signed a tripartite strategic agreement with Tencent Cloud and Shenzhen Huazhi Technology Group. The tyre maker hopes that this deal, signed by the three parties at Tencent’s global headquarters, will help it build a “global industrial service platform and intelligent retail platform.”

Read more

Related news:

  1. Linglong Tire signs cooperation agreement with Geely
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  3. New high for Linglong’s brand awareness
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23rd December 2019/by Stephen

Linglong Tire signs cooperation agreement with Geely

Company News, International News

The relationship between Shandong Linglong Tire and vehicle manufacturer Geely Auto Group has deepened with the signing of a comprehensive strategic cooperation agreement. Guan Yu, vice president of Geely Auto, and Wang Feng, chairman of Linglong Tire, signed the agreement on 26 August.

Read more

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  1. Linglong tyres OE on China’s most expensive car
  2. Industry-academic exchange: Linglong signs agreement with QUST
  3. Football: Linglong Tire becomes VfL Wolfsburg sleeve partner
  4. Linglong Tire working with Tencent Cloud, Huazhi Group on digital platform & manufacturing system
29th August 2019/by Stephen

Pirelli shareholders’ agreement renewed

Company News

A three-year extension to the Shareholders’ Agreement covering the governance of Pirelli & C. S.p.A was agreed upon yesterday. This extension will take effect from the publication date of the notice convening the Pirelli shareholders’ meeting for approving the company’s 2019 financial statements.

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Related news:

  1. Pirelli in talks with a number of bidders before ChemChina deal
  2. Pirelli shareholders appeal for better ChemChina offer
  3. Ren Jianxin comments on Pirelli acquisition
  4. Pirelli signs R&D competitiveness agreement with regional government
2nd August 2019/by Stephen

Carl Zeiss and TRM sign cooperation agreement

International News, Retreading

TRM Srl. and Carl Zeiss Optotechnik GmbH have signed a co-operation agreement.

As a result of the agreement, TRM will add Zeiss Shearography Systems to its portfolio and will be an authorized dealer for this product line. Furthermore, Zeiss will train the technical staff of TRM on Intact machines. This will allow TRM to offer qualified and authorized after sales service to Shearography customers. For Zeiss this will increase the availability of technical service throughout the markets.

Read more

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29th January 2019/by Chris

Linglong confirms $300 million deal for Brazil, Paraguay

International News

Linglong Tire confirms the signing of a US$300 million deal with Paraguay-based tyre distributor Sunset Tires. Wang Feng, chairman of Linglong Tire, put his signature on a strategic cooperation agreement along with Nabil Chamseddine, chief executive officer and president of Sunset, on 12 October.

Read more

Related news:

  1. Linglong signs $300 million South American tyre distribution deal with Sunset
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  3. Linglong Tire signs carbon black agreement with Aditya Birla Group
  4. Linglong starts partnership with SGMW
17th October 2018/by Stephen
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