Tag: agreement

Michelin setting up Global Works Council with IndustriAll

Michelin setting up Global Works Council with IndustriAll

3rd February 2020 | 0 Comments

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.

Continue Reading

Linglong starts partnership with SGMW

Linglong starts partnership with SGMW

2nd January 2020 | 0 Comments

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.

Continue Reading

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

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

23rd December 2019 | 0 Comments

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.”

Continue Reading

Linglong Tire signs cooperation agreement with Geely

Linglong Tire signs cooperation agreement with Geely

29th August 2019 | 0 Comments

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.

Continue Reading

Pirelli shareholders’ agreement renewed

Pirelli shareholders’ agreement renewed

2nd August 2019 | 0 Comments

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.

Continue Reading

Carl Zeiss and TRM sign cooperation agreement

Carl Zeiss and TRM sign cooperation agreement

29th January 2019 | 0 Comments

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.

Continue Reading

Linglong confirms $300 million deal for Brazil, Paraguay

Linglong confirms $300 million deal for Brazil, Paraguay

17th October 2018 | 0 Comments

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.

Continue Reading

Kumho Tire to aid Pakistani firm’s entry into tyre manufacture

Kumho Tire to aid Pakistani firm’s entry into tyre manufacture

27th September 2018 | 0 Comments

Under a technology transfer agreement signed with Pakistan-based battery manufacturer Century Engineering Industries, South Korean tyre maker Kumho Tire will provide technological and manufacturing know-how as Century establishes its own tyre production plant. The agreement signed in Seoul today covers the ten-year period to September 2028; Century Engineering will initially pay Kumho Tire US$5 million and 2.5 per cent of turnover for the assistance provided, with the contract scheduled for review after five years.

Continue Reading

New factory: Linglong Tire signs investment agreement with Serbia

New factory: Linglong Tire signs investment agreement with Serbia

25th September 2018 | 0 Comments

Shandong Linglong Tire’s plans to set up a tyre factory in Serbia gained a further boost on 17 September with the finalisation of an investment framework agreement with the country’s Ministry of Finance. The document was signed by Linglong chairman Wang Feng and Siniša Mali, Serbia’s Minister of Finance, at a ceremony in Beijing also attended by Aleksandar Vučić, President of Serbia.

Continue Reading

Yokohama Rubber ends technology tie-up with Kumho Tire

9th August 2018 | 0 Comments

A new beginning, and also an end: 6 July, the date on which Doublestar Tire’s acquisition of a 45 per cent share in Kumho Tire was officially completed, was also the day a full stop was placed behind more than four years of technological cooperation between Yokohama Rubber and Kumho Tire. In a statement issued today, Yokohama Rubber informs that it terminated these tie-ups according to their terms and condition following the change in Kumho Tire’s controlling shareholder.

Continue Reading

Linglong Tire, Kasikornbank enter collaborative agreement

Linglong Tire, Kasikornbank enter collaborative agreement

12th July 2018 | 0 Comments

Starting with its very first loan, Linglong International Tire (Thailand) Co. Ltd. (LLIT) has cooperated closely with Thai banking group Kasikornbank over a number of years. The Linglong Tire subsidiary has now entered into an agreement with Kasikornbank that paves the way for the tyre maker’s continued expansion in Thailand.

Continue Reading

Toyo Tyres UK signs new three-year distribution agreement with MTS

17th April 2018 | 0 Comments

Micheldever Tyre Services (MTS) and Toyo Tires have signed a new three-year UK distribution contract. The wholesaler states that it has shown strong sales performance with the Toyo brand recently, and the new deal will help to showcase the solidity of the partnership.

Continue Reading

Linglong Tire signs carbon black agreement with Aditya Birla Group

Linglong Tire signs carbon black agreement with Aditya Birla Group

9th April 2018 | 0 Comments

India’s Aditya Birla Group is now Linglong Tire’s carbon black supplier. The Chinese tyre maker reports the signing of agreement with Aditya Birla subsidiary Thai Carbon Black Public Co. Ltd. on 4 April at a ceremony attended by Wang Feng, president of Linglong Tire, Sanjeev Sood, president of Thai Carbon Black Public, and Amit Saini, the Birla Group company’s vice-president of sales and marketing.

Continue Reading

Liqui Moly to become official ADI supplier

Liqui Moly to become official ADI supplier

26th January 2018 | 0 Comments

The longstanding collaboration between German oil manufacturer Liqui Moly and several partners of Autodistribution International (ADI) has now resulted in an official cooperation agreement being concluded with the umbrella organization. Both sides expect a significant boost in sales as a result. “We look forward to multiplying our success with ADI,” says Salvatore Coniglio, deputy export manager with Liqui Moly.

Continue Reading

Abu Dhabi firm invests in Nexen Tire, signs MoU

Abu Dhabi firm invests in Nexen Tire, signs MoU

20th July 2017 | 0 Comments

Abu Dhabi-based investor Mubadala Investment Company has Nexen Tire on its radar, and this has led to the signing of a Memorandum of Understanding between the two firms. According to Nexen Tire, the agreement its chief executive officer Travis (Ho-chan) Kang formalised yesterday with Khaldoon Khalifa Al Mubarak, Mubadala’s managing director and group chief executive officer, sets out ways and means for both parties to “explore strategic partnership opportunities.” Mubadala has directly invested into Nexen as part of the agreement, however so far the tyre maker hasn’t disclosed the extent of this investment.

Continue Reading

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]