Tyre Stewardship Australia (TSA) has launched ‘Circular Economy Collaborator’, a programme that supports its vision of circularity for end-of-life tyres as well as government policy such as the ReMade in Australia recycling campaign. The programme’s introduction follows the outlawing of whole used tyre exports from 1 December 2021.
Titan International, Inc. has entered into a definitive agreement to sell its Australian wheel business to OTR Tyres, a Western Australia-based tyre, wheel and service provider. It anticipates closing the deal on 31 March 2022.
Magna Tyres Group is acquiring Australian-based Fennell Tyres International. Fennell Tyres International is known for its competitively priced, quality OTR, mining and TBR tyre solutions. Financial details have not been disclosed. According to the company, “Magna Tyres recognizes the demand for high quality off the road tyres in Australia and the value of a long-term relationship with customers”. The firm’s goal is to strengthen its position worldwide.
Australian waste tyre processor Pearl Global Limited, a firm claiming to possess a proprietary technology superior to traditional pyrolysis, has appointed a new chief executive officer. David Wheeley will commence in this capacity on 1 February 2022.
Australia’s government has launched ReMade in Australia, a new national effort to encourage industry to transform recycled waste into productive outcomes. Tyre Stewardship Australia (TSA) has expressed its strong agreement with the campaign.
Otraco International is now part of Bridgestone Mining Solutions Australia. Bridgestone Corporation reports that after gaining regulatory approvals and satisfying other customary conditions, yesterday it completed the acquisition deal first announced in April. The OTR tyre management firm changed hands for AU$79 million (£42.4 million).
The Tyre Recovery Association (TRA) has spoken out to endorse the move Australian government’s move to prohibit the export of most unprocessed end-of-life tyres from December 2021. The only exception will be casings suitable for retreading or validated reuse. In addition, Peter Taylor, secretary general of the TRA urged DEFRA Secretary of state George Eustice MP to closely study this change in Australian law and consider whether the UK should follow a similar path:
Australian tyre wholesaler National Tyre & Wheel Limited (NTAW) has signed the necessary paperwork for its acquisition of Black Rubber Pty Ltd and Black Rubber Sydney Pty Limited. The transaction, which took place yesterday and is valued at AU$26.3 million (£14.5 million), brings Black Rubber’s import and retreading businesses into the NTAW fold.
From 1 December 2021, new laws in Australia will extend a ban on waste exports out of the country to tyres. It follows a cessation of unprocessed waste glass and mixed plastic exports earlier in the year. Reporting this measure, Tyre Stewardship Australia says the change is part of a broader commitment by the Australian Government to reduce waste, increase recycling rates and build capacity in Australia’s recycling industry.
In what it calls a landmark commitment, Tyre Stewardship Australia has announced that off-the-road (OTR) tyre importers Bearcat, Bridgestone Mining Solutions, Goodyear, Kal Tire, Michelin and Yokohama have committed to joining the voluntary Tyre Product Stewardship Scheme from January 2022.
Toyo Tyre Australia Pty Ltd., the Australian sales subsidiary of Toyo Tire Corporation, will wind up its rubber mixing business as of 13 December 2021. The closure of the 1974-established operation directly affects 36 of the 107 people employed (as of 31 December 2020) by Toyo Tyre Australia.
Despite Covid-19 restrictions preventing too much fanfare, Bridgestone has opened a new distribution centre in Truganina, Victoria, Australia. The official opening of Bridgestone’s Truganina hub sees the relocation of the company’s former warehouse, state office and store at Derrimut relocated to the new site, as well as the convergence of the state operations for Lube Mobile, Webfleet Solutions and the expansion of services into new segments – highlighted by the launch of an onsite truck wash.
Australians with tyres on the brain can convert this to a profitable business with help from Tyre Stewardship Australia (TSA). The association representing firms across the tyre supply chain states that if someone fitting this bill has “an idea that utilises end-of-life tyres,” then it “has the funds to assist.”
National Tyre & Wheel Limited (NTAW), the largest independent tyre and wheel wholesaler in Australia and New Zealand, has made several changes to its leadership team. The company states that these and other appointments made over the past year will help it “set a new benchmark in customer experience” that will “underwrite further growth.”
Hankook Tire & Technology Group is the latest tyre manufacturer to partner with Tyre Stewardship Australia (TSA), an organisation set up to promote the development of viable markets for end-of-life tyres, and as such is now contributing to the National Tyre Product Stewardship Scheme. The Korean tyre maker’s engagement lifts the number of participating tyre importers to nine; in addition to Hankook, Bridgestone, Continental, Goodyear & Dunlop, Kumho, Michelin, Pirelli, Toyo, Yokohama are involved with the scheme.