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You are here: Home1 / Europe

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Nexen Tire Europe raises prices

Company News, International News, UK News

Nexen Tire Europe is raising the prices of “all of the company’s brands in the replacement market”. The price increase is due to “the Ukraine-Russia conflict” and specifically “raw material prices such as carbon black, oil costs and freight and logistics costs”, which have all risen sharply, according to a Nexen statement issued today (13 April 2022).

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Related news:

  1. Nexen Tire Europe raises prices
  2. Nexen Tire begins Japan joint venture
  3. Nexen Tire Europe relocates headquarters
  4. Falken Tire Europe raises tyre prices, UK market unaffected
13th April 2022/by Chris

Hankook now supplying numerous tyres for Mercedes S-Class

Product News

It is the ‘MO’ label on the sidewall that Hankook Tire is particularly proud of. The two letters stand for ‘Mercedes Original’, and only tyres that match strict quality criteria are approved as original equipment for Mercedes-Benz vehicles. These letters appear on the sides of three Hankook tyre models that Mercedes-Benz fits on the S-Class, continuing a supply arrangement that began almost a decade ago.

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Related news:

  1. Hankook debuts UUHP tyre on Mini John Cooper Works GP
  2. Hankook supplying OE tyres to Audi RS Q8
  3. Audi approves Hankook tyres for e-tron GT
  4. Hankook supplies new Ventus S1 evo Z UUHP tyre to Porsche Panamera
12th April 2022/by Stephen

Nokian Tyres cuts 2021 dividend as European capacity ramps up

Company News

The war in Ukraine has brought “high uncertainty” to Nokian Tyres’ operational environment and manufacturing capacity, and as a result it is accelerating plans to invest in new production capacity in Europe. To help fund this capacity, the Board of Directors at Nokian tyres has decided to decrease the dividend payable for the 2021 financial year.

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Related news:

  1. Nokian tyres implements Ukraine contingency plans, donates to UNICEF
  2. Nokian Tyres staying in Russia
  3. Nokian and Matador To Commence Contract Manufacturing
  4. Nokian Reports “Satisfactory Results” for 2009
31st March 2022/by Stephen

Carbon black and gas prices push tyre manufacturer supply situation to a head

International News

Russia’s attack on Ukraine is now impacting Europe’s leading economies and specifically Germany. For those producing tyres, hoses, seals or health protection products, the situation is particularly series due to the duel effects of tight carbon black supplies and rising energy and specifically gas costs. “Carbon black is an indispensable material for production and so far more than a third comes from Russia,” explained Boris Engelhardt, general manager of the German Rubber Industry Association (WdK) in Frankfurt am Main, according to our sister publication reifenpresse.de.

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Related news:

  1. Turkey leads strong Eastern Europe heavy trailer demand
  2. SABIC introduces new synthetic rubbers
  3. Omsk carbon black production to start in 2018
  4. Klean CEO speaking on recovered carbon black at European Carbon Black Summit
16th March 2022/by Chris

Klean CEO speaking on recovered carbon black at European Carbon Black Summit

International News
Florian Berger; Pixabay

Jesse Klinkhamer, CEO of Vancouver, Canada-based Klean Industries Inc will be a featured speaker at the European Carbon Black Summit, which runs from 22 to 23 June in Frankfurt.

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Related news:

  1. Sustainable raw materials: Liberty deal supporting Bolder’s growth
  2. Enviro CEO joins post-Michelin and Bridgestone rCB presentation panel
  3. Black Bear Carbon preparing to go back on-stream prior to technology’s roll-out
  4. Recovered carbon black: Michelin & Bridgestone launching joint initiative
21st February 2022/by Chris

Vredestein to benefit from Apollo Tyres’ European ‘rebalance’

Company News

Apollo Tyres aims to be the “easiest tyre company to do business with” and is implementing organisational changes in Europe that will help realise this goal. Parallel to a tweaking of the Vredestein brand’s positioning and pricing, Apollo is adapting its sales and marketing organisation and appointing new regional customer care managers. These changes come into play on 1 April 2022, and to find out more we spoke with Yves Pouliquen, Apollo Tyres’ head of sales and marketing for Europe.

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Related news:

  1. Apollo Vredestein Expands East European Business
  2. Cooper acquisition is a game changer – Apollo MD talks to T&A
  3. Apollo’s European turnover significantly up
  4. Stirred up for growth – Apollo Vredestein prepares for a greater European presence with new tandem mixer
11th February 2022/by Stephen

Protyre Truck amongst pan-European Goodyear TruckForce award winners

International News, UK News
Goodyear

Goodyear has named five new TruckForce Service Award winners for the fourth quarter of 2021. The TruckForce Service Awards started at the beginning of 2021 to highlight partners that provided exceptional service across the pan-European TruckForce network.

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Related news:

  1. Goodyear launches Highway Heroes award in the UK
  2. First Highway Heroes win Goodyear tyres
  3. Krone opts for Goodyear Ultra Grip Max T winter tyre as OE
  4. Goodyear goes all-digital at Solutrans
27th January 2022/by Chris

Replacement tyre demand remains strong – ETRMA

International News, UK News

The latest European Tyre and Rubber Manufacturers’ Association (ETRMA) data suggest 2021 was “a positive year of recovery for the industry”, especially in the replacement sector. The biggest drop was in the Original Equipment (OE) consumer tyres segment (down 8 per cent) mainly due to the ongoing new vehicle chip shortage.

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Related news:

  1. Tyre unit sales stabilised amongst ETRMA members during Q3 2014
  2. Tyre demand declining 15 to 26 per cent in 2020
  3. MOTs worth £177 million a year in UK tyre sales
  4. European OE tyre sales down -18 to -23% in 2020 – ETRMA
20th January 2022/by Chris

Sailun: 7 million tyres sold in Europe and counting

Company News, International News
Sailun

As 2021 draws to a close, Sailun reports that it has sold 7 million tyres in Europe “and counting”. Sailun is the 16th largest tyremaker by turnover according to our 2021 ranking of leading manufacturers. The company’s newest production base, which is located in Cambodia, started making tyres on 21 November 2021.

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Related news:

  1. Decennial shift in global PCLT tyre volume market share
  2. Sailun’s Cambodia factory begins tyre production
  3. Deruibotire Targets 24 Million Tyres Produced in 2011
  4. A European plant for Nexen?
20th December 2021/by Chris

Nexen Tire Europe raises prices

Company News, International News, UK News

Nexen Tire is raising prices across its entire product range, effective 1 February 2022. According to the company, “rising raw material prices as well as freight and logistics costs” are behind the price hike. No details of the percentage increase have yet been released.

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Related news:

  1. Nexen raises prices up to 9%
  2. Nexen Tire Europe raising prices by up to 6.6%
  3. Pirelli raises prices in Europe, North America
  4. Birla Carbon announces EMEA price increase
15th December 2021/by Chris

More than a million: Rosava achieves European export record

International News

A first for Rosava – the Ukrainian tyre maker reports having shipped more than a million tyres to European markets within the space of a year. During the first ten months of 2021 it sold more than a million Remiorri and Rosava passenger vehicle tyres, 150 per cent more than during the same period of 2020. The tyre maker also added two European countries – Cyprus and Portugal – to its supply map this year.

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Related news:

  1. Rosava doubles European tyre sales in 2015
  2. Best Choice Introduces New “Mazzini” Own Brand
  3. 77% of SMMT members want to stay in Europe
  4. Vipal launches new European website
7th December 2021/by Stephen

Price mix contributed more to Goodyear EMEA 3Q figures than Cooper Tire sales

Company News, International News
Goodyear

The completion of Goodyear’s takeover of Cooper on 7 June this year brought with it the first indications of the scale of Cooper’s sales in the Europe Middle East and Africa (EMEA) market. Before that point, Cooper only reported sales figures for their “International Tire Operations”, which includes sales generated worldwide outside EMEA.

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Related news:

  1. Cooper Tire joins the Goodyear team
  2. Integration on-track: Goodyear reports 16% growth plus greater synergies from Cooper Tire acquisition
  3. Goodyear set to buy Cooper Tire for US$2.5 billion
  4. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
23rd November 2021/by Arno Borchers

Falken Tire Europe raises tyre prices, UK market unaffected

Company News, International News

Falken Tire Europe GmbH has now announced in a letter to its business partners that it is implementing new price lists effective 1 January 2022 for both the Falken brand and for Sumitomo tyres. The price increases are considerable and extend well into the double-digit range. At the same time, the manufacturer is revising down certain price adjustments announced in September for the new year. However, both sets of price increases are limited to the German-speaking markets with Falken/Sumitomo Rubber representatives confirming to Tyres & Accessories that the price increases do not apply in the UK.

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Related news:

  1. Fintyre to open London head office
  2. Brexit OE tyre red-alert
  3. Nexen Tire Europe raising prices by up to 6.6%
  4. SABIC introduces new synthetic rubbers
18th November 2021/by Chris

India first: Vredestein pauses motorcycle tyre sales in Europe

Company News, International News, Product News

Early in 2019, Apollo Tyres announced it would introduce motorcycle tyres into Europe under the Vredestein brand name, promising performance that competed with its rival’s first line products at prices competing with their second or even third line ranges. The first three models – the Vredestein Centauro ST radial for sport touring bikes, Centauro Road sports radial, and Staccata scooter range – debuted at the EICMA show in Italy later that year.

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Related news:

  1. Apollo aims for leadership in Indian two-wheel tyre market, Europe next
  2. New Apollo Factory to Produce Vredestein Brand Tyres
  3. Vredestein brand debuts in India
  4. No European Plant for Apollo, Vredestein Plant Gets Nod
10th November 2021/by Stephen

Hubtrac team raises Q4 income expectations

Company News, International News
CNES, Maxar Technologies, Airbus

Hubtrac’s global management team has announced that it will increase sales expectations for the fourth quarter of 2021 and complete “the latest market positioning and orientation of Hubtrac tyres by the end of the year.”

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Related news:

  1. Linglong launches Hubtrac brand tyres in European market
  2. Linglong Tire achieves all-time record share price
  3. Linglong’s Serbia factory faces local environmental opposition
  4. Infinity truck tyres – compliant around the world
11th October 2021/1 Comment/by Chris
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