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You are here: Home1 / Manufacturing

Whether its raw materials, machinery, research and development or the latest manufacturing trends, this tag provides up-to-the-minute insights into the upstream part of the tyre industry.

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Guizhou Tyre terminates ‘all-steel tyre project’

International News
Guizhou Tyre

On 11 January 2023, Guizhou Tyre (also known as Advance Tyre) stated that it has terminated one of its recent tyre manufacturing projects before it got to the construction stage. Guizhou Tyre said its “3 million sets of high-performance all-steel radial tyres” a year construction project was closed down effective 31 December 2022.

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Related news:

  1. Guizhou Tire begins $350 million construction project on two China factories
  2. Guizhou (Advance) Tyre plans to expand EU sales
  3. For Yinbao Tyre, imitation is the highest form of flattery
  4. Pyramids Tires: $350 million Egyptian factory begins manufacturing
13th January 2023/by Xuda Wang

China’s tyre industry under the wave of infections

International News
Kelly Sikkema; Unsplash

With the relaxation of epidemic prevention and control policies, China has experienced a large-scale infection wave since early December. Many tyre factories have experienced or are experiencing worker shortages. The Lunar New Year in China is likely to see hundreds of millions of people to move around the country, leading to a more rapid spread of Covid-19. It is difficult to predict when China will shake off the epidemic’s impact; for the Chinese tyre industry, the current wave of infections is both a challenge and an opportunity.

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Related news:

  1. Shandong tyre companies implement closed-loop management
  2. ZC Rubber resumes full tyre production
  3. Tyre importers should plan for lack of space on ships and freight increases
  4. ZC Rubber’s “remarkable” 2020, new products & digital strategy
11th January 2023/by Xuda Wang

Goodyear investing US$200 million in Cooper Kun Shan tyre factory

International News
Cooper

Goodyear is investing US$200 million (about 1.37 billion yuan, £170 million, 190 million euros) in its Cooper Kun Shan tyre factory. Following the latest investment, the total investment of the Cooper Kun Shan plant is expected to reach $500 million (about 3.42 billion yuan, £410 million, 470 million euros).

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Related news:

  1. Goodyear investing 16.5 million euros in Montluçon motorcycle tyre production, ends light-truck tyre making
  2. US Motorists Driving Less
  3. Decennial shift in global PCLT tyre volume market share
  4. Cooper Tire gives Chengshan option to buy, values CCT at US$435 million
9th January 2023/by Xuda Wang

Cheng Shin launching 40 million tyre capacity expansion in China

International News
Cheng Shin

Luo Yongli, deputy general manager of the company, recently told a briefing that he is optimistic about the operation of Cheng Shin in 2023. In the past, Cheng Shin has reportedly significantly reduced capital expenditures to combat adversity in the operating environment. But with the overall situation expected to improve, the tyre maker will start expanding production capacity, including launching a 40 million tyre capacity expansion plan at factories in mainland China.

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Related news:

  1. Maxxis re-appoints Dr Wally Chen as chairman
  2. Thailand woos global tyre manufacturers
  3. Report: Carbon black manufacturing is moving to China and India
  4. Maxxis/Cheng Shin investing $500 million in tyre factory construction and expansion
6th January 2023/by Xuda Wang

What 2022’s most popular tyre industry stories tell us about the future

Company News, Editorial/Comment, International News
Aron Visuals; Unsplash

Those that don’t learn from history are doomed to repeat it. The well-known saying might not be completely transferable to this column, but as we kick-start 2023 analysing the most popular stories on our Tyrepress.com website does help us understand what the major themes of last year were. And a closer look at those themes will reveal which issues are continuing into this year. January’s magazine focuses on the ever-resilient agricultural tyre sector (see Tyres & Accessories, January, page 36 onwards) as well as the latest developments in the TPMS and sensor technology segment (see page 20), but first let’s take a look at the biggest stories of 2022 as recorded online.

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Related news:

  1. Ukraine war continues putting tyre production under pressure
  2. Russia a growing part of Pirelli’s business?
  3. Ready for take-off: is Dunlop Aircraft Tyre Ltd (DATL) up for sale?
  4. Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure
5th January 2023/by Chris

Top 10 Chinese tyre industry events in 2022

International News

In 2022, several significant events took place in China’s tyre industry. These things had a profound impact on the tyre industry not only in 2022, but for a long time.

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Related news:

  1. Serbia open for business
  2. Chinese tyre makers off-shoring in Southeast Asia
  3. The top 10 listed Chinese tyre companies 2022
  4. Chinese listed tyre companies release third-quarter results
4th January 2023/by Xuda Wang

Sailun Dongying factory finds Covid-19, but deemed low risk

International News
Sailun

In order to prevent the spread of the Covid-19 virus, China has divided the entire country into two areas: high-risk areas and low-risk areas. When the Covid-19 infection is found in a particular place, the government labels it as a “high risk” area and implements stricter epidemic prevention policies. On 4 December 2022, the Sailun Dongying factory was listed as a high-risk area. A day later, on 5 December the local authority adjusted the tyre factory to a low-risk area.

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Related news:

  1. Triangle’s four tyre factories in China at 90%
  2. Sailun: 7 million tyres sold in Europe and counting
  3. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
  4. China’s moves to relax zero Covid policies good news for the tyre industry
7th December 2022/by Chris

China encourages foreign investment in the tyre industry

International News
Alexander Mils; Unsplash

Recently, the National Development and Reform Commission and the Ministry of Commerce released the “Catalogue of Industries for Encouraging Foreign Investment (2020 Version)”. The Chinese government hopes that foreign businessmen will invest in the industries listed in the document. The trade encouragement catalogue currently in use in China was released in 2020, and the 2022 version will come into force on 1 January 2023.

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Related news:

  1. Sentury internationalising with US tyre factory investment
  2. Pirelli and Hixih move closer together
  3. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
  4. ZC Rubber plans to add 2.5 million tyres production capacity
6th December 2022/by Xuda Wang

Shandong tyre companies implement closed-loop management

International News
Önder Örtel; Unsplash

Shandong Province, one of the leading tyre production areas in China, is once again affected by the Covid-19 epidemic. On December 1, there were 41 new confirmed cases and 623 asymptomatic infections in this area. To ensure production can continue, two tyre companies have announced the implementation of closed-loop management.

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Related news:

  1. Several Guangrao tyre companies have stopped or limited production
  2. Coronavirus’s impact on the tyre business
  3. Auto industry will look to China for rebound insights – GlobalData
  4. Guangrao Tire Exhibition (GRTAE) postponed
2nd December 2022/by Xuda Wang

Nokian Tyres: “substantial uncertainties” relating to timing of Tatneft deal closure

Company News, International News

At the end of June, Nokian Tyres announced that it was executing a “controlled exit” from Russia. By August Russian news sources were reporting that Nokian was accepting “binding offers” for its Russian tyre plant up until the end of September. At the end of October, Nokian confirmed that it had agreed terms with Tatneft to sell its Russian tyre operations for roughly 400 million euros. More than a month later, Nokian Tyres spokespeople are speaking of “substantial uncertainties” relating to the Tatneft deal.

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Related news:

  1. Nokian moves selected tyre production out of Russia
  2. Nokian tyres implements Ukraine contingency plans, donates to UNICEF
  3. Nokian Tyres investing 650 million euros in greenfield factory in Romania
  4. Nokian Tyres staying in Russia
2nd December 2022/by Chris

Borbet’s Solingen wheel factory to close

International News
Borbet

The Borbet wheel factory in Solingen, Germany will close on 31 December 2022. The wheel manufacturer told its workforce on Monday 28 November at a works meeting. Around 600 employees are affected. All previous attempts to find an economically viable future for the location had failed. A transfer company will be set up.

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Related news:

  1. Spotlight on the Chinese Alloy Wheel Market
  2. Borbet to build eighth aluminium wheel plant
  3. EVO Corse takes over Arcasting racing line
  4. Borbet providing Ukraine aid
29th November 2022/by Chris

Bandvulc invests in robotic retreaded tyre production upgrades

Retreading, UK News
Continental

Bandvulc has invested in the installation of an Automated Build Cell (ABC) Robot at the Ivybridge plant. Head of Hot Retread Production at Bandvulc, Tony Mailling, explained how the upgrade has increased efficiency:

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Related news:

  1. Vacu-Lug adds further retread manufacturing upgrades
  2. Conti’s Bandvulc purchase results in UK market remoulding
  3. Marangoni deploys new compound system in Rovereto
  4. Bandvulc’s investment in quality control and personnel development helps ‘set the standard for retreads’
28th November 2022/by Chris

Shandong Province promotes tyre industry upgrading

International News
Triangle Tyre

On November 11, Shandong Province announced the ‘Action Plan for a Powerful Province of Advanced Manufacturing (2022-2025)’. The Shandong authority specifically emphasised in this guidance document the necessity to promote increased quality in the development of high energy consuming industries, including the tyre industry. In addition, the concepts of “intelligent upgrade”, “green transformation”, “service extension”, and “ecological agglomeration” mentioned in the Action Plan also set out a rough outline for the upgrade and development of tyre companies in Shandong Province in the next few years.

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Related news:

  1. Digital transformation in the tyre sector
  2. Shandong provincial government ‘eliminating’ outdated tyre production capacity
  3. Shandong, China tyre production picks up
  4. New trade deal will aid US doing tyre business with South Korea
24th November 2022/by Xuda Wang

Bridgestone to invest $250m in Costa Rica over 5 years, increasing production

Company News, International News
Bridgestone

Bridgestone Americas will invest an additional $190 million to renovate and expand its Costa Rican tyre manufacturing operations. The newly announced funds extend the existing plan to invest $60 million in Belén de Heredia by 2026. Bridgestone will increase its production capacity by 36 per cent, adding more than 160 new permanent jobs.

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Related news:

  1. Bridgestone expanding truck/bus tyre capacity at Warren County, USA plant
  2. Bridgestone lost some data in Americas ransomware attack
  3. Bridgestone Americas factories getting back online after cyberattack
  4. Grant to aid Bridgestone’s guayule research
22nd November 2022/by Andrew

Apollo Tyres’ Chennai Plant receives the Deming Prize

International News
Apollo Tyres

Apollo Tyres’ Chennai Plant was recently awarded the Deming Prize, one of the highest awards relating to Total Quality Management (TQM). C Thomas Mathew, Unit Head, Chennai Plant, Apollo Tyres Ltd received the award from the Deming Prize Committee in Tokyo, Japan on Monday, 14 November.

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Related news:

  1. Apollo Tyres one of ‘best workplaces in manufacturing’
  2. Apollo Tyres Bestows Manufacturer Awards
  3. Apollo Tyres Co-Hosts First Indian CV Awards
  4. Apollo Recipient of India Manufacturing Excellence Awards
17th November 2022/by Chris
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