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Five OE tyre brands for Alfa Romeo Tonale
Yet another crossover is entering the vehicle parc in the shape of the Alfa Romeo Tonale, which in UK spec is exclusively available as a mild hybrid or plug-in hybrid model. Continental has announced being one of the tyre suppliers for versions equipped with 17- and 18-inch rims. It will ship Continental EcoContact 6 tyres to Alfa Romeo’s Pomigliano d’Arco plant in Naples, Italy, where they will be fitted to the Tonale in sizes 215/60 R 17 96V and 235/50 R 18 97V.
IDEA accolade for Nexen Mars tyre
Tyre makers such as Michelin and Bridgestone may be preparing to drive on the moon, but Nexen Tire has its sights on Mars. The Korean tyre maker has received recognition in the International Design Excellence Awards (IDEA) 2023 for its Mearth concept tyre.
Nexen Tire publishes 2022/23 ESG report
Nexen Tire has released its latest annual Sustainability Report, detailing progress towards sustainable management performance and other environmental, social and governance (ESG) commitments. The report, the tyre maker’s fourth, highlights ESG developments, progress and focus as well as details expanding a mid-to-long-term roadmap for ESG management.
Nexen plans Czech expansion, US plant to increase capacity and sales over next 5 years
NexenNexen plans to expand its production capacity by 40 per cent within five years. It plans to achieve this by building a new tyre factory in the United States and to expand its existing Czech factory. According to Korean media reports, Nexens’ factory in Zatec, Czech Republic, will complete the expansion project in September this year, following its 2019 official opening. Progress on the expansion project, which commenced immediately after opening, was delayed by the Covid-19 pandemic. Nexen has invested 1.2 trillion won (approximately £732 million) in the expansion of the Czech factory. Before the expansion, the factory was able to produce 5.5 million tyres per year. After the expansion phase in 2024, the production capacity is expected to be 9.2 million tyres. By 2025, it is expected the production capacity to increase further to 11 million tyres.
Nexen debuts grrripping ad campaign
Colourful big cats are teaming up with tyres in a new collaboration between Nexen Tire and Haitian-American artist Kervin Brisseaux. The tyre maker explains that efforts to establish itself as “a trendy and innovative brand” in the European market are behind the advertising campaign that is based upon Brisseaux’s artwork.
Juventus FC names Nexen Tire official tyre partner
Earlier in the month, Tyrepress.com reported that Kumho Tire has succeeded Nexen Tire as official tyre partner of football club AC Milan. Nexen Tire has now announced a new partnership but remains within Italy’s Serie A championship as partner of Juventus FC. The Korean tyre maker takes over from Linglong Tire, who had partnered with Juventus since 2018.
Nexen considering US$1 billion US tyre factory
Nexen Tire is considering eight southeastern US states as the possible location for a new $1.3-billion tyre factory project. According to stock market filing published on 18 May, Nexen is set to make a decision on the project by the end of 2023, with a view to getting the factory operational by 2028-2029.
Nexen Tire joins UNGC
Nexen Tire has joined the United Nations Global Compact (UNGC), an international initiative for sustainable and responsible corporate management. By signing on to the UNGC, the Korean tyre maker commits to aligning its actions with ten sustainability principles and pledges to contribute to the UNGC’s Sustainable Development Goals.
Nexen presents 52% sustainable tyre
Nexen Tire has unveiled a sustainable concept tyre containing 52% renewable & recycled raw materials. This Nexen EcoTech tyre, which according to its sidewall is “for the greenish future,” consists of 44% renewable materials, including natural rubber, bio-based synthetic rubber, rice husk silica and bio-based rubber chemicals. A further 8% is recycled content, including cord made from recycled PET bottles and bead wire sourced from scrap metal.
Award, 2023 launch for Nexen Roadian HTX 2
The Nexen Roadian HTX 2 is an awardee at the iF Design Awards 2023, having gained an accolade in the product design category. This honour for the HTX 2 precedes the tyre’s launch in European markets, which will take place during the course of this year. The HTX 2 will apparently complement the existing HTX range at first, however Nexen Tire has not yet released details about the launch range.
Russia: Chinese, Korean tyre brands sanctions winners
While tyre retail sales volumes in Russia reportedly declined 16% year-on-year in Q1 2023, to 3.2 million units, sales value dropped 42%. The growing popularity of lower-priced tyres partially explains this larger decrease in turnover, and imports from China and Korea rose significantly. An expert from one association nonetheless still recommends European tyres, even though they’re hard to find and expensive.
Nexen raises winter tyre prices across Europe
Nexen Tire has increased the price of its winter tyres across all the company’s own brands in the replacement market. The new price list for winter tyres will be valid for the whole European market, including the United Kingdom and Turkey.
Nexen Tire invests in curbside management firm Automotus
Next Century Ventures (NCV), Nexen Tire’s venture capital arm, has invested in Automotus, a curbside management technology company. Nexen representatives described the investment as a way of meeting “NCV’s goals to revolutionize the mobility industry”. No financial details have been released.
