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You are here: Home1 / Serbia

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Toyo: Serbia plant’s solar panels will save 200,000 tonnes of CO2

Company News, International News
Toyo

Toyo Tires has confirmed that its Indija, Serbia plant is using a “Taiyo (太陽)” solar energy array that is designed to eliminate 200,000 tonnes of CO2 over its working life.

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Related news:

  1. Toyo Serbia to begin tyre production in late July
  2. Toyo breaks ground on Serbia tyre factory
  3. Toyo Tire outperforms first-half 2022 forecasts
  4. Toyo Serbia hailed as new “global production base”
17th 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

Toyo Serbia hailed as new “global production base”

Company News, International News
Toyo

Following the news that Toyo Tire officially opened its Serbia tyre production plant on 14 December 2022, details of the speeches given by Toyo Tire president and CEO Takashi Shimizu as well as Republic of Serbia president Aleksandar Vučić have been revealed.

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Related news:

  1. Toyo investing 390 million euros in Serbia tyre factory
  2. Toyo given free land as part of 364 million euro Serbia tyre factory investment
  3. Linglong injects 146 million euros of capital into Serbian tyre factory project
  4. Toyo breaks ground on Serbia tyre factory
21st December 2022/by Chris

Linglong: Serbia plant will be officially put into production soon

International News
Linglong

On November 2, Linglong held a performance presentation on the operation of the third quarter of 2022. Linglong chairman Wang Feng, board secretary Sun Songtao and heads of relevant departments attended the performance presentation and interacted with investors on Linglong’s business situation.

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Related news:

  1. Linglong Serbia plant talks continue
  2. Linglong Tire confirms Serbia factory plans
  3. Linglong to supply VW, Renault from Serbia plant
  4. Linglong Tire begins Serbia factory project
9th November 2022/by Xuda Wang

Linglong signs building contract for Serbia tyre plant

Company News, International News
Linglong

Recently, Linglong Tire signed a cooperation agreement with CCCC First Highway Engineering Group. CCCC First Highway Engineering Group will lead the continuing construction of the Serbian project of Linglong International Europe into the plant’s next phase. The plant produced its first tyre, an Eplus-01 truck and bus radial tyre, on 27 June. It is reported that CCCC First Highway Engineering Group’s main task is to be responsible for the current and subsequent construction projects and to promote the construction progress of Linglong’s European project. The two parties did not disclose the specific cooperation details.

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Related news:

  1. Linglong Tire confirms Serbia factory plans
  2. Linglong Tire to officially start Serbia plant project
  3. Linglong Tire begins Serbia factory project
  4. Linglong car tyre plant commissioned
26th October 2022/by Xuda Wang

EU-27 plus UK tyre imports rise 11% as winners and losers emerge from turbulent market

Company News, International News, Market Info, Premium, Product News, UK News
Astutus Research

Since March, cumulative passenger car and light truck tyre imports to the European Union and UK have, for the first time, recovered to run above pre-pandemic levels. This is despite the well-documented impact of sharply higher ocean freight costs in this period, and disruption to production in some source countries. A newly published report by Astutus Research, “European PCLT Tire Demand and Supply Forecasts to 2026”, shows that in the first seven months of 2022, European (the EU-27 plus UK)* imports from outside the region were 11% higher than the same period last year and 5% higher than the equivalent pre-Covid period in 2019.

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Related news:

  1. Ukraine war’s impact on global tyre-makers acute for Nokian, manageable for others
  2. Chinese tyre import share rises above 50% in declining European market
  3. Serbia to become PCLT tyre production hub
  4. Tyre manufacturers to lose $2bn in OE revenues due to semi-conductor shortage
5th October 2022/by Andrew

Linglong Tire reveals details of Serbia and Aircraft tyre plant progress

News

Linglong Tire recently answered questions from investors via the interactive platform of the Shanghai Stock Exchange. The answers reveal details related to developments at the company’s Serbian factory and its Chinese aircraft tyre production plant.

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Related news:

  1. Serbia open for business
  2. Linglong’s Serbia factory faces local environmental opposition
  3. Dunlop Aircraft Opens Chinese Retread Plant
  4. Dunlop Aircraft Tyres strengthens manufacturing, testing with ex-Yokohama equipment
20th September 2022/by Xuda Wang

Toyo Tire outperforms first-half 2022 forecasts

Company News, International News
Toyo

Toyo Tire Corporation achieved a 20 per cent year-on-year increase in net sales in the first half of 2022, with the total rising to 223,667 million yen (£1.373 billion; 1.626 billion euros). At the same time, operating income came in at 25,972 million yen (£160 million; 189 million euros) in the first half of 2022. Both figures outperformed the companies first-half 2022 forecasts.

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Related news:

  1. Toyo Serbia started tyre production in July, US exports prioritised
  2. Toyo Fund Supports Overseas Projects
  3. Toyo Aiming for 5% of US Market
  4. Toyo Names Three US Promotions
10th August 2022/by Chris

Toyo Serbia started tyre production in July, US exports prioritised

International News
Toyo

Toyo Tire’s Serbia car tyre production plant became operational on 27 July 2022. The news is in line with Europe executives’ mid-July comments, which suggested the factory would start making tyres by the end of July. The latest news is that shipments are now beginning to move out and that the company is planning to “preferentially supply the US until the end of this year [2022]” in order to “meet robust demand there”.

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Related news:

  1. Cooper Tire reopening US and Serbia tyre factories
  2. Vipal Machinery sales growing in the USA
  3. New Serbia plant key to more profitability – Toyo
  4. Toyo Tire outperforms first-half 2022 forecasts
10th August 2022/by Chris

Toyo Serbia to begin tyre production in late July

International News

Having previously confirmed that tyre production would begin at the company’s Serbia factory during July, Toyo Europe executives are now specifying that tyres will begin rolling off the production line by the end of the month. When full production gets underway, the factory will be pioneering in green electricity terms since it will utilise bifiacial solar panels.

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Related news:

  1. Toyo investing 390 million euros in Serbia tyre factory
  2. Serbia to become PCLT tyre production hub
  3. New Serbia plant key to more profitability – Toyo
  4. Cooper Tire reopening US and Serbia tyre factories
13th July 2022/by Chris

Linglong, Hubtrac and what makes a European tyre

International News
Chris Anthony; Tyre Industry Publications Ltd

If you design your products in Germany and manufacture them in Serbia, in what sense are they Chinese tyres? A question anyone interested in Linglong’s Hubtrac tyre brand must address. During the recent Tire Cologne exhibition, Tyres & Accessories spoke with Hubtrac UK general manager Dr Edward Xu in order to engage with that particular question and find out more about Linglong’s progress in Europe and beyond.

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Related news:

  1. Linglong launches Hubtrac brand tyres in European market
  2. Hubtrac team raises Q4 income expectations
  3. Linglong’s Serbia factory produces first tyre
  4. Guy Heywood named Hankook Tire Europe truck tyre marketing director
5th July 2022/by Chris

Linglong’s Serbia factory produces first tyre

International News, Product News
Linglong

The first tyre manufactured at Linglong’s Serbian factory – an “all steel radial truck and bus tyre” – rolled off the production line at 6:58am on 27 June 2022 China time (23:58 European time). Whatever the precise time, production on 27 June fulfils Linglong Tire chairman Wang Feng’s commitment that the factory would enter its initial manufacturing phase before the end of the first half of 2022.

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Related news:

  1. Serbia to become PCLT tyre production hub
  2. Linglong launches Hubtrac brand tyres in European market
  3. Linglong Tire greenlights Serbia factory project
  4. Hubtrac team raises Q4 income expectations
28th June 2022/by Chris

Linglong Serbia tyre trial production underway in 1H 2022

International News

Linglong Tires has confirmed earlier reports that trial tyre production at the company’s Serbia tyre manufacturing plant will commence by the end of the first half of 2022. In other words, the first tyres will roll off the Chinese tyre manufacturer’s Serbian production line by the end of June. Mass production is the next stop. However, since the first date refers to trial production, Tyres & Accessories understands that it will take till around August for the factory to achieve more deliverable output volumes.

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Related news:

  1. Serbia open for business
  2. Linglong Serbia plant talks continue
  3. Serbia to become PCLT tyre production hub
  4. Linglong’s Serbia factory faces local environmental opposition
1st June 2022/by Chris

Toyo Tires restructures European operation ahead of plant opening

Company News

With the start of production at its new factory in Serbia drawing nearer, Toyo Tire Corporation is changing its organisational structure in Europe. Toyo Tire Europe GmbH, which has served as the sales vehicle and sales headquarters within the region, will be reorganised into a holding company that includes the Serbian plant under its umbrella. From 1 June 2022, the tyre maker will thus be represented in Europe by Toyo Tire Holdings of Europe GmbH.

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Related news:

  1. Toyo Tires setting up European R&D centre
  2. Toyo Tires adjusting management team to facilitate Europe tyre plant project
  3. Toyo Tire prepares for Serbia plant start with structural change
  4. Toyo Tires appoints Kuribayashi president of European production subsidiary
30th May 2022/by Stephen

Linglong’s Serbia factory close to production start

International News

On 11 May 2022, Linglong Tire chairman Wang Feng was quoted as saying that Linglong’s Serbia tyre factory begin trial production shortly.

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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. Hubtrac team raises Q4 income expectations
  4. First truck tyres roll off Linglong Thailand production line
13th May 2022/by Chris
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