• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / Spain

Posts

Sentury self-financing Spanish tyre factory shortfall

Company News, International News
Sentury

On 17 January, Sentury said it will adjust its financing plan through the stock market and specifically non-public offering of shares. After the adjustment, the tyre manufacturer will obtain no more than 2.8 billion yuan (about £330 million; 380 million euros), which is far lower than the 4 billion yuan (about £480 million; 540 million euros) proposed in the previous plan.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Chinese aviation fund invests in, partners with Sentury Tire
  2. Sentury internationalising with US tyre factory investment
  3. Georgia selected as location for $500 million Sentury Tire US factory
  4. Sailun bond issuance application approved
24th January 2023/0 Comments/by Xuda Wang

Warren Rudman leaves Sentury Tire Spain project

Career Tracks, International News
Sentury Tire

On 2 January 2023, Warren Rudman left his role as general manager Sentury Tire Spain. Rudman’s departure follows Sentury’s 30 December announcement that the company is planning to invest in a new tyre factory in Morocco. Signing off his departure announcement, Rudman noted “I will start a new journey soon”.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Sentury Tire intends to build 523m euro Spanish tyre plant
  2. Sentury investing $300 million in Morocco tyre factory
  3. Sentury Tire joins the Shenzen Stock Exchange
  4. Sentury launches Qirin EV
3rd January 2023/by Chris

Sentury investing $300 million in Morocco tyre factory

International News

On 30 December 2022, Sentury Tire shared that the company convened a board meeting to approve the “Proposal on Investing in the Construction of High-Performance Car and Light Truck Radial Tire Projects in Morocco”. In other words, the company is planning to build its third overseas factory just outside Morocco, North Africa in what will be the first Chinese tyre factory in Africa. Sentury plans to invest just under US$296.78 million in constructing the Morocco tyre plant, which is set to have a production capacity is 6 million car and light-truck tyres a year.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Warren Rudman leaves Sentury Tire Spain project
  2. New Algerian tyre plant to feature Cimcorp logistics automation
  3. Sentury Tire intends to build 523m euro Spanish tyre plant
  4. Conti to double Otrokovice TBR capacity, widen export programme
3rd January 2023/by Chris

Continental voluntarily recalls 7,103 tyres

International News
Continental

Continental has announced a voluntary replacement programme for a total of 7,103 tyres worldwide. According to a statement detailing the news published on 7 December 2022, the exchange programme is being offered in Germany, Austria, Switzerland, Spain, France and Italy. In the German market, for example, a total of 745 tyres that were sold through the tyre replacement business or are still in the stocks of tyre dealers are eligible for exchange. A Continental Tyre Group spokesperson confirmed that the UK market is not affected by the voluntary exchange programme.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. CV trailer market to grow 2% despite weak 1H
  2. European car registrations fall again
  3. European September CV sales – "Downturn prevails"
  4. UK the one bright spot in YTD EU truck sales
7th December 2022/by Chris

Marangoni’s Europe sales force meet in Spain

International News, Retreading
Marangoni

Recacor (Recauchutados Cordoba) recently hosted a meeting of Marangoni’s Retreading Systems’ European sales force in Spain. The event was also marked 25 years of partnership between Marangoni and Recacor.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. UK Withstanding Truck Tyre/Retreading Downturn Well
  2. New Marangoni partner in Spain
  3. Omega 3000 Extruder
  4. Marangoni acquires Indian JV share for 710,000 euros
28th November 2022/by Chris

Greenval Technologies investing 20 million euros in Spain pyrolysis tyre recycling plant

International News, Retreading
Greenval Technologies

Greenval Technologies has announced plans to invest 20 million euros in the construction of tyre pyrolysis/energy generation plant in Aspe, Spain. The facility is scheduled to start running in 2023 and will generate more than 100 jobs during construction plus 30 ongoing jobs at the facility. Aspe City Council is said to be already studying the proposal in light of the necessary licenses.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Enviro completes Michelin share offer
  2. BASF invests 16 million euros into Pyrum waste tyre oil recovery
  3. Sustainability: ZC Rubber setting up tyre pyrolysis, recycling facilities
  4. Kwik-Fit and Stapleton’s owner ETEL buys leading tyre recycling firm Murfitts
3rd November 2022/by Chris

Grupo Soledad reports record sales of 353 million euros for 2021

Company News, International News
Grupo Soledad

Sales turnover fell 15 per cent during 2020 at Iberian tyre retail and distribution specialists Grupo Soledad. However, figures rose 24 per cent in 2021, resulting in record sales of 353 million euros as well as profits of 13.7 million euros – both numbers suggesting that previous figures were a Covid-related blip and that the company is currently on a “V-shaped” recovery trajectory. Grupo Soledad’s previous sales record was 336 million euros in 2019.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Grupo Andrés tyres sales were 219 million euros in 2021
  2. Grupo Soledad opens new Confortauto in Cartagena, Spain
  3. Michelin temporarily closes some European factories, car tyre demand down 9%
  4. Hexpol completes 48 million euro Unica acquisition
1st November 2022/by Chris

Recent Western Europe car tyre production decline ‘similar to financial crisis’ years

Company News, Market Info, Premium, Product News

Passenger car and light truck (PCLT) tyre production trends in Western Europe have been scaling down over the long-term. The move to larger production facilities in the comparatively low-cost labour markets in Eastern Europe, or greater reliance on imports from Asia, has seen a steady stream of plant closures and conversions to speciality, short-run production capacity – on in the case of Cooper Tire’s UK plant, for example, one followed by the other – in the region. A new assessment of the most recent three-year period by tyre industry analyst Astutus Research suggests that the overall picture has been of a decline similar to the period following the 2008 financial crisis, which was itself a catalyst for this trend. Yet digging a little deeper into the figures shows several dynamics at play in European PCLT tyre production, including supply chain disruption and spiralling energy costs. For comprehensive analysis of global tyre market trends, a series of reports by Astutus Research are available to buy now in the Tyrepress Reports Shop – click here for more details.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Decennial shift in global PCLT tyre volume market share
  2. Michelin the number one consumer researched tyre brand: Tyre Reviews
  3. 3 tyres rated ‘exemplary’ in Auto Bild’s winter tyre test
  4. Goodyear: New EfficientGrip Performance 2 tyre offers 20% more mileage than Michelin
28th October 2022/by Andrew

Sentury working to speed up Spanish factory construction

International News

Sentury is in the process of declaring its Spanish factory plans as a strategic industrial project with the government of Garcia, Spain. The tyre maker hopes that its plant in the As Pontes region of Garcia will be able to use this method to obtain fast-track approvals to speed up the entire project’s construction.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Hangzhou Zhongce confirms Thai factory reports
  2. MRF to increase tyre production capacity – reports
  3. Georgia selected as location for $500 million Sentury Tire US factory
  4. ZC Rubber’s Anji factory starts making tyres
13th July 2022/by Xuda Wang

How Pirelli’s F1 tyre compounds made the difference in Barcelona

Motorsport
Pirelli

Pirelli’s new 18” Formula 1 tyres faced “one of the biggest tests” of their inaugural season in Spain as Red Bull’s Max Verstappen used a three-stop strategy to win and gain the championship lead. He alternated between the P Zero Red soft tyre, with which he started the race, and the P Zero Yellow medium, on which he finished it, handling a high-energy circuit and high temperatures with relatively high degradation. His team mate Sergio Perez and Mercedes driver George Russell, who also finished on the podium, both used a different three-stop strategy: soft-medium-medium-soft.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Pirelli riders come back from injury for 2011 Isle of Man TT road races
  2. Pirelli announces Spain, Monaco, Canada tyre nominations
  3. 3 softest Pirelli P Zero F1 compounds available for Monaco
  4. British GP tyre problems unrelated, believes Pirelli
24th May 2022/by Andrew

Grupo Andrés exhibiting at The Tire Cologne

International News
Grupo Andrés Neumáticos

Grupo Andrés Neumáticos will once again participate in The Tire Cologne when it runs from 24-26 May 2022. Grupo Andrés, which has invested in a significant-sized stand for the event, will be located at stand E038 Hall 8 at the Koelnmesse Exhibition Centre.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Grupo Andres: tyre exports are growth area
  2. Grupo Andrés tyres sales were 219 million euros in 2021
  3. Grupo Andrés begins construction of robotised tyre warehouse and headquarters
  4. 25% of Neumáticos Andrés sales are exports
26th April 2022/by Chris

Bridgestone supports international youth motorcycle racing series

Motorsport
Bridgestone

Bridgestone has confirmed a second year of partnership with the Hawkers European Talent Cup (HETC). As of this year, the tyre manufacturer is also official partner of the Federation Française de Motocyclisme (FFM) and sole supplier for the Objectif Grand Prix (OGP), the French national championship dedicated to promising young riders. Bridgestone says it shares the passion for competition and performance that are the basis of motorcycle racing.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. No Le Mans win, but Bridgestone back on motorcycle championship podium
  2. Bridgestone pride in F.C.C. TSR Honda France EWC victory
  3. Bridgestone to raise consumer tyre capacity in Hungary
  4. Bridgestone launches Battlax Sport Touring T32 motorcycle tyres
20th April 2022/by Andrew

Grupo Alves Bandeira show Matrax tyres at Motortec

International News
Matrax Tyres

When the Motortec aftermarket exhibition takes place in Madrid (from 20-23 April), Grupo Alves Bandeira will present its range of Matrax brand tyres. According to the company, this is the first time that Matrax Tires have been displayed in Europe. In addition, Grupo Alves Bandeira will also use its presence at the Madrid event to present its AB and Matrax branded lubricants and batteries.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin invests in Iberian tyre distribution
  2. Doublestar car tyres on-sale in Carrefour Spain
  3. Grupo Andres: tyre exports are growth area
  4. Grupo Andrés tyres sales were 219 million euros in 2021
14th April 2022/by Chris

25% of Neumáticos Andrés sales are exports

Company News, International News
Neumáticos Andrés

The evolution of its International Department is behind the recent growth in exports from Iberian Peninsula-based tyre distributor Neumáticos Andrés. Exports accounted for 25 per cent of its 2021 sales, with deliveries reaching customers in more than 30 countries around the world.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin invests in Iberian tyre distribution
  2. Grupo Andres: tyre exports are growth area
  3. Grupo Andrés tyres sales were 219 million euros in 2021
  4. Grupo Soledad becomes exclusive Sailun distributor in Iberian Peninsula
7th April 2022/by Chris

Solar facility to lower carbon footprint of Bekaert’s Burgos plant

International News

Bekaert considers the installation of a solar park within the grounds of its plant in Burgos, Spain a “significant step in progressing on the company’s sustainability ambition to reach Carbon Net Zero by 2050.” The facility at the Industrias del Ubierna SA (Ubisa) site will produce over 14 GWh of electricity per year, equivalent to the annual consumption of more than 4,000 households.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Planned Bekaert Facility to Meet Russian Tyremakers’ Needs
  2. European Commission approves Bekaert acquisition of Pirelli steel cord business
  3. ZC Rubber, Bekaert sign strategic cooperation agreement
  4. Bekaert and ArcelorMittal close Sumaré deal
4th April 2022/by Stephen
Page 1 of 32123›»

Popular Articles Today

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top