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You are here: Home1 / Triangle Tire

Posts

Triangle Tire’s Moglia: ‘We never stopped’

Company News, Product News
PneusNews.it

Three years of intense work to open the European headquarters in Milan, build the team, develop and launch dedicated products, gain market share and then… the pandemic. Corrado Moglia, CEO of Triangle Tire in Europe, spoke to group publication PneusNews.it about how the company has dealt with this difficult period.

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Related news:

  1. Farnese Pneumatici to distribute Triangle tyres in Italy
  2. Triangle Tyre celebrates 40th anniversary
  3. Triangle Tyre appoints new European team
  4. Triangle Tyre Europe appoints Pizzamiglio as sales director Southern Europe
15th July 2020/by Andrew

Triangle Tyre appoints new European team

Career Tracks, Company News, International News

Following Triangle Tyre’s initial public offering (IPO) in 2016 on the Shanghai Stock Exchange, the company has raised capital to drive its business forward. As a result, the Weihai-Shandong based company has initiated a globalization process aimed at increasing its shares in the most strategic markets. This means the establishment of new European Headquarters in Milan, Italy and a newly appointed European team. Triangle Tyre has chosen Corrado Moglia to lead its European growth agenda, as general manager for Europe. Moglia is a tyre veteran with more than 25 years of experience in the industry with Bridgestone, Marangoni and Giti Tire in his career, with his latest position in Giti being managing director for Latin America and Europe.

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Related news:

  1. Triangle moving to make its mark in Europe
  2. BKT Europe appoints Roberto Locati OEM sales manager
  3. Triangle Autopromotec 2019 product round-up
  4. Westlake Tyres appoints Nordic sales manager
9th June 2017/by Tyrepress Editors

Triangle Tire net profit down 2.6% in Q1 2017

Company News

Despite a 36.3 per cent increase in operating income to RMB 2.2 billion (£249.4 million) in the first quarter of 2017, Triangle Tire reports that its year-on-year net profit declined 2.6 per cent in the first three months of the year to RMB 156.9 million (£17.8 million).

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Related news:

  1. Raw material prices drive up Giti Tire Corp profits in H1 2012
  2. Bridgestone outlines tyre SBU consolidation in 2013MTP
  3. Triangle Tyre celebrates 40th anniversary
  4. Shandong Linglong Tire: Net income up 49% in 2016
24th April 2017/by Tyrepress Editors

Pierre Cohade no longer CEO of Triangle Tire

Career Tracks

In the summer of 2015 we reported Triangle Tire’s appointment of Pierre Cohade as the company’s chief executive officer. At the time we wrote that the former Goodyear man (Cohade served as president of Goodyear Tire & Rubber’s Asia Pacific business between October 2004 and December 2011) had joined China’s second largest tyre maker in April that year and was tasked with extending Triangle Tire’s globalisation plan.

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Related news:

  1. Ex-Triangle and Goodyear Tire executive Cohade joins Johnson Controls
  2. Triangle Tire gains IPO approval
  3. Triangle Tyre celebrates 40th anniversary
  4. Michelin Celebrates ‘Navy Week’, but has Goodyear Trained its Guns on Military Contracts?
22nd November 2016/by Tyrepress Editors

Triangle to upgrade PCR and TBR production with IPO funds

Company News, International News

Following yesterday’s confirmation that Triangle is going ahead with the initial public offering (IPO) on the Shanghai stock exchange the company planned last year, the company has revealed a number of other key details.

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Related news:

  1. Triangle IPO on for early September
  2. Triangle IPO underway
  3. Linglong IPO attracts 2000x more interest than offer
  4. Jiangsu General investing US$300 million in Thailand tyre plant
23rd August 2016/by Tyrepress Editors

Triangle Tyre celebrates 40th anniversary

Company News, International News

Chinese tyre manufacturer Triangle Tyre celebrated its 40th anniversary on 8 April. According to the company, over the past 40 years, Triangle Tyre has enjoyed “a big improvement in the tyre production” both in terms of quality and quantity.

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Related news:

  1. Triangle building fifth factory
  2. Serbia open for business
  3. Triangle to upgrade PCR and TBR production with IPO funds
  4. ZC Rubber’s Anji factory starts making tyres
12th April 2016/by Tyrepress Editors

Triangle Tire gains IPO approval

Company News, Premium

Approval has been given for the long-anticipated Triangle Tire Co Ltd. initial public offering. The Shanghai Stock Exchange disclosed on 6 January that the go-ahead was granted at the meeting of the exchange’s Issuance Examination Committee held earlier that day.

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Related news:

  1. Mesnac consolidates regional operations into global tooling division
  2. Chengshan to buy out Cooper for US$286 million
  3. What cabinet reshuffles and a UK-China free-trade deal might mean for the tyre industry
  4. Guizhou/Advance Tyre release further Vietnam factory plans
8th January 2016/by Tyrepress Editors

Triangle opens US HQ in Tennessee

International News

Triangle Tire’s Triangle Tire USA division is establishing its North American headquarters in Franklin, Tennessee. At the same time, the company announced that it has appointed ex-Bridgestone Americas executive Manny Cicero as its CEO. Following his time at Bridgestone, more recently Cicero has worked as an industry consultant.

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Related news:

  1. Retention of Chinese tyre tariffs a “good outcome”, says US union
  2. Bridgestone an FCA Supplier of the Year
  3. Wurst joins Triangle Tire USA as senior development engineer
  4. US Court Orders Review of China OTR, Ag Tyre Duties
3rd November 2015/by Tyrepress Editors

Chinese contingent view potential Thai rubber sources

International News

A group of “leading rubber processors from China” are set to visit Thailand, Indonesia and Myanmar to survey sites to establish rubber plants in the next week or so. Thailand’s The Nation reports that about 10 rubber processors from Shandong province and representatives from the China Council for the Promotion of International Trade are scheduled to visit Indonesia, Myanmar (Burma) and Thailand between 19 and 25 November.

The group reportedly consists of around 50 representatives from both companies and government agencies. It will reach Thailand on 23 November where it will stay for two to three days with a view to considering “opportunities to invest in the South and Northeast, the country’s major rubber tree growing areas”.

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Related news:

  1. Chinese tyre makers off-shoring in Southeast Asia
  2. Cheng Shin investing more in Indonesia project
  3. Maxxis/Cheng Shin investing $500 million in tyre factory construction and expansion
  4. Maxxis rewards leading retailers with Shanghai trip
17th November 2014/by Tyrepress Editors
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