According to Rosstat, Russia’s Federal State Statistics Service, tyre makers within the Russian Federation produced 45.6 million tyres and rubber tubes last year, 10.2 per cent fewer than in 2022 – a figure in turn 21.4 per cent lower than the 65.1 million tyres and rubber tubes manufactured in 2021. In total, tyre and tube production decreased 30.0 per cent between 2021 and 2023.
The Maharashtra Pollution Control Board, the environmental regulatory body in India’s Maharashtra state, has permitted Ceat Ltd. to restart operations at its Bhandup plant. It issued directions to this effect on 13 November 2023; these allow the tyre maker to resume production in Bhandup provided it complies with “certain conditions”. Notifying the BSE and National Stock Exchange of India of this development, Ceat does not mention specific details of these conditions but confirms it is “taking necessary steps” to fulfil them.
The environmental regulatory body in India’s Maharashtra state has ordered tyre maker Ceat Ltd to pause operations at one of its plants. In notifications supplied to the BSE and National Stock Exchange of India, Ceat reports that the Maharashtra Pollution Control Board told it to “close down operations” at the Bhandup factory in the suburbs of Mumbai. According to Ceat, the Board’s correspondence of 4 November 2023 claims “certain alleged violations of the pollution control norms.”
Hats off to the team at the Continental tyre plant in Timisoara, Romania, who have produced 300 million tyres. The Timisoara plant recently celebrated both its silver anniversary and this impressive production milestone.
Production at the Apollo Tyres Ltd. OTR tyre factory in Limda, India has “fully resumed” after being stopped by industrial action, the tyre maker reported on 24 September. Apollo Tyres had announced on 20 September that tyre making at the Limda plant in had stopped due to “certain concerns amongst shop floor employees” relating to the renewal of a long-term settlement agreement.
Plant engineer and equipment manufacturer Zeppelin Systems launched the Zeppelin Sustainable Tire Alliance in March 2023 to pursue a goal of increasing sustainability within the tyre industry by rethinking production and recycling within the context of a circular economy. The Alliance brings together firms from around the world in order to put this vision into practice at various points in the tyre value chain. The latest to join is Siemens AG.
A total of 25.2 million tyres and rubber tubes were produced in Russia from January to July 2023. The country’s Federal State Statistics Service reports that this represents a production volume of just 77.3 per cent compared with the same months of 2022.
On 13 June, Qingdao-based tyre manufacturer Sentury announced that it had supplied products to Nokian Tyres in the first quarter of 2023. Writing in a stock exchange filing, Sentury representatives specified that the company has delivered Nokian-branded winter tyres. Sentury said that “the supply will continue in the second quarter” and the current cooperation with Nokian is “good”.
A total of 35.1 million tyres for all powered applications were sold in Russia in 2022, reports daily newspaper Kommersant. This figure represents a year-on-year decrease of 14.9% that disproportionately weighed upon the premium tyre segment. Tyre makers based within the country produced 42.7 million tyres within the year.
Goodyear’s latest financial results show that third-quarter 2022 group sales grew 7.6 per cent to $377 million up from $5.311 billion and $4.934 billion respectively the preceding two years. According to the company, the increase was driven by pricing actions that drove revenue per tyre (excluding foreign currency) 16 per cent higher than Q3 2021 level. At the same time, sales were impacted by lower tyre volumes, which declined 3 per cent.
Yokohama Rubber has announced it will cease supplying karting tyres at the end of this year. The tyre maker says its management team reached this decision “after careful consideration of various viewpoints” related to restructuring as part of the company’s mid-term management plan.
Although Chinese factories produced significantly fewer tyres in the first half of 2022 than in the same period last year, monthly figures released by the country’s National Bureau of Statistics show a return to year-on-year growth in June. A total of 76.98 million tyres were manufactured within China last month, a 1.2 per cent year-on-year increase and 6.75 million more than were produced in May 2022.
Although war continues to rage in Ukraine, German tyre maker Continental is once again producing in Russia. The reason the company gives for resuming tyre manufacture is duty of care for its Russian workforce.
Nokian Tyres has explained the decision to retain its manufacturing operation in Russia, a facility that reportedly produced 82 per cent of Nokian’s passenger and light commercial vehicle tyres last year. The Finnish tyre maker states that by continuing to operate the passenger car tyre factory in Vsevolozhsk, Russia it wants to “make sure that the factory is operated and controlled by Nokian Tyres also in the future.”
As of Friday 18 March 2022, Bridgestone Corporation will suspend its manufacturing activities in Russia until further notice. This production stop will take place after “the necessary preparations” are made. The company has also decided to freeze any new investments and suspend all exports to Russia with immediate effect.