Analysts Confident About Nokian Prospects

(Clacton, U.K./Tyres & Accessories) Nokian Tyres’ new HP 5 winter tyre has been well received in the market and pre-season sales have started well.

Published: June 21, 2006

According to a Deutsche Bank report, analysts believe this and price increases are good signs for the company’s performance in the second, third and fourth quarters. Nokian is reported to have stirred up the market by taking market share by aggressive pre-season sales in the second quarter of last year before being “hit by competition” in subsequent quarters.

“However, it seems the biggest pressure is now behind us due to the sharp increase in raw material prices. Management commented that most competitors have announced price hikes for the winter season and that these look likely to stick,” the report concluded.

Bridgestone to debut Bandag Virtual World Tour at WasteExpo 2024

The Bandag Virtual Plant Tour is an internet browser-based experience that provides a step-by-step walkthrough of Bandag’s retreading process.

By Christian Hinton

Published: April 30, 2024

Bridgestone Americas will debut the Bandag Virtual Plant Tour at WasteExpo 2024, taking place May 7-9 in Las Vegas, NV. The company said this virtual experience will transport viewers inside a Bandag manufacturing plant to demonstrate the safety, reliability and positive environmental characteristics of retreaded tires.

“The waste and recycling industry has long been a leader in innovation and a space to promote and advance sustainability-focused technologies,” Brian Goldstine, president of retread solutions, Bridgestone Mobility Solutions, said. “Through our new virtual experience, Bridgestone is able to demonstrate the technology, testing and time that goes into producing every Bandag retreaded tire and educate fleets on the importance of more cost-effective and eco-friendly tire solutions, regardless of their location.”