Vredestein: ‘Marriage’ to Apollo Will Stand the Test of Time
On May 15, Apollo Tyre’s purchase of Vredestein Banden was completed with the signing of contracts ratifying a deal estimated to be worth between 175 million and 229 million euros.
Kumho, Uniroyal Awarded Which? ‘Exceptional Value’
The U.K. consumer advice magazine Which? has published the results of its latest tyre tests in the April 2009 edition, awarding “Exceptional Value” ratings to the Uniroyal RainSport 2 and the Kumho Solus KH17.
Hankook Tire Nominated Member of ETRMA
Hankook Tire has been officially nominated concordantly as a corporate member by the Board of Directors of the European Tyre & Rubber Manufacturers’ Association (ETRMA).
European End of Life Tyre Recovery Now Above 91%
The ETRMA has confirmed that, last year, the European recovery rate for end of life tyres exceeded 91%, a rate more than 4% higher than the previous year.
Rising Tyre Prices Turn Finns to Korean, Chinese Suppliers
(Helsinki Times) High oil prices are extracting their toll from Finnish drivers also when they go to change their tires.
TRIB Adds Three
Nokian Tyres Inc. (U.S.), Dorsey Tire Co., based in Savannah, Ga.; and Malaysia’s Platinum 1 International are the newest members of TRIB.
Tyre Industry Response to REACH Legislation
Due to be phased in over the next 10 years, the European Union’s chemical usage legislation REACH – dealing with the Registration, Evaluation, Authorisation and Restriction of Chemical substances – holds implications for many at all levels of the tyre industry.
Goodyear ‘Considering’ $250 million Plant in Russia
Goodyear is reportedly considering building a five million unit tyre production plant in the Yaroslavl region of Russia, at a cost of between $200-250 million.
Vianor Expands into New Hampshire
The Nokian-owned Vianor tyre retail chain has continued its international expansion following the opening of a new branch in Kazakhstan two weeks ago.
Del-Nat Units in Cooper Recall
Among the 48,000 LT-metric tires Cooper has been recalling are 968 Del-Nat tires in size LT265/75R16 load range E.