Continental Opens Research Lab In Germany For Dandelion Rubber
Continental’s new lab is designed as a base for future research on farming and the extraction process of Russian dandelions as an alternative raw material source to rubber trees.
Michelin Partners with Mobivia to Grow A.T.U.
The Michelin Groupe has joined forces with European vehicle parts and servicing company Mobivia in an effort to grow Auto-Teile-Unger, a German automotive service provider of which Michelin has a 20% stake.
Silica Producer Building Plant in S.C.
Evonik Industries, a Germany-based specialty chemical company, is investing $120 million to build a production plant for precipitated silica in the U.S. to supply silica to tiremakers in the region. The new Evonik plant will be built near Charleston, S.C., which is close to the production facilities for tiremakers such as Continental, Michelin, Bridgestone, Giti
Hankook Showcasing New Products at IAA for Commercial Vehicles
Hankook Tire is presenting several new products at the 66th IAA for Commercial Vehicles in Hanover, Germany, Sept. 22-29. Tires showcased at the event include the tire made specifically for coaches, the SmartTouring tire; a complete line with maximum fuel efficiency following the extension of the modern e-cube Blue series for long-haul trucks; and new
Apollo Tyres Acquires Reifencom
Apollo Tyres has acquired the German tire distributer – Reifencom GmbH – for 45.6 million euros. Reifencom is one of Germany’s largest tire distributers, operating 37 stores and service centers across Germany. The company also has an online presence in Germany, France, Italy, Austria, Switzerland and Denmark. “The acquisition is a strategic fit in further
Accella Tyre Fill Systems Producing Arnco Product Portfolio in Germany
Accella Tyre Fill Systems, a tire fill systems and flat-proofing solutions manufacturer, announced it will produce the Arnco product portfolio at the Dortmund, Germany manufacturing facility. The opportunity is a result of the company acquiring Zeus GmbH in 2014. “The Dortmund, Germany manufacturing facility will now be able to offer traditional oil-based tire fill systems
Michelin Bolsters Position in Germany With Another Buy
Groupe Michelin strengthen its position in Germany with the 100% acquisition of consumer tire wholesaler Meyer Lissendorf. The purchase price was not disclosed, according to Tyres & Accessories. Based near Cologne, Meyer Lissendorf has two primary warehouses and employs 90 people, and it reaches some 300 tire retailers across the country. In 2014, Michelin bought
