Conti Helps Transport Soccer Stars
As an official sponsor of the 2014 FIFA World Cup, Continental is equipping all 32 team buses for this year’s event in Brazil. The tiremaker is outfitting all buses with its ContiGol Urbano tire. “We are proud, that our premium bus tires are used on the team buses during the 2014 FIFA World Cup. The
Cheng Shin to Build Indonesia Plant
Cheng Shin Rubber Ind. Co. said Tuesday that it will invest US$300 million to build a plant in Indonesia, according to reports from Focus Taiwan. In its annual general meeting for shareholders, Cheng Shin President Chen Yun-hwa said that the construction of the new plant is scheduled to start early next year and the facility
Cheng Shin Appoints New Chairman
At Taiwanese tiremaker Cheng Shin Rubber’s Annual General Meeting, the son of company founder Lo Chieh (Luo Jie) was appointed the firm’s new chairman of the board. Lo Tsai-Jen (Lo Cairen), previously vice-chairman, replaces his 88-year old father as chairman effective June 17. Lo Tsai-Jen became vice-chairman of the board in 2010; prior to that
Bridgestone Restructuring Asian Operations
Bridgestone Corp. announced the Bridgestone Group will restructure its tire operations in China and Asia Pacific in order to “upgrade the global management structure,” which is identified as one of the group’s priority issues in the Mid-Term Management Plan 2013 (2013MTP). Currently, tire operations in China and Asia Pacific are managed by separate strategic business
Michelin Launches Classic Tire Site
On Feb. 1, Michelin took the wraps off a reference tool that targets classic car fans and industry professionals. The tiremaker says its new www.michelinclassic.com website is unique in Europe; rather than merely inaugurating a conventional website to provide tire information for historic vehicles, Michelin says it is introducing a “complete” global service, from Michelin expert
BRIC and MINT Economies Impact on Tire Market
OK so the fact that China is the world’s largest tire producer, the largest carmaker, has the largest population and is likely to be the largest economy soon means that it is massively premature to write off the People’s Republic. Rapid growth and the huge scale of Brazil, Russia and India means these markets are
Michelin Partners to Extract Rubber and Alcohol from Used Tires
Four French companies are partnering in a project to develop further applications for used tires. The work partnership is being carried out under the TREC project name and Michelin’s leadership. TREC is backed by a $51 million budget that extends over an eight year period and includes $13.3 million that France’s Agency for the Environment
Nobody’s Attempting to Buy Pirelli, Says Tronchetti Provera
Marco Tronchetti Provera has already indicated he will divest his family’s share in Pirelli some time in the next few years, however the Italian tiremaker’s chairman and CEO has quashed speculation that he has received a proposal regarding a potential Pirelli sale. In a statement written on Jan. 29 and published by Reuters, Tronchetti Provera
Details of New Tire Cologne Announced
Between May 29 and June 1 2018, a new exhibition aimed at the international tire industry will take place in Germany. "The Tire Cologne", as the show will be called, will be supported by current Reifen show main sponsor the BRV (the German Federal Association of the Tyre Trade and the Vulcanisers’ Skilled Trade), and
Apollo Introducing Vredestein in India
Apollo Tyres has launched the premium European brand, Vredestein, to cater to high-end cars and SUVs in India. Apollo acquired the brand when it bought the Netherlands-based firm in 2009. "The new range will target high-end cars in the country, it will complement our existing brands. We are targeting a monthly sales of a round
Nokian Expands Winter Tire Offering
Eight decades after Nokian Tyres introduced its first winter tire, the Finnish company has announced the addition of five new products to its winter range. Three new tires have entered the Hakkapeliitta line-up; all three, the studded Hakkapeliitta 8 SUV and the Nokian Hakkapeliitta C3 and Hakkapeliitta CR3 van tires, are designed for use in
Yokohama Combines Japanese Retreading Operations
In order to strengthen its Japanese-market retreading activities and meet an anticipated increase in demand for retreaded tires, on Jan. 1 2014 Yokohama Rubber integrated its two domestic retreading businesses into a single entity. The new Japanese retreading company is called Yokohama Tire Retread Co., Ltd. and sees Sanyo Retread Co., Ltd. merged into the