Finland’s Nokian Tyres plans to expand its Tennessee plant in the US to double its output and produce 4 million car tyres/year by 2024. The project will add light truck tyres to Dayton’s production mix in 2023, in addition to…
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Prometeon Tyre to invest EUR30 mn in Egyptian facility upgrade
Italian tyre maker Prometeon Tyre says that it will be investing around EUR30 million for technological upgrading of its facility in Alexandria to bring production up to 1.1 million tyres/year, while enhancing the quality procedures. Prometeon says the upgrading includes…
Michelin ties up with DHL to trial airless tyres in Singapore
French tyre maker Michelin is tying up with DHL Express to trial its Uptis airless tyre. It will be fitted on nearly 50 vans in Singapore by the end of 2023. The pilot programme begins with the first vehicles making…
Stellantis to acquire stake in Symbio
Faurecia, a company of the Group Forvia, which is the world’s seventh largest automotive technology player, tyre maker Michelin and automaker Stellantis say that negotiations have started for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission…
Three tyre makers listed on Dow Jones sustainability indices
South Korean tyre maker Hankook Tire, Finland’s Nokian Tyres and Italy’s Pirelli have been included in the Dow Jones Sustainability Indices (DJSI) for industry-leading sustainability. ‘Sustainability is one of the five cornerstones of Nokian Tyres’ strategy, and we are proud…
Toyo Tire opens first tyre production site in Europe
Japan’s Toyo Tire has officially started its new factory in Serbia. Prior to this, production had partially started in July 2022 as the factory became operational with all equipment being installed. With President Aleksandar Vu?i? of Serbia and a long…
Sentury to make Nokian Tyres for European market
Nokian Tyres plc and Qingdao Sentury Tire Co. have signed a contract manufacturing agreement, whereby Sentury will start to manufacture selected Nokian Tyres’ passenger car tyres for the Central European market. Tyres manufactured at the partner’s production facility are designed…
Harps buys Semperit’s glove business for EUR115 mn
Singapore’s Harps Global Pte and Semperit Technische have reached an agreement on the acquisition by Harps of Semperit’s medical business (comprising the manufacture, distribution and sale of medical examination and surgical gloves) (Sempermed) for an enterprise value of EUR115 million.…
Carbon black bound for sustainability
Sustainable carbon black made from renewable feedstock is becoming more and more in demand. But for technologies to fully produce lower cost, carbon neutral versions, they may still need to be fine- tuned, says Angelica Buan in this report. Moving…
Recycling: Thermoset rubber circular economy
Devulcanising crumb rubber from scrapped tyres to mould new engineered products presents a solution to the huge and ever growing ecological issue of waste tyres and a way to a real circular economy for thermoset rubbers. One of the biggest…