Tyre maker Bridgestone’s European subsidiary has announced the sale of its Russian assets to S8 Capital, a Russian diversified holding company. The deal has received all necessary regulatory approvals. The agreement includes a tyre manufacturing plant in Ulyanovsk and a…
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ZC Rubber’s 5G digital factory gears up to meet robust PCR tyres demand
ZC Rubber (Zhongce Rubber Group Co, Ltd) has inaugurated the first PCR tyre produced at its newly built high-performance radial tyre green 5G digital factory in Qiantang District, Hangzhou. The ceremony was attended by Shen Jinrong, Chairman of ZC Rubber,…
Continental opens new hq in Germany
Technology firm Continental recently officially opened its new corporate headquarters in Hanover, Germany. The campus on Hans-Böckler-Allee marks a further milestone for the technology company in its more than 150-year history. “We have created a place where our vision, values…
Continental uses carbon black from recycled tyres in new forklift tyres
Tyre maker Continental is using carbon black from recycled racing tyres in its production of solid tyres. To this end, a total of 300 CrossContact Extreme E racing tyres were processed using a special pyrolysis process. With this initiative, the…
Lagercrantz acquires UK rubber seals firm DP Seals
Swedish technology firm Lagercrantz has acquired DP Seals Ltd, a leading supplier of rubber sealings and mouldings for high specification applications. DP Seals designs and manufactures customised rubber seals, gaskets and mouldings, with intricate geometries to the highest quality. In-house…
Synthos/OMV to cooperate on sustainable butadiene for tyres
Polish producer of synthetic rubber Synthos has announced the signing of a Memorandum of Understanding (MOU) with OMV, an Austrian multinational integrated oil, gas, and petrochemicals company. Under the MOU, the two companies will cooperate on the long-term supply of…
BASF’s BDO and PolyTHF with lower carbon footprints
From early 2024 onward, German chemical firm BASF says it will offer its products 1,4-butanediol (BDO) and polytetrahydrofuran (PolyTHF) as “LowPCF” products. BASF has calculated the individual product carbon footprints (PCF) of both chemical products. The results were compared with…
Nokian Tyres signs EUR200 mn sustainability-linked credit facility
Nokian Tyres says it has signed a syndicated sustainability-linked revolving credit facility of EUR200 million with a group of five banks. The interest margin of the revolving credit facility will increase or decrease dependent on Nokian Tyres meeting sustainability performance…
Hyundai Motor and Kia develop snow-chain tyre technology
Hyundai Motor Company and Kia Corporation have unveiled a new snow chain-integrated tyre technology to make it easier to stay safe in winter driving conditions. Snow chain-integrated tyre technology uses shape memory alloy modules that are located inside the wheel…
Continental/Synopsys provide vehicle digital twin capabilities for software development
German tech firm Continental has announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV). This new collaboration integrates Synopsys’ virtual prototyping solutions for virtual Electronic Control Units (vECU)…