In a sharply deteriorating market environment, German technology firm Continental says it has managed to achieve its adjusted targets for fiscal 2019, as the Hanover-based company chalked up sales in the past fiscal year of EUR44.5 billion (2018: EUR44.4 billion), while the adjusted…
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Pirelli hit by Covid-19; slows down production in Italy
Italian tyre maker Pirelli has become the latest “victim” of Covid-19. It says that an employee at its Settimo Torinese factory has been confirmed by healthcare authorities of having tested positive for Covid-19. To safeguard the other employees, Pirelli says…
Continental, Kordsa introduce new, “green” bonding system technology for tyres
Tyre manufacturer Continental and global reinforcer Kordsa have announced the production of the first of 250,000 passenger car tyres featuring their new sustainable adhesive technology, Cokoon. The eco-friendly dip technology – under development since 2017 – enables the bonding activation…
Apollo Vredestein to “refocus” Dutch tyre plant operations and cut 750 jobs
Apollo Vredestein, a Netherlands-based tyre manufacturer acquired by India’s Apollo Tyres, is planning to phase out certain product lines related to high-performance passenger and farm tyres in Enschede, in eastern Netherlands, to ensure continued sustainability of its manufacturing operations. The…
Goodyear designs self-generating concept tyre for “specific mobility needs”
The Goodyear Tire & Rubber Company (Goodyear) has recently introduced a revolutionary self-regenerating concept tyre, the Goodyear recharge that is said to adapt and change to meet individual mobility needs. The concept tyre is based on a reloadable/biodegradable tread compound…
Michelin inaugurates first French zero-emissions plant
French tyre manufacturer Michelin has announced the inauguration of its first zero-emissions plant in Les Gravanches, near Clermont-Ferrand, France. The plant manufactures about 5,500 ultra-high performance tyres for luxury cars/motorcycles daily; automated production by its electric machinery also supplies “residual…
Maxxis to build up to five tyre factories in India as part of 2025 global target
Taiwanese tyre manufacturer Maxxis Group (Maxxis) is planning to build at least five factories in India as it expects the country to play a significant part in its chase to become a global player by 2025, alongside Indonesia. Maxxis is…
Elysium Nordic gains environmental approval for pyrolysis plant development
The Danish company Elysium Nordic, which intends to establish a material recycling plant based on Enviro Systems’ pyrolysis technology, has recently been granted an environmental permit by the Teknik-og Miljøafdelingen in Nyborg Municipality, Denmark. Scandinavian Enviro Systems has been duly…
Orion’s rubber black earnings fall in Q4/2019, reflecting low demand
Weak demand in the tyre and mechanical rubber goods (MRG) industries has diminished business by worldwide supplier of specialty and high-performance carbon black, Orion Engineered Carbons (Orion). The company’s net sales decreased 19.8% year-on-year to US$207.7 million in the last…
Sailun earmarks US$286 mn to expand TBR capacity in China
Chinese tyre manufacturer Sailun Tires (Sailun) has set aside US$286.4 million as it plans to build new production facilities for its truck and bus radial (TBR) tyres at an existing site in Liaoning, Shenyang province. The 114,000 sqm. project will…