Italian tyre maker Pirelli says it is reinforcing its long-term commitment to the US with a key step in its product and industrial strategy. Its plant in Georgia, which it says is already dedicated to technologically advanced products for the…
Tag: pirelli
Pirelli invests in Univrses; to apply AI tech in tyres
Italy’s Pirelli and Swedish company Univrses have signed an agreement that provides for the integration into the Pirelli Cyber Tyre system of AI?based computer vision technologies. Under the agreement, through which Pirelli has acquired a 30% stake in the Swedish company…
Pirelli to take mitigating steps in view of Middle East war
The Middle East war has seen various manufacturers affected. Italian tyre maker Pirelli is one of these companies. It has activated a “mitigation plan” to limit the ?effects of the ongoing Middle East crisis, ?which includes price increases and additional cost cuts. Though…
Sabic to supply materials for Pirelli/PIF tyre plant
Chemical firm Saudi Basic Industries Corporation (SABIC) recently signed an agreement with the joint venture, Mena Tyre Company, established between the Public Investment Fund (PIF) and Italian tyre maker Pirelli, for the supply of polybutadiene rubber and carbon black to achieve 3.5…
Tyres: Tyre makers take the wheel to turn the sustainability corner
From landfill to factory, the tyre sector is expanding the circular use of rubber throughout the supply chain to shrink its carbon footprint by using sustainable rubber materials in tyres, says Angelica Buan in this “green” outlook on the tyre…
Pirelli launches 70% recycled material content tyre; developed for JLR
Italian tyre maker Pirelli has launched the first standard production tyre for the global market made with over 70% bio-based and recycled materials, including FSC (Forest Stewardship Council)-certified natural rubber. Developed in a specific version for JLR (JaguarLandRover), the new tyre is a Pirelli P…
Pirelli affirms independence from Sinochem control; paving way for US expansion
Italian tyre maker Pirelli’s board has approved an accord between shareholders to establish that the group’s largest investor, China’s state-owned Sinochem, does not exercise control over the tyre maker. This move might make it easier for the tyre maker to expand in…
Pirelli puts US investment on hold due to Sinochem
Italian tyre maker Pirelli says it has put on hold plans to invest further in the US due to tensions pertaining from its ownership by Chinese state-owned group Sinochem, which is its largest investor. Sinochem has a 37% stake in…
Camfin pumps up stake in Pirelli; Brembo sells entire stake in Pirelli
Italian auto parts maker Brembo has sold its entire 5.6% stake in Italian tyre maker Pirelli for around EUR283 million, a move that has dampened speculation about a merger between the two Italian groups. Sinochem holds a 37% stake in the tyre maker.…
Bosch and Pirelli tie-up for intelligent tyre technology
Italian tyre maker Pirelli and tech firm Bosch have signed a joint development agreement. It aims at jointly creating new software-based solutions and driving functions thanks to sensors integrated into tyres, also known as in-tyre sensors. For drivers, this means…