French tyre maker Michelin has decided to expand its Shanghai factory, its second expansion after first increasing its capacity in 2021. It will increase the capacity of high-performance radial tyres by 1 million units to 9.5 million units/year. Work on…
Tag: tyres
Goodyear to close plants in Germany; cut workforce by 1,700
Further to its recent announcement that it will look at selling off its rubber chemicals business, US tyre maker Goodyear Tire & Rubber has also approved a rationalisation plan in Europe, Middle East and Africa (EMEA) that involves permanently closing…
US commercial fishing groups sue tyre makers due to 6PPD’s effect on fishing
The US Institute for Fisheries Resources (IFR) and the Pacific Coast Federation of Fishermen’s Associations (PCFFA) filed a suit against US tyre manufacturers over the use of the rubber chemical 6PPD in rubber tyres because of its devastating impact on…
Michelin/Lilium announce serial production of tyres for eVTOL jet
Lilium N.V, developer of the first all-electric vertical take-off and landing (eVTOL) jet, and French tyre maker Michelin have announced a partnership for Lilium Jet’s tyres. Lilium and Michelin began working together more than a year ago to develop and…
Hankook Tire kicks off tyre circular economy consortium
South Korean tyre company Hankook Tire & Technology (Hankook Tire) hosted the official kick-off meeting for the ’Tire-to-Tire Circular Economy Model’ consortium recently in Daejeon, South Korea. Held at the Hankook Technodome, the event marked the start of the consortium’s…
India’s TVS Srichakra acquires US off-highway tyre firm
India’s TVS Srichakra Limited, which produces TVS Eurogrip, Eurogrip and TVS brand of tyres, is acquiring US-based Super Grip Corporation LLC as part of its vision to grow in the global off-highway tyre market. The company’s board of directors recently…
Continental appointed preferred tyre partner of Mercedes-Benz in Asia-Pacific
German tyre maker Continental says it has been awarded preferred tyre partner status by Mercedes-Benz in China, Australia, Malaysia, and Indonesia. This is valid from now until August 2025. The existing partnership in India has been extended until August 2024.…
Smithers acquires indoor lab testing business for tyres
US testing consulting firm Smithers has announced the acquisition of the Standards Testing Laboratories’ (STL) indoor testing division in the US. The STL acquisition includes all indoor tyre and wheel testing capabilities. The STL Fabricated Machine Division and Texas operations…
Bridgestone’s first carbon-neutral tyre plant in India
Tyre maker Bridgestone has announced its first tyre manufacturing site to be verified as carbon neutral (scopes 1 and 2). The plant at Chakan in Pune, India, was audited in May and June 2023, and was subsequently verified according to…
Goodyear to slash 700 jobs in Asia-Pac; sell off retail outlets
Goodyear Tire & Rubber Company says it has approved “a rationalisation plan in Asia Pacific to improve profitability in its Australia and New Zealand operations”, which includes the sale of 100 retail and fleet locations and nine warehouses with a…