Nexen Tire to Increase Prices by Nov. 1

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Nexen Tire America, Inc. has announced it will be adjusting the pricing on all U.S. passenger and light truck tires sold in the U.S. starting Nov. 1.

The maximum increase will be 6% but will vary by SKU, the South Korean tiremaker said. Like other tire manufacturers, Nexen cited growing transportation and logistics costs as well as other rising business costs as the reason for the price increase.

Read the source article at Tire Review

Conti e.MotionPro – Continental’s “starting point” for electric CV tyre development

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A good concept vehicle shouldn’t just be stuffed full of forward-thinking technologies and ideas, it should also look as if it’s absconded from the future. The CitE – MAN’s vision of the “future of city delivery transport” – ticks both boxes. Currently on display at the IAA Commercial Vehicles show, the all-electric CitE displays the truck manufacturer’s latest ergonomic and safety concepts. The tyres are also a one-off, made especially for the CitE by Continental.

Read the source article at Tyrepress

SRI doubles planned capacity for Brazil truck tyre plant

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An additional investment is being made in the Sumitomo Rubber do Brasil factory in Fazenda Rio Grande, Brazil, which is scheduled to begin producing truck and bus tyres next March. This investment of BRL 153 million (£28.7 million, US$37.6 million) builds upon the BRL 312 million investment Sumitomo Rubber Industries (SRI) announced in July 2016 for setting up bus and truck tyre production equipment in Fazenda Rio Grande.

Read the source article at Tyrepress

Michelin ranks high in attracting young talent

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GREENVILLE, S.C.—When it comes to attracting young talent, Michelin North America is among the best, according to Forbes magazine, which recently named the Greenville-based tire maker one of the “Best Employers for New Grads.”

Read the source article at Rubber and Plastics News

Darren Wells back at Goodyear as CFO

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A familiar face has returned to Goodyear Tire & Rubber. As of 20 September, Darren R. Wells is back with the tyre maker as executive vice-president and chief financial officer – a position he held between 2008 and 2013. He succeeds Laura Thompson, who in June announced her intention to retire in the first quarter of 2019 following a 35-year career with the company.

Read the source article at Tyrepress

CEAT unveils Row Crop ag tire

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CHARLOTTE, N.C. — CEAT Specialty Tires Ltd. is adding a radial to its North American portfolio that the tire maker said provides farmers and ranchers with low compaction, high traction and exceptional performance.

Read the source article at Tire Business

LANXESS rated among best 10% of global companies

Specialty Chemicals Company LANXESS is to be represented in two Dow Jones Sustainability Indices again this year. Starting from September 24, 2018, LANXESS will be listed in the Dow Jones Sustainability Index (DJSI) World for the eighth time in a row. The group will also be included in the DJSI Europe again. Only the best 10% of the global companies analyzed in each sector are included in the DJSI World, while the best 20 % of companies headquartered in Europe are included in the DJSI Europe.

Read the source article at Rubber Asia

Bridgestone recalls 2,700 tires from four commercial truck tire models

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Bridgestone Americas and Bridgestone Canada announced the voluntary noncompliance recall of 2,700 tires from four commercial truck tire models. The tires are all-position, wide-base radials in size 425/65R22.5.

—Firestone FS818 tires with date codes 2318 and 2418;

—Bridgestone M854 tires with date codes 2418 and 2518;

—Bridgestone M860A tires with date code 2518; and

—Bridgestone M864 tires with date codes 2318 and 2418.

Read the source article at Traction News

Hankook expands SmartWork tyre line

The range of Hankook tyres for construction site applications has been expanded through the addition of new mixed on/off-road patterns to the SmartWork line. These are the SmartWork AM11 steer axle tyre, DM11 drive axle fitment and TM11 trailer tyre.

Read the source article at Tyrepress

Traction Summit Reminder: Standard Rate Expires Today

The Standard Rate for the 2018 Traction Summit expires today. Don’t miss your opportunity to hear the latest opportunities and challenges for the tire industry, in this new, disruptive age; build relationships, learn about next steps, and much more. 

 

Read the source article at tractionsummit.com