Although unit volumes for Michelin tyres were 1.4 per cent higher in the first nine months of 2016 thanks to strong sales in the passenger car tyre segment, the French manufacturer reports that momentum slowed during the third quarter of the year. Demand for car, light commercial and truck tyres was flat to slightly down in mature markets and mixed in emerging markets. Net sales for the quarter amounted to €5.18 billion, 2.5 per cent lower than a year earlier.
At this year’s SEMA and AAPEX shows, Bartec is announcing the Tech200Pro.
Bartec’s new tool has integrated TPMS Sensor testing and activation, with Tread Depth Measurement, and Tire Pressure Checking. According to Bartec, the Tech200Pro has full TPMS Sensor Capability which allows the user to test sensor function, status, fitment, and pressure.
Cooper Tire & Rubber Co. Vice President and Treasurer Tom Lause will make a presentation during Gabelli & Co.’s upcoming 40th Annual Automotive Aftermarket Symposium.
The event will be held on Oct. 31 and Nov. 1 in Las Vegas in conjunction with the AAPEX and SEMA trade shows.
The Cooper segment of the conference will take place at 10 a.m. PDT on Nov. 1 and will be webcast live at on the Gabelli website and also can be accessed through Cooper’s Investor Relations website.
Cooper Tire & Rubber Co. will participate in the National Organizations for Youth Safety (NOYS) Youth Interactive Traffic Safety Lab as part of its Tread Wisely tire and driver safety program.
Scheduled for Oct. 17, the lab is a hands-on learning on safe driving practices. Cooper has sent professional 20 year old racecar driver, Tristan Nunez, to demonstrate tire safety tips for students including how to check tire pressure, tread depth, and the overall condition of their tires.
Five chemicals that the Environmental Protection Agency says pose particular hazards due to how long they persist in the environment, how they bioaccumulate up the food chain and their toxicity are being fast-tracked for action to reduce exposures to them, the agency announced Oct. 11.
Two other compounds on EPA’s PBT list will be examined through a full agency risk evaluation at the company’s request.
“The threats from persistent, bioaccumulative and toxic chemicals are well-documented,” Jim Jones, assistant administrator for chemical safety and pollution prevention, said in a statement today announcing the effort.
The chemicals are used as solvents, fuel additives, flame retardants and in the manufacture of other compounds.
The new law directs the EPA to expedite action for a few such chemicals that the agency had identified prior to the Toxic Substances Control Act being amended June 22 by the Frank R. Lautenberg Chemical Safety for the 21st Century Act (Pub. L. No. 114-182), Jones told Bloomberg BNA today.
Consumption of thermoplastic elastomer (TPE) will show steady growth during the next five years as the market reaches maturity.
That is the verdict of a report ‘The Future of Thermoplastic Elastomers to 2020’ published by consultants Smithers Pira.
It predicts global demand will rise at a year-on-year rate of 5.5 percent during the next five years, reaching 5.5 million tonnes in 2020.
Leading German car industry manufacturer Continental announced it had bought Hornschuch, a maker of films, foam laminates and artificial leather for cars and other applications, to help it expand into other industry sectors.
Hornschuch, with sales of 410 million euros in 2015, has been owned since 2008 by the buyout group Equistone, formerly Barclays Private Equity.
Tire executives from as far away as Sweden, and parts of Asia, attended TRAC’s (Tire and Rubber Association of Canada) symposium this year. The theme, “Driving Toward the Circular Economy,” focused on environmental awareness and sustainability.
Much of day two of the three-day event, which took place from Oct 5-7, was dedicated to the demise of the Ontario Tire Stewardship program. Despite the success of the OTS, recent legislation will see the organization disbanded in the near future.
Bridgestone’s Examation tire manufacturing system combines technologies from the company’s BIRD production system with artificial intelligence, and the company will introduce the system into its Tatabánya car tire factory in Hungary this year. Bridgestone will then introduce Examation in its new plant in Ulyanovsk Oblast, Russia, which is expected to commence production in the final quarter of 2016.
Capacity for radial aircraft tyre production at Bridgestone’s Kurume plant in Japan is set to increase in response to an anticipated rise in demand for these products over the medium to long-term.
Bridgestone Corporation will invest a total of US$2.1 billion in the project; while the company hasn’t reported the size of its planned capacity increase, it states that the project should be complete by the end of 2018.