Tire Discounters Hires Crawford to Lead Franchise Program

Tire Discounters Inc. has hired industry veteran Dave Crawford to lead its recently unveiled franchise program, which will launch in 2021.

As director of franchise development, Crawford will help “accelerate the company’s national growth by adding best-in-class franchise dealers” to complement its 135-plus company-owned locations, say Tire Discounters officials.

Read the source article at Modern Tire Dealer

TRAC Announces Changes to the Board of Directors

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Cambridge, Ontario; November 26, 2020— The Tire and Rubber Association of Canada (TRAC) today announces a new board member and a new board chair, following the resignation of Tony Mougios of Michelin North America (Canada) Inc. Dr. Antoine Sautenet of Michelin was elected as a Director to complete Mr. Mougios unexpired term and elected 2nd Vice-Chair of the Board. Maureen Kline of Pirelli moves into the role as Chair of the Board, Paul Downey of Pliteq becomes 1st Vice Chair and Matt Livigni of Continental Tire remains as Treasurer.
 
“Tony has served with distinction as TRAC Board Chair including leading the Board in the search for TRAC’s new President and CEO in the light of Glenn Maidment’s retirement. We thank Tony for his service and wish him well. Additionally, the Board of Directors would like to welcome Antoine and looks forward to his support in advancing TRAC’s vision and strategic objectives,” said Carol Hochu, incoming President and CEO.

 
Mr. Sautenet currently serves as the Director of Governmental Affairs for Michelin Canada, and as Public Affairs Manager for International Trade and Sustainable Mobility at the Corporate Public Affairs Department. He holds PhD in International and European Law from Université de Rennes, is a member of the European Research Center in Rennes (CEDRE), and a senior lecturer at the High School of Foreign Trade (ESCE) in Hanoi.
 
The TRAC Board Officers and Directors are as follows:
 
Maureen Kline      Chair (Pirelli Tire North America)
Paul Downey        1st Vice-Chair (Pliteq Inc.)
Antoine Sautenet  2nd Vice-Chair (Michelin North America (Canada) Inc.)
Matt Livigni           Treasurer (Continental Tire Canada Inc.)
      
Neil Bansal           Western Rubber Group
Chris Bitsakakis    AirBoss of America Corp.
Paul Christou        Goodyear Canada Inc.
Keshav Das          BKT Tires (Canada) Inc.
Darious Naylor      Bridgestone Canada Inc.
Robert Rist           Cabot Canada Ltd.

Bridgestone Americas Announces Leadership Changes to Logistics & Supply Chain Group, Off-The-Road Tire Business

Bridgestone Americas (Bridgestone) today announced leadership changes to drive operational excellence and strengthen the company’s position as a global leader providing sustainable mobility and advanced solutions. The following changes take effect December 1, 2020.

Bridget Neal, currently president of the company’s Off-the-Road (OTR) tire business in the U.S. and Canada, has been promoted to senior vice president, logistics and supply chain management (LSCM), Bridgestone Americas. In this role, Neal will oversee the company’s global supply chain, designing and implementing supply and distribution strategies that enable business growth and improve product cycle time.

Read the source article at Bridgestone Americas, Inc.

Phoenix Investors Acquires Former Titan Tire Plant

MILWAUKEE , Nov. 23, An affiliate of Phoenix Investors (” Phoenix “), a national private commercial real estate firm headquartered in Milwaukee, Wisconsin , announced its acquisition from Titan International, Inc. (“Titan”) of its former plant in Brownsville, Texas . The plant is located at 6700 Paredes Line Road (“Property”) and totals approximately 1,040,000 square feet on 108 acres. The Property was originally built in 1997.

Read the source article at PR Newswire

Pyrolyx USA Indiana files for bankruptcy

Pyrolyx USA Indiana LLC Thursday filed for Chapter 7 bankruptcy — a liquidation bankruptcy — in the U.S. Bankruptcy Court District of Delaware.

The company lists debt to creditors at more than $49.9 million.

While the company lists more than $61.14 million in assets, more than $58.5 million is in machinery and equipment and land. Included in that, Pyrolyx lists the value of its plant and land at 4150 E. Steelton Drive in Terre Haute as $7,562,202, according to its bankruptcy court filing.

Read the source article at tribstar.com

Continental to work on commercialization of recycled carbon black

US-based Bolder Industries, a specialist in converting end-of-life tires into sustainable industrial products, and Continental Carbon Company have entered a co-marketing agreement to commercialize breakthrough sustainable products for the global rubber and plastics industry.

Read the source article at Tire Technology International

BKT Opens a Contactless Covid-19 Treatment Center at the Bhuj Plant

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Seregno (Italy), November 17, 2020 – The contactless Covid-19 treatment center and E-ICU unit built by BKT at its plant in Bhuj, India, is already operational.  

The center, which joins the secondary medical assistance services that already exist on the site, employs a doctor and 8 healthcare operators and will be responsible for treating workers and their families affected by Covid-19. Built in just three weeks, the unit has the most advanced medical technology, equipped with remote patient monitoring, data analytics on diagnostics and medicine management, high-flow oxygen machines, remote consultations using augmented reality, data availability across the globe for e-consults through Cloud monitoring systems and AI enabled X Ray imaging system provides the best in class care at BKT facility. 

It is one of the first ever contactless E-ICU, Covid-19 treatment structure to be built outside of a hospital environment in India, designed by a team of doctors, engineers and IT experts with specific aim of preventing and minimizing the risk of the epidemic spread. Ensuring complete safety for employees, families and collaborators engaged at the BKT site in Bhuj. 

This milestone shows once again how important the safety and care of its workers are at BKT. “People First” policy has resulted for best in class care for its staff and their respective families during this unprecedented healthcare emergency. The company, which last spring did not hesitate to temporarily suspend production in order to safeguard the health of its employees and collaborators, has restarted production, while still following rigid safety procedures in line not just with the current governmental provisions but also with the strictest globally recognized practices. 

Particular attention has been paid in these months also to the communities of the local areas where the company operates to ensure utmost Covid Care can be given to one and all. 

“At a time, such as this, corporate social responsibility is more important than ever. We must take care, protect, support and help each other. We are trying to do this in India and in the world through initiatives realized by our branches in Italy and in the United States of America. We need positive messages, commitment, solidarity, and triumph of Human spirit” says Mr. Arvind Poddar, Chairman and Managing Director of BKT. 

Features of the E-ICU unit at BKT Bhuj site 

To further reduce the risk of contagion and infection, three-prong strategy of smart screening, responsive testing and proactive medication has been deployed. Initially detailed community testing was carried out in the factory, and subsequently all the contact tracing protocols were implemented. This enabled the plant to be safe.  

The factory apart from Triage Area, Isolation Facility and medication clinic is also equipped with an Emergency Response Unit, which consists of five intensive care beds and all the latest machinery of Infusion pump, High Flow Oxygen machines, Bipap Machines, Patient Monitors, Smart Cameras and integrated lab systems for Data analysis has been put to treat patients requiring Acute Care. 

While the Unit has on-site presence of highly qualified personnel, the technology platform is equipped with dedicated video bridge to connect with the patient’s family, call on the consulting services of any doctor in globe enabled with modern telemedicine and further more provides Cloud data analysis of any point, range and data sets.  

BKT social commitment in COVID time 

Through these difficult times, BKT has committed to provide relief not only in India, but also at an international level through its subsidiaries in Italy and in the US.  

From the strength of the “BKT family” a significative initiative was born during the past months: the majority of BKT staff members from all continents donated one or more days of pay and the company had multiplied 8 times the amount collected. The entire sum was entirely donated to the projects of the BKT Foundation, that provides concrete help to the worst affected people in India.  

In its home country, strongly hit by the emergency, BKT also provided food supplies to disadvantaged people in Indian communities. Altogether 500.000 cooked-food packs were delivered along with 60.000 packages containing food ingredients, such as flour, oil, salt and rice. 

BKT also donated to healthcare personnel working in many Indian structures, 80.000 PPE kits, namely disposable coveralls of protection for the assistance of Covid-19 patients, complete with hood, mask, gloves and shoe covers. In addition, 410.000 face masks and 4.000 counter shields were donated and distributed with the help of our partners distributors located in different regions. The hospitals received support with more than 155.000 bed sheets and over 30.000 doctor Scrub Suits. 

In Italy, the company contributed to the Cesvi (Italian NGO) basic necessities’ home delivery project for people in risk groups or in difficulty. While the BKT’s US subsidiary donated funds to Samaritan’s Purse, an international organization that deals with the management of health emergencies and that during the peak of the Covid-19 has built a field hospital in New York’s Central Park. 

People First 

BKT’s goal has always been to put the wellbeing of its own people in first, given time and again management has put people at the center of its decisions and operations. In these times the care initiative has given rise to the production in Bhuj, along with the confidence in the leadership team at large. 

Bhuj being a true community factory, a modern campus sits alongside the production plant, a range of free facilities are dedicated to the employees of the plant and their families, e.g. a hospital, a recreation center, club and as from today a leading-edge Covid-19 treatment center. 

Join the BKT press room: www.bkt-tires.com/ww/en/press-room  

 

About BKT: 

Balkrishna Industries Ltd. (BKT) is a tire manufacturing company based in India. The BKT group manufacturers an extensive and modern range of off-highway tires specifically for vehicles operating in agricultural, industrial, earthmoving, mining, port, ATV, and gardening industries. BKT’s innovative solutions are designed to meet the most demanding ranges of use and entail over 2,700 different products sold in more than 160 countries worldwide. Visit the website www.bkt-tires.com.

 

BKT Canada: 55 York Street, Suite 401, Toronto – Ontario M5J 1R7

BKT PRESS OFFICE Contacts: Hill+Knowlton Strategies Laura Pedrali Laura.Pedrali@hkstrategies.com Cell: +47 47 68 67 33 www.bkt-tires.com  

 

Cabot Corporation Board Declares Dividend

BOSTON–(BUSINESS WIRE)–On Friday, November 13, 2020, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.35 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 11, 2020, to stockholders of record at the close of business on November 27, 2020.

Read the source article at businesswire.com

Toyo Tires President, CEO Roy Bromfield to Retire

Toyo Tire U.S.A. Corp. (Toyo Tires) announced President and CEO Roy Bromfield will retire in 2021 upon selection of, and successful transition to, a successor.

The company has retained CarterBaldwin Executive Search to identify and present candidates. Bromfield will lead the search for Toyo Tires, ensuring the right fit and a seamless changeover. The timeline for Bromfield’s departure in 2021 will be determined once a successor is identified.

 

Read the source article at Tire Review

Trinseo Sees Market Recovery: Preliminary Third Quarter 2020 Financial Results

The Company notes that many end markets, including automotive, tires and construction, experienced strong demand recovery in the third quarter after weak demand during the second quarter due to the COVID-19 pandemic. Third quarter volumes in the Performance Plastics, Synthetic Rubber and Latex Binders segments were similar to prior year. In addition, margins across most segments were higher than prior year.

 

Read the source article at Home – The Globe and Mail