Bridgestone introduces SmartWay-verified R284 Ecopia steer tire

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NASHVILLE, Tenn. — Bridgestone Americas Inc. has launched a premium, SmartWay-verified steer tire, the Bridgestone R284 Ecopia, as an upgrade over the Ecopia R283A for long-haul and regional trucking applications.

Read the source article at Tire Business

Nexen Tire Adds New Winter Tires

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Nexen Tire has recently announced the expansion of its winter tire lineup.

The company has redesigned its WinGuard WinSpike WH62 for passenger vehicles and the WinGuard WinSpike WS62 for CUV/SUV vehicles from the ground up. The new releases have been developed for enhanced performance on snow and ice conditions. To meet increasing market demands, Nexen offers the tires in expanded size lineups.

Read the source article at Autosphere.ca

Hankook Tire Canada Appoints New President And CEO

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Hankook Tire Canada Corp. has announced the appointment of In Hyuk Rhee as president and CEO.

During a career with Hankook Tire spanning back to 1993, Rhee has served as both manager of the Motorsports team at Hankook Global, as well as manager of marketing strategy at Hankook’s European headquarters.

Read the source article at Tire Review

New Minister Wind-Up Direction to OTS

As a result of the resolution of certain outstanding tax matters OTS has with the Canada Revenue Agency (CRA), the amount of surplus funds remaining once all liabilities associated with wind-up have been settled will be more significant than contemplated at the time of writing the Wind-Up Plan. On April 2nd, 2019 OTS was directed by Minister Phillips to revise the approach to managing these surplus funds to return them to tire consumers.

You can read the Minister’s Direction Letter here and the OTS reply here.

OTS will be consulting on options for complying with the Minister’s Direction. Details on consultation opportunities are being developed and will be posted here.

Read the source article at Rethink Tires

‘Driving to the Future’ theme of Tire & Rubber Summit in Toronto

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CAMBRIDGE, Ontario — The Tire and Rubber Association of Canada (TRAC) will explore the tire and rubber industry’s advances in technology, innovation, regulation and economics at a two-day conference, Tire & Rubber Summit 2019, scheduled for June 11-12 in Toronto.

The Summit — themed “Driving to the Future” — features a lineup of presentations from executives…

Read the source article at Tire Business

Fountain Tire CEO Brent Hesje earns Northern Lights Award

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EDMONTON, Alberta — Fountain Tire CEO Brent Hesje recently received the Northern Lights Award of Distinction, awarded by the Edmonton Chamber of Commerce in recognition of his corporate, community and industry leadership.

Read the source article at Tire Business

Canadian Association of Tire Recycling Agencies issues 2018 Annual Report

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CATRA is pleased to announce the publishing of its 2018 Annual Report.

The report features significant member achievements both in 2018 and cumulatively since the inception of their programs.

Building on our 2018 successes, 2019 is set to be another year of achievement and growth – full of opportunities for CATRA to support its members as they work closely with their respective governments to carry out their environmental and economic responsibilities.

The 2018 report is available on CATRA’s website in both English and French.

Read the source article at CATRA

Registration for the Tire and Rubber Summit 2019 is Now Open

Registration for TRAC’s Tire and Rubber Summit 2019 is now open.

 REGISTER NOW!

This Year’s Summit Drives to the Future

When it comes to technology, industries across the globe are living through exciting times: autonomous vehicles, artificial intelligence, machine learning, robotics… these represent only the technological tip of the iceberg that’s moving through the industries’ waters worldwide. It’s a perpetual technology race and, as ever, tire and rubber manufacturers are staying atop of these trends and raising the bar when it comes to banking on technology, whether it be in the product development, manufacturing processes, supply chain management and all other business aspects.

This world-class event will explore the rubber industry’s technology, innovation, regulation and economy. All the expertise put forth at the event will come from executives in rubber companies, non-tire manufacturers, rubber compounders, suppliers, auxiliary businesses, and regulators who together will discuss rubber industry issues from uniquely Canadian perspective. 

U.S. and China Got Into a Trade War and Mexico Won

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Bloomberg) — The Trump Administration’s trade war with China has turned out to be a windfall for another country the president frequently berates: Mexico.

Consider Fuling Global Inc., a Chinese maker of plastic utensils that developed a lucrative business making paper cups and straws for U.S. restaurants. But President Trump upended all that with tariffs on $250 billion worth of Chinese imports, including paper products. So the company found an alternative, opening a $4 million factory in Monterrey, Mexico, that will soon begin shipping millions of paper straws across the border.“We had to look for other ways to do business,’” said Fuling Chief Financial Officer Gilbert Lee. The move means the Wenling, China-based company will avoid the tariffs and make up for pricier Mexican labor with lower shipping costs. “Mexico is a very logical and advantageous location for us.”

Read the source article at Global Rubber Markets News

High-tech cars, partnerships driving BlackBerry’s rebirth, exec says

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BlackBerry’s growing footprint in the automotive sector is key to the company’s turnaround efforts as it transitions away from smartphones and seeks more joint ventures with automakers and parts suppliers. 

“Are we making partnerships with other companies? Absolutely,” said Kaivan Karimi, head of sales and marketing at BlackBerry Technology Solutions. 

The strategy could be paying off. In the quarter that ended Nov. 30, the Waterloo, Ont., company reported net income of C$59 million ($44 million U.S.) on revenue of C$226 million. That’s up from a net loss of C$275 million a year earlier. The company’s next quarterly report comes this month.

Read the source article at Front Page