Michelin is demonstrating resilience through an unprecedented crisis

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124,000 125,400 1 Free cash flow: net cash from operating activities less net cash used in investing activities, adjusted for net cash flows relating to other financial assets, before distributions. 2 At period-end. Covid-19: impact of the health crisis on the Group’s financial position at June 30, 2020 Review of the information released by the Group during the first six months of the year On February 10, 2020, the Group issued its guidance for 2020 excluding any impacts from a systemic crisis caused by Covid-19. On March 18, 2020 at 6:10 pm CET, the Michelin Group …

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Koppers Holdings Inc. Issues Annual Corporate Sustainability Report

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PITTSBURGH, July 20, 2020 /PRNewswire/ — Koppers Holdings Inc. (NYSE: KOP) today announced that it has published its annual Corporate Sustainability Report (CSR), which details the company’s comprehensive efforts and enhanced strategy to create a more sustainable future through:…

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TireHub Surprises Essential Workers with Free Tires

TireHub recently donated 70 sets of tires to essential workers through its Helping Hoops program.

Helping Hoops recognized an essential worker through each of TireHub’s 70 distribution centers across the country. Each TireHub Logistics Center (TLC) partnered with a retail customer who then chose a customer in their community to surprise with a new set of free tires.

Read the source article at Tire Review

Nokian has emissions targets approved

Nokian Tyres has had its emissions reduction targets approved by the Science Based Targets initiative. The targets cover emissions from Nokian’s operations, and make it the first tire company to receive this approval. Commitments to reduce greenhouse gas emissions by 2030 cover scope 1 for direct emissions and scope 2 for indirect emissions from purchased energy. By 2030, Nokian is committed to reducing scope 1 and 2 emissions by 40% per ton using 2015 as a base year.

Read the source article at Tire Technology International

Nexen Tire Adds New Distribution Center in Ohio

Nexen Tire America is opening a new distribution center located at 2190 Creekside Parkway in Lockbourne, Ohio.

The new Ohio distribution center marks the third addition to its list of U.S. distribution facilities, joining the existing two located in California and Georgia.

Read the source article at Tire Review

TireHub relocates 2 Texas distribution centers

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ATLANTA—TireHub, the national tire distributor co-founded in 2018 by Bridgestone Americas and Goodyear, has relocated two distribution centers in Texas, in Houston and Arlington.

Read the source article at Rubber and Plastics News

Nexen Continues Support to Tire Dealer Network

Nexen Tire says it is continuing to provide the same level of support to its network of tire dealers during the COVID-19 quarantine. The support includes full tire distribution capabilities from all distribution facilities, mileage warranty support, roadside assistance and all customer service functions for dealers.

Read the source article at Tire Review

Goodyear temporarily suspends Manufacturing in Americas region

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Goodyear continues to be affected by the COVID-19 pandemic with its closure of more manufacturing hubs in the Americas.

A phased shut down will begin across the company’s tire, retread and chemical plants in Brazil, Canada, Chile, Colombia, Mexico and the United States over the coming days. Its facility in Peru was closed earlier this week.

Read the source article at Traction News

Tim Baker Takes Over Helm of Triangle Tire Tech Center

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Longtime tire industry engineer Tim Baker has been promoted to deputy general manager of A3T, the technical center for Triangle Tire in Akron, Ohio.

Baker joined Triangle Tire in 2014 and most recently served as project engineer. He is replacing Ed Montgomery who has retired from the company. His experience includes working for both Bridgestone/Firestone and Kumho Tires as a tire design engineer.

Read the source article at Tire Review

Yokohama Tire wants drivers to welcome spring with up to $70 rebate on select tires

Langley, BC (March 16, 2020) Yokohama Tire (Canada) Inc. is making it more attractive to drive into Spring, with rebates of up to $70 on a set of four performance, all-season or light truck tires. 

“We want to reward Canadians for making the switch to winter tires by welcoming them to Spring with rebates on our ADVAN, AVID AND GEOLANDAR lines, as well as the PARADA SPEC-X,” said Diana Colosimo, Brand Development Manager for Yokohama Tire (Canada) Inc. “Once the temperature is consistently up above 7 Celsius, it’s time to put away the winter skis, coats and tires and start enjoying the benefits of all-season tires.  Switching to all-season tires provides extended tire wear, a serene ride and improved fuel economy, and we’re making it more attractive to choose Yokohama for warm-weather driving with the 2020 Yokohama Spring Rebate.”

Topping the list of incentives is a chance for buyers to win back the purchase price of their new tires in addition to their rebate claim of $70 (for a set of four tires). Customers are asked to claim their Yokohama VISA prepaid cards at yokohamarebate.ca and will then be automatically entered into the contest to win the purchase price of their set (up to $850).

Now through May 31, 2020, customers can receive $70 rebates on high-performance tires (ADVAN APEX, ADVAN SPORT A/S+, ADVAN FLEVA, ADVAN NEOVA AD08R, ADVAN SPORT V105, ADVAN SPORT V105 ZPS), all-season tires (AVID ASCEND GT, AVID ASCEND LX, AVID ASCEND, PARADA SPEC-X) and light-truck tires (GEOLANDAR G055, GEOLANDAR H/T G056, GEOLANDAR X-CV, GEOLANDAR A/T G015, GEOLANDAR X-AT, GEOLANDAR M/T G003, GEOLANDAR X-MT G005).

As well, buyers will be eligible for a $50 rebate on a set of four AVID TOURING S all-season touring tires.

For more information on the Yokohama Consumer Rebate program, visit yokohamarebate.ca.

About Yokohama Tire (Canada) Inc.

Yokohama Tire (Canada) Inc. markets and distributes a full line of tires for high performance, passenger car, light truck, and commercial truck applications, as well as off-the-road tires for mining, forestry and construction applications. It maintains distribution centers across Canada to serve more than 1,000 independent tire dealers and well over 3,000 retail locations. yokohama.ca/.