Yokohama ‘bidding for’ ex-Pirelli unit Prometeon

London – Yokohama Rubber Co. (YRC) is in talks over the acquisition of Prometeon Tire Group (PTG), two separate sources have informed ERJ.

The contacts confirmed Italian media reports about a YRC move for the former Pirelli industrial tires unit – though both preferred not to be identified.

In a written statement to ERJ, a source close to PTG minority shareholder Aeolus Tyres said negotiations were ongoing on the subject – without elaborating further.

Read the source article at European Rubber Journal

Michelin tops Tyrepress UK social media ranking 2019

Not only did the @MichelinTyre-based chart see Bibendum plant its flag at the top of the tree, it also shows that the French tyre manufacturer is extending its lead. According to the 2019 data, Michelin’s overall score of 86.5 is now 7.5 points clear of second place as opposed to 6.5 points last year .

Read the source article at Tyrepress

Continental bringing intelligent tyre, technologies to Agritechnica


The bag of goodies Continental is bringing to Agritechnica 2019 includes a new intelligent tyre that’ll be unveiled during the show. The TractorMaster H – the suffix stands for Hybrid – is equipped with VF technology and sensors that continuously measure and monitor tyre pressure and temperature. Continental is introducing the TractorMaster H in response to the trend towards fully-automated agricultural vehicles and machinery that rely upon component monitoring systems.

Read the source article at Tyrepress

GRI acquires Estonian tire, wheel distributor Nortire Group

COLOMBO, Sri Lanka — Global Rubber Industries Pvt. Ltd. has acquired Nortire Group A.S., an Estonia-based tire and wheel distributor, to help expand its distribution in Europe.

Read the source article at Tire Business

Serbia to become PCLT tyre production hub

When Toyo recently announced its intention to build a new tyre plant in Serbia it consolidated the country’s position as the leading location for new passenger car and light truck (PCLT) tyre manufacturing capacity in Europe. Toyo’s proposal follows Linglong’s decision to build its new European plant in the country and Cooper Tire’s plan to double the size of its facility there .

Read the source article at Tyrepress

BKT expanding carbon black production at Indian plant


Seregno, Italy – Indian tire maker Blakrishna Industries Ltd (BKT) has started production at its carbon black manufacturing facility in Bhuj, India, and is planning further expansions at the site.

Located within the company’s Bhuj tire production site in the state of Gujarat, the plant currently produces 80 kilotonnes per annum (ktpa) of hard grade carbon black.

Read the source article at European Rubber Journal

Nexen Tire Unveils Its New Europe Plant in Czech Republic


The ceremony was held on August 28 under the slogan “The New Wave for the Future”, ushering in the new era of Global Nexen.

Travis Kang, the Global CEO of Nexen Tire, Petr Ocko, Deputy Minister of Industry and Trade of the Czech Republic, Oldrich Bubenicek, Governor of the Usti nad Labem Region, Zdenka Hamousova, Mayor of Zatec, Moon Seoung-hyun, Korean Ambassador to the Czech Republic, core OE and RE figures, business partners, local press, construction staff and employees, were among the more than 300 guests who attended the event. The completion of the company’s four major R&D …

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ZC Rubber extends truck tyre warranty to five years

ZC Rubber has extended its warranty to 5 years from manufacturing date for consumers in Europe buying Westlake radial light and medium truck tyres manufactured by ZC Rubber.

Read the source article at Tyrepress

Marangoni Meccanica starts next chapter with new CEO


Rovereto, Italy – Two months after its spin-off, Marangoni Meccanica has started a new chapter with recapitalisation, re-establishing relations with banks and the appointment of a new CEO.

In a 2-Sept statement, the Italian tire machinery supplier said it exited Marangoni Group with a € 10 million recapitalisation from its new local partners: The Finanziaria Trentina, financial group Alpenring, and local family business Caran.

In addition, Riccardo Mastroardi has been appointed as the company’s…

Read the source article at European Rubber Journal

Continental invests in Hanover production systems


HANOVER, Germany—Continental is investing more than $2.77 million in new systems for drive components for agricultural applications at its Hanover-Vahrenwald site.

Read the source article at Rubber and Plastics News