Nokian Tyres: ‘Good development’ despite currency headwinds in Q1 2018

Although held back by exchange rate effects, net sales at Nokian Tyres were higher in the first three months of 2018 than a year earlier. Sales were up 3.1 per cent to 336.0 million euros; had the exchange rate effect been neutral, the tyre maker estimates that net sales would have increased 9.3 per cent year-on-year. Nevertheless, Hille Korhonen, president and chief executive officer of Nokian Tyres, referred to the result as “a good start of the year.”

Read the source article at Tyrepress

Nokian hires Clayco as design partner for U.S. plant


COLCHESTER, Vt—Nokian Tyres P.L.C. is partnering with turnkey retail development firm Clayco Inc. to design and construct its $360 million tire manufacturing plant in Dayton, Tenn.

Read the source article at Rubber and Plastics News

Nokian Tyres changes brand design


Nokia, Finland – Nokian Tyres has changed its brand design is response to consumer trends and in order to become more attractive in the company’s strategic growth areas.

The Finnish tire maker said 6 March that the new brand, which uses simpler fonts compared to the previous design, reflected its “long history, sustainable business and Scandinavian values.”

Read the source article at European Rubber Journal

Nokian adding aramid technology to van, cargo tires


COLCHESTER, Vt.—Nokian is adapting its aramid sidewall technology, using aramid fiber, to its lines of van and cargo tires, which typically are used on heavier vehicles navigating poor roads, gravel and over curbs.

Read the source article at Rubber and Plastics News

Nokian Extends Aramid Technology to Van and Cargo Van Tires


Nokian Tyres’ Aramid Sidewall technology is now available in tires for cargo and commercial van drivers.

“We want to offer cargo and commercial van drivers the same durability that users of our SUV and LT tires are already receiving,” said Petri Neime, head of product and pricing management for Nokian. “In addition to protecting against unplanned additional costs caused by tire damage, Aramid fiber also ensures reliability in unpredictable situations.”

Read the source article at Tire Review

Nokian unveils new Hakkapeliitta R3 winter tires


Nokian Tires introduces its new non-studded Nokian Hakkapeliitta R3 and Hakkapeliitta R3 SUV winter tire. It is part of the company’s offering to provide much-needed peace of mind in case of a sudden snowstorm or rapidly freezing road surfaces. The further improved ice grip and better handling are based on the Arctic Sense Grip concept developed by Nokian Tires that makes driving wonderfully controlled, precise and quiet in slippery winter weather as well as on bare roads.

Read the source article at Traction News

Nokian Tyres to launch four new winter ranges

Four entirely new Nokian winter tyre ranges are to be introduced in time for the colder months in 2018/19. These lines will start shipping to retailers in spring, with a large size portfolio available to consumers this coming autumn.

Read the source article at Tyrepress

Nokian to raise heavy-tire production capacity


Nokia, Finland — Nokian Tyres PLC is planning to increase capacity for heavy commercial tires at its headquarters plant in Nokia by 50% with an $82 million investment over the coming three years.

The project will increase the plant’s rated capacity for heavy tires to about 32,000 metric tons per year from 20,000, and will create up to 50 new jobs, Nokian said.

Read the source article at European Rubber Journal

Nokian Heavy Tyres at Agritechnica 2017: Unstoppable Endurance – trusted quality meets visionary innovation

Nokian Heavy Tyres at Agritechnica 2017: Nokian Heavy Tyres , Nokia, Finland, November 9, 2017 – Both trusted quality and new innovations are needed to enable modern, profitable farming in the changing world. This has inspired the leading tyre brand Nokian Tyres to present a range of tyres more comprehensive than ever in Agritechnica 2017 trade fair . The modern agriculture requires work to be done quickly, safely and economically.

Read the source article at Stock Market Quotes and News

Nokian holds groundbreaking ceremony for new US plant


Nokian has held a groundbreaking ceremony for its new US plant in Dayton, Tennessee. The greenfield factory, which will produce passenger car and light truck tires, will have an annual capacity of four million units and the first products are expected to roll off the production line in 2020. The facility is expected to reach total output by 2022, and its design provides room for potential capacity expansion in future.

Read the source article at Tire Technology International