Laufenn launch makes Hankook more holistic commercial tyre supplier

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The launch of the second-line Laufenn brand onto the European commercial vehicle tyre market has rounded out Hankook’s offer to fleet customers. Offering a second tier brand – alongside a growing retreading programme via its Alphatread range – can both allow the manufacturer a more extensive product range to cater to each customer’s entire fleet, and also allow Hankook to capitalise on the growing interest in more value-oriented products.

Read the source article at Tyrepress

Goodyear to supply two tire options for new Land Rover Defender

Goodyear will supply two original equipment tire options for the new Land Rover Defender. The revamped off-roader relaunches after a radical redesign for 2020, and the tire manufacturer will offer the Goodyear Wrangler All-Terrain Adventure and Goodyear Wrangler DuraTrac as fitment options.

Read the source article at Tire Technology International

Auto supplier Magna’s sales beat as virus-hit vehicle production rebounds – Reuters

(Reuters) – Auto parts maker Magna International Inc (MG.TO) on Friday reported better-than-expected quarterly revenue and forecast full-year sales above estimates, as vehicle production in North America showed signs of a recovery from the COVID-19 pandemic. The company said it lost about $5.5 billion in sales during the second quarter, as its customers shut production amid government-enforced lockdowns.

Read the source article at reuters.com

AirBoss to Present at Canaccord Genuity’s 40th Annual Growth Conference

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Please connect approximately 5 to 10 minutes prior to the beginning of the webcast to register. Chris Bitsakakis, President or Gren Schoch, CEO at 905-751-1188. AirBoss of America Corp. is a group of complementary businesses supplying custom compounded rubber, survivability solutions and anti-vibration components to a diverse group of customers globally. AirBoss Rubber Solutions is a top-tier North American custom rubber compounder with 450 million turn pounds of annual capacity.

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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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Bosch creates single unit to oversee software, systems development – Reuters

(Reuters) – Germany’s Robert Bosch GmbH, the world’s largest auto parts supplier, said on Tuesday it is consolidating its software and electronics expertise in a single division, in order to get new digitalized vehicle functions on the road significantly faster.

Read the source article at reuters.com

Halcyon Agri founding chief executive Robert Meyer retires

NATURAL rubber supplier Halcyon Agri Corporation on Monday said its founding chief executive officer (CEO) Robert Meyer, as well as chief corporate officer Pascal Demierre, retired on Friday. 

Taking over from Mr Meyer as CEO is David Li Xuetao, the former CEO of GMG Global. He has more than 20 years of experience in the tyre, synthetic rubber and natural rubber business, mainboard-listed Halcyon Agri said in a regulatory update.

Halcyon Agri acquired industry peer GMG Global in 2016 in a series of transactions to consolidate the natural rubber business of Sinochem International Corp – Halcyon Agri’s major shareholder.

Read the source article at THE BUSINESS TIMES

Orion Engineered Carbons Commissions New Air Emissions Controls at U.S. Facility

HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance Carbon Black, today announced that it has successfully completed a significant upgrade of its emissions controls at its plant in Orange, Texas. As a result of these actions, the site complies with strengthened environmental standards which reduce the site’s emission permits for NOx and SO2 by 2,300 metric tons of air pollutant emissions per year.

 

Read the source article at businesswire.com

Trinseo Annual Sustainability & Corporate Social Responsibility Report

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BERWYN, Pa.–( BUSINESS WIRE )– Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, announced the release of its 2020 Sustainability & Corporate Social Responsibility (CSR) Report .

Read the source article at businesswire.com

Yokohama Tire Earns Third Consecutive Subaru Supplier Award

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For the third year-in-a-row,  Yokohama Tire Corp . was recognized by Subaru of Indiana Automotive (SIA) with a supplier’s award. This earned the tiremaker a spot in in the prestigious Superior Excellent Performance category. Yokohama earned the award for its supply of the AVID S34P (P225/40R18 88V) tires on the Impreza and AVID GT S35 on the Legacy (P225/55R17 97V and 225/50R18 95V) and on the Outback (225/65R17 102H and 225/60R18 100H).

Read the source article at Aftermarket News