Apollo’s state-of-the-art new factory in Hungary

We take a trip to the tire maker’s state-of-the-art new factory in Hungary, which at the end of phase 1, will have a production capacity of around 5.5 million passenger car and light truck tires and 675,000 commercial vehicle tires annually. More in the July issue of TTI

http://www.tiretechnologyinternational.com/video/apollo_press_the_button.mp4 

Read the source article at Tire Technology International

Michelin Says Stop Buying Tires Early

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When do you change the tires on your car? Although the legal minimum is 1.6 mm of tread, many experts advise replacing rubber at around 3.0 mm. This is because tires are generally believed to perform at their best with lots of tread — but now Michelin has taken the unusual step of warning consumers that this is wrong and swapping tires early is pointless.

The tire manufacturer has hit out at the common belief that tires become less efficient as they wear, explaining that its premium rubber performs better with 1.6 mm of tread than some budget brands with full tread. It also says that tires become more fuel efficient as they wear and rolling resistance decreases, meaning drivers could be using more fuel by changing early.

If everyone in the EU changed their tires at 3.0 mm rather than 1.6 mm, they’d spend €6.9 billion (almost $7.7B) a year in unnecessary tire purchases and additional fuel consumption says Michelin. It adds that it would result in 128 million additional tires being used a year in Europe — which would cause nine million tons of additional CO2 emissions every year.

Read the source article at Motor1.com

Bridgestone completes acquisition of French tire retailer

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Brussels – Bridgestone EMEA has completed the previously-announced acquisition of French tire retailer Groupe Ayme, the Japanese tire maker announced 17th of May.

The acquisition will add 104 points of sale for Bridgestone in France under the “Côté Route” brand. This will expand Bridgestone’s French retail network, consisting of First Stop, Speedy and Côté Route, to over 900 outlets.

Read the source article at European Rubber Journal

Trelleborg unit appealing OTR tire import duties

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New York — Trelleborg Wheel Systems (Xingtai) Co. Ltd. has followed four other Chinese off-the-road (OTR) tire manufacturers in appealing stiff new antidumping duties from the U.S. department of commerce.

Trelleborg filed a complaint with the U.S. Court of International Trade (CIT) May 15, alleging that Commerce’s decisions in its antidumping review of Chinese OTR tires for the period between Sept. 1, 2014 and Aug. 31, 2015 were not based on substantial evidence.

Read the source article at European Rubber Journal

ASTM committee to focus on recovered carbon black

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BRUSSELS – The formation of ASTM Committee D36, Recovered Carbon Black, may well be the biggest step forward the tire recycling technology known as pyrolysis has taken toward commercial success and mass acceptance.

Read the source article at Rubber and Plastics News

Goodyear to raise prices for second time in 2017

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Akron, Ohio – For the second time this year, Goodyear will increase prices across of all its brands in the US and Canada.

In an email statement 4 April, the tire maker said it will increase prices by approximately 6% beginning 1 May. This is in addition to a previously announced price increase that took effect 1 Feb.

According to a company spokesperson, the rising costs of raw materials is a key factor driving the second price hike.

Raw materials costs have been a driving force that has…

Read the source article at European Rubber Journal

ITC decision leaves USW, retreaders reeling

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WASHINGTON (Feb. 24, 2017) — The United Steelworkers (USW) union and U.S. retreaders are reeling in the wake of the U.S. International Trade Commission’s (ITC) decision to not impose import duties on Chinese truck and bus tire imports.

The 3-2 ITC vote on Feb. 20 that the U.S. truck and bus tire industry has not suffered material injury because of Chinese imports means the U.S. Department of Commerce will not order U.S. Customs and Border Protection to collect antidumping and countervailing duties from Chinese truck and bus tire manufacturers and importers.

The USW union, which had petitioned the ITC for duties a year ago, expressed disappointment at the agency’s decision, as did represesentatives of the U.S. retreading industry, which supported elevated duties on Chinese truck/bus tires as a way to keep an important price differential between new Chinese tires and retreaded truck tires.

“Of all the stakeholders in this, retreaders are the ones who are hurt the most,” said Terry Westhafer, president of Verona, Va.-based retreading firm Central Tire Co.

Considering the fact that the Commerce Department had issued final antidumping and countervailing duties against Chinese tire makers in late January, Mr. Westhafer said it is hard to understand how the ITC failed to find material injury in this investigation.

Read the source article at Tire Business

Doublestar inks stock purchase agreement with Kumho creditors

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Seoul – Chinese tire maker Doublestar Tyre Co. has signed an agreement with Kumho Tire creditors for the purchase of a 42.01% majority stake in the South Korean tire company, according to local reports.

The 955 billion won (€778 million) deal was reportedly inked on 13 March and will also give Doublestar management rights.

According to Puls News, Doublestar has issued a press release promising to “respect independent operation and management” at the Korean company.

Read the source article at European Rubber Journal

Yokohama extending ‘BluEarth’ range

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GENEVA (March 8, 2017) — Yokohama Rubber Co. Ltd. is expanding the scope and range of its “BluEarth” fuel-efficient tire line and bringing back one of its “landmark” high-performance tire lines, the tire maker disclosed at the Geneva International Motor Show.

Starting this spring, Yokohama will add the BluEarth-Es ES32 touring line, expand availability of the BluEarth RV-02 CUV/SUV line and start taking orders for the BluEarth*Winter V90, the first winter tire to use the fuel-efficient technology of the firm’s “environmentally, human and socially friendly” global tire brand.

Yokohama’s BluEarth technology comprises a package of the four core performance traits of any tire — wet grip, wear resistance, durability and fuel efficiency — and employs the firm’s proprietary “nano-blend compound” that incorporates orange oil and other components to create a balance of high fuel efficiency, superior wet grip performance and wear resistance.

Read the source article at Tire Business

Nitian Mantri to replace Yogesh Mahansaria as CEO of ATG

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Yogesh Mahansaria is to step down as chief executive officer of the company he founded. Alliance Tire Group (ATG) has announced the appointment of Nitian Mantri as chief executive officer – designate, and states that he will “be taking over the reins” from Mahansaria over the coming few months.

Read the source article at Tyrepress