Xingda Steel Tyre Cord opens office in Luxembourg

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Xingda Steel Tyre Cord has established an office in Luxembourg, enabling it to better serve customers in Europe while also expanding its footprint.

Senior execs celebrated at the opening ceremony in December last year, which was also attended by world-renowned rubber and tire manufacturers.

The company is systematically increasing its global footprint and also recently established a subsidiary in the USA, Xingda American Company, and has opened a plant in Thailand.

Read the source article at Tire Technology International

The wide-base super-single story no one is talking about

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Why are retreaders getting squeezed with lower production and profit margins? The tire trade journals have been splashing the effects of cheap “Chinese” Tier 4 tires for many months as the primary cause of production and financial stress for retreaders.

This is no doubt a major influence and major contributor to this decline. To quote recent media on other political national topics, “This is fake news.”

The major Tier 1, Tier 2 tire manufacturers also are contributing in this shrinkage with the advent of the wide-base super-single (WBSS) tires that have been heavily marketed for nearly 18 years now.

Read the source article at Tire Business

Goodyear to expand capacity 25% at Slovenia plant

Kranj, Slovenia — Goodyear is planning to expand capacity at its Goodyear Dunlop Sava Tires plant in Kranj by about 25% by 2022 with the addition of building equipment for larger rim-diameter tires.

The expansion, valued at $107 million, will add more than 58,000 square feet to the factory that Goodyear has owned since 1998. The expansion will boost capacity by 1.8 million units a year and create up to 160 jobs, Goodyear said.

Read the source article at European Rubber Journal

Cooper Tire partners with Sailun for new tire plant in Vietnam

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Cooper Tire announced that it has agreed to form a joint venture with Sailun Vietnam to build a manufacturing plant with the capacity to produce more than 2 million truck and bus radial (TBR) tires annually.

The facility will be located near Ho Chi Minh City, Vietnam, at the site of Sailun Vietnam’s existing operations. Cooper will own 35 percent of the new venture.

Read the source article at Traction News

Pirelli to increase prices on passenger, light truck tires

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ROME, Ga. — Pirelli Tire North America L.L.C. will increase prices on all of its passenger and light truck tires in the U.S., effective Jan. 1.

Read the source article at Tire Business

TRAC Winter Tire Report: Winter Tires Prevent Hazardous Road Situations

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TRAC’s 2018 Canadian Consumer Winter Tire Study shows that 80 per cent of winter tire owners believe driving a vehicle equipped with winter tires has saved them from being involved in a potentially hazardous driving situation such as loss of control or a collision. The Study also found that 76 per cent of Canadian motorists now use winter tires.

 Download Full Report.

Read the source article at cdn2.hubspot.net

Eight-in-ten winter tire owners say winter tires have saved them from loss of control or a collision: survey

A big majority of winter tire owners believe that driving a vehicle equipped with winter tires has saved them from being involved in a potentially hazardous driving situation.

 

Cambridge, Ontario, Nov. 08, 2018 (GLOBE NEWSWIRE) — Eighty per cent of winter tire owners believe driving a vehicle equipped with winter tires has saved them from being involved in a potentially hazardous driving situation such as loss of control or a collision, according to a new consumer survey commissioned by the Tire and Rubber Association of Canada (TRAC).

“Canadian drivers who have embraced winter tires have spoken and provided this very telling insight,” says Glenn Maidment, President of TRAC. “They confirmed what we already know—that the superior performance of winter tires has a place in Canada, and that their greater grip and significantly shorter stopping distances on all cold-weather road surfaces keep Canadians safer on winter roads.”

TRAC’s 2018 Canadian Consumer Winter Tire Study also found that 76 per cent of Canadian motorists now use winter tires. In comparison, TRAC’s 2017 study found 66 per cent of drivers were using winter tires.

Excluding Quebec, where winter tires are required by law, winter tire usage stands at 70 per cent. Last year’s study found 60 per cent of drivers were using winter tires outside Quebec.

This surge in winter tire usage is reflected in winter tire shipments across Canada, which have grown at an annualized rate of four per cent over the past five years. The significant increase in winter tire use is great news because it means our wintertime roadways are safer than ever as Canadians embrace the safety and performance advantages of winter tires.

The top motivations for purchasing winter tires, include: winter tire laws (34 per cent); advice from family and friends (17 per cent); lower auto insurance premiums (11 per cent), and positive media coverage (seven per cent).

“At 17 per cent, advice from family and friends represents a major driver when it comes to drivers switching to winter tires,” says Maidment. “So, we can effectively link the increases in winter tire utilisation directly with people sharing their positive experience with winter tires.”

Regionally, the 2018 study found:

  • 64 per cent of British Columbia drivers use winter tires
  • Alberta’s usage rate is 70 per cent
  • In Manitoba and Saskatchewan usage stands at 60 per cent
  • 69 per cent of Ontario drivers now use winter tires
  • In Atlantic Canada, where winter tire usage is surpassed only by Quebec, winter tire usage stands at 94 per cent

The most common reasons why three-in-ten drivers still resist winter tires are the belief that all-season tires provide enough traction (53 per cent), cost (18 per cent) and reduced driving in winter (15 per cent).

Full survey results are available at www.tracanada.ca.

The superior performance of winter tires is the result of advanced tread designs and rubber compounds. Winter tires feature softer tread compounds that retain flexibility even in extremely cold conditions. At temperatures at or below 7 degrees Celsius, the traction capabilities of winter tires provide greater grip on all cold-weather road surfaces and significantly shorter stopping distances.

In Quebec, provincial research shows universal winter tire use results in a five per cent reduction in road accident injuries and a three per cent reduction in deaths and serious injuries. (Source: Quebec Winter Tire Report, 2011)

Read the source article at Send Press Releases with GlobeNewswire

Pirelli, Rostec to double tire production at Russian plant

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Moscow – Pirelli C & SpA and Russian state-owned Rostec have signed a €100-million agreement to double production at the Voronezh tire manufacturing plant, according to press.

Italian news agency Agenzia Nova reported 24 Oct that the agreement was signed during the Italian prime minister Giuseppe Conte visit to Moscow.

As reported by ERJ, Pirelli signalled plans to invest in the Voronezh tire plant last July, saying it aimed to double production capacity to 4 million units a year.

Read the source article at European Rubber Journal

Rapid EV growth to 2028 will drive changes in tires, new Smithers Rapra report says

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As part of the biggest automotive industry disruption in recent history, tire makers are increasingly focusing their business strategies on serving the electric vehicle market.  Electric vehicles (EVs) will make up a relatively small part of new vehicle sales and an even smaller part of the global vehicle park by 2028, but the segment is still exhibit dynamic growth.

In its market report The Impact of Electric Vehicles on Tires to 2028which is scheduled for release in October, Smithers Rapra estimates the number of EV passenger and light goods vehicles and the EV truck and bus segment will grow to nearly 432 million units with a CAGR of 35% over 2018-2028. This same segment is forecasted to reach nearly $33 million in value. Passenger car/light goods vehicles are forecasted to drive most of this volume and value growth.

As a baseline for comparison, the International Energy Agency (IEA) estimated that there were over 750,000 new Battery Electronic Vehicle (BEV) and Plug-in Hybrid Vehicle (PHEV) registrations around the globe in 2016.

Smithers’ research into regional development shows that China will be by far the biggest electric vehicle market due to government policies to reduce pollution and dependence on imported oil. Most importantly, China’s government desires to dominate the industry.

Tires for hybrid vehicles will have more emphasis on low rolling resistance. Tires for plug-in electric vehicles (PHEVs) and especially for BEVs will need to handle greater torque generated by the battery, extra battery weight and the requirement for reduced cabin noise. Vehicle weight distribution is also likely to be significantly different, which can affect tire design.

The main drivers for tires to enhance EVs include fuel efficiency, grip, load bearing, wear, noise and vibration, overall property balance, air retention, and puncture resistance. Fuel efficiency is the most important issue. By 2025 US CAFE standards for passenger cars/light goods vehicles and trucks and buses indicate targeted MPG for car fleets should be an average 54.5. In comparison, OEMs are focused on long-range EVs that provide 200 or more miles on a single charge.

Current market influencing trends on EVs and tire development include reducing CO2 emissions, the speed of technological change, the increasing affluence and growth of the middle class in emerging/BRIC markets, urbanization, and aging populations. Also important is the greater use of sustainable materials in tire construction, increased emphasis on recycling, and growing fleet operation.

The Smithers Rapra market report The Impact of Electric Vehicles on Tires to 2028offers in-depth analysis of the growing electric vehicle market and its influence on tire development and manufacturing.

Smithers Rapra estimates for the next 10 years the strongest growth for Mild Hybrid quickly followed by BEVs for the passenger car/light goods vehicles plus the truck and bus segment

Tyre maker Michelin confirms 2018 guidance despite China slowdown

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Tyre makers such as Michelin and its rivals Continental and Goodyear have been hit by weaker demand in China, whose economy has been slowing, and the impact of adverse foreign exchange movements and commodity prices.

But Michelin said growth in Europe and north America meant it would stick to its overall 2018 financial targets.

Xavier Caroen, an analyst at French brokerage Bryan Garnier, said the statement would reassure investors that the French company had not been as badly affected as other tyre makers.

Read the source article at Stock Market Quotes and News