ETRMA tire sales: A half of two quarters

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Brussels – European sales of replacement passenger car and truck & bus tires recovered strongly in the second quarter, figures from the European Tyre & Rubber Manufacturers’ Association (ETRMA) show.

In the three months to 30 June, ETRMA member companies reported a 5% year-on-year increase in sales of passenger car tires, to 49,154,000 units – in contrast to a 6% year-on-year decline in the first-quarter to 52, 353,000 units.

Read the source article at European Rubber Journal

Ontario Used Tire Collection Data – 2015, 2016 & 2017

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Consistent with the approved Used Tires Program Wind-Up Plan (WUP), OTS has prepared an analysis of used tire collection in different areas of the province for 2015, 2016 and 2017. This information is presented by used tire type and reflects the number of units of each used tire type picked-up from Collectors in each geographic zone.

The zones have been designed to offer a more detailed picture of where used tires are generated in the province, while still protecting the sensitive business information of Collectors and Haulers in/servicing these areas.

OTS 2015 – 2017 Used Tire Collection Data
(Note: the data will download as an Excel file)

Read the source article at Rethink Tires

Slower rubber production has partly absorbed excess availability, says ANRPC

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The Association of Natural Rubber Producing Countries (ANRPC) has released its May 2018 Natural Rubber Trends & Statistics report, which states that the world consumption of natural rubber has increased by 6.2%, year-over-year during the period from January to May 2018.

Read the source article at Tire Technology International

Medium, large OTR demand fuel BKT growth

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Minoo Mehta, president of BKT USA Inc., the U.S. subsidiary of India’s Balkrishna Industries Ltd. (BKT), discussed his company’s successes as well as the challenges ahead in an interview with Tire Business.

Q: How would you describe business thus far in 2018?

A: For BKT, it has been the best start this year compared to the last three years. Demand for BKT tires is primarily fueled by 

Read the source article at Tire Business

Future Tire: Industry leaders map the road ahead

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In a series of Q&As in the run up to Future Tire 2018, ERJ asked conference participants for their views on the new technologies that are driving or are set to drive real change within the tire industry:

Dr. Guido Hüffer, general manager retail operations DACH at Goodyear Dunlop Handelssysteme,

The most important drivers of Tire Retail business were and still are the increasing complexity of car technology and further digitalisation….

Read the source article at European Rubber Journal

Raw materials costs hit Conti Rubber Group

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Hanover, Germany – Continental AG’s tire sales have slipped 4.4% year-on-year to €2,635.5 million in the first quarter of 2018, due in part to exchange rate effects and “changes in scope of consolidation”.

In the first three months of 2018, sales volumes for passenger and light truck tires in both original equipment business and tire replacement business were down “slightly” compared with the first quarter of 2017.

Read the source article at European Rubber Journal

Future Tire: Q&A with BRV chairman

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In this Q&A, Stephan Helm, chairman of the German tire retail and vulcanisation trades association (BRV), gives his views on the development of new technologies within the tire industry:

ERJ: Please identify one significant development in the tire industry in the last 2-3 years, and explain its importance.

Read the source article at European Rubber Journal

USTMA pegs 2018 tire shipment growth at 0.8%

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Washington –The US Tire Manufacturers Association (USTMA) is projecting tire shipment growth across the board in 2018, albeit at rather modest rates ranging from 0.4 to 3.7%.

Overall, shipments of passenger, light and medium/heavy truck tires are forecast to rise 0.8% to 319.1 million units, the USTMA said, without indicating what factors are influencing its forecast.

Read the source article at European Rubber Journal

Conti expects modest rises in tire-demand during 2018

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Hanover, Germany – Continental AG expects demand for passenger car tires and light commercial vehicles replacement tires to grow 3% in 2018, according to its annual report.

“The Asian market is expected to contribute around 60% of this increase, with growth of 5%,” said the German tire and technology supplier.

Market expansion, it added, will be primarily driven by China – as in previous years – with further growth in vehicle parc.

Read the source article at European Rubber Journal

Bibendum Builds Momentum As Michelin Becomes World’s Most Valuable Tire Brand

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Michelin has become the world’s most valuable tire brand following 30 percent brand value growth to $7.9 billion over the past year according to the latest Brand Finance report. It overtook Bridgestone (down 6 percent to $7 billion), which slipped from first to second place in the annual Brand Finance Tyres 10 ranking.

Read the source article at Aftermarket News