Yokohama and Kumho has finished cooperation ahead of schedule

Yokohama has finished the technology relations with Kumho Tire. Since February 2014, there has been an agreement on the Master Technological Alliance. The cooperation F&E-Agreement as well as the agreement on an exchange of licences and technology aimed at working together on tyre-related future technologies including eco-friendly tyre technologies and new concept tyres. Due to recent changes of majority shareholders of Kumho Tire, the agreement was cancelled based on these conditions.

Kumho Tire’s headquarters is in Gwangju/South Korea. The company achieved a consolidated net turnover of 2,876.4 billion won in the business year 2017. Yokohama’s consolidated turnover (based on IFRS) amounted to 646.3 billion yen including a share of 459.9 billion yen for tyres in the business year 2017.

(akl/kle)

English Section

Michelin will take over Camso – concentration of OTR activities

Michelin and Camso have come to an agreement according to which Michelin will take over the company Camso based in Quebec/Canada. The OTR (off-the-road) activities of both companies are to be concentrated in a new division, which will be managed from Quebec.

English Section, Reifenindustrie

English Section

Product optimization because of field tests together with customers

Continental offers a comprehensive portfolio of components and systems for off-highway applications. The solutions of the international technology group are meant to make construction, agricultural and transport machines and vehicles safer, cleaner and more efficient and comfortable.

English Section, Reifenindustrie

English Section

Wdk: Tyre manufacturers will have to cope with decrease in turnover of 6.2 per cent

After the first six months of the year 2016, the German rubber industry noticed a decrease in turnover of 2.2 per cent. According to wdk (Organisation of German Manufacturers of Tyres and Technical Elastomers Products), the tyre manufacturers’ turnover fell by 6.2 per cent. In spite of higher sales figures for TEE (Technische Elastomer Erzeugnisse – Technical Elastomers Products) production decreased in German tyre plants and in TEE locations. While manufacturers of TEE were able to look back at a slightly positive business development in the first half of 2016, there was a decrease in turnover for tyre manufacturers in the same period. This was not only caused by low sales prices resulting from falling raw material costs.

English Section, Reifenindustrie

Reifenhandel

point S expandiert nach Asien

Nach Europa, Nordamerika und Afrika kündigt point S seine Markteinführung in Malaysia an. Geplant ist eine Master Franchise-Vereinbarung mit der GIIB-Gruppe (Goodway Integrated Industries Berhad).

Reifenhandel