Innovative Strategies for Sustainable Practices in the Tyre Industry

Innovative Strategies for Sustainable Practices in the Tyre Industry

All, Blog, Tyre Technology & Product InnovationAugust 6, 2024151Views 0Likes 0Comments

Introduction With increasing environmental concerns and stringent regulations, the tyre industry is turning to sustainable practices and innovative recycling technologies. This blog delves into the best practices, global case studies, and strategies that are shaping the future of tyre recycling and value recovery. We'll explore various aspects of the tyre industry's approach to sustainability, including:…

Ocean Container Shipping Volatility Eases as Market Spread Narrows

All, Blog, Market & Trade TrendsAugust 5, 2024134Views 0Likes 0Comments

Understanding Market Spread Volatility Volatility in the market often results from a combination of factors, including geopolitical events, supply chain disruptions, and changes in demand. These factors can cause the spread between the highest and lowest market rates to expand rapidly. Smaller freight forwarders are typically the first to feel the impact, but as volatility…

Shandong’s Dongying Aims for £10.6 Billion in Tyre Industry by 2028

All, General Industry News, NewsJuly 25, 2024150Views 0Likes 0Comments

The Dongying government in China's Shandong Province has announced an ambitious 2024-2028 Rubber Tyre Industry Development Plan. This initiative aims to significantly boost the local tyre industry by targeting up to nine tyre and tyre-related enterprises within the region. The goal is to achieve a combined operating income of RMB 100 billion (approximately £10 billion)…

Strategies to Prevent Ocean Freight Rates from Soaring to Pandemic Levels

All, Blog, Market & Trade TrendsJuly 9, 2024120Views 0Likes 0Comments

As ocean freight container shipping spot rates soar, it's crucial to understand what can be done to avoid reaching the pandemic peak levels. In this article, we’ll explore the actions shippers and carriers can take to manage the market effectively. As we move into July, the rates are on the rise again, inching closer to…

How China’s EV Dominance is Shaping the Chinese Tyre Industry

All, Blog, Market & Trade TrendsJune 28, 2024203Views 0Likes 0Comments

China has quickly become the world leader in electric vehicle (EV) production, outpacing other nations and setting the standard for the future of transportation. This rapid growth in EV manufacturing is having a significant impact on related industries, particularly the tyre sector. As more EVs hit the roads, the demand for tyres specifically designed for…

Chinese Tyre Exports Surge Despite Rising Shipping Costs

All, Market & Trade Trends, NewsJune 25, 2024116Views 0Likes 0Comments

Despite surging shipping costs, China's tyre exports have demonstrated robust performance in May, climbing 4.8% year-on-year to 56.38 million units, valued at 13.05 billion yuan (about £1.42 billion or €1.68 billion) — a modest 2.1% increase. This growth, though less than recent years, underscores Chinese exporters' resilience amid global supply chain disruptions, especially in ocean…

Latin Tyre & Auto Parts Expo 2024: Opportunities to Expand Business your Tyre Business

All, Events & Exhibitions, Exhibition SectionJune 21, 2024190Views 0Likes 0Comments

The Latin Tyre & Auto Parts Expo is also known as Latin America’s premier tyre and auto parts exhibition. The event, set for July 31 to August 2, 2024, at the state-of-the-art Panama Convention Center, offers an unmatched opportunity for professionals in the tire and auto parts industry to connect, grow, and thrive. Here’s how…

Tariffs on Chinese EV Imports to be Increased by the EU

All, Market & Trade Trends, NewsJune 14, 2024110Views 0Likes 0Comments

The European Union has announced plans to impose tariffs of up to 38% on Chinese electric vehicle imports, potentially amounting to over €2 billion annually. This decision follows a thorough nine-month investigation into alleged unfair subsidies benefiting Chinese electric vehicle manufacturers, including prominent brands such as BYD, Geely, and SAIC. The EU's anti-subsidy investigation…

Rapid Growth of Chinese Tyre Brands Revealed by Brand Finance

All, News, Tyre Technology & Product InnovationJune 11, 2024139Views 0Likes 0Comments

The latest report from Brand Finance shows the robust growth of Chinese tyre brands within a landscape traditionally dominated by Western competitors. While Michelin, Bridgestone, and Continental hold the top three positions as the world's most valuable and strongest tyre brands, a significant trend emerges from China. The Chinese tyre industry's success in 2023…

Shifts in Ocean Shipping | The Impact of the Red Sea Crisis

All, Blog, Market & Trade TrendsJune 10, 2024136Views 0Likes 0Comments

The recent crisis in the Red Sea has thrown the global shipping industry into turmoil. Security threats and geopolitical tensions have forced shipping companies to rethink their strategies, impacting transit times, costs, and logistics. Let’s explore the major changes and long-term implications for the industry. Key Changes in Ocean Shipping 1. Rerouting Through…

The Evolution of Tyre Technology

All, Blog, Tyre Technology & Product InnovationJune 7, 2024851Views 0Likes 0Comments

Over the years, tyre technology has undergone remarkable changes, from basic rubber constructions to advanced smart materials. This evolution has been driven by the need for improved performance, safety, efficiency, and sustainability. Let's take a journey through the history and future of tyre technology. Early Beginnings: The Birth of Rubber Tyres The story of tyres…

Tyre manufacturing Giant Develops Exclusive P Zero Winter 2 for BMW 7 Series

All, General Industry News, NewsJune 6, 2024107Views 0Likes 0Comments

BMW has introduced new 20-inch P Zero Winter 2 tyres for the BMW 7 Series in collaboration with a leading tyre manufacturer, setting a new standard in electric vehicle tyre technology. These tyres, revealed at Tire Cologne, offer extended range capabilities and superior performance in winter conditions. These tyres, boasting an “A class” European labelling…