The joint venture facility will grow quickly over the next several years, with the aim of recycling one million metric tons of vehicle tyre material by 2030, representing a third of all end-of-life tyres in Europe. 

In the opening pages of its very first sustainability report, published in 2019, Iochpe-Maxion proclaimed its interest in “establishing a position of transparency for the market and society”. The Brazilian company – originally a logging firm and now one of the largest manufacturers of wheels and structural components for automotives and commercial vehicles – had pursued certain sustainability objectives prior to 2019, but these had been managed individually by its numerous subsidiaries.

The valve cap sensor is screwed directly onto the valve of a bus, truck or trailer tyre and measures the tyre pressure in real time. The data is accessed through the ContiConnect tyre app. This entry-level valve cap solution allows fleet managers quicker and easier tyre management, saving time and boosting profitability.

The demonstrator, located at Michelin’s plant in the commune of Bassens, is tooled to produce butadiene, an organic compound of hydrogen and carbon, from ethanol derived from biomass.

Founded in 2007, TST is primarily known for its tyre pressure monitoring systems for recreational vehicles, though it also serves applications such as agricultural trailers, construction equipment, and commercial transport vehicles.

Mark Gerardts, Giorgio Mariani, and Nuket Ozgur have been promoted to Business Unit President EMEA, CCO, and CFO respectively.

The company appointed Joe Burke as the new Vice President of its North American commercial business, succeeding Dave Beasley, who is retiring after a 40-year career with Goodyear. Burke will report directly to the president of Goodyear Americas, Steve McClellan.

Continental officially inaugurated its new multimillion-euro corporate headquarters on the Hans-Böckler-Allee campus, in Hanover, Germany on December 13, 2023. The campus consists of six buildings, housing over 2,400 employees, in both the Tires and ContiTech groups.

Currently, the multinational is retreading more than one million of its commercial vehicle tyres a year throughout its retread plants/subsidiaries worldwide. This all falls below the ContiLifeCycle* sustainable strategy, aiming to maximise tyre longevity for customers and improve environmental sustainability.

The factory employed 1,070 staff and produced 2,100 TBR tyres a day. Further reasons for closure included the impact on local communities, issues with the rubber supply chain and the overall profitability of the factory.

The company purchased the Delta S3 simulator from Ansible Motion and has been fine-tuning it for its specific use over the last 12 months. This will allow for virtual tyre tests, which is expected to shorten development times and save on raw materials when compared with track testing.

The Board of Directors has approved a proposal to build a new EUR 540 million commercial vehicle tyre production line at its Hungarian plant in Rácalmás by 2027.