On November 22, Synthos Synthetic Rubber signed a memorandum of understanding (MoU) with Sumitomo Rubber Industries (SRI) to advance the circular economy in the tire industry. Through this collaboration, Synthos aims to innovate and promote the use of TyreXol rubber powder, derived from end-of-life tires, to create s

On November 21, multiple sources reported that the Gislaved tire plant has resumed production in Ulyanovsk. It plans to produce 1.2 million tires in 2025. The plant previously produced tires under the Bridgestone brand. It has started production of a new summer model tire, which will be released under the Cordiant br

On November 13, ENSO, a tire technology company, signed a letter of interest (LOI) with the Export-Import Bank of the United States of America, to establish a carbon-neutral tire factory in America. The potential factory locations include Colorado, Nevada, Texas, and Georgia, with other states in consideration.
The t

Several South Korean media sources reported that Kumho Tire Co., Ltd. will start supplying Ecsta HS52 as original equipment (OE) tires to the Volkswagen (VW) group. The tires will be mounted on the VW Passat and the Skoda Superb, and the tire size is 215/ 60R16.
The Ecsta HS52 is designed to offer drivers comfortable

On November 18, multiple sources reported that Black Arrow Tire Co. will build a tire manufacturing facility in Yanbu, Saudi Arabia, partnered with Golden Star Rubber Co. , Thailand with a USD 470 million investment.
The new plant will produce 4 million tires annually for passenger vehicles and later expand to 6 mill

South Korea’s Nexen Tire Co., Ltd. announced that it will start supplying 19-inch Roadian GTX as original equipment (OE) tires for Renault Korea’s mid-sized SUV, the Grand Koleos.
The Roadian GTX is an all-season SUV-exclusive tire. It applies lightweight technology to the tread compound to improve fuel efficiency an

On November 14, Yokohama Rubber Co. Ltd. (YRC) announced its decision to close its manufacturing plant located in Hadera, Israel. It will cease operations effective December 31, 2024.
In recent years, major tire manufacturers have established factories in South Asia to be closer to raw materials and take advantage of

Hankook Tire & Technology Co., Ltd. (Hankook Tire) will participate in the Electrify Expo, a trade show in Austin, Texas, the U.S., for electric vehicles (EVs) from November 9 to 11, 2024.
The company will exhibit EV-exclusive iON-brand tires, such as the iON evo high-performance tires, the iON evo AS all-season tire

Continental AG (Continental) has supplied its PremiumContact C tires as original equipment (OE) for BYD Seal U e-SUV. The tire size approved in numerous countries is 235/50 R19 99V.
This summer tire delivers a quiet and comfortable driving. Its special silica compound reduces friction and rolling resistance, enhancin

On November 7, Nokian Tyres announced that the Science Based Targets initiative (SBTi) has approved its new greenhouse gas (GHG) emissions reduction targets, including near-term targets for 2030 and long-term targets to reach net-zero GHG emissions across the value chain by 2050.
The near-term targets include the red

Sumitomo Rubber Industries, Ltd. (Sumitomo Rubber) announced that it will terminate production and dissolve its consolidated subsidiary, Sumitomo Rubber USA, LLC (SRUSA). Due to deterioration of productivity and profitability, the company decided that it will be difficult to ensure profitability of its SRUSA tire pro

On November 11, Goodyear unveiled its ElectricDrive Sustainable-Material (EDS) Tire at the ESG and Sustainable Development Leadership Forum held during the 7th China International Import Expo (CIIE), as a pivotal step on its path to introduce the industry's first 100% sustainable-material tire by 2030.
“With the boom

Announced on November 6, 2024, Hwa Fong Rubber Thailand PCL (HFT) and its subsidiaries posted a 14.5% growth in sales revenue during the first 9 months of 2024 to reach THB 2.18 billion. Meanwhile, its net profit was recorded at THB 220.69 million, up 10.0% YoY.
HFT revealed that sales of motorcycle tires and tubes i

On November 8, Bridgestone India Private Ltd. (BSID), a subsidiary of Bridgestone Corporation (Bridgestone), announced that it will invest USD 85 million in its Pune Plant and the Indore Plant to reinforce the premium-mass strategy. The expansion scheduled will start from the beginning of 2025.
It will increase the t

Hankook Tire & Technology Co., Ltd. announced that it will join the 2024 Hyundai Big Town, a commercial vehicle trade show held in Gwacheon-si, Gyeonggi-do, on October 26 and 27, 2024.
The South Korean tire manufacturer has developed a truck-and-bus-exclusive tire technology called Smartec (Smart+Technology), based o

On October 29, ADM Jizzakh Automobile Plant signed an agreement on cooperation with the leading tire manufacturer First Rezinotechnika Zavod (First Rubber Plant). The cooperation between these companies is aimed at the implementation of the production localization program.
The First Rezinotechnika Zavod will start su