Michelin has bought tire recycler Lehigh Technologies for an undisclosed sum. The deal was completed on 13 October, and means that Lehigh is becoming a wholly-owned subsidiary of Michelin. No financial details were revealed. Although neither party gave any indication of the value of the company, Lehigh said in early 2017 that it was expecting
Category: AA-commentaries
China Tire Report – September 2017
This is the September summary of our analysis of China’s tire industry. We publish a weekly report on the tire industry in China. It is the only source of information in the English language for those who want to keep up-to-date with commercial, legislative, policy and recycling developments in the tire industry in China. Since
GM gets serious about de-forestation and tires
This article was first published in the July edition of our monthly Tire industry Intelligence report It was accompanied by a series of other articles on sustainable natural rubber and how the tire industry can do more to limit deforestation in the Mekong basin and elsewhere. GM gets serious about de-forestation and tires In May
Global Tire industry in September
We have just published the September issue of our global tire industry newsletter. This 36-page publication brings you unique insights into: Changes in the tire industry uncovered at the Frankfurt IAA A unique analysis of Pirelli’s IPO and prospects for the future Japan’s tire industry (in numbers) India’s tire industry (in numbers) India’s tariffs on TBR
China Tire Report – August 2017
This is the August summary of our analysis of China’s tire industry. We publish a weekly report on the tire industry in China. It is the only source of information in the English language for those who want to keep up-to-date with commercial, legislative, policy and recycling developments in the tire industry in China. Since
Why and how the Kumho-Doublestar deal is collapsing
This story first appeared in our annual review of the tire industry. Here we present an updated version in the light of the latest news (from early September). Deal collapsing As we write, it appears that the deal reached in July over the ownership of 42.01% of Kumho Tire shares is on the point of
Are Chinese truck tires being dumped?
The second week of August was momentous for China’s tire industry. Not in a good way. First, India’s due to cheap imports of truck and bus radial (TBR) tires from China and the Indian government said it was likely to impose tariffs. Second, a preliminary investigation by the of the same products in Europe. This adds to
China Tire Report – July 2017
This is the July summary of our analysis of China’s tire industry. We publish a on the tire industry in China. It is the only source of information in the English language for those who want to keep up-to-date with commercial, legislative, policy and recycling developments in the tire industry in China. Since this was
EU to change tire labelling rules
The European Commission (EC) has announced its intention to revise the European tire labelling scheme. The Commission published a roadmap on 11 July indicating the timescale for this. The final revision is expected to be published in early 2019, and most of 2018 will be spent thrashing out the details of the revisions. Although a
Double Star and Kumho – Why it matters to you
Once the final bidders for the stake were announced, the name of the winner was no real surprise. In fact I predicted it in the email I sent last week to subscribers to our weekly China Tire Intelligence report. Even if Kumho Asiana Group is unable to raise the rumoured USD850mn to out-bid Double Star,