Sumitomo Invests $122mln To Expand US Plant Output

Sumitomo Invests $122mln To Expand US Plant Output

Sumitomo Rubber will increase production capacity of its US plant to cater to the growing demand in North America.

The company will make around $122 million investment in the US plant to increase production capacity of passenger cars, light trucks, trucks, buses and motorcycles tyres.

The company will invest $ 96 million to enhance the production of passenger car tyres and light truck tyres, from 6,500 tyres per day to 12,000 tyres per day by 2023, at its Tonawanda, New York, USA. For the truck and bus tyres, it will make an investment of $26 million to heighten the production level from 1,750 tyres per day to 2,300 tyres per day by the end of 2024.

Besides, the capacity increase at its US plant, Sumitomo Rubber, will also update production equipment at its factories in Thailand and Miyazaki (Japan) to shift toward increased tyre production for SUVs and light trucks. With this shift, these two factories will support the company’s push to increase sales of SUV and light truck tyre in North America by producing 4,150 of these tyres per day by the end of 2023 (Thailand) and 1,600 of these tyres per day by the end of 2024 (Miyazaki). The total value of our planned investment in these two factories is 10.8 Billion JPY.

However, Sumitomo Rubber said global demand has declined sharply due to COVID 19 and it does not expect the recovery to the pre-COVID levels until 2022 at the earliest.

“Sumitomo Rubber Group has continued to steadily expand sales of our FALKEN WILDPEAK Series and other high-performance tyres in the North American market under our world-renowned FALKEN brand. Our decision to invest in augmenting production capacity at our USA Factory is not only in response to strong sales, but also reflects our great confidence in the factory, which has made enormous progress in improving productivity over the past few years. By augmenting our local production base for the North American market, we aim to reduce sales lead times so that we may further expand sales in this key market,” said the company. 

 

 

Doublestar Tires Continues To Lead Chinese Tyre Brands With 116 Billion Yuan Brand Value

Doublestar Tires Continues To Lead Chinese Tyre Brands With 116 Billion Yuan Brand Value

On 18 June, the prestigious 22nd ‘World Brand Conference and Release Ceremony of China's 500 Most Valuable Brands’ was held in Beijing, organised by the World Brand Lab. Demonstrating its industry leadership, Doublestar achieved an impressive brand valuation of CNY 116.208 billion (approximately USD 16.21 billion), securing the 93rd position overall and maintaining its position as the highest-ranked Chinese tyre brand for yet another year.

This recognition underscores Doublestar's strong market presence and consumer trust, built on decades of innovation and quality craftsmanship. Moving forward, the company has committed to strengthening its brand influence through continuous technological advancement and sustainable development. By focusing on research and production of safer, smarter and more environmentally friendly tyre solutions, Doublestar aims to not only meet evolving market demands but also drive the high-quality growth of China's tyre industry.

Continental Receives ISCC PLUS Certifications For All European Tyre Plants

Continental Receives ISCC PLUS Certifications For All European Tyre Plants

Continental Tires has achieved a major sustainability milestone with all its European tyre production facilities now certified under the International Sustainability and Carbon Certification (ISCC) PLUS standard. The certification extends to plants in Lousado (Portugal), Puchov (Slovakia), Korbach (Germany), Sarreguemines (France), Otrokovice (Czech Republic) and Timișoara (Romania), along with the supporting Industria Textil do Ave textile plant in Portugal. The company's Hefei facility in China has also earned this recognition, expanding Continental's sustainable manufacturing network globally.

The ISCC PLUS certification verifies Continental's compliance with rigorous traceability and documentation requirements for renewable and recycled materials used in tyre production. This system enables the company to track sustainable inputs throughout the manufacturing process using the mass balance approach, which allows gradual incorporation of eco-friendly materials while maintaining existing production systems. Continental is currently increasing its use of certified materials, including bio-based synthetic rubbers and circular-process carbon black, as part of its strategy to include over 40 percent sustainable materials in tyres by 2030.

As a globally recognised standard established in 2010, ISCC certification promotes climate-friendly, deforestation-free supply chains across multiple industries. It covers sustainable biomass, recycled materials and renewable resources, providing a framework for transparent, responsible sourcing. For Continental, this achievement represents both a validation of current sustainability efforts and a foundation for future innovations in eco-conscious tyre manufacturing. The company's growing network of certified facilities demonstrates its commitment to reducing environmental impact while maintaining product quality and performance standards across its global operations.

Jorge Almeida, head of Sustainability for Continental Tires, said, “The ISCC PLUS certification of all our European tyre plants is an important milestone and a strong signal for a more sustainable industry in Europe. But we're not stopping there. Our plants in other regions will follow step by step, like our Hefei plant, which is already certified. We have a strong ambition to make our tyre production more sustainable worldwide across our entire supply chain.”

Bandvulc Expands Wastemaster 5 Tyre Range

Bandvulc Expands Wastemaster 5 Tyre Range

Bandvulc has expanded its Wastemaster 5 tyre range with a new 315/70 size, enhancing options for urban waste collection and recycling vehicles. Originally launched in 2021, this robust tyre boasts a high load rating and is manufactured at ContiLifeCycle’s Ivybridge facility in Devon, which produces Bandvulc and ContiRe retread tyres.

The Wastemaster 5 incorporates ARMORBAND technology, featuring a reinforced rubber layer along the sidewall to resist scrubbing damage and prolong tyre life. Its advanced tread design includes wide zig-zag grooves for mud and water clearance, stone ejection features, stepped blocks and deep sipes for superior traction in tough conditions. This upgrade reinforces Bandvulc’s commitment to durability and performance in demanding waste management operations.

Eurogrip Tyres Opens Two New Chennai Retail Stores

Eurogrip Tyres Opens Two New Chennai Retail Stores

Eurogrip Tyres, India’s top 2 & 3-wheeler tyre brand under TVS Srichakra Ltd, today launched two exclusive retail stores in Chennai – at Selaiyur and Villivakkam. These outlets will stock a full range of two-wheeler tyres, tubes and biking accessories like helmets, alongside offering tyre care, puncture repair, fitment services and engine oil changes.

Catering to scooters, commuter bikes, performance bikes and superbikes, the stores provide diverse tyre patterns and sizes. They will also handle warranty claims for customers. The Selaiyur store is located at J C Group, Plot no 3, Agaram Main Road, Chennai - 600 073, while the Villivakkam outlet is at ST Enterprises, Old no 39E/New no 103, MTH Road, Chennai - 600 049. These expansions reinforce Eurogrip’s commitment to premium service and accessibility.

T K Ravi, COO, Eurogrip Tyres, said, “We are happy to reach out to more customers through our new branded retail stores. In a city that has a bustling two-wheeler vehicle population, there is a need to have more outlets to expand our network. Chennai is an important market for us, and we had opened our first branded retail store in Velachery last May. The response from customers and riders has been encouraging and we are happy to be launching 2 more stores in the city – this will help bolster our brand strength here. We plan to have more such signature stores in different cities to make our products and services easily accessible to customers.”