TATNEFT and the Government of the Republic of Kazakhstan signed an agreement on the principles of participation in the development of the mechanical engineering industry of the Republic of Kazakhstan.

The document was signed by Roman Sklyar, Deputy Prime Minister of the Republic of Kazakhstan, and Nail Maganov, General Director of PJSC TATNEFT, Andrey Lavrentyev, Chairman of the Board of Directors of JSC Allur Group of Companies and Directors of the companies participating in the joint venture TOO KamaTyresKZ.

The agreement contains measures of state support for the project to create a modern high-tech production of automobile tyres in the Republic of Kazakhstan, including co-financing of the project, the provision of tax preferences, as well as the implementation of a set of measures to protect the tyre products market in the Republic of Kazakhstan and support the domestic manufacturer, as well as a number of measures to protect the rights and interests of TATNEFT as a foreign investor.

The TATNEFT and Allur joint project implementation provides for the construction of one and the only factory in Kazakhstan for the production of passenger car, light truck and commercial vehicle tyres with a capacity of 3 million passenger and light truck tyres and 500 thousand commercial vehicle tyres per year. Taking into account related industries the start of production in 2022 will create more than 1,150 jobs.

The car tyres will be sent to the primary assembly of cars produced in Kazakhstan, the secondary market, as well as for exporting to neighbouring countries.

The document was signed in the elaboration of the Agreement of Intent on the implementation of a project for the production of automobile tyres within the territory of the Republic of Kazakhstan, which was earlier concluded between PJSC TATNEFT and JSC Allur Group of Companies, as well as an investment agreement between TATNEFT, Allur Group of Companies and Akimat of Karaganda region of the Republic of Kazakhstan.

Nail Maganov, General Director of PJSC TATNEFT, “Our joint project to create a tyre production in Kazakhstan is successfully developing.  A huge amount of work has been done Since signing the Investment Agreement in September this year: the engineering design work is underway, tenders for the main technological equipment are being arranged. We are planning to go to the construction site in the spring.

We have signed an agreement today aimed at creating a favourable investment climate and protecting the rights and interests of investors in the Republic of Kazakhstan. I am sure that this agreement will become an incentive for further large-scale strategic partnership in other areas, including the involvement the development of high-viscosity oil fields, using equipment, materials and technologies developed in Tatarstan.

A common understanding of the developing industrial cooperation between Kazakhstan and Tatarstan importance is the key to the success of our cooperation and allows us to solve the most diverse and complex tasks at the highest technological and organizational level".

Apollo Tyres Ltd has secured a one-season shirt-sleeve sponsorship agreement with AS Monaco, one of French football's most successful clubs, to increase awareness for its premium Vredestein brand.

This partnership will leverage Ligue 1's ranking as the fifth most watched football league in the world to raise awareness of Vredestein's award-winning products among a large audience in France and abroad. On November 22, AS Monaco's home league game against Brest will have the new sleeve branding for the first time. The Vredestein brand will be heavily promoted at Stade Louis-II for the 2024–2025 season, including on player sleeves and LED screens around the field. Exclusive social media initiatives will further help make the brand prominent, reaching a large and interested audience.

Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “This partnership is an exciting opportunity to strengthen Vredestein’s presence in one of our key markets. AS Monaco’s rich history and commitment to excellence mirror our focus on performance and innovation. We look forward to building a successful relationship with the club and celebrating its achievements this season.”

Thibaut Chatelard, Marketing and Revenue Director, AS Monaco, said: “We are delighted to welcome Apollo Tyres and its Vredestein brand to the family of AS Monaco partners. This collaboration makes sense in view of the values we share, such as the constant pursuit of performance and excellence. There’s no doubt that this new support will be precious for the rest of our season, which promises to be thrilling.”

Nexen Tire, a leading global tyre manufacturer, has launched the Nexen N´Blue S tyre, adding to its range of summer tyres and providing drivers with advanced safety, energy efficiency and superior driving stability in wet and dry conditions.

Developed using highly dispersed silica and equipped with an optimised structural design, the Nexen N´Blue S tyre provides reduced road noise and improved driving stability. The tyre features an innovative tread compound, formulated with hydrophilic fillers and microstructure-controlled polymers, and provides lower rolling resistance and exceptional dry and wet grip. The tyre also excelled in test results by demonstrating an 11 percent improvement in wet braking distance compared to its predecessor.

Apart from providing excellent performance, the Nexen  N´Blue S also scores high on the sustainability index. The tyre provides an eco-friendly solution for environmentally conscious drivers by minimising fuel consumption and CO2 emissions. The Nexen N´Blue S summer tyre is available in 58 sizes, which makes it compatible with different types of vehicles.

Kumho Tire Vietnam Co., Ltd. is all set to expand its investment project in Binh Duong province of Vietnam, with the phase 3 of expansion commencing in early 2025. This was discussed at a recent meeting between Vo Van Minh, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee (PPC), and Kim Hyun Ho, General Director of Kumho Tire Vietnam Co., Ltd.

The meeting was held on 13 November at the Administrative Centre of Binh Duong province, as per an official statement. Apart from the company’s investment till date and the planned investment for phase 3, the two also discussed about the challenges and obstacles regarding procedures and processes to have more land funds to expand the manufacturing plant, along with taking measures to tackle the obstacles. Kim Hyun Ho also conveyed to the PPC Chairman that Kumho Tire Vietnam Co., Ltd. belongs to South Korea's Kumho Tire Group and is currently ranked 10th in the car tyre manufacturing industry.

The company had invested in a tyre manufacturing plant in My Phuoc 3 Industrial Park in 2007 with a total initial investment of USD 308 million, which was supplemented by another USD 300 million in 2021. This extended the factory scale to six hectares and increased the production capacity to 12.5 million tyres annually. With the expansion in early 2025, the company will raise its total investment to USD 908 million and increase the factory's production capacity to 17 million tyres annually. The expanded capacity is expected to be operational by early 2026.

Yokohama-ATG, a leading manufacturer of all-terrain and off-the-road tyres, has expanded its Galaxy MFS 101 SDS range of forklift tyres with the launch of white, non-marking tyres.

The Galaxy MFS 101 SDS range consists of puncture-proof SDS tyres with extended wear limits designed for high-intensity working shifts and long durability. These are premium, solid rubber tyres developed for tough demands, a long service life and high driving comfort. The addition of white, non-marking tyres is specifically aimed at clean working environments.

Marked by a 3-stage construction process, the forklift tyres feature reduced heat build-up, effective shock absorption and minimised vibrations. The pattern design guarantees a smooth ride and good steerability thanks to its continuous centre lug and circumferential grooves. Furthermore, the flat walls and wide flat profile offer excellent stability when using a forklift for vertical stacking. The tyres are also equipped with anti-slip steel beads for improved rim fitment

In a case study on a CAT 2.5-tonne forklift that was used for handling heavy pallets on asphalt, the Galaxy MFS 101 SDS outshone the competitors with impressive performance. The tyre delivered an approximate 900 working hours before replacement against competitors’ 500 working hours.