Bridgestone has appointed Jan-Maarten de Vries and Michiel Wesseling as CEO and COO of its Bridgestone Mobility Solutions (BMS) business unit.

Thomas Schmidt, the co-founder of Webfleet, will be leaving Bridgestone and his role as CEO and Managing Director of the BMS business unit at the end of this year.

Schmidt led Webfleet Solutions – formerly known as TomTom Telematics – to become Europe’s leading telematics business. In early 2019, the business was acquired by Bridgestone as a major milestone on its journey to become a leader in sustainable mobility. In the time since then, Schmidt has been instrumental in the successful integration of the two businesses and the creation and leadership of BMS, which is now responsible for Bridgestone’s growing digital mobility solutions business.

Schmidt will be leaving Bridgestone to pursue a new venture: sharing his experience and inspiration with young entrepreneurs and start-ups. In his place, Jan-Maarten de Vries, who joined Bridgestone in July as VP Data Solutions & Innovations, one of the four business lines within BMS, will become CEO of the business unit. Before joining Bridgestone, De Vries worked in global strategic and marketing leadership roles with WABCO, TomTom and Philips.

Joining De Vries is Michiel Wesseling, who will become BMS’s Chief Operating Officer – a newly-created role responsible for the operational aspects of the business including its supporting functions. Wesseling has spent the last 11 years of his career at Webfleet Solutions, of which more than eight were spent as VP Finance & Operations.

By appointing a strong team of complementary leaders to replace Thomas Schmidt, the company ensures business continuity as well as the reinforcement of the current strategy and the accelerated introduction of new concepts. These changes are effective 1 January 2021.

Commenting on this announcement was Bridgestone EMIA CEO Laurent Dartoux: “Thomas has had an incredible impact on not only Webfleet Solutions or Bridgestone, but mobility in general throughout his long career in our industry. He is a true pioneer, whose energy, network and expertise are unrivalled. He will be missed, but I know he will be of huge benefit to the young entrepreneurs out there. Jan-Maarten and Michiel are two experienced and driven leaders who represent a new era for Bridgestone Mobility Solutions in a very important time for digital mobility. Our pipeline of in-house talent has once again been put to excellent use.”

LANXESS, a specialty chemicals company, has successfully placed a six-year-tenor euro benchmark bond with a coupon of 0.0 percent in the European capital market.
The company, with about 14,800 employees in 33 countries, will use the funds to finance the planned acquisition of IFF, a US-based chemical company involved in microbial control.

The new bond is listed on the Luxembourg Stock Exchange in denominations of EUR 1,000.

Michael Pontzen, CFO, LANXESS, said, “We have secured the first step of financing already quickly after the announcement of the acquisition of IFF Microbial Control and are happy about the very receptive reaction of the capital market to our offering.” (TT)

Goodyear has launched its new RT-3B bead-to-bead tread in US and Canada in sizes 20.5R25 and 23.5R25 for off-the-road (OTR) tyres.

The new retread provides all-around performance for loaders and graders. Joining the existing lineup of premium off-the-road Goodyear tyres, the retread provides up to 60 percent savings compared to a new tyre.

Used extensively in gruelling OTR applications, retreading helps extend the life of tyres while delivering high traction and minimal tread wear. Additionally, retreading promotes sustainability by reducing unnecessary waste.

The new Goodyear RT-3B is cured in a mould and press method to generate low heat through long hours of usage via its 115-level tread depth. Strongly cut-resistant in nature, the centerline lugs and open shoulder provides optimal traction.

Loic Ravasio, General Manager, Global and Americas OTR, Goodyear, said, “We are always focused on delivering high value and low cost of ownership to our OTR customers. The RT-3B is a substantial addition to our retread portfolio providing another great option for operators to help drive efficiency, reduce costs and protect the environment.” (TT)

Anshuman Singhania, Dy. Managing Director of JK Tyre, has been appointed managing director of the company, effective October 21,2020.

Anshuman Singhania joined the Company as an Executive and over the years has been deeply involved in various activities of the Company in different positions, said the company.

Singhania is also Vice Chairman of ATMA

He is a graduate from Oxford Brookes University, UK and an alumnus of London Business School. As a young leader, he started his career from the shop floor as an apprentice and has held several positions in Planning, Production, Product Development, Quality Control, Stores & Purchase, Finance as well as Sales & Marketing. Being a techno-savvy person, he has played a key role in implementing the latest technologies in the manufacturing process at JK Tyre.

Yokohama Off-Highway Tires recently held the groundbreaking and foundation stone unveiling ceremony of its new plant at Atchutapuram, Visakhapatnam - Andhra Pradesh, India.

In the online event, Masataka Yamaishi , President & Chairman of the Board, Yokohama Rubber Co., Ltd broke the ground to commence construction work.

Yamaishi San unveiled the Foundation Stone virtually in the presence of Atao Kishi San: Chairman - ATC Tires Pvt. Ltd. and Managing Officer - The Yokohama Rubber Co., Ltd., Nitin Mantri – CEO and Anil Gupta – COO and the leadership team at Yokohama Off-Highway Tires.

The new plant will have a daily production capacity of 55 tons (rubber weight), with planned capital investment totalling US$165 million. The plant, which will be the company’s third plant in India, will manufacture its three brands ALLIANCE, GALAXY and PRIMEX brand tyres.

 Yokohama Off-Highway Tires currently has two tyre plants in India—the Dahej Plant in Gujarat and the Tirunelveli Plant in Tamil Nadu.