A vehicle equipped with its Advan racing tyres won the SP8T class at the 48th Nürburgring 24-Hour Endurance Race (ADAC TOTAL 24h-Rennen) held in Germany on September 26–27.

This year’s race was run mainly on a wet track amid rainy and foggy conditions but the victorious vehicle raced to victory safely without incidence as it was equipped with Yokohama "ADVAN A006” tyres when the course was wet and "ADVAN A005” for dry conditions.
Of the 97 machines that competed in this year’s Nürburgring 24-Hour Endurance Race, seven ran on Yokohama tyres, including four BMWs entered by Germany’s Walkenhorst Motorsport team. Walkenhorst’s No. 73 BMW M4 GT4 finished first among SP8T class entrants and 19th overall. The winning team’s drivers were three 19-20-year-olds from BMW’s junior team—Daniel Harper, Neil Verhagen, and Max Hesse. The team started the race in the pole position for the class after finishing at the top in its class in the qualifying round, but it temporarily slipped to fourth place before racing back into the lead three hours after the start and quickly raced out to a full lap lead over the second place car.

The race was halted for about 9.5 hours owing to the bad weather, but after it resumed Walkenhorst’s No. 73 BMW M4 GT4 never relinquished its lead. Meanwhile, Walkenhorst Motorsport’s No. 101 BMW M6 GT3, which held the top ranking in the NLS (Nürburgring Endurance Series) and was considered a contender for the championship in the 24-Hour race, finished 12th in its class and 12th overall despite trouble which forced the team to make a lengthy pit stop. KONDO RACING, which finished 9th overall and 8th in the SP9 class in its first Nürburgring 24-Hour challenge in 2019, did not participate this year owing to concerns about the spread of COVID-19.

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.