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THE SATREADS ARCHIVE

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Tyre industry intelligence, market reporting, and editorial analysis — curated for Southern African professionals.

Enviro receives massive pyrolysis oil order from subsidiary of a leading US oil company

Enviro receives massive pyrolysis oil order from subsidiary of a leading US oil company

Scandinavian Enviro Systems has received a recovered pyrolysis oil order worth MSEK 2 from the subsidiary of a leading US oil company. The oil will be used for production tests at a European oil refinery owned by the oil company. Completion of the transaction is conditional upon Enviro’s recovered oil gaining a registration in accordance with […]

Nokian Tyres Record high sales with improved profit

Nokian Tyres Record high sales with improved profit

Nokian Tyres have released their latest financial statement for 2021. October–December 2021 Net sales were EUR 512.6 million (413.4 in October−December 2020) and grew by 24.0%. With comparable currencies, net sales increased by 18.4%. Segments operating profit was EUR 88.0 million (80.1). Operating profit was EUR 53.0 million (71.4). EUR -35.0 million (-8.7) was booked […]

Goodyear ANNOUNCES NEW CLIMATE AMBITION, COMMITS TO SCIENCE-BASED TARGETS

Goodyear ANNOUNCES NEW CLIMATE AMBITION, COMMITS TO SCIENCE-BASED TARGETS

– Committed to achieving net-zero greenhouse gas emissions by 2050 and 2030 emission reduction targets based on SBTi standards – TCFD-aligned disclosures planned for 2022 The Goodyear Tire & Rubber Company recently announced its goal to reach net-zero value chain greenhouse gas (GHG) emissions by 2050, aligned with the Science Based Targets initiative (SBTi) and its new […]

Continental Presents Best Goalkeeper Award at TotalEnergies Africa Cup of Nations 2021

Continental Presents Best Goalkeeper Award at TotalEnergies Africa Cup of Nations 2021

Edouard Mendy receives Best Goalkeeper Award for Total Energies Africa Cup of Nations 2021 from Official Sponsor ContinentalBest Goalkeeper Award reflects Continental’s safety values as a pioneer in road safety spanning 150 years, and the VisionZero initiative which aims for zero fatalities, zero injuries and zero crashes Continental handed over the Best Goalkeeper Award for […]

Kicks Off 150th Anniversary Celebrations

Kicks Off 150th Anniversary Celebrations

Pirelli recently celebrated 150 years in business and is reaffirming its commitment to growth during a series of events that will take place this year. It started with a countdown that began in Rio De Janeiro, Brazil and continued in other key markets for Pirelli – including Shanghai and New York City – and ended in […]

Race against climate change: Nokian Tyres launches a sustainability innovation challenge

Race against climate change: Nokian Tyres launches a sustainability innovation challenge

Nokian Tyres is launching an innovation challenge to recreate the future of driving. The FAST RACE, BIG CHANGE challenge is an open competition inviting startups, businesses, students and academics to innovate for more sustainable tires. The finalists will be offered the unique opportunity to pitch their idea at Nokian Tyres’ legendary tire testing center White Hell […]

Goodyear develops 70% Sustainable-Material Tyre with Industry leading innovations

Goodyear develops 70% Sustainable-Material Tyre with Industry leading innovations

The company has made significant progress toward its goal of a 100% sustainable-material tire by 2030. The Goodyear Tire & Rubber Company has announced the release of a demonstration tyre with 70% sustainable-material content, including industry-leading innovations. “We set an ambitious goal in 2020 to create a tyre made 100% from sustainable materials in 10 […]

Sailun Group Celebrates Grand Opening of Cambodia Factory

Sailun Group Celebrates Grand Opening of Cambodia Factory

The Sailun Group has announced the grand opening of its new state-of-the-art tire production facility in Cambodia. This new factory officially opened its doors on Nov. 18 and has since started production to primarily supply additional passenger and light truck (PLT) tire products to the North American market and select European regions, the Sailun Group says. […]

Apollo Tyres ensures green power for its Chennai facility

Apollo Tyres ensures green power for its Chennai facility

Taking forward its long-term commitment to Sustainability, which is also one of the key pillars of the company’s 5-year vision, the leading tyre maker, Apollo Tyres Ltd has ensured green power for its largest manufacturing facility in Chennai, in the southern part of the country. This will increase the share of renewable energy to more […]

Apollo Tyres deploys EVs for last mile deliveries

Apollo Tyres deploys EVs for last mile deliveries

Being the leaders in the Indian market, Apollo Tyres, has taken the first step towards reducing its carbon footprint across its value chain. The company has kicked-off a pilot initiative by deploying Electric Vehicles (EVs) for the delivery of tyres from its regional distribution centre (RDC) to multiple Business Partners in Bengaluru, in the southern […]

THE TIRE COLOGNE 2022 is good to go

THE TIRE COLOGNE 2022 is good to go

Michelin among confirmed participants THE TIRE COLOGNE 2022 is ready for its successful restart: the industry’s leading international event will provide crucial stimulus for the sector, as Koelnmesse, the organiser of THE TIRE COLOGNE, and the German Tyre Retail and Vulcanisation Trade Association (BRV), the event’s conceptual sponsor, emphasised at a digital press conference attended […]

Nokian Tyres introduces concept tyre made with 93% of recycled or renewable materials

Nokian Tyres introduces concept tyre made with 93% of recycled or renewable materials

For decades, Nokian Tyres claims the company has been striving to make the world a safer place. The company has reached yet another milestone, as it introduces its most sustainable tyre yet. The Nokian Tyres Green Step concept tyre is being described as a masterpiece of sustainable innovation with its ambitious design consisting of 93% […]