KraussMaffei Hosts Successful TechCenter Days 2025 Customer Event
- By TT News
- April 28, 2025
KraussMaffei has concluded its three-day TechCenter Days 2025 event, drawing approximately 350 international customers to its headquarters in Parsdorf.
The customer event, held from March 31 to April 2 under the motto “Innovation meets technology,” featured expert presentations, plant tours, and demonstrations of injection moulding technologies, automation systems, and additive manufacturing solutions.
Visitors experienced 15 technology exhibits showcasing innovations in sustainable manufacturing, including the company’s ColorForm, FiberForm, and SilcoSet technologies, alongside the newly introduced LRXplus robot and large-format PowerPoint 3D printer.
“We took a lot of positive ideas with us and are looking forward to collaborative projects. The event was perfectly organised, and the catering was fantastic; we will be happy to come back,” said Stefan Meßner, Head of Strategic Procurement at GIWA GmbH.
Fernando Moniz, Advanced Engineering Director at GLN Advanced Solutions S.A., added: “On behalf of GLN, I would like to thank you all for the wonderful TechCenter Days at your premises. The TechCenter Days exceeded my expectations, and my only regret is that the time flew by.”
Company officials reported particularly positive feedback from returning international customers, who noted significant improvements compared to previous editions of the event.
Citira Expands In Southern Sweden With A&P Gustavsson Däck Acquisition
- By TT News
- May 07, 2026
Citira has announced the acquisition of A&P Gustavsson Däck i Småland, a well-established tyre shop in Tingsryd, Småland. This transaction adds a key service point in the region and significantly strengthens Citira’s presence across southern Sweden.
Founded in 1985, A&P Gustavsson Däck has built a lasting reputation over four decades through high-level service for both heavy vehicles and passenger cars. Anders Gustavsson, who joined the business in 1985, became Shop Manager in 1995 and took full ownership in 2008, shaping the shop into a trusted local institution. His deep community ties have made the business a valued presence beyond just tyre services. Following the transaction, Anders will become a co-owner of Citira.
Linus Engberg, an employee since 2013, will assume the role of Shop Manager after the deal closes, ensuring continuity in daily operations and service standards. The shop will remain at the same premises with the same team, now backed by Citira’s resources and network to support further growth.
David Boman, CEO, Citira, said, "We are very pleased to welcome Anders, Linus and the team to Citira. The tyre shop has an impressive history and a genuinely strong local presence. That kind of trust, built over many years, is exactly what we look for when growing our network. We look forward to supporting the continued development of the business in Tingsryd and the surrounding region.”
Gustavsson said, "Joining Citira is the right next step for the business. It has been a privilege to serve this community for so many years, and I am confident that with Linus leading the team and with Citira's backing, the tyre shop will continue to thrive and deliver the service our customers deserve.”
TRF Announces Finalists For Inaugural Circle Of Change Awards
- By TT News
- May 07, 2026
The Tire Recycling Foundation (TRF) has officially announced the finalists for its first-ever Circle of Change Awards, a national programme designed to honour individuals, organisations and teams advancing tyre recycling and circular economy leadership. The winners are scheduled to be revealed on 14 May 2026, during the Tire Recycling Conference Awards Luncheon in Denver, Colorado. This year’s conference carries the theme ‘Tread Boldly: Advancing Tire Recycling Through Collective Innovation’.
The pool of finalists spans state-led programmes that have developed scalable and self-sustaining markets for recycled tyres, as well as engineering breakthroughs integrating tyre-derived materials into roads, stormwater systems and urban redevelopment projects. Collectively, these nine initiatives illustrate the expanding innovation and rising demand for tire-derived products across United States.
The awards are structured into four distinct categories, each addressing a critical component of tyre circularity. These include tyre recycling processes, the design and manufacturing of recycled materials, market development for those materials and the complete end-of-life tyre value chain. Together, the finalist projects underscore the creativity and positive momentum shaping the domestic recycled tyre industry.
In the Circular Economy Trailblazer Award category, Colorado and North Carolina were recognised. Colorado has utilised a waste tyre rebate programme and market-development grants to reduce stockpiles and illegal dumping while boosting demand for tyre-derived fuel and moulded products. North Carolina implemented a legislative model that stabilises upstream recycling reimbursements for counties and expands incentives for rubber-modified asphalt applications.
The Innovation in End-Use Technology Award features three honourees. Bolten & Menk constructed a stormwater best management practice system using 210,000 recycled tyres for the city of Woodbury, Minnesota. LHB Engineering and the St. Paul Port Authority applied 30,000 cubic yards of tyre-derived aggregate in underground stormwater retention to redevelop the former Midway Stadium brownfield site. Liberty Tire Recycling, partnering with Atlanta DOT, the University of Georgia, and The Ray, launched an asphalt heat-island pilot to improve pavement durability and study climate and equity benefits in an urban corridor.
For Market Development Excellence, the Alabama Department of Conservation and Natural Resources leveraged rubber-modified asphalt to resurface park roads and parking areas, creating consistent material demand. A Michigan multi-partner effort led by EGLE has scaled recycled tyre applications from pilot projects to hundreds of lane-miles through advanced specifications and coordinated research.
The Value Chain Collaboration Award recognised Bolder Industries and Pirelli Tire LLC for a traceable closed-loop system converting scrap tyres into certified recovered carbon black for new tyre production, alongside Phibro rCB for restarting an idle pyrolysis facility and qualifying recycled materials for tyre manufacturing. An independent panel of industry experts scores all entries based on innovation, measurable impact, scalability and category alignment, with honouree mentions possible at the judges’ discretion.
Stephanie Mull, Executive Director, Tire Recycling Foundation, said, “At the heart of tyre recycling is a simple but powerful challenge: reframe waste from an endpoint into a catalyst for societal value. This year’s nominees show how far we’ve come in turning end‑of‑life tyres into valuable materials that strengthen infrastructure, support communities and protect the environment and remind us that important work still lies ahead.”
Dick Gust, President, Tire Recycling Foundation Board, said, "The Circle of Change Awards recognise bold action and innovation. We honour the innovators, state leaders and collaborators demonstrating that tyre recycling unlocks real solutions and transformation. Each finalist exemplifies what’s possible when visionary action aligns with smart policy and sustained commitment.”
Austone Meijie UHP Tyre Shines At Prinx Chengshan Charity Event
- By TT News
- May 07, 2026
Prinx Chengshan has introduced its latest ultra-high-performance tyre, the Austone Meijie, through a charity test-drive event held in Kunming on 26 and 27 April. Centred on the theme ‘Cherish Every Moment with Love’, the initiative brought together dealers and store representatives to blend cutting-edge tyre technology with social responsibility. The new tyre was highlighted throughout as the group embarked on a mountainous journey focused on rural education support.
The charity effort targeted left-behind children, addressing both educational and daily needs as part of Prinx Chengshan’s broader corporate social responsibility commitments. Volunteers travelled to Jibi Primary School in Zhongshu Town, Luxi County, where 80 percent of students are boarders and nearly half of all families come from poverty-registered or low-income households. The convoy delivered stationery kits, sports equipment and backpacks to fill resource gaps at the campus.
Beyond material aid, the event fostered personal connections and emotional warmth, with the Austone brand philosophy of cherishing every moment put into practice. The new tyre played a key role in safeguarding the journey across city streets, highways and winding mountain roads. Participants gained direct experience of the Austone Meijie’s handling, durability and comfort throughout the convoy’s travels.
Professional test-drive sessions at Kunming Yujia Auto & Motor Sports Park further demonstrated the new tyre’s capabilities. In dry braking tests, the Austone Meijie delivered confident control and immediate response. The tyre’s high-grip tread compound and wide longitudinal grooves tackled wet surfaces by ensuring stable lane changes even through standing water. The new tyre provided unwavering lateral support and precise steering throughout the journey.
Goodyear Reports First-Quarter Loss Amid Weak Tyre Demand and Higher Costs
- By TT News
- May 07, 2026
The Goodyear Tire & Rubber Company reported a net loss of USD 249 million for the first quarter of 2026, as weaker consumer demand and higher raw material costs weighed on performance across key markets.
The US tyre manufacturer posted net sales of USD 3.9 billion for the quarter, down from USD 4.3 billion a year earlier, while tyre unit volumes fell to 34 million from 38.5 million.
Goodyear reported a loss of USD 0.86 per share, compared with net income of USD 115 million, or USD 0.40 per share, in the same period last year. Adjusted net loss widened to USD 112 million from USD 11 million a year earlier.
“The first quarter reflected a challenging environment, marked by weak consumer industry demand in both OE and replacement across the majority of our key geographies,” said Mark Stewart, Chief Executive and President of Goodyear.
“Despite a weak environment, our first quarter results were in line with our expectations and reflect our commitment to drive value for our brands in the marketplace, where we offer world-class differentiated products and services.”
Stewart said rising raw material costs linked to the conflict in the Middle East and continued pressure on industry demand would require further action to strengthen the company’s cost structure.
Segment operating income fell to USD 95 million from USD 195 million a year earlier. The decline reflected lower volumes and inflationary pressures, partly offset by benefits from the company’s Goodyear Forward restructuring programme, favourable price and raw material mix, and a tariff-related adjustment.
The Americas business reported first-quarter sales of USD 2.1 billion, down 17.5 percent from the previous year. Replacement tyre volumes declined 23.2 percent amid weak market conditions in North America, increased promotional activity and the planned rationalisation of lower-tier products.
Segment operating income in the Americas fell to USD 37 million from USD 155 million a year earlier.
In Europe, the Middle East and Africa, net sales rose 6.7 percent to USD 1.4 billion, supported by currency movements and price mix, despite lower tyre volumes and the sale of the Dunlop brand. Segment operating income improved to USD 1 million from a loss of USD 5 million in the prior year.
Asia Pacific reported sales of USD 455 million, down 4 percent from a year earlier due to weaker original equipment demand in China. However, segment operating income rose to USD 57 million from USD 45 million, supported by pricing and restructuring benefits.
Goodyear said its Goodyear Forward transformation programme delivered USD 107 million in benefits during the quarter.
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