Dec 20, 2022
Continental Tire the Americas is planning to open a retread process development and training center in North America in 2023 as part of its efforts to expand its ContiLifeCycle retread business. The new center is set to open in the second quarter of the year at a location that has not yet been disclosed. This move aligns with Continental's "Vision 2030" corporate strategy, which aims to differentiate the company through customer-centric alignment, sustainability goals, and digital tire-monitoring solutions.
Retreading is a key part of Continental's all-around tire management solution, Conti360° Solutions, which covers the complete commercial tire life cycle for fleets. In addition to cost savings, retreading offers environmental benefits, as it uses up to 15 gallons less oil per tire compared to a new one. Over the past five years, Continental's retreading network in North America has reprocessed nearly 11 million pounds of rubber into products such as tracks, roads, playgrounds, and athletic fields. Continental's truck tires can be retreaded up to three times, providing multiple life cycles with a quality casing.
ContiLifeCycle, Continental's retreading business, was launched in the Americas in 2011. As of the last report, the company's network of CLC-licensed retread plants included 21 in the US, with six operated by BestDrive, and 18 in Canada. Retreading helps fleets save money in the long term as good quality tires can be retreaded multiple times. It is also an environmentally friendly option, as each truck tire retread only creates 1.7 pounds of buffing dust during the process.
In addition to cost and environmental benefits, retreading supports Continental's "Vision 2030" corporate strategy by aligning with customer needs and promoting sustainability. The new retread process development and training center will provide a space for the company to further enhance its retreading capabilities and provide training to retreaders in the network. By expanding its ContiLifeCycle retread business, Continental Tire the Americas is working towards its goal of being a leader in the tire industry.
It is worth noting that retreading is not only beneficial for Continental and its customers, but it also plays a significant role in reducing waste in the tire industry. According to the U.S. Tire Manufacturers Association, the tire industry generates about 290 million scrap tires each year. While the majority of these tires are recycled or used for energy recovery, a portion of them end up in landfills. Retreading helps to extend the life of tires and reduce the number of tires that are sent to landfills.
In summary, Continental Tire the Americas is planning to open a retread process development and training center in North America in 2023 as part of its efforts to expand its ContiLifeCycle retread business. This move aligns with the company's "Vision 2030" corporate strategy and supports its goal of being a leader in the tire industry. Retreading offers cost savings, environmental benefits, and helps to reduce waste in the tire industry. The new center will provide a space for the company to further enhance its retreading capabilities and provide training to retreaders in the network.