Prometeon launches major global reorganisation

Milan – Prometeon Tyre Group (PTG), the former industrial tire unit of Pirelli & C. SpA, has launched a new organisation and commercial structure, in a bid to “strengthen its presence” in different markets.

The Italian company announced 13 Feb that the new structure is in line with “the strategic interest of its shareholders to continue the integration process with the Aeolus group”.

The ChemChia-owned Aeolus Group was poised to take over PTG following its separation from Pirelli last year.

However, the planned €215-million was terminated late last…

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