New owners to relaunch Birla Tyres by 2025
One of the owners of Birla Tyres says that the Indian tyre maker will soon make a market comeback with a new range of products. Anurag Choudhary, chief managing director and chief executive officer of Himadri Specialty Chemical Ltd, told the Times of India that Birla Tyres will relaunch by 2025 and offer a product portfolio that includes OTR tyres as well as both cross-ply and radial products.
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Continental secures additional warehouse space for Romania tyre plant
Continental has taken possession of an additional 20,000 square metres of warehouse space for tyre storage near its Timisoara factory in Romania. The warehouse facility is located in the VGP Park Timisoara and has a total area of almost 32,800 square metres.
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Future President – TIA appoints Gary MacCausland as Secretary
During its recent mid-year Board Meeting, the Tire Industry Association (TIA) elected Board member Gary MacCausland to its Executive Committee. The US-based industry body voted in MacCausland of VIP Tires & Service, who has served on the TIA Board for two years, as Secretary.
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ZC Rubber Indonesian factory production to start in October, Mexico groundbreaking in August
At the dealer conference held on 10 July, ZC Rubber Chairman Shen Jinrong revealed the situation of two overseas factories in Indonesia and Mexico. He said that the Indonesian factory will produce the first batch of products in October, and the Mexican factory will hold a groundbreaking ceremony at the end of August.
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Sentury’s first-half net profit almost doubles year-on-year
Sentury expects its profit in the first half of 2024 to be between 1 billion and 1.2 billion yuan. Sentury’s net profit increase is fantastic compared to last year’s period. The company’s net profit from January to June 2023 was 606 million yuan. Even if calculated at 1 billion yuan, Sentury’s net profit increased by nearly 65 per cent yearly. If calculated at 1.2 billion yuan, Sentury’s net profit almost doubled.
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Continental changes head of China
Tyrepress China learned that Continental adjusted its management in China in July. Tang Mingyou, sales director of its China company, replaced Veronique Giraud as general manager. Veronique Giraud became general manager of Continental France.
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Serbia factory helps Linglong increase net profit
Linglong expects that in the first half of 2024, after deducting non-recurring gains and losses, the net profit attributable to shareholders of the listed company will be 840 million to 990 million yuan. This figure has significantly increased compared with 499 million yuan in 2023.
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PCBL gains hybrid carbon black with graphene patent
India-based PCBL, which makes carbon black, has received a patent from the Indian Patent Office for its hybrid carbon black grade comprising graphene.
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Nexen Tire achieves Ecovadis Gold Medal amongst ESG achievements
On 1 July 2024, Nexen Tire published its 23/24 ESG Report including the detail that it recently earned a Gold Medal from EcoVadis, the global ESG rating agency. EcoVadis is the worlds largest ESG ratings platform used by more than 130,000 companies in 180 countries around the world.
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Sweden’s JJ’s Däck now a Colmec business
Colmec is further expanding its operations in Sweden through the acquisition of JJs Däck, a Falkenberg-based business that specialises in tyre sales, servicing, tyre changes, and tyre storage. With extensive experience and a high level of expertise among its staff, JJ’s Däck has firmly established itself as a trusted supplier, primarily serving private customers.
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BKT completes Bhuj mould facility
BKT confirms that it has completed work on a new tyre mould plant at its Bhuj site in Gujarat, India. The tyre maker states that, as planned, it invested a capital expenditure of Rs 3 billion (£27.7 million) into this project.
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Apollo Tyres harnessing IoT solution to lift productivity & save energy
Faced with limited insight into the performance of its tyre manufacturing equipment, Apollo Tyres recently sought an Internet of Things (IoT) solution that would digitalise and standardise its manufacturing processes. It approached Deloitte, who worked with the tyre maker to implement such a solution on Amazon Web Services (AWS), connecting production equipment to a data lake. The result was a 9% increase in productivity on primary equipment and 3% reduction in energy usage.
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As OTR tyre output begins, Aeolus emphasises business cooperation with Prometeon
Aeolus reports that its giant and OTR tyre expansion project has been completed, the civil engineering, equipment purchase, and installation have ended, and most of the equipment has been debugged and put into production. In other words, the company’s 80,000-OTR-tyre-a-year project has entered its final stage.
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CEAT Specialty Presents fifth ITOTY Awards in India
CEAT Specialty Tyres, in collaboration with Tractor Junction, presented the 5th edition of the Indian Tractor of the Year Awards (ITOTY) on 10 July 2024. Held at the prestigious TAJ Vivanta Dwarka in New Delhi, India, the event brought together OEMs, farmers, customers, influencers, media, and industry leaders to celebrate advancements and innovations in the tractor sector.
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Brakeparts manufacturer Otto Zimmermann GmbH focuses on sustainable production
Family business Otto Zimmermann GmbH produces brake components in Baden-Württemberg Germany. Now the company reports that it is increasingly focusing on sustainability. Sustainability was already a concern at Otto Zimmermann GmbH when the company relocated to Sinsheim in the early 1990s. The internationally renowned brand manufacturer relies on the advantages of production in Germany. In this way, the company also fulfils its own sustainability standards. When selecting its suppliers, the manufacturer pays attention to resource-saving solutions and the highest quality. In addition to fair and safe working conditions in production, one selection criterion for suppliers is proximity to the Sinsheim site in order to minimize transport routes.
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