Conti tyre cord plant turns 125
It’s as old as the pneumatic tyre itself – this year, Continental Tire the Americas’ Aldora Mills tyre cord plant in Barnesville, Georgia celebrates 125 years in operation. The facility began life as a cotton mill in 1888 and began producing tyre cord around 1920. Today the 82,500 square metre plant produces around 16 thousand tonnes of tyre cord fabric a year for use in the manufacture of passenger car and light commercial vehicle tyres.
Continue ReadingDespite rising power costs, Michelin investing in German factory
It invested 20 million euros there in 2012, and Michelin will continue investing in its Bad Kreuznach plant in Germany to improve its responsiveness to market demands. Plant manager Cyrille Beau told local newspaper the Rhein-Zeitung that the continued investment would cover several projects, including the conversion of a production line to 18-inch tyres. As of next year it will solely produce tyres in this rim diameter.
Continue ReadingCheng Shin the latest to announce Indonesia factory plan
In order to increase its ASEAN region presence, Taiwan’s Cheng Shin Rubber will invest NT$2.36 billion (£49.7 million) to build a plant in Indonesia. A filing to the Taiwan Stock Exchange states that the company’s board approved plans for the factory on 15 October.
Continue Reading![Yokohama honoured with Chinese CSR award](https://www.tyrepress.com/wp-content/uploads/2013/10/newspic-beautiful-china.jpg)
Yokohama honoured with Chinese CSR award
The holding company for Yokohama Rubber’s Chinese operations, Yokohama Rubber (China) Co., Ltd., reports receiving a ‘Most Excellent Company Image Award’ at the ‘2013 Beautiful China’ awards ceremony held in Beijing late last month.
Continue ReadingPositive signs of NR demand returning – ANRPC
Natural rubber production in the region represented by the Association of Natural Rubber Producing Countries - Cambodia, China, India, Indonesia, Malaysia, Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand and Vietnam – is expected to rise 3.0 per cent this year to 10.645 million tonnes.
Continue ReadingSri Lanka to grow rubber sector
During the Association of Natural Rubber Producing Countries (ANRPC) Annual Rubber Conference, held in Colombo on 8 October, the secretary to Sri Lanka’s Ministry of Plantation Industries stated that the country intends to significantly expand its rubber sector over the coming decade.
Continue Reading![Germany’s Top Service Team to lose 100+ outlets](https://www.tyrepress.com/wp-content/uploads/2013/10/newspic-Top_Service_Team_Logo.jpg)
Germany’s Top Service Team to lose 100+ outlets
German retail cooperative Top Service Team is set to lose around a third of its outlets at the end of this year. An industry contact shared with our sister publication Neue Reifenzeitung that two of Top Service Team’s current 17 members, tyre retail and service chains RTC Reifen und Auto-Service and Reifen Helm, are leaving due to reasons linked to “conflicting strategic orientation” and “cost-benefit ratio”.
Continue ReadingMichelin expands US fleet services
The ONCall emergency road service offered by Michelin Americas Truck Tires has is to be expanded with the January 2014 launch of ONCall 2.0. This extended service will feature mechanical and towing in addition to tyre services. ONCall 2.0 will also include ‘Livetrack’ real-time breakdown monitoring and ‘Fixpix’ tyre event pictures.
Continue Reading![Bridgestone campaign supports Dreamworks animation](https://www.tyrepress.com/wp-content/uploads/2013/10/TURBO-Badge-fixed.jpg)
Bridgestone campaign supports Dreamworks animation
Bridgestone Americas Tire Operations has announced a promotional alliance with film production company DreamWorks Animation, supporting its latest 3D comedy, ‘Turbo’. The promotions will give Firestone customers an early opportunity to engage with the film, which features an ordinary garden snail who dreams of competing in the Indy 500. In Europe, where the movie has been screened in cinemas as of this month, Firestone has linked events with trade sell-in promotions and consumer sell-out incentives in several countries, including Spain, Denmark and eastern European markets.
Continue ReadingExtra capacity for Bridgestone US plant
Bridgestone Americas has increased daily production at its WarrenCounty truck tyre factory in Tennessee by 900 tyres. Thanks to a US$36.6 million expansion programme, the plant now produces 9,000 medium truck radials per day. Some 45 new jobs were created with the expansion.
Continue ReadingCooper uncertainty good for Apollo share price
Are investors experiencing a case of schadenfreude towards the latest Apollo/Cooper developments? The Apollo Tyres share price took a nose dive following the announcement of plans to acquire Cooper Tire & Rubber, falling from a 52-week high of Rs 101.5 on 8 May to a 52-week low of Rs 54.6 on 21 June. Now, buoyed by speculation that the deal may fall apart, the Apollo share price looks set to rise.
Continue ReadingGoodyear a Thomson Reuters Top 100 Global Innovator
The Goodyear Tire & Rubber Company has been named a Thomson Reuters 2013 Top 100 Global Innovator for the third successive year. “This recognition is further evidence of Goodyear’s ability to drive innovation,” stated chairman and chief executive officer Richard J Kramer. One of the world’s oldest tyre manufacturers, Goodyear has a lengthy history of innovations, including the first all-season radial tyre and environmentally friendly concepts like the use of soybean oil and BioIsoprene in tyres.
Continue Reading![Kumho continues Lakers basketball sponsorship](https://www.tyrepress.com/wp-content/uploads/2013/10/newspic-Lakers-Image.jpg)
Kumho continues Lakers basketball sponsorship
The relationship between Kumho Tire and the Los Angeles Lakers basketball team will continue for a fourth consecutive year. Kumho Tire USA has renewed its status as “Official Tire of the Los Angeles Lakers” for the 2013-2014 season; as such, it will be represented at home games on signage and will enjoy increased visibility on the Lakers.com website, which it claims is the “NBA’s most visited team site.”
Continue Reading![Apollo opens first Sri Lanka retail outlet](https://www.tyrepress.com/wp-content/uploads/2013/10/newspic-apollo-sri-lanka.jpg)
Apollo opens first Sri Lanka retail outlet
Sri Lanka is one of Apollo Tyres’ fastest growing export markets – the company says sales there have increased more than 50 per cent year-on-year since the brand’s introduction into Sri Lanka in June 2011. The Indian tyre maker has now opened its first branded retail outlet within the country.
Continue ReadingA European plant for Nexen?
A news release from Bulgaria’s Ministry of Economy and Energy suggests that Nexen Tire intends to become the second Korean tyre maker with a manufacturing presence in the European Union. The Ministry reported that a meeting with a leading tyre maker took place during a visit to South Korea by Bulgaria’s Deputy Minister of Economy and Energy Krasin Dimitrov.
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