Evonik investing in silane research centre
Some six weeks after inaugurating its new tyre applied technology research building, Evonik Industries has broken ground on a new research centre at its site in Rheinfelden, Germany. The company says it is investing a “double-digit million euro” figure in the new four-storey facility, which as of early 2016 will be used for research into silanes for tyre industry and other applications. Application engineering, analytics, and quality management functions will also be located in the new centre in future.
Continue ReadingMitas to expand Serbia tyre factory
Mitas has announced plans to invest the expansion of its Ruma, Serbia factory. In the first part of the planned upgrades, Mitas will build a new logistics centre. According to the company, this will help satisfy the rising demand from South European, East European and Middle East markets. In practice this means Mitas will soon also prepare an upgrade of Rumas production capacities for radial agricultural and forestry tyres. Mitas’ Serbian factory now produces both bias and radial agricultural tyres. The investment will be completed in mid-2016, at which point the Ruma plant will have a capacity of 35,000 tonnes a year.
Continue ReadingMaxam distributor Propneu wins dealer award
Czech company Propneu S.r.o. was awarded the Maxam European dealer trophy for 2013 at the recent Expo Mokra exhibition, held near Brno in the Czech Republic. Established in 2003, Propneu has been the exclusive distributor for Maxam tyres in the Czech and Slovak republics for six years and they have built up their business to become the market leaders in the supply and servicing of OTR tyres and tyres for construction equipment in this area.
Continue ReadingFire at Bridgestone Americas factory
A fire at the Bridgestone Americas plant in Wilson, North Carolina, USA. According to news reports emanating from US trade magazine Tire Review, the fire forced the evacuation of hundreds of employees on Saturday 28 June 2014.
Continue ReadingFurther details on Goodyear’s Americas investments
At the end of May, Goodyear Tire & Rubber shared details of its plans to increase its consumer tyre capacity in the Americas by 12 million units a year between 2013 and 2019 by erecting a new factory and upgrading existing plants. Further details on these projects have been published by “agência latinapress”; on 27 June, it reported Goodyear’s Latin American region president Jamie Szulc as saying the tyre maker is looking at sites in Brazil, Columbia, Mexico and the US for its greenfield facility, which will have an annual capacity of 6 million tyres. Szulc is also quoted as saying that investments in Goodyear plants in Venezuela, Peru and Columbia are on the cards.
Continue ReadingNexen confirms Czech Republic factory details
Nexen Tire has officially confirmed that it is building a new plant in Zatec, Czech Republic with the stated aims of developing its European foothold and expanding its global production base. The company also confirmed that the project will cost 1.2 trillion Korean won, approximately 829 million euros, bringing some clarity to reports that have also suggested a US$1.17 billion pricetag.
Continue ReadingNexen gearing up for greater European presence
A lot has been going on at Nexen this year. Much of this activity has been taking place within the European market. And more still was going on during the weeks before, during and after the Essen Show. Less than two weeks before the exhibition opened the company highlighted its recent progress with first quarter results punching above the company’s weight. During the exhibition the company was ostensibly there to display examples from its range and launch three new products – the N’blue HD Plus, Winguard SnowG and Winguard WT1(see textbox for more about what was actually presented in Essen). But it quickly transpired that there is more than this going on.
Continue ReadingNexen Tire signs Czech plant deal, ups investment to $1.17 billion
Following Tyres & Accessories’ reporting of Nexen Tire Corp’s decision to build a greenfield tyre production plant in the Czech Republic back in March 2014, the company has signed a deal with the Czech government. On 27 June the Korean Yonhap news agency reported that tyre company negotiated a 1.2 trillion won (US$1.17 billion) to build the factory. The specific number here is significant because the details issued to T&A in March only referred to investment of $800 million dollars.
Continue ReadingMaxxis/Cheng Shin investing $500 million in tyre factory construction and expansion
Cheng Shin Rubber Ind. Co. Ltd. (the parent company of Maxxis International) is investing over US$500 million in building new plants in Indonesia and Taiwan as well as expanding three existing plants in China.
Continue ReadingTIA board elects Formanek as secretary; Wolfe as treasurer
The Tire Industry Association (TIA) recently elected Tom Formanek as its new board secretary at its biannual meeting held 18-20 June 2014. He will begin his one-year term as secretary on 3 November. After that year, he will proceed as vice president, then president, then past president; all of these positions are for one-year terms.
Continue ReadingToyo concept tyre hints at future direction
Toyo Tires has released an image of what it calls a ‘design study’ from its Japanese studios. Showcasing the possible future direction of its Proxes UHP range the tyre features an all-weather silica compound.
Continue ReadingTIA opposes Chinese import tariffs
The Tire Industry Association (TIA) is opposing the International Trade Commission (ITC) that would limit the import of Chinese-made passenger and light truck tyres into the US. TIA previously opposed a similar measure in 2009. According to a statement published today, the association “feels strongly that this measure, despite being well-intentioned, would not help in the preservation of manufacturing jobs, and would be harmful to consumers, as these tyres are often an affordable solution to those drivers with limited budgets. However, the association also reiterates its long-standing position that all tyres - regardless of country of origin - must be held to all applicable Federal Motor Vehicle Safety Standards.”
Continue ReadingThe Genesis of Zenises
Mid-way through the Essen Show, the people behind one of the largest plots in hall three (home to the Infinity, Westlake and Linglong brands) announced that they are changing their corporate identity. And while this did mean the unveiling of a Zenises logo and a new range of Z branded tyres, speaking to chief executive officer Harjeev Kandhari reveals that the concept goes far further than this.
Continue ReadingCITExpo adds fourth hall in bid to become largest Far Eastern tyre trade fair
When the twelfth China International Tire Expo (CITExpo) kicks off on 10, 11 and 12 September 2014 the organiser (Reliable International Exhibition Services Co, Ltd.) hopes to be able to claim the title of “largest Far Eastern tyre trade show”. And in order to this the company is increasing available floor space by some 20 per cent.
Continue ReadingToyo opens China railway car parts plant JV
Toyo has opened its new joint venture for the manufacture and distribution of parts for railway vehicles in China. Wuxi Toyo Meifeng Rubber Products Manufacturing Co, Ltd (TMW) was established through a business partnership with Wuxi Meifeng Rubber Products Manufacturing Co, Ltd (or Wuxi Rubber), which has strengths in technology and Chinese railway parts sales. Meanwhile Toyo has developed and manufactured air springs and anti-vibration rubber components for the comfort and safety of railway vehicles for over 50 years, supplying these products primarily in Japan.
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