Titan signs service agreement for oil sands tyre disposal
Titan International has announced that its subsidiary, Titan Tire Reclamation Corp., (TTRC) is leasing ten acres (4 hectares) of land from Suncor Energy, north of Fort McMurray, Canada for ten years to operate a pyrolysis system developed by Green Carbon, a company controlled by Fred Taylor, brother of Titan International chairman and CEO Maurice Taylor. Titan Tire Reclamation has already engaged in negotiations with various companies operating in Canada’s oil sands regarding the disposal of OTR tyres and conveyor belting.
Apollo ‘yet to finalise’ greenfield tyre factory location
Following news reports that Apollo has chosen Hungary as the location of its new tyre plant, the company has released a statement reiterated its plans and stating that it is “yet to finalise the exact location” for its factory.
Reports: Apollo chooses Hungary for new tyre factory
Slovakian news sources are reporting that Apollo has chosen Hungary over Slovakia for the site of its new 500 million euro tyre factory. According to the reports, is was “the business environment in Slovakia” pushed the manufacturer towards the other site when choosing from a shortlist of two.
Latin Expo Group, the company behind Panama-based shows the Latin American & Caribbean Tyre Expo and Latin Auto Parts Expo, has announced the creation of a dedicated tyre show in the US. News of the World Tire & Retread Expo was given by Latin Expo Group CEO Gustavo Lima at Reifen 2014; the inaugural show will take place from 15 to 17 April 2015 in the US city of New Orleans.
Mitas is proud to announce its selection by TM Racing as an OEM tyre supplier for motocross, enduro and supermoto motorcycles. Mitas will supply C-21 Super and EF-07 Super tyres for enduro motorcycles (EN 300, EN 450FI, EN 530F, EN 125, EN 144, EN 250 and EN 250FI), C-19 and C-20 for motocross motorcycles (MX Junior) and Sport Force radial tyres for its supermoto models (SMM 530F, SMR 530F, SMM 450F, SMR 450F).
New Goodyear plant to meet growing Americas demand
Due to a strong free cash flow in 2013, Goodyear Tire & Rubber is reallocating approximately US$1.1 billion of its 2014-2016 cash flow – $300 million of this will go towards establishing a new consumer tyre facility in the Americas. Goodyear aims for the plant to begin production in the first half of 2017 with an annual capacity of around six million tyres, an amount that will be expandable as demand increases. Site selection to identify a suitable location for serving North and Latin American customers is now underway. Total plant investment will be in the vicinity of $500 million.
Cooper: Chengshan tyre plant fire caused ‘minimal damage’
Cooper Tire executives have confirmed that reports of a fire at the company’s Cooper Chengshan (Shandong)Tire Company Ltd. (CCT) manufacturing plant in Rongcheng, China were correct. As far as the details are concerned, writing in an official statement Cooper Tire officials confirmed that the fire took place on 28 May outside of the factory site proper. According to the company, there were no injuries and “minimal damage to property”.
At the time photographs of the fire were published alongside local Chinese reports, however these provided no details of what damage the fire caused or where it actually took place. Cooper has now explained that “the fire involved a scrap tyre area outside the main manufacturing plant structure”. As a result production was temporarily suspended. It has now returned to normal.
A fire broke out at the Cooper and Chengshans Rongcheng factory in Shandong Province, Eastern China on Tuesday 27 May. Several local news sources including the Xinhua news agency have reported the news and photographs showing a large plume of smoke rising about the factory have also been published.
Reifen, Automechanika agree upon strategic partnership
Messe Essen and Messe Frankfurt have announced a “far-reaching strategic partnership”, aimed at strengthening the Reifen and Automechanika trade fairs. The partners expressed a joint desire to exploit “synergetic effects in sales and marketing across borders,” the most obvious of which will be package solutions for exhibitors.
May 23rd and 24th are important dates for those involved in the German tuning industry, as the tuning crowd meets at the Hockenheimring Tuner Grand Prix and the tyres generate clouds of smoke at the Drift Challenge.
Brembo celebrated the grand opening of its expanded North American manufacturing operations in Homer, Michigan on 22 May 2014. According to the company, the occasion marks Brembo’s commitment to North America. The investment, which will total more than $115 million dollars (83 million euros) through to the end of 2015, expands the facility that houses production of brake, disc, caliper and corner module manufacturing.
Point S presenting consolidation strategy at Reifen
While Point S used the 2012 Reifen show to announce the signing of partnership agreements in South Africa, Slovenia and Canada, at this year’s event the retail cooperatives will be reporting details of its consolidation strategy.
Minnesota governor Mark Dayton has signed the state’s lead and mercury wheel weights bill into law on 16 May, Tire Review reports. The legislation was presented in March of this year to both the state’s Senate and House. The new law includes a ban on the installation, sale and distribution of lead and mercury based […]
Despite the ongoing political upheaval which has been plaguing the Thais since the start of 2014, replacement car tyre sales grew by 22 per cent in terms of unit volume in the first quarter of 2014 compared with the same quarter last year. This equates to some US$175 million in first three months of 2014.
Pirelli and Rosneft in synthetic rubber cooperation talks
Rosneft president and chairman of the management board Igor Sechin has held negotiations with Pirelli’s top management including Marco Tronchetti Provera on the subject of expanding the two companies well reported cooperation.
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