US debut for Magna M-Straddle port tyre at ConExpo
Magna Tyres says it will launch its new Magna M-Straddle tyre in the US at next week’s ConExpo show in Las Vegas. The radial M-Straddle, available in tyre size 16.00R25, is specifically designed for use on straddle carriers in demanding port and terminal conditions. ConExpo is the first exhibition in the US where the M-Straddle will be showed.
Production recommences at fire affected Ceat plant
Ceat Ltd reports that production has resumed at its Bhandup facility following the fire that broke out in the plant’s raw material store on 23 February. Company managing director Anant Goenka shared with India’s Business Standard that the cause of the fire is still unknown, however sabotage has been ruled out.
Turkish tyre manufacturer Petlas expanded its winter offering with the introduction of an SUV-orientated range in December. Petlas’s newest addition to the winter line up is the Explero W671, designed to fit a wide selection of 4x4s and SUVs.
Supply and demand within the OTR tyre market has greatly fluctuated in recent years. While tyre makers could hardly keep up with demand only a couple of years ago, last year supply was much stronger than demand. Tim Easter, director of OTR sales for Yokohama Rubber’s US operation, Yokohama Tire Corporation (YTC), has shared his views on these OTR market ups and downs, what the outlook is for 2014 and beyond, and what products Yokohama is bringing to market.
Out of service and into the record books for Goodyear blimp
With the first of its new Zeppelin airships scheduled to enter service later this year, Goodyear Tire & Rubber has retired its blimp Spirit of Goodyear after 14 years in the air. The company’s longest continuous operated airship had its last day out providing aerial coverage at last weekend’s Daytona 500 race. It was joined by the Spirit of Innovation blimp over the Daytona International Speedway, a rare appearance of two Goodyear airships at the same event. Upon its decommissioning, the Spirit of Goodyear will gain a Guinness World Record for length of continuous operation.
Smithers Rapra now testing to R117 standard in China
Tyre, rubber, plastics and composites specialist Smithers Rapra has announced that its operation in Suzhou, China has been certified to test to the United Nation’s Economic Commission for Europe (UNECE) R117 standard by TÜV NORD. The company says adding the ECE R117 standard test capabilities for rolling resistance and road noise will support international tyre makers with testing systems that ensure the highest product integrity.
Former Michelin test driver breaks 270mph in Hennesy Venom
On 14 February 2014 Brian Smith unofficially broke the production car land speed record with a 270.49mph run on Floridas Space Shuttle landing runway, according to Top Gear magazine. Before now the fastest was the Bugatti Veyron Super Sport, which managed 269.86mph on the Ehra-Lessien test track in 2010.
Nankang driver is 2013 Japanese MSC Challenge champion
Nankang Tire sponsored driver Yokoi Masashi became the 2013 MSC Challenge on 18 January. One of the popular motor sport events in Japan, the MSC Challenge is composed of 10 competitions with the final championship was held on 18 January 2014.
Saudi Arabian tyre market predicted to grow 12% CAGR by 2018
A new report published by Bharrat Books predicts that the Saudi Arabian tyre market revenues will grow 12 per cent compound annual growth rate (CAGR) during the period between 2013 and 2018.
A two-year experiment by the Danish road directorate shows accidents have fallen on single-carriageway rural roads where the speed limit was raised. Accidents have also fallen on motorways where the speed limit has been increased.
Machinery, main building not affected by Ceat plant fire
India’s Ceat Limited reported to the Bombay Stock Exchange today that nobody fatalities were caused by a fire that broke out at a raw material store in its Bhandup plant, and the main plant and the machinery within have not been damaged. Company secretary H.N. Singhrajpoot added that while production at the facility has temporarily been suspended, it is confident production will resume “at the earliest”.
Analysts: Goodyear break-up is bad news for Sumitomo
While the news that Goodyear is looking to exit its international joint venture with Sumitomo Rubber partly precipitated a 10 per cent intra-day leap in Goodyear’s share price, commentary on the latest financials published by Sumitomo suggest that the JV break-up the two companies are currently in arbitration over could be bad news for the Japanese tyre maker.
On 22 February, the official opening ceremony for Yokohama India’s Bahadurgarh plant was held in the presence of regional and company dignitaries. Trial production has already begun at the plant ahead of a start of commercial manufacture in the second half of this year.
Kenda has extended its US sport sponsorship with the addition of the Ohio State University’s Buckeyes v Minnesota Golden Gophers basketball game to its roster, which includes an association with Taiwan-descended Jeremy Lin’s Houston Rockets. The university and its basketball team are based in Columbus, Ohio, the city in which Kenda’s North American operation is […]
ATD has announced it will pay $345 million, with the possibility of another $20 million depending on certain provisions, in a deal to acquire Terry’s Tire Town, US publication Tire Review reports. The deal comes fewer than three weeks after closing a deal to buy Hercules Tire & Rubber Co. The deal gives ATD 11 […]
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