Overseas purchases, plant on JK Tyre agenda
Could JK Tyre & Industries be the next Indian tyre maker to broaden its geographic footprint? Speaking with The Economic Times, company chairman and managing director Dr. Raghupati Singhania said that following the integration of Mexican tyre maker Tornel into the company, JK Tyres has “encountered some interesting propositions for possible opportunities of acquisition to catapult into a global entity.”
Continue ReadingLatin Auto Parts Expo dates announced
Latin Expo Group LLC, the event organiser behind the Latin Tyre Expo, have announced plans to hold the 2014 Latin Auto Parts Expo between 9 and 11 July 2014 at the Atlapa Convention Center, Panama City, Panama. The exhibition it pitched at providing manufacturers and distributors direct access to the Latin American and Caribbean OEM, replacement parts and tuning markets in a warm and personal setting that forges long lasting commercial and personal relationships.
Continue ReadingBridgestone contemplates second Turkish plant
Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.Ş. (Brisa), the joint venture company run by Bridgestone Corporation and Turkey’s Sabancı Holding, is evaluating potential sites within the country for a second factory. Brisa intends to construct a passenger car radial factory to complement the company’s existing passenger car, bus and truck radial plant in İzmit, which entered volume production in 1990.
Continue ReadingSlight rise in visitor, exhibitor numbers at CITExpo
The 11th edition of the China International Tire Expo, held earlier this month in Shanghai, attracted 7,303 visitors. This number represents a slight rise in attendance over 2012, and organiser Reliable International Exhibition Services says that 4,263 visitors, or 58 per cent of the total, came from outside China. The 24,000 square metre exhibition space housed 335 exhibitors, ten per cent more than last year.
Continue ReadingHankook opens Indonesia plant
The official opening for Hankook Tire’s new plant in Indonesia was held on 17 September. The facility in Lippo Cikarang, West Java – the South Korean tyre maker’s seventh global plant – was inaugurated in the presence of top Hankook executives, including Hankook Tire vice-chairman and CEO Seung Hwa Suh, Hankook Tire Worldwide president and CEO Hyun Shick Cho, and Hankook Tire CMO/CCMO Hyun Bum Cho. Also in attendance was Indonesian president, Susilo Bambang Yudhoyono and several other Indonesian government officials.
Continue ReadingGoodyear blimps take text-driving message to the air
Despite the dangers involved, texting while driving is perfectly legal in at least ten US states. Yet the practice has many opponents, including Goodyear Tire & Rubber, who today is sending out the blimps to spread an anti- texting and driving message. The messages carried by the three Goodyear blimps today promote ‘It Can Wait’, a US-wide education and awareness campaign encouraging drivers never to text while behind the wheel.
Continue ReadingISO certification for Michelin’s Indian service centres
Michelin has been awarded ISO 9001:2008 certification for its Tyreplus and Michelin Truck Service Centre (MTSC) networks across India. With this certification, Michelin becomes the largest certified tyre service network in the country; the company presently operates 23 Tyreplus and 13 MTSC outlets within India.
Continue ReadingPirelli debuts premium service network in Germany
German-based Pirelli company Pneumobil GmbH has established its first flagship ‘Driver’ centre. The Driver store in Frankfurt opened its doors on Friday 13 September, and this will hopefully prove a lucky date for the new premium concept. Pirelli intends to expand the Driver network, however it has not outlined its future rollout plans or indicated whether the Driver centre concept will be extended to other markets.
Continue ReadingTweel named a top new product
It isn’t currently available on this side of the pond, but in the US Michelin’s Tweel has been available for almost a year and is expanding its collection of accolades. In April the airless tyre won a Silver Edison Award and now it has been named one of the 2013 contractors’ top 40 new products by publication Equipment Today.
Continue ReadingPirelli makes another German retail acquisition
Pneumobil, the retail operation run by Pirelli in Germany, has acquired Bavarian tyre retailer Reifen-Wagner I.S. Auto-Service GmbH & Co. KG. The purchase of this chain adds 15 new outlets to the 70-strong Pneumobil network; the deal will take affect on 1 October.
Continue ReadingCourt delays Cooper Chengshan anti-merger case
In the latest installment in the on-going Apollo/Cooper merger saga, a Chinese court has postponed a hearing on a case brought against the combination by Chinese manufacturing business Cooper Chengshan.
Continue ReadingEntire top 15 Chinese manufacturers expected at Reifen China 2013
With China now the largest car and tyre producing marketing on earth, and with five Chinese tyre makers in the global top 20 its importance in the global landscape cannot be (and generally isn’t) ignored. In addition to scale, the largest Chinese manufacturers are increasingly investing in up-ing the standards of products they products, with their eyes on the global OE prize. The fact that import tariffs and labelling laws are coming and going in the midst of this means things are far from simple. With this in mind, Tyre & Accessories looks forward to attending this year’s Reifen China exhibition in Shanghai – not only for what goes on show days inside the hall, but for what the connections we make inside the trade fair tell us about what is going on in the rest of the market.
Continue ReadingDynacargo to export to the US
All-steel truck radial tyre manufacturer Dynacargo began exporting to the United States earlier this year. According to online news reports, Dynacargo (a member company of Shaanxi Yanchang Petroleum (Group) Co., Ltd.-Kaidi Xixiang Company) has gained permission from Shaanxi Entry-Exit Inspection and Quarantine Bureau to export to the North American market.
Continue ReadingStrong export growth at Jiangxi Blackcat
Jiangxi Black Cat Carbon Black (Black Cat Inc.) reports that exports are growing fast after the firm redoubled efforts to improve “product quality, technology innovation” as well as expanding cooperation with certain leading international companies such as Bridgestone and Michelin.
Continue ReadingTriangle: no Russian tyre plant…for now
Triangle Tire representatives have denied online reports that the company is planning to invest in a Russian tyre production facility any time soon. Following online reports which surfaced in August, Tyres & Accessories contacted the company and its UK importer TYM International. According to TYM managing director Steve Eke, there were talks with Russian government officials along these lines last year, but at the start of 2013 the decision was taken not to follow these through any further.
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