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15353 search results for: eco tyres

3436

Record Sales For Cooper In 1Q

Cooper Tire & Rubber’s first quarter results show sales at an all-time record high of $974 million; a Year-on-Year increase of 23 per cent. Net income increased by 56 per cent to $24 million (1Q 2003: $15 m). Tire Group operations showed a record turnover of $485 million, 23 per cent up on the 1Q 2003 figure of $396 million, and a 12 per cent increase in volumes and an improved mix. Sales of high performance tyres rose by 47 per cent, those of P-metric tyres were up 52 per cent and truck tyre sales were up 27 per cent. Despite this, operating profit was down slightly at just under $16 million. Raw material costs reduced operating profit by $18 million while product liability and litigation costs were $9 million higher than 1Q 2003.

3437

Charles Lawrence gets cleaner steel from tyres

Nottinghamshire-based Charles Lawrence International processes around 18,000 tonnes of commercial vehicle tyres a year at its £1.5 million granulating plant and has developed machinery to improve the recovery of steel from tyres. Over 72,000 tonnes of tyres recycled each year in the UK, creating 21,000 tonnes of a valuable high-grade steel fibre with a low copper content. But because the steel is contaminated by residual rubber from the granulating process, it is rejected by steel processing plants and has to be landfilled. Charles Lawrence International’s new process claims to recover cleaner steel which can be recycled by steel processors.

3438

Cooper Tire to Launch Avon Tyres in the U.S. & Canada

Cooper Tire & Rubber Company plans to launch AVON Tyres USA, a new collection of performance passenger, light truck, sport truck and motorsport tyres. Completely new to the U.S. and Canadian markets, the AVON Tyres USA line is the first ever to have been designed and engineered from consumer feedback data. All data was collected and analyzed by The Tire Rack, the country’s largest independent tyre tester, through its web site, www.tirerack.com.

3439

Tyres to Coke plant proposed

Moncktons Coke and Chemical Company has submitted an application to the Environment Agency to use tyres in its coke manufacturing process. Anticipating a healthy market for used tyres, Moncktons is aiming to become one of the first businesses in the UK to use tyres to make coke on a commercial basis. The company has already conducted successful trials at its plant in Barnsley using 7 per cent crumbed tyres with coal in its carbonising process. The company plans to use up to 20,000 tonnes of tyres a year in its 42 ovens and already has planning permission from the local authority to build a tyre crumbing facility on the site. Upon completion of controlled trials the company has applied to the Environment Agency to widen its Pollution Prevention and Control Permit to cover waste tyres. The company hopes to start using tyres in its coke ovens in autumn 2004.

3441

Michelin Pilot Exalto highly recommended by ADAC

In a series of ADAC tests involving 14 competitors’ tyres, the new 205/55 R 16V Michelin Pilot Exalto was granted the “highly recommended” rating. The latest Michelin high performance tyre achieved the best score on dry surfaces, and was also noted for its excellent performance on wet surfaces.

3442

Pirelli-Shod Dodge Ram SRT-10 Sets Guinness Record

A Dodge Ram SRT-10 has taken its place in the Guinness Book of World Records as the “World’s Fastest Production Pickup Truck”. Unmodified for additional power or enhanced aerodynamics, and using its original equipment Pirelli Scorpion Zero tyres, the Dodge Ram SRT-10 posted a two-lap, both-directions average speed of 154.587 mph over a “flying kilometer” on the 4.71-mile oval at the DaimlerChrysler Proving Grounds in Chelsea, Michigan. The record run by the Dodge Ram SRT-10 was certified by Guinness World Records and the Sports Car Club of America (SCCA). Filling the Ram SRT-10’s wheel wells for the record runs were production 305/40ZR22 XL 114W Pirelli Scorpion Zeros mounted on standard 10 x 22 inch alloy rims. These tyres have a maximum speed rating of 186 mph and are manufactured in Pirelli’s new factory near Atlanta, Georgia.

3443

Michelin to import truck tyres to India

The Indian Government is to permit Michelin to import bus and truck radial tyres for wholesale trading on cash and carry basis until its joint venture with Apollo Tyres becomes operational. Michelin Apollo, 51 per cent owned by the French firm and 49 per cent by Apollo Tyres, will take about 20 months to begin production.

3444

Nokian Tyres plc Q4 improvement

The Nokian Group’s net sales and operating profit increased in Q4 with all profit centres improving their results. Net sales grew by 10.3 per cent, to 528.7 million Euro (2002: 479.2 million Euro). Operating profit was 79.1 million Euro ( 60.1 million Euro). EPS were up to 4.48 Euro ( 3.17 Euro). The Board of Directors propose a dividend equalling 35 per cent of the net profit, that is 1.56 Euro ( 1.11 Euro) per share, to be distributed.

3446

Amerityre Begins testing of prototype polyurethane car tyres

Amerityre Corporation has been submitting prototype polyurethane car tyres to an independent lab for testing to determine if the tyres comply with Federal Motor Vehicle Safety Standard No. 109, applicable to new pneumatic tires.

3447

Agricultural Tyres

How was 2003 for the agricultural sector? With a year that went from floods and the tail end of Foot and Mouth to one of the longest driest summers on record and finished with the threat of potato ring rot imported from Holland, was it a good year for the agricultural tyre sector?

3448

Cooper Tire has recovered after small downturn

The near 90 years old tyre manufacturer Cooper, has so far always been noticeable with two digit operational profits, has held its ground even after the rather difficult economic conditions in the United Stated after “September 11”. Whilst Cooper has been more or less in the doldrums during the first six months of the current year, the company again gathered way under the guidance of CEO Thomas A. Dattilo. Cooper could convince the market of the fact that this tyre and rubber company will find the way back to its old earning power. In the fourth quarter of 2002 there have been preferred sales because of announced price increases for 2003, so that the manufacturer was inevitably lagging behind its sales figures during the first months of this year. Since September however Cooper progresses again relatively steeply with light truck tyres. In particular, the last quarter showed strong upward tendencies. While the market grew by around four per cent, Cooper in turn created a growth of nine per cent by special arrangements with customers, so that up to the end of the year many arrears can be caught up. This at least is what Tom Dattilo explained to T&A in an interview at the SEMA show in Las Vegas.

3449

Maxsport Competition Tyres: Retreading the motorsport way

In today’s economic climate there are few people investing in car tyre retreading. The received wisdom is that in the UK car tyre retreading is dead or dying, and that across Europe it is seriously ill.
However, Peter Burgess, tyre trade enthusiast and entrepreneur has done just that. He has invested in a car tyre retreading plant, which for many people in the know is tantamount to confirming a kind of madness not seen since George III. However, Peter Burgess reveals that there is indeed method in his madness.

Maxsport competition tyres have been around for 15 years or so. The brand was originally owned by rally enthusiast Redmond Barry. Unhappy with paying high prices for motorsport tyres, Barry bought a few moulds and contracted an existing retreader to produce the tyres for him. Initially he had tyres made for himself and a few friends but the demand grew and the Maxsport brand developed a role in the motorsport sector. By 1993 the brand was sold to Monarch and Barry took on a role as sales consultant for Maxsport. When Monarch went into receivership Redmond Barry and Bill Madison bought the Maxsport side of the business. The next couple of years were a bit of a rollercoaster as manufacturers came and went.

In the meantime Peter Burgess had been selling Maxsport motorsport tyres through his Treble B outlets and directly to the grasstrack market. This experience with the brand and a knowledge of the market led Peter Burgess into a business relationship with Redmond Barry which resulted this year in the opening of a brand new factory dedicated to manufacturing Maxsport Competition Tyres.

3450

Sapphire and Lafarge: Offering the best solution to waste tyres?

Tyre disposal is an issue that affects everyone, not just those in the tyre business but every individual everywhere. If we don’t find a solution to tyre disposal we will have an enduring and ongoing waste tyre problem. The use of tyres as fuel in cement kilns is becoming an increasingly important option, although this route to disposal has been resisted by some local communities.

Sapphire was established with support from Lafarge and Michelin as a sustainable route of tyre supply to Lafarge, and as a ready route for the tyre industry to dispose of tyres in advance of producer responsibility. Jamie Randall, MD, says, “We do work closely with Michelin but we are keen to be seen as a an industry wide used waste tyre disposal route open to everyone.”

“The only reason tyres have a value, or rather a use, is because of the millions that Lafarge has invested in plant and equipment. If people have a dream of the gate fee disappearing then they are mistaken. Without the gate fee the operation loses much of its value and Lafarge would not be using tyres.

“We have to recognise that the funds to secure this high class disposal route are available: one way or the other every tyre changed from our cars attracts a charge at the retailer or elsewhere for its ultimate disposal.”

“It is important that the tyre industry keeps in mind that Lafarge is not in the business of processing tyres, it is in the business of making money, which it does through the manufacture of cement. In the meantime, technology and economics, if we allow the gate fee, mean that tyre use has become an important element of Lafarge’s, and others’, cement manufacturing process. That may not always be the case.”

Lafarge and Sapphire will argue that their investment requires a gate fee to ensure its ongoing profitability. The tyre sector will look at the fiscal benefits of using tyres as opposed to fossil fuels and argue that a lower gate fee at least could be accommodated. Ultimately Lafarge has the option of using tyres or other fuels. If it becomes more economical to burn sewage, for instance, then what happens to the tyres Lafarge would no longer require?

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