Africa Archives - Page 31 of 69 - Tyrepress

Africa

Posts

“It is not difficult to define CITExpo as a very internationalised show compared to other industry shows”: Fong

With Shanghai's CITExpo 2010 fast approaching, Wilko Fong – managing director of event organiser Reliable International Exhibition Services – gave a question and answer session covering the make-up of the show's exhibitors, its visitors, the focal theme of this year's show, and related events such as the massive Shanghai Expo 2010 and the Automotive Testing Expo, which takes place in the week following CITExpo in Beijing.

1st July 2010/by Tyrepress Editors

B&J Rocket Releases Alu I-Beam

Switzerland’s B&J Rocket Sales AG says its I-Beam spacers have gained a remarkable reputation for durability and reliability in the industry and thus over the years have become a top seller. Thus it comes as no surprise that B&J Rocket has developed the concept further; the company has now introduced the next generation I-Beam spacer, the Alu I-Beam Air spacer. B&J Rocket says this new product provides more cooling and a longer lifetime.

1st July 2010/by Tyrepress Editors

Stamford Tyres “Laid Foundations for Future Growth” in FY2010

Singaporean tyre and wheel distributor Stamford Tyres has announced a net profit of S$9.4 million (£4.5 million) for the end of financial year 2010, which ended on 30 April, over eight times the net profit of S$1.0 million in FY2009. The company’s president and CEO, Wee Kok Wah said: “Over the past year, we have worked hard to lay the foundations for the Group’s future growth… In accordance with the much improved set of results the Board of Directors has recommended a final dividend of 1.0 Singapore cents to reward our loyal shareholders.” The company reduced its operating expenses by 16.3 per cent, from S$64.5 million in FY2009 to S$54.0 million in FY2010, while Stamford experienced the slightest of declines in gross profit – down 1.5 per cent to S$66.5 million – and its gross profit margin, which was at 21.4 per cent as opposed to 22.7 per cent the previous year. Higher tyre purchase prices worldwide and lower sales from the Group’s Thai wheel plant were the main causes.

29th June 2010/by Tyrepress Editors

Mercy Ships Benefits from Bridgestone Tyre Donation

For the third consecutive year Bridgestone has donated tyres to Mercy Ships, an international charity that runs hospital ships that bring medical services to some of the world's poorest regions. The consignment of Dueler 694 4×4 tyres will be used on Mercy Ships’ fleet of 4-wheel drive Nissans. As an On/Off road tyre, the Dueler 694 is ideal for the mixed use and rough conditions faced by Mercy Ship vehicles around towns, air strips and ports.

24th June 2010/by Tyrepress Editors

Dunlop Nigeria Seeks Government Bailout, Buyers for Equipment

The company formerly known as Dunlop Nigeria, now known as DN Tyre and Rubber Plc, is looking an increasingly unlikely candidate for reopening its tyre manufacturing plant – shut since December 2008 – with a request for a governmental intervention fund of 10 billion naira as yet unheeded and the company searching buyers for its “multi-billion naira” manufacturing equipment.

22nd June 2010/by Tyrepress Editors

South African Anti-Dumping Decision "Means Level Playing Field"

International News

An article on the South African website Business Report reported on the ruling of the High Court in South Africa to set aside the decision, made in 2007 by the Trade and Industry Ministry, to terminate anti-dumping probes against Chinese tyre exporters, bringing "fair competition" to the tyre manufacturing industry.

22nd June 2010/by Tyrepress Editors

BKT, Elgi Rubber and Omni United Commit to Inaugural Tyrexpo India 2011

The first major exhibitors at the first Tyrexpo India in Chennai on 5-7 July 2011 have been announced. Exhibition organiser ECI International states that Balkrishna Tyres (BKT), Elgi Rubber and Omni United have become the first major companies to commit to supporting the inaugural staging of the new tyre and equipment exhibition. ECI says the ground-breaking event reflects India’s fast-growing importance and influence in the global tyre, rubber and equipment market.

22nd June 2010/by Tyrepress Editors

ECI Confirms Tyrexpo Africa 2012 Dates

The fourth Tyrexpo Africa exhibition will take place from 6-8 March, 2012. Automotive aftermarket exhibition organiser ECI International also confirmed that the popular tyre trade and garage equipment show, Tyrexpo Africa, will return to Johannesburg at the Sandton Convention Centre. “2012 will be the fourth staging of Tyrexpo Africa and we are confident that the show will continue to grow and establish itself as the premier tyre and garage equipment trade event of its kind in southern Africa,” says ECI managing director Paul Farrant.

18th June 2010/by Tyrepress Editors

Maxxis Appoints New UK Marketing & Sales Coordinator

As part of its investment in marketing communications aimed at boosting brand profile both within the tyre industry and amongst key consumer audiences such as tuning and performance enthusiasts, Maxxis has appointed Amy Colbourne to the position of marketing and sales coordinator. Ms Colbourne, 24, works alongside Maxxis International UK’s managing director Derek McMartin and has taken on the day-to-day responsibility for the smooth running of the company’s advertising and sponsorship programme and its online marketing activities.

18th June 2010/by Tyrepress Editors

Goodyear’s LHT II – Low Rolling Resistance Without the Drawbacks?

Newton’s First Law of Motion states that ‘every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it’. For tyres, this external force is seen in rolling resistance, and it is primarily caused by the repeated deformation and recovery of the tyre as it comes into contact with the road surface. Reducing rolling resistance is, in theory anyway, relatively simple – yet achieving a reduction in rolling resistance without compromising on other essential tyre qualities is another matter entirely. In designing its latest generation trailer tyre, the Marathon LHT II, Goodyear referred to this as “mission impossible”. Yet through much research and development work the tyre maker believes it has achieved this seemingly unreachable goal.

15th June 2010/by Tyrepress Editors

Marangoni Partners With Leader Tread in South Africa

Marangoni Retreading Systems is venturing into new commercial ground after establishing a cooperation agreement with Marathon, part of the Leader Rubber group in South Africa. According to the retreading systems manufacturer, partnering with Marathon opens the door to two million unit-strong South African new tyre/retread market. Marangoni Retreading Systems and Marathon expect to complete South African market penetration by the end of 2011.

The agreement see Marathon provide the distribution platform and sales support to partners producing retreads with the Ringtread system, which is seen as a quality and cost saving response to the price-based market made up largely of Far Eastern products.

10th June 2010/by Tyrepress Editors

Apollo Tyres Planning China Expansion

International News

Apollo Tyres is reportedly working on a strategy to enter China, currently the world's largest tyre producing and exporting market. If Apollo is successful in this venture it would be the first Indian tyre manufaturing company to establish a permanent production presence in China.

“We aim to be a global tyre producer with footprints in all corners of the world,” Onkar Kanwar, Apollo Tyres' chairman, said at the launch of the brand in Europe, adding: “Only China is out of bounds right now but we will chart a strategy to be present there as well, through either a joint venture or a contract manufacturing arrangement.“

9th June 2010/by Tyrepress Editors

Reifen 2010 Reports Record Exhibitor Numbers

As Reifen 2010 draws to a close, organising company Messe Essen is hailing the event as a great success after the company announced that provisional results for the 26th Reifen event show a record 600 exhibitors from 42 countries and over 18,000 trade visitors attended the tyre, retread and vulcanisation related expo. With guests from 127 countries, the fair also set a record also with regard to the internationality of the visitors.

60 per cent of Reifen 2010 visitors travelled to Essen from abroad. International visitors came primarily from Europe (75 per cent), followed by Asia, Africa, America and Australia. 88 per cent of the total visitors are said to have been decision-takers. And the statistics say the show was good for business too, with a third of the visitors having already ordered something and nearly half of the visitors having prepared deals which they want to complete after the fair.

4th June 2010/by Tyrepress Editors

Trelleborg Increasing Industrial Tyre Prices 7 – 10%

Trelleborg Wheel Systems S.p.A. will announced worldwide price increases on its industrial and construction tyres, which from the 1 July will see price hikes of 7- 10 per cent in Europe, Asia-Pacific and Africa. The increase will be between 5 and 7 per cent in North and South America, according to Trelleborg’s Industrial Tires Business Unit. Trelleborg last increased this segment’s tyre prices 5 – 10 per cent on 1 March 2010, following an announcement on 13 January.

4th June 2010/by Tyrepress Editors

Michelin Investing in Emerging Markets

Michelin managing partner, Michel Rollier, has spoken of the French tyre manufacturer’s plans to invest $2 billion in increasing its capacity in emerging markets between now and 2012. French newspaper Les Echos quoted Rollier as saying "our problem is that the growth of our capacity is insufficient compared with demand" at this year’s Michelin Challenge Bibendum event in Rio de Janeiro. “We cannot equip a manufacturer in North America and tell him we're not able to do it in South America," he reportedly explained.

Michel Rollier’s comments follow suggestions from some sources that Michelin is lagging behind its main competitors when it comes to its presence in the emerging BRIC (Brazil, Russia, India and China). However, in the future BRIC countries are expected to have “an increasing share in the sales revenues of Michelin tyres,” managing partner Jean-Dominque Senard said.

2nd June 2010/by Tyrepress Editors