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New 2009 Scrap Tire & Rubber Users Directory

The 2009 edition of the Scrap Tire & Rubber Users Directory is now available. Updated annually, the directory contains more than 2,000 listings with name, address, telephone, fax, e-mail, web address, contact person and a summary of products and services provided by the companies. Published by Recycling Research Institute (RRI), the 2009 edition provides current market data in the Market Price Survey. This section gives a three-year price index of average prices for crumb rubber, tyre-derived fuel, and buffings. US tipping fees for whole tyres are also provided.

15th April 2009/by Tyrepress Editors

MRF Lands OE Deal with Military Aircraft Manufacturer

MRF, the first Indian tyre manufacturer to produce aviation tyres for military aircraft, has secured an order from Hindustan Aeronautics Limited (HAL), one of Asia’s largest aerospace companies. The initial supply contract, reports the Financial Chronicle, is for some 400 to 500 tyres for HAL’s Chetak multi-purpose helicopter. India’s defence authorities have also reportedly asked the company to develop tyres for other types of military aircraft.

14th April 2009/by Tyrepress Editors

Evergreen Global Ready to Enter Europe

During the past 25 years Evergreen Global has developed from a small Singapore based wholesaler into a well-known truck tyre supplier offering its own brands, “United”, “Global Star” and “Matrix”. The next stage in the company’s development, outlined general manager Lancy Nazareth during Tyrexpo Asia, is to establish a presence in the European market.

Since the early 1980s, when company founder Ram Niranjan Jatia moved his business – which in those days dealt exclusively with the yarn trade – from Mumbai to Singapore and entered the tyre business, Evergreen has seized the opportunity to set up branch offices in numerous global locations: Today the company’s network of offices includes sites in Myanmar (Burma), Vietnam, Dubai, India and Brazil.

14th April 2009/by Tyrepress Editors

Monarch: At Home in a Niche Market

Ever since tyres first rolled onto the scene, there has also been a need for tyre repairs. For users of earthmover tyres, which are often used in intense operating conditions, tyre repair represents a particularly substantial contribution towards the maintenance of their value – the costs incurred with these tyres can quickly amount to a high five-digit figure. Since the early 1970s British company Monarch Vulcanising Systems has entirely dedicated itself to this niche market – with continued success, as company president Toni Elderfield shared during Tyrexpo Asia.

9th April 2009/by Tyrepress Editors

BKT Announces Further Significant Investment

When 95 per cent of a company’s sales are achieved in export markets, it would be well advised to ensure its presence at international exhibitions. This is the view held by Balkrishna – also known as BKT – the central business unit of India’s Siyaram Poddar Group. The last two years in particular have been a time in which the agricultural, earthmover, industrial, ATV and small tyre manufacturer has been able to distinctly expand its market share in Asia. As executive director Anurag Poddar explained during an interview with Tyres & Accessories, the company intends through its own marketing plant to further increase sales in the region. During the Tyrexpo Asia exhibition in Singapore the company displayed the first steel belt radials for earthmoving equipment to be produced in an Indian factory, and this landmark product can be used to symbolise the company’s sizeable ambitions for the Asian markets.

9th April 2009/by Tyrepress Editors

In Tyres & Accessories, May 2009:
Tyrexpo Asia Review
High-Performance Tyres
Vintage Tyres

Tyrexpo Asia

Reports from this year’s Tyrexpo Asia exhibition in Singapore have been positive, with show attendees commenting on a good turnout and definite signs of flourishing business despite current global conditions. Following a full schedule of meetings with industry representatives at the show, Tyres & Accessories is proud to bring you its 2009 Tyrexpo Asia review. A comprehensive report on the Singapore show can be found in our next edition.

Born to Perform

If any aspect of the tyre business can at all lay claim to coolness, it is the high performance tyre segment. Manufacturers naturally make the most of this when promoting their wider product ranges, yet the performance tyre sector is a very important business in its own right. Healthy profit margins mean companies are keen to see continued market growth, and the production of high performance tyres is increasingly becoming a means of continued existence for plants located in higher cost countries following the flight of mass-market manufacturing to other parts of the world. Don’t miss the May edition of Tyres & Accessories, when we feature the latest news from the high performance tyre world.

Enjoying an Active Retirement

As we get older we are admonished to regularly exercise our bodies, to – ‘use it or lose it’. Vintage and classic cars are no different. A full appreciation of yesteryear’s vehicles can only be gained by keeping them on the road instead of gathering dust in a static museum display, but for a full and active retired life, these cars require a little more TLC than average – including the correct tyres. Thankfully, number of firms have dedicated themselves to ensuring these tyres remain available long after wider volume production ended. In May, Tyres & Accessories returns to the world of cross-ply and beaded edges to bring you its vintage tyre feature.

7th April 2009/by Tyrepress Editors

Continental and Schaeffler aim to Leverage Joint Purchasing Power

Continental AG and the Schaeffler Group have initiated a joint global purchasing project, which was contractually agreed on 27 March 2009. According to the two companies the project’s goal is to optimize the cost of materials and achieve an annual triple-digit million benefit through access to the steel markets and component suppliers as well as investments and non-manufacturing materials. The combined purchasing volume of Continental and Schaeffler totalled approximately 20 billion euros in 2008, with the amount expected to benefit calculated at 6.6 billion euros. The companies are hoping to achieve total savings of between 350 and 400 million euros for the period between 2009 and 2011 alone.

According to a company statement announcing the cooperation, both companies follow the principle of acting in the market as independent entities but “creating synergies through cooperative actions.” Purchasing is an ideal area for this cooperation because this is where the strengths of Continental and the Schaeffler Group complement one another. While Schaeffler’s annual purchasing volume of as much as 1 million tons of steel brings it direct access to steel producers, a high level of competence in this segment and also very good purchasing conditions, Continental’s strength lies in the purchase of mechanical and electronic components. Both companies have a well established portfolio of suppliers. The joint access to the partner’s purchasing expertise makes it possible for both companies to benefit from the improved purchasing conditions.

6th April 2009/by Tyrepress Editors

Automotive Industry Optimism Sees Shares Rising

Automotive sector stocks in Europe and Asia soared on April 2 following the release of positive data. Shares in BMW, Daimler and Renault jumped 14.5 per cent, 13.6 per cent, and 12.8 per cent, respectively, while shares in Michelin increased 14.4 per cent. Shares in Continental AG are said to have risen by a similar amount. Investors have been encouraged by US vehicle sales, which jumped by nearly 25 per cent last month from February.

3rd April 2009/by Tyrepress Editors

Trelleborg Reports on ‘Turbulent’ 2008

In publishing the Trelleborg Group’s 2008 annual report, company president and CEO Peter Nilsson has commented that Trelleborg faces major challenges, but it can draw strength from its enhanced market positions. “2008 was a turbulent year in many ways,” said Nilsson. “An economic slowdown was anticipated by many, but nobody could foresee how rapid it would be. Following a favourable trend in the first three quarters of 2008, the downturn in the fourth quarter was dramatic.

1st April 2009/by Tyrepress Editors

TyrexpoAsia09 Dates Confirmed for 2011

Exhibitors attending the seventh staging of TyrexpoAsia in Singapore have praised the exhibition for exceeding expectations in the global recession. Despite many tyre businesses cutting international travel budgets, the three-day show still managed to attract a total of 2,985 visitors, just five per cent fewer than for the last staging in March 2007. Exhibitor numbers were up eight per cent at 135, although total exhibition floor space remained the same as companies opted for more economic stand design.

“Every show organiser wants to increase visitor numbers show-on-show but in these tough times we are very pleased that so many still decided to travel. We view that performance as more than acceptable taking everything into account,” said Paul Farrant, managing director of show organiser ECI International.

31st March 2009/by Tyrepress Editors

Bridgestone Americas Strengthens Distribution Network

Bridgestone Americas Tire Operations (BATO) has marked the official opening of its new tyre distribution centre in Jacksonville, Florida. The centre’s opening, says BATO, marks the latest step in its North America distribution centre modernisation programme.

With a capacity of more than a million tyres, ranging from small passenger and industrial tyres to those for medium and heavy-duty commercial vehicles, the Jacksonville centre will supply tyres and automotive parts to Florida, Georgia, South Carolina and North Carolina. In addition, the distribution centre will supply the entire United States with tyres produced in Latin America, and the eastern half of the United States with tyres from Japan and the wider Asia region.

25th March 2009/by Tyrepress Editors

Kumho Opens First Vietnam ‘Tire Pro’ Centre

On March 12, Kumho Tires announced the planned launch of its specialist ‘Tire Pro’ retail store in Vietnam’s Ho Chi Minh City, a country the South Korean manufacturer identifies as one that is “emerging as a promising market.” The Vietnam launch of Tire Pro follows the opening of branches in Korea and China.

Kumho has already opened tyre manufacturing and rubber processing plants in Vietnam, and the company says it now plans to launch Tire Pro branches in Vietnam and accelerate its efforts to penetrate the Southeast Asian market, in order to strengthen and expand its distribution channels in local markets.

24th March 2009/by Tyrepress Editors

A Global Concern

The increasing globalisation of the automotive industry is an indisputable fact. Today’s leading companies, such as Toyota, General Motors, Renault/Nissan, Volkswagen and a handful of others, view expansion into as-yet untapped markets as a means of ensuring the profitable growth that established – and increasingly saturated – markets cannot deliver. A replacement for the masses of two and three wheeled vehicles still serving as family transport in various parts of the world is a well recognised need, and in several emerging markets the race is on to introduce “people’s car” that offers the right blend of modernity, efficiency and price. Exactly who will be first to produce such a widely-accepted car remains to be seen: It may be one of the smaller international manufacturers that seizes the inititave, or perhaps an emerging market company such as India’s Tata or China’s Chery. What is more certain, however, is that the the companies best placed to grow in the future are those that locate their centres of production in the markets where growth is taking place – and this is every bit as true for wheels as it is for the vehicles they are fitted to.

24th March 2009/by Tyrepress Editors

Singapore MP: Tyrexpo Asia an ‘Important Platform for Buyers and Sellers’

TyrexpoAsia 2009 has been described as “an important platform for buyers and sellers and key decision makers in the global tyre and equipment market,” by prominent Singapore Member of Parliament Inderjit Singh MP. Mr Singh made the remarks during the show’s opening today (Tuesday 24th March) at the Singapore Expo Centre. He told a reportedly packed audience that the exhibition “created valuable opportunities to tap into a wealth of networking and business opportunities for event organisers and business delegates.”

Mr Singh, the deputy government whip, said that the automotive sector will be a key beneficiary of the success of Singapore as a centre for the rubber and tyre industries. The country’s pivotal position in the Asian tyre market is underlined by the presence of major companies with headquarters in the island state.

24th March 2009/by Tyrepress Editors

UniWheels – Now Number Three in Europe

The early 2008 acquisition of the ATS-Group’s European interests by the UniWheels group has led to the emergence of an aluminium wheel business that ranks number three in the European market. Subsequent to the purchase, which followed the insolvency of ATS Beteiligungs in July 2007, UniWheels has assumed the number three market position in Europe behind Ronal and Borbet (who produce approximately 12 million wheels per annum each) and ahead of Hayes Lemmerz and Turkish supplier CMS.

23rd March 2009/by Tyrepress Editors