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First phase of BKT’s Bhuj plant commissioned

India’s Hindu Business Line reports that the first phase of Balkrishna Industries’ new Bhuj facility has been commissioned and production at the site has begun. First phase capacity is 25,000 tonnes, with approximately 60 per cent of total capacity dedicated to the manufacture of radials. When in full production it will have a capacity of 120,000 tonnes. The company will boast a total annual capacity of 270,000 tonnes when the project is ready in 2015.

17th October 2012/by Tyrepress Editors

Trial production starts at BKT’s Bhuj plant

BKT reports it has produced its first test batches of solid tyres at the company’s new Bhuj factory in India’s Gujarat state, and commercial production of tubes manufactured there has already commenced.

16th March 2012/by Tyrepress Editors

Market share goal in sight: BKT aiming for 32% rise in production

Indian off-road tyre specialist BKT appears on track to reach its market share goal ahead of schedule. In a statement released on 17 February, company vice-chairman and managing director Arvind Poddar announced that due to current growth the tyre maker’s aim of becoming a global leader in off-highway tyre solutions with a ten per cent market share should be reached in 2014 rather than 2015.

17th February 2012/by Tyrepress Editors

RH Claydon manager retires

Jim Parker retired on 18 November 2011 after 37 years in the tyre industry. Parker initially joined Kleber in 1974 as a tyre fitter for its competition department. During his time at Kleber, he took on various job roles including being in charge of the day to day running of the competition department and attending most major rally and race meetings, assisting the tyre manufacturer to six consecutive years of winning the production saloon car and production sports car championships. According to the company, Jim Parker was instrumental in the development of the radial race tyre, which was used intensively on tarmac rally events.

21st December 2011/by Tyrepress Editors

Australian BKT distributor praises show visitors’ generosity

Tradefaire International, who distributes the BKT range in Australia, wishes to thank all those who contributed to its fundraising for the Royal Flying Doctor Service. The company exhibited the Indian manufactured range at the recent Agquip Agricultural Field Days, which were held in the New South Wales town of Gunnedah between August 16 and 19. During the show Tradefaire handed out footballs and rugby balls for a gold coin donated, with 100 per cent of the money received going to the Flying Doctors.

23rd August 2011/by Tyrepress Editors

New forestry tyre from Alliance

Alliance Tire Americas has launched the Primex LS Xtreme LS-2, a new radial forestry tyre, reports Tire Review. The new tyre features a variable-angle, tapered lug design for “exceptional performance in a wide array of terrain and soil conditions,” Alliance said. “It’s exceptionally stable on steep hillsides, delivering market-leading traction in virtually all soil conditions: sand, mud, clay and everything in between.”

18th August 2011/by Tyrepress Editors

BKT introduces new sizes in North America

BKT Tire (USA) has added a number of new sizes to some several US and Canada market product line-up. The tyre maker’s FL 639 flotation radial has a size 560/45R22.5 added to its roster. The on/off-road agricultural implement and trailer tyre was designed for high load capacities at low inflation pressures for minimum soil compaction, and its wide footprint is ideal for soft soil conditions, BKT said.

11th August 2011/by Tyrepress Editors

BKT reports Bhuj plant progress on schedule

Indian off-road tyre specialist BKT reports progress on construction work at its new factory in Bhuj, Gurarat state is “perfectly in line with schedules.” Work began on the greenfield facility last December and the company anticipates its completion in the third quarter of 2012.

10th August 2011/by Tyrepress Editors

BKT expands North American range

BKT Tire (USA) has added four new products to its agricultural range and a go-kart tyre in the USA and Canada, reports Tire Review. The two new tyres to the market are the BKT TF 9090, which was created for front axle fitment on tractors. It has three ribs for increased traction and stability on wet soil, according to the manufacturer, and is available in size 4.00-12. The SM 68 is a new go-kart line available in size 11×6.0-5.

13th July 2011/by Tyrepress Editors

GKN selects Kirkby as UK partner

GKN, one of the world’s leading manufacturers of agricultural and off highway wheels, has chosen Kirkby Tyres as its UK partner for the OE and replacement markets in the UK and Ireland. Kirkby thus takes responsibility for distributing the company’s line-up, which ranges from 12 to 26-inch fitments. GKN is well known as a supplier to major OEM’s including JCB and many other leading trailer and implement manufacturers worldwide.

5th July 2011/by Tyrepress Editors

Kirkby Tyres Promotes New Double Coin Truck Tyre Sizes

Liverpool-based wholesaler Kirkby Tyres is promoting the latest additions to its Double Coin range of “non premium” truck tyres. According to the company, three new 19.5-inch low profile tyres in sizes 445/45R19.5, 435/50R19.5 and 385/55R19.5 were recently added to the range. To complement these, a selection of low profile 22.5-inch tyres have also been released in 295/60R22.5, 315/60R22.5 and 385/55R22.5. Double Coin products are already available in 17.5, 20, 22.5, 24 and 24.5 variants.

6th September 2010/by Tyrepress Editors

BKT-Equipped Tractor Wins World Ploughing Crown

A BKT-equipped tractor and plough has won first prize in the 2009 World Ploughing Contest (WPC) reversible category. The 56th WPC, held in Moravske Toplice, Slovenia between 4 – 5 September saw Belgian Roel Cuyvers crowned as champion in the reversible category, driving a Massey Ferguson tractor fitted with BKT-Agrimax Tractor Radials. Third prize winners – Liam O’Driscoll from Ireland in the reversible and Hardy Andersen from Denmark in Conventional category, also ploughed on BKT Agrimax tyres tractors (fitted to Lamborghini & Massey Ferguson tractors respectively).

7th September 2009/by Tyrepress Editors

Kumho Appoints New Nigerian Distributor

International News

Kumho has returned to the Nigerian market following the naming of a new national distributor. Super Tyres and Motor Limited have been appointed to the role, reports Koh Bongyoon, Kumho’s international marketing manager, Africa operations. At a media briefing in Lagos, Super Tyres and Motor brand manager Aloke Sharma said the company aimed to position Kumho above competition in the premium segment.

According to Aloke, Super Tyres and Motors plans to hold at least 20 per cent market share for passenger car tyres within the first six months of Kumho tyre sales. The company is also the sole Nigerian distributor for GT Radial, Vikrant, DoubleCoin, BKT and Techking.

11th November 2008/by Tyrepress Editors

Former BKT CEO & Equity Firm Buy Alliance Tire

Former Balkrisha Tyres CEO Yogesh Mahansaria and global private equity company Warburg Pincus have jointly acquired Israel’s Alliance Tire Co. for approximately US$150 million. The new owners intend to establish a greenfield facility in India to complement the agricultural and OTR tyre specialist’s existing Israel based production, with the facility in India serving as a site for the low cost sourcing of products.

Joseph Anglister, president of Alliance Tire said “we welcome the new ownership. An investment by a leading international investor such as Warburg Pincus combined with Yogesh Mahansaria’s extensive experience in the off-highway tyre industry will provide an impetus to our long-term objective of growing Alliance’s product library, strengthening our relationship with existing customers and tapping new markets.”

12th July 2007/by Tyrepress Editors

A Family Affair

The next generation of the Poddar family, who control the £175 million Siyaram group, is getting ready to take the baton from their elders. Rajeev Poddar has recently joined his father Arvind at the group’s flagship company, Balkrishna Industries, which manufactures OTR and agricultural tyres in India under the BKT brand name. Avnish and Gaurav Poddar have also joined the family controlled business, this time taking on roles at Siyaram Silk Mills, the group’s textile business.

The Poddar family recently undertook a management restructuring of the Siyaram group’s subsidiary companies, confirming management of Balkrishna Industries by Vinod and Arvind Poddar, sons of the late Mahavirprasad Poddar. The other branch of the Poddar family, the sons of Dharaprasad Poddar, remain in charge of the company’s textile business. However both families continue to hold equal stakes in each of the group’s companies.

Last year the Poddars sold a 7.43 per cent stake in Balkrishna Industries to private equity firms Evercore and Chryscapital in order to fund the company’s future expansion plans.

20th March 2007/by Tyrepress Editors