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Decade of Action gets underway – Michelin signs on

International News, News

On May 11, 2011 – a date that coincides with the official global launch of the World Health Organization and FIA Foundation’s ‘Decade of Action’ – Michelin Group managing partner Jean-Dominique Senard added his signature to the Global Road Safety Commitment to support the Decade of Action for Road Safety, 2011-2020, a United Nations supported and promoted initiative. By signing the declaration, Michelin says it has reaffirmed its commitment to pursuing and further expanding its initiatives to improve road safety.

13th May 2011/by Tyrepress Editors

Increased capacity and 444 new jobs – Conti confirms US plant investment

In response to growing demand for Continental and General Tire brand passenger car and van tyres in Northern and South America, Continental Tire the Americas (CTA) has announced plans to invest US$224 million increasing capacity at its Mt. Vernon, Illinois factory. Following the recent signing of various contracts by Illinois Governor Pat Quinn, details of the investment were unveiled at a press conference at the plant on May 12; a key announcement was the creation of 444 new full-time positions over the coming four years.

13th May 2011/by Tyrepress Editors

Reports: Thai tyre and rubber industry slowing after Japan earthquake

Thai news reports are warning that “over 30,000 workers in the rubber-based industry have been affected” following the earthquake/tsunami disaster that hit Japan recently. Quoting figures issued by the Federation of Thai Industries (FTI), the reports cited FTI Rubber Based Industry Club President Dr Chayo Trangadisaikul as saying: “15 domestic car tyre manufacturers have reduced production capacity by 30 – 40 per cent and cut overtime operations; thereby, over 30,000 workers in the industry are affected.”

10th May 2011/by Tyrepress Editors

Eurotire Ukraine training centre opens its doors

Eurotire’s Ukraine training centre, located in Dnepropetrovsk, has opened its doors. According to the company, the Eurotire Training Center will act as an educational facility for Eurotire employees and customers alike. Training will include technical, safety, commercial, and industrial instruction. The aim of Eurotire’s training centre is said to be to further education in the mining industry regarding all OTR related matters. Jack James, a long-time OTR veteran and experienced OTR instructor, has been named director of the centre.

6th May 2011/by Tyrepress Editors

Sumitomo Rubber considering Brazil, India tyre factories

International News

Sumitomo Rubber Industries Ltd. is reportedly considering building tyre factories in the emerging BRIC markets of Brazil and India. Reporting on a business strategy meeting held in Tokyo on 28 April, online news sources wrote that Sumitomo’s president Ikuji Ikeda said demand for tyres is growing rapidly in both countries, so expansion into these markets has become topic of discussion at Sumitomo Rubber. Various sources have reported that Ikeda said the company intends to establish its own plants there, but “may consider forming joint ventures with local firms.”

3rd May 2011/by Tyrepress Editors

Conti on track for 10% sales growth in 2011

The first quarter of 2011 will form a “solid foundation” for Continental Corporation’s year as a whole, the tyre and automotive component supplier reported at its annual shareholders’ meeting. The complete report for the first quarter won’t be released until May 5, however at the April 28 event, Continental reported a 20+ per cent year-on-year sales increase during the first three months to more than 7.3 billion euros. EBIT, at nearly 634 million euros, was around 140 million euros higher than in the first quarter of 2010.

29th April 2011/by Tyrepress Editors

Elgi Rubber acquires Dutch rubber recycler

Elgi Rubber International Limited has announced the acquisition of a 100 per cent interest in Rubber Resources B.V. on 16 March, 2011. Elgi, headquartered in India, has operations in the USA, Brazil, East Africa and other parts of the Indian Subcontinent, focusing on rubber recycling, especially in tyres and retreading. Elgi says the acquisition “means a strong presence in Europe and big step towards being a worldwide supplier of reclaim to the rubber industry”.

20th April 2011/by Tyrepress Editors

Cooper begins 30th season of British F3 tyre supply

This weekend Cooper Tire enters its 30th season as exclusive tyre supplier to the Cooper Tires British Formula Three International Series, as the formula begins its 60th anniversary season this weekend. The series’ more international flavour of recent years will be represented by its first round taking place at Monza, Italy: one of four held outside the UK. Britain will see six events.

15th April 2011/by Tyrepress Editors

Autopromotec 2011: Organisers expect ‘excellent attendance by foreign exhibitors’

Just six months before the next edition Autopromotec, which will be held at the Bologna Exhibition Centre from 25 – 29 May 2011, the organisers are saying that the numbers of foreign exhibitors and buyer/dealer delegations confirmed so far are a “clear sign that the Bologna event is in pretty good health.”

To date, the number of exhibitors confirmed for Autopromotec 2011 remains at the record level seen at the last show in 2009, with an outstanding 35 per cent of foreign companies to highlight the increasing internationalisation aspect of the event. The increase in exhibition space seems to demonstrate that those who were there last time will be back. Only this time they are said to be booking larger spaces to increase their visibility in the professional automotive aftermarket sector. Indicators of this type, in a period which cannot be referred to as one of economic stability, are seen as ways the organisation committee has channelled efforts in the right direction.

4th April 2011/by Tyrepress Editors

BSM Technologies and EMS Technologies to distribute in Latin America

BSM Technologies Inc., a leading provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, and EMS Global Tracking, part of the Global Resource Management business of EMS Technologies, Inc. said (on 3 April) that they are extending their existing reseller agreement to distribute BSM’s SecTrack products and services to Latin America.

4th April 2011/by Tyrepress Editors

Marangoni establishes new Corporate Center in Rovereto

For more than a year the Marangoni Group has operated its retreading business out of a central holding company. The Italian retreader also recently established a new corporate headquarters at its Rovereto site and consequently closed its centre in Verona. These actions were taken in response to structural changes within the market that necessitate increased speed and responsiveness. In an interview with Tyres & Accessories, Marangoni Group CEO Massimo De Alessandri explained the company’s current position in terms of its consolidation, the motivations driving it and the future facing those parts of the company not belonging to its retreading business.

1st April 2011/by Tyrepress Editors

The Goodyear blimp is back

Is it a bird? Is it a plane? Is it a UFO? No, despite the scores of twitterers that misidentified the well-known motor-driven airship during a night flight over London, it’s the Goodyear blimp, which returned to European airspace during March after a 12-year leave of absence.

Over the last decade, Goodyear Blimps have flown over the USA, Brazil and China, but this news marks the first European tour since 1999. Between March and October, two Goodyear Blimps named Spirit of Safety I and Spirit of Safety II will visit 20 countries, with the tour starting in the UK. Shortly after the aforementioned night-flight over London, Tyres & Accessories went blimping on the Goodyear airship and found out a little more about the craft’s current mission.

28th March 2011/by Tyrepress Editors

Maxxis receives 2010 Ford Gold Award

At the Ford Motor Company’s annual World Excellence Awards, held on March 16, Cheng Shin Rubber was honoured by the vehicle manufacturer with a Gold Award, the highest recognition to Ford’s global suppliers. The Maxxis brand manufacturer was one of only 15 Gold Award recipients out of the 1,500 or so suppliers Ford obtains components from around the world and the only tyre maker amongst the 15. Wheel manufacturer Ronal also received a Gold Award, while Hayes Lemmerz was one of 26 Silver Award recipients.

25th March 2011/by Tyrepress Editors

Yokohama outlines 2011 motorsport activities

Motorsport is viewed by Yokohama Rubber as a “key aspect its efforts to develop its global tyre business,” and with this in mind the Japanese tyre maker says it will “strive to increase the degree of recognition of the Yokohama tyre brand through a wide range of motor sports activities in Japan and around the world.” On March 24 the company announced its global motorsport plans for 2011.

24th March 2011/by Tyrepress Editors

Vipal sponsors European truck racing team

Having sponsored teams in several Brazilian motorsport categories, Brazil-based retreader Vipal has begun sponsorship of the Buggyra team in the 2011 European Truck Racing Championship. “Vipal and Car and Truck Racing have been shoulder in shoulder since the company´s foundation. For thirteen years we have sponsored the Formula Truck in Brazil, contributing to the success of the category in the country. Now, due to Vipal´s expansion in Europe, we have decided for this sponsorship. Furthermore, what’s even better is that we get started in this new phase together with the current champion of the category”, explains Maria Locatelli, Vipal sales and marketing director.

22nd March 2011/by Tyrepress Editors