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NTDA Tyre & Fast Fit Awards Nominations 2010

Wednesday 6 October is the date when the winners of 2010 Tyre and Fast-Fit (TAFF) Awards – the sixth year of the awards – will be revealed at the NTDA's Annual Dinner. But there's a long way to go before then, as the list of nominated companies has only recently been published, with voting forms appearing in last month's and this issue of Tyres & Accessories. Once again, we are the media partner for the TAFF Awards and are sponsoring the "Industry Advertising Campaign" category.

As in previous years, customers are invited to choose a company from each of five short lists in the following categories: Tyre Manufacturer of the Year, Wholesaler of the Year, Industry Advertising Campaign, Tyre & Aftermarket Equipment Supplier of the Year and the Environmental category. Look out for articles detailing each of the categories in our e-Newsletter over the next few days and a complete run-down of the nominations in the August issue of the magazine. First off – Tyre Manufacturer of the Year.

29th July 2010/by Tyrepress Editors

MAI Hails Panama Show ‘A Great Success’

Following its appearance at Reifen 2010 in Essen and, just four weeks later, Italian radial OTR tyre manufacturer MAI International took part in the Latin American & Caribbean Tyre Expo, held on the other side of the world in Panama City. MAI Group CEO Ian Thomas declared the event "a great success", saying: "It was a terrific show for us and proved an ideal showcase for our MAXAM range of OTR tyres."

He went on: "This is the first time we have exhibited at a show in this region and, not only was there a lot of interest shown in our products, but we did some very good business and took a number of firm orders for tyres."

20th July 2010/by Tyrepress Editors

Evonik to Close Botlek Carbon Black Plant on 31 July

Evonik has announced that it will close its Botlek, Netherlands carbon black plant on 31 July 2010 as part of a production “realignment” programme. Plans are said to be in place for the site to continue as a supplier of energy to businesses located in the vicinity for the news few years. "While the Botlek facility has always excelled in quality and efficiency, the market has moved away from Northwest Europe. Botlek’s great performance is, unfortunately, not enough to overcome the logistical disadvantage", said Jack Clem, Evonik’s head of Carbon Black.

According to the company, the guiding principle behind the realignment of Evonik's European carbon black production capacities is “closer to the customer.” Their view is that, with the carbon black market in Western Europe is increasingly shifting towards Central Europe and that the main drivers of this change are the major tyre manufacturers and producers of mechanical rubber goods.

2nd July 2010/by Tyrepress Editors

Michelin to Double PCR & LTR Capacity in Growing Markets by 2012

At an Exane BNP Paribas seminar on June 11, Michelin outlined its intention to double passenger car and light truck tyre capacity in growth regions by 2012 and to increased truck tyre capacity by 40 per cent within this timeframe. This growth will in part be facilitated by the construction of three greenfield plants – a new US$800 million truck tyre facility in India, an $800 million passenger car and truck tyre factory in China, and a passenger car tyre facility in Brazil. All three plants are anticipated to enter production in 2012.

14th 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

VMI Appoints Harm Voortman as CEO

Rubber and tyre industry equipment manufacturer VMI Group has appointed HJ (Harm) Voortman as the company’s new president and chief executive officer. Voortman takes over on 1 July 2010 and succeeds JJ (Coos) Spanjer who held this position since 1992.

2nd June 2010/by Tyrepress Editors

Reifen – Center Hofdmann Celebrates 25 Years

Wittmund, Germany based Reifen – Center Hofdmann celebrated its 25th anniversary on 24 April 2010. The company, which Brazil-based retreading materials supplier Vipal Europe described as “a long term customer,” recently opened a new production hall focussing on the repair and retreading of truck, agricultural and earthmover tyres. This production line was established following the transfer and centralisation of the company’s equipment from its previous premises. In addition, since April, the company has also stocked retreading materials in the new production hall.

28th May 2010/by Tyrepress Editors

Challenge Bibendum Gets Underway Sunday

On Sunday May 30 the 10th Michelin Challenge Bibendum gets underway. This year the five-day event is being held in Rio de Janeiro, and Michelin states that during the course of the week it will present future generations of its low fuel consumption tyres, the first prototype tyres for electric vehicles (which can reportedly increase vehicle operating range by almost ten per cent) and motorised wheels plus the Michelin Active Wheel, both products intended to optimise the design of electric and hybrid vehicles.

28th May 2010/by Tyrepress Editors

Curve Ball – Is Football a Better Sponsorship Investment Than Motorsport?

Editorial/Comment

While Michelin, Pirelli, Cooper, Kumho and – apparently – two other firms were battling it out to win the 2011 Formula 1 tyre supply deal, Continental AG was busy adding another championship to its football sponsorship portfolio. Conti’s decision to become a ‘premium’ sponsor of the DFB (German Football Association) Cup in its home market in addition to the firm’s global sponsorship of this year’s World Cup and the 2014 event in Brazil, demonstrates some typically Teutonic pragmatism.

Rather than get involved in a bidding war that presents the winner with a logistic nightmare and a huge multi-million pound/euro/dollar bill, their thinking is that investing in a variety of top level football sponsorship deals reaches just as many potential customers. And this is without the associated hassle of having to develop, custom build, test and deliver some of the most expensive tyres in the world. True there is all the associated automotive excitement that comes with F1 support, but this way there’s no chance of your tyres making an equally public spectacle of themselves either, leaving the marketing department (and the R&D department) free to concentrate on other things.

27th May 2010/by Tyrepress Editors

Conti Furthers its Football Sponsorship

Continental AG has added another championship to its football portfolio. In addition to its global sponsorship of the 2010 FIFA World Cup in South Africa and 2014 event in Brazil, the tyre maker has become a ‘premium’ sponsor of the DFB (German Football Association) Cup in its home market.

26th May 2010/by Tyrepress Editors

Brazil to Overtake Germany Vehicle Sales: Financial Times Report

A Financial Times report published today suggests that Brazil could overtake Germany in terms of vehicle sales as early as this year, depending on a predicted 20 per cent decline in Europe’s leading market. Last year, Brazil was the fifth largest market for new vehicles, buoyed by its increasing wealth based on resources, the newspaper says. Quoting senior analyst at PwC Michael Gartside, John Reed writes that the light commercial vehicle market is crucial to this prediction, with Germany still larger in terms of passenger car sales.

25th May 2010/by Tyrepress Editors

Michelin Data Confirms Market Uptick

Information released by Michelin on July 19 paints a very similar picture of the current global tyre market as the Pirelli information published two days earlier. The French manufacturer reports a 13.4 per cent year-on-year growth in the European (including Turkey, excluding Russia) passenger car and light commercial vehicle tyre replacement market during April 2010, and a 21.2 per cent growth in the original equipment sector. This represents a year-to-date growth of 10.4 per cent for the replacement market and 33.6 per cent for original equipment. The replacement truck tyre market is reported to have grown 22.7 per cent, while the original equipment sector showed a year-on-year growth of 58.8 per cent during the month. Year-to-date, Michelin’s figures show the replacement truck tyre market to have grown 34.7 per cent, while growth in the original equipment sector is reported to be 10.7 per cent.

21st May 2010/by Tyrepress Editors

ContiTech Opens Brazil Factory

International News

Contitech has opened a new production facility in Ponta Grossa, Brazil, for textile and steel-cord conveyor belts, creating a stronger foundation for the company’s activities in the Central and South American region. The new 5,000m2 facility is designed to produce 300km of textile and steel-cord conveyor belting annually and has created over 60 new jobs. The total amount invested so far by ContiTech in the factory, machinery and equipment amounts to more than 10 million euros.

18th May 2010/by Tyrepress Editors

Michelin Will Take Role in Industry Consolidation

Michelin wants to play its part in the consolidation of the tyre industry, the company’s director of financial operations, Marc Henry told Germany's Boersen-Zeitung. According to these reports and others circulated by the Reuters news agency, Michelin will not simply remain an observer, “depending on the possibilities” of the market. Nevertheless this does not mean the company is likely to surrender its "societe en commandite par actions" status which protects it from takeover attempts as it concentrates power in the hands of the company's founding family.

12th May 2010/by Tyrepress Editors

Pirelli Examining Real Estate Spin-Off

Pirelli & C. SpA confirmed yesterday (3 May 2010) that its board of directors is meeting today “to examine, among other things, the transaction for separation of Pirelli Real Estate from the Pirelli Group.” According to various sources, the timing of the meeting (a day before the company’s first quarter 2010 results presentation) suggests that the company is likely to announce a spin-off of the real estate business tomorrow 5 May. Deutsche Bank analysts estimate that the move is worth 0.04 euros a share or 8.5 per cent of market capitalisation.

4th May 2010/by Tyrepress Editors