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Formula One in Abu Dhabi “Strategically Important” for Bridgestone

While the final Grand Prix of the Formula One season could be thought of as a dead rubber – Jenson Button and Brawn GP having sewn up the Drivers and Constructors Championships in Brazil – the event holds substantial interest for tyre provider Bridgestone, as the company heads to Yas Marina for the first ever meeting at Abu Dhabi. The new 5.5km circuit, described as “exciting” by the tyre-maker, will see 1,800 tyres of medium, soft and wet compound Potenzas between 30 October–1 November and the company will be keen to see how the rubber performs, with the venue sure to see more action in the coming seasons, in addition to the strategic importance of the Middle East region to the manufacturer. The combination of medium and soft has been seen previously this year in Belgium and Italy.

28th October 2009/by Tyrepress Editors

Button Wins First F1 Title in Brazil Following Barrichello Puncture

Jenson Button overcame his worst qualifying performance of the 2009 Formula One season to collect a vital fifth-place finish; a placing that turned out to be decisive in this season’s Drivers Championship, as Sebastian Vettel and Button’s Brawn team-mate Rubens Barrichello – who started on pole in his home Grand Prix – failed to pick up enough points to take the fight to the last Grand Prix in Abu Dhabi. Button started from 14th on the grid, but composure under pressure during an exciting race – coupled with Barrichello’s unfortunate puncture when he was in third place – allowed him to go into the final race of the season assured of his championship title. Barrichello had reason to smile too, though; their combined points also secured the Constructor’s Championship for Brawn GP in its debut season.

19th October 2009/by Tyrepress Editors

Thumbs-Up for Michelin’s Diversity

Its tyres may all be black and round but the team at Michelin are a far more diverse group, and this has been acknowledged by a group of French organisations specialising in issues related to diversity. On October 1, Michelin was awarded a Trophée de la Diversité 2009 in recognition of its commitment to innovative methods of promoting diversity.

6th October 2009/by Tyrepress Editors

New Nexen President Opens Middle East Office in Dubai

No sooner had Travis Kang been appointed to the position of President of Nexen Tire (on 5 January), than he set off on visits to strategic markets such as the US, France, Saudi Arabia, Hong Kong, China – reportedly visiting each a few times. After one such week-long visit to the Middle East markets, he made a proposal to company executives: “After seeing the market of Middle East, I truly believe Dubai is the bridgehead for the new market. Let’s open a branch there immediately.”

Nexen Tire Dubai covers the strategic markets of Dubai, Saudi Arabia, Iran and North African markets. The Dubai branch opened in August, just four months after the initial proposal was made.

29th September 2009/by Tyrepress Editors

Brazil Ends Retread Ban Discrimination

Brazil has informed the World Trade Organization it has now come into compliance regarding its used tyre trade dispute with the European Union. The WTO ruled that Brazil’s ban on retreads from the EU discriminatory as it permitted them to be imported from other South American countries. To rectify the situation, Brazil has outlawed the importation of such tyres, regardless of their origin.

28th September 2009/by Tyrepress Editors

Hankook Confirms it is Considering 6th Production Facility

When Hankook executives announced details of their plans to expand production at the company’s Dunaujvaros, Hungary factory earlier in September, the Financial Times reported that either an Indian or Malaysian plant are next on the list. In answer to Tyres & Accessories/tyrepress.com questions, Calvin Pak, Hankook team manager corporate communications, explained that these countries are indeed being considered, but that sites in Mexico and Brazil are also being looked into. Acquisitions of existing plants or companies are also said to be an option. However, no final decisions have yet been made.

28th September 2009/by Tyrepress Editors

Michelin Publishes Rio Green Guide

For the first time, Michelin Maps & Guides is publishing a Green Guide to the main tourists sites in and around Rio de Janeiro, a city that is, notes the French firm, celebrated for its music, sun, beaches, Carnival and joie de vivre. The 288-page guide leads the reader through the labyrinth of streets in this city of more than 14 million people, a candidate city to host the 2016 Olympic Games.

24th September 2009/by Tyrepress Editors

RUD-Erlau Gains Stream of New Orders

Fresh from an order to fit several sets of tyre protection chains for load-out duties at an Iraqi cement plant, RUD-Erlau, reports that service is the key to gaining new orders in straitened times. With its customers in mind, RUD-Erlau recently has invested 10 million euros in extending and up-grading the facilities at their plants in Germany, Romania and Brazil.

A family-owned company with a 130 year history in industrial chain making, RUD-Erlau’s sales manager
Francesco Di Giusto heads a 24 strong team of qualified engineers with a wealth of experience in the world’s materials handling industries. According to the company, their combined knowledge of mining, quarrying, slag handling, demolition, forestry and other wheeled operations ensures that customers receive expert support throughout – from choosing the right tyre chain for your application – to installation and life-of-product after-care. This they say is what keeps orders coming in a recession.

21st September 2009/by Tyrepress Editors

Hayes Lemmerz Realigns Global Operations

As of September 1 Hayes Lemmerz International has realigned its global operational sites into three regions. According to company president and COO Fred Bentley, "The purpose of the realignment is to become more strategically focused in the operation of the business by aligning the organisation into specific regions. This realignment allows us to continue our global focus on the customer base while creating additional efficiencies from the functional support groups. This is a great move for our business and allows us to continue to develop our future leaders." Mustafa Zaim, managing director of Turkish Operations, will continue in his present role as managing director and will also assume the additional responsibilities coordinating Global Materials management as well as act in an advisory capacity to the EAAP region on operational matters. Zaim will continue to report to Mr. Bentley.

21st September 2009/by Tyrepress Editors

TIA ‘Deeply Disappointed’ in Tariff Decision

The Tire Industry Association said it is “deeply disappointed” in the Obama Administration’s decision to place added tariffs on imported China-made passenger tyres. The association, which made no prior public statements regarding the situation, issued a statement yesterday calling the decision “politically motivated.”

15th September 2009/by Tyrepress Editors

Brazil Imposes Tax On Chinese Tyres

International News

The Brazilian Chamber of Foreign Commerce has imposed an additional tax of US$ 0.75 on each kilo of tyres imported from China. The decision was taken, says the CFC, as an anti-dumping measure to protect domestic markets and the new tax will come into force immediately. However, it could have been worse; at the same meeting the CFC also imposed a levy of US$ 12.47 on each pair of shoes imported from China.

11th September 2009/by Tyrepress Editors

The Hindu: Indian Tyre Exports Down 22% in July

A report published by Indian newspaper, The Hindu states that while the country remains an important hub for passenger car exports, its tyre makers appear not to be keeping up. Citing a report by the Automotive Tyre Manufacturers Association, the paper reports in its Business Line section that “automotive tyre exports fell 22 per cent in July to 446,418 units against 571,479” in 2008, while quarterly exports fell “22 per cent to 1,558,393 units (2,042,428 units).”

9th September 2009/by Tyrepress Editors

Emilio Bolla Takes Over at Marangoni China.

Emilio Bolla has been appointed general manager of Marangoni Group’s Shanghai branch. Marcello Gambarini, who held this position throughout the company’s initial exploration, will now return to Italy, where he will continue to supervise activities in China and follow the group’s development in Asia. According to a company statement, Bolla previously worked as a project product manager, a sales & marketing manager and as a general manager, acquiring “profound knowledge of the Chinese market.”

8th September 2009/by Tyrepress Editors

Report: July Sell-in Market ‘Stabilising’

European and worldwide tyre markets are finally stabilising, according to a report released today (3 September). Writing in response to the latest round of market figures issued by leading French tyre manufacturer, Michelin, market analysts at Morgan Stanley described their view of the current market conditions as “slightly better than our expectations.” Despite highlighting the fact that the data continues to show negative year-to-date growth rates in almost every market, the analysts focused on the fact that the pace of the decline “showed material improvements compared to year-to-date trends and it looks on track to exceed our volume forecast for the quarter.

3rd September 2009/by Tyrepress Editors

Marangoni Manufacturing Ringtreads for the World

In its Ringtread treads the Marangoni Group has a product that has been effectively developed since its introduction in the 1970s. When the Italian tread manufacturer and retreader took over Germany’s Ellerbrock GmbH in 1990, the share of total production dedicated to Ringtread production was no more than 20 per cent. Today global share has grown to around 50 per cent; Ringtreads are manufactured in Ferentino, Italy, at Ellerbrock in Germany, in Nashville, USA, and in Belo Horizonte, Brazil. Presently in Europe around 55 per cent of treads sold by the Marangoni Group are Ringtreads. And, according to Guiseppe Ferrari, managing director of Marangoni’s Retreading Systems business unit, a still higher European market share is possible.

3rd September 2009/by Tyrepress Editors