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Vipal opens additional US distribution centre

The DC, located in Los Angeles Vipal is opening a new distribution center (DC) in the city of Los Angeles, California in the USA. The company reports that it will serve the Western regions of the United States and Canada. Vipal already has two other DCs in the US – one in Florida and another in Virginia. With the addition of this new investment, Vipal will have a structure with a capacity of 1,500 positions for pallets. The Los Angeles DC is being run by local partner JAS Forwarding (which also operates the Florida DC).Vipal describes the move as a way of boosting its presence in the country, which will enable further growth in the world's largest market for retreaded tyres, the US.

5th September 2013/12,345 Comments/by Tyrepress Editors

Triangle: no Russian tyre plant…for now

International News, News

Triangle Tire representatives have denied online reports that the company is planning to invest in a Russian tyre production facility any time soon. Following online reports which surfaced in August, Tyres & Accessories contacted the company and its UK importer TYM International. According to TYM managing director Steve Eke, there were talks with Russian government officials along these lines last year, but at the start of 2013 the decision was taken not to follow these through any further.

2nd September 2013/12,345 Comments/by Tyrepress Editors

Conti releases ‘World Cup’ tyre in Brazil

Motorists in Brazil, host country for next year’s World Cup, now have the chance to buy an officially-endorsed commemorative tyre. Continental has launched a World Cup edition of its ContiPowerContact, complete with footballs and FIFI World Cup logo on the sidewall. The tyre’s release is being supplemented by an extensive advertising campaign in print and electronic media, radio and television.

22nd August 2013/12,345 Comments/by Tyrepress Editors

Late 2014 production start for Pirelli JV plant now expected

Work on the Indonesian joint venture motorcycle factory part owned by Pirelli is underway following the recent groundbreaking ceremony in Subang, West Java. The Italian tyre maker is 60 per cent shareholder in the PT Evoluzione Tyres (Evoty) joint venture, with Indonesia’s PT Astra Otoparts Tbk holding the remaining 40 per cent.

20th August 2013/12,345 Comments/by Tyrepress Editors

Resurgent US a region of vast potential – Onkar Kanwar

Shareholder response to Apollo Tyres’ acquisition of Cooper Tire & Rubber has been mixed and several institutional investors petitioned the tyre maker in July to reconsider its decision. Apollo’s share price currently hovers around Rs 61, about two thirds the going rate before the company announced the planned purchase. Against this backdrop, company chairman Onkar S Kanwar’s address to shareholders at the Apollo Tyres 2013 annual general meeting framed the US$2.5 billion transaction as a necessary response to changing market conditions.

8th August 2013/12,345 Comments/by Tyrepress Editors

Lanxess revises full-year, 2014 projections following Q2 decline

Although it retains a positive view of long-term developments, Germany’s Lanxess AG has admitted its current performance falls short of the company’s own expectations. Board of Management chairman Axel Heitmann spoke frankly upon the release of the specialty chemicals firm’s second quarter 2013 results – figures that include a 95 per cent year-on-year drop in net income.

6th August 2013/12,345 Comments/by Tyrepress Editors

Brazil increases, extends tariff on Chinese PCR imports

International News, News

Brazil’s Chamber of Commerce (Camex) has reviewed and extended its anti-dumping duties on passenger car tyres manufactured in China. In late July it published a list of duties to be charged on tyres covered by Mercosul Common Nomenclature (NCM) 4011.10.00, specifically new 65 and 70 series, 13 and 14-inch rim diameter passenger car radials.

31st July 2013/12,345 Comments/by Tyrepress Editors

Michelin: H1 performance ‘in line with objectives’, net income down 45% yoy

Upon announcing first half 2013 results, Michelin voiced its expectation that mature markets will continue their recovery from last year’s weakness in the remainder of the year, while expansion should be seen in emerging markets. Should this trend play out, the French manufacturer sees itself in good stead to achieve its projected full-year volumes. This is all well and good, however Michelin’s reportage of its latest results said little about the first-half bottom line, which is markedly down on the same time last year.

25th July 2013/12,345 Comments/by Tyrepress Editors

Vipal rewarded for export market diversification

Vipal has been recognised for its activities in international markets in an awards ceremony hosted by Porto Alegre trade association ADVB. President Arlindo Paludo received the 2013 Export Award for Market Diversification on 8 July, joining other exporters from the state of Rio Grande do Sul in a variety of categories. Paludo said: “This award is one of the fruits of Vipal’s entire 40 year history. We have always bet on developing products featuring high quality and technology, and have never set environmental preservation aside. It’s a great pleasure to see important competitions like the Export Awards recognizing that.”

23rd July 2013/12,345 Comments/by Tyrepress Editors

Tyre markets – June 2013

The latest figures from Michelin show growth in Europe’s (including Russia and Turkey) tyre markets during June. Both the original equipment and replacement passenger car and light truck tyre markets enjoyed a year-on-year rise; original equipment markets were two per cent above those in June 2012, while the replacement market showed a three per cent increase. Year-on-year growth for Europe’s original equipment heavy truck market amounted to two per cent, with five per cent growth seen in the replacement market.

17th July 2013/12,345 Comments/by Tyrepress Editors

Our sponsorship reaches 100% of core target group – Continental

These days it seems every tyre maker and his dog participate in motorsport. This is fine of course, and a good way to boost brand awareness. But serving as a tyre supplier involves considerable product development costs, not to mention the logistics and planning associated with each championship round. And motorsport sponsorship only reaches a particular target audience – unless, as we’ve seen throughout this year, in cases where the tyre supplier finds itself on the receiving end of negative media attention.

11th July 2013/12,345 Comments/by Tyrepress Editors

Marangoni opens Argentina Ringtread plant

Marangoni Retreading Systems has inauguration a new manufacturing plant in Argentina, in the city of Alvear, Santa Fe. This new plant brings the total number of sites operating around the world and featuring Ringtread lines to five, all part of the Marangoni Group division specialising in pre-cure retreading.

5th July 2013/12,345 Comments/by Tyrepress Editors

Lanxess opens first Russian facility

Less than a month after inaugurating its 100,000 tonne per annum butyl rubber plant in Singapore and six weeks after launching a new curing bladder facility in Brazil, Lanxess has celebrated the opening of another production site that will serve the tyre and automotive industries. The company’s first facility in Russia, a polymer-bound rubber additives plant operated by its Rhein Chemie subsidiary, officially opened on 4 July, creating around 40 jobs; a second facility at the plant site in Lipetsk, which will produce bladders for use in tyre production, will open in 2016.

4th July 2013/12,345 Comments/by Tyrepress Editors

Ecclestone approves tyre tests, rubbishes possible driver boycott

Bernie Ecclestone has given Pirelli the go-ahead for two three-day tyre tests during the 2013 season with a current F1 car – little over a week since an international tribunal reprimanded the tyre manufacturer and the Mercedes team for the way in which they conducted a previous 1,000km test. While the news follows the number of deflations that occurred at the British grand prix on the Sunday, the Formula One boss revealed the changes were made as a result of a meeting held on the Saturday between FIA president Jean Todt, Pirelli Motorsport director Paul Hembery and Ecclestone himself. Ecclestone also stated his opinion on talk of a driver boycott of the German grand prix if nothing is done to solve the tyre problems at Silverstone: "I don't think that will happen. I don't think it's something we need to address," he told the BBC.

1st July 2013/12,345 Comments/by Tyrepress Editors

Brazil investigating tyre dumping claims

In late May, Brazilian tyre industry association the ANIP (Associação Nacional da Indústria de Pneumáticos) reported that the country’s tyre production only increased four per cent during the first four months of 2013, despite a year-on-year growth of 17 per cent within the automotive industry between January and April. ANIP blamed this growth congruence on increased tyre imports, prompting association president Alberto Mayer to comment that many imported tyres were not legal imports, were of a quality below that set out by national accreditation body Inmetro, and avoided the end of life tyre handling fee charged on domestically-produced tyres.

20th June 2013/12,345 Comments/by Tyrepress Editors