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Michelin Invests $65.3 Million in Truck Tyre Capacity Expansion

(Akron/Tire Review) Groupe Michelin has announced plans to expand truck tyre capacity at its plant in Tours, France. Last month Tyres & Accessories learnt that Michelin would close down truck tyre production at the nearby Poitiers plant. A portion of the capacity from the Poitiers plant will be incorporated into the Tours facility, and the Poitiers plant will be converted into a warehouse, Michelin said. The manufacturer has already spent about $180 million on the Tours plants since 2000.

Michelin stated it would spend $65.3 million to expand capacity at Tours by 25 per cent, to more than 1 million units. This investment will continue through 2007, Michelin said. A spokesperson reportedly said that a large portion of the investment is earmarked for super-wide tyres (including the X-One) and low-profile tyres.

28th July 2005/by Tyrepress Editors

Varta Buys Delphi Battery Business

Varta is set to strengthen its already dominant position of OE car battery supplier in Europe through the acquisition of the European battery business of Delphi Corporation. The acquisition came into effect 1 July, following approval by the European Commission under antitrust laws.

28th July 2005/by Tyrepress Editors

Yokohama Thai Subsidiary Officially Opens

(Akron/Tire Review) Yokohama Tire Manufacturing (Thailand) Co, a subsidiary of The Yokohama Rubber Co, held its grand opening ceremony on 15 July.

18th July 2005/by Tyrepress Editors

JK Tyre Plans Latin American Production

JK Tyre is looking into the possibility of expanding its bias tyre production by making strategic share acquisitions in Latin America. “The demand for tyres, both in India and the international markets, is at a high. While we are expanding our production capacities in India, we also feel the need to source tyres from other markets to feed the growing demand,” said JK Tyre VC and MD Raghupati Singhania.

At the same time JK Industries’ Mysore plant rolled out its millionth truck radial, marking a milestone for the company. The one-millionth tyre was presented at a function at the former Vikrant Tyres Truck Radial Tyre Plant that was acquired by JK Industries in 1996. Speaking on the occasion, deputy chief minister Siddaramaiah said the government’s decision to divest its stake in Vikrant Tyres had been vindicated. He said the capacity of the plant had increased from 100 tonnes in 1996 to 213 tonnes a day at present.

14th July 2005/by Tyrepress Editors

Varta Streamlines Blue Dynamic Range

Varta has embarked on a programme to enhance its premium Blue Dynamic range of replacement batteries, giving it virtually complete coverage of the UK car parc.

13th July 2005/by Tyrepress Editors

Sapphire Construct New Site

Sapphire Energy Recovery is to open a new tyre processing site at South Trafford park near Manchester. The facility is set to be operational by January 2006 and will serve the surrounding and near-by conurbations. The new plant will begin processing 25,000 tonnes annually with the capacity to increase up to 50,000 tonnes.

“This latest development is an excellent opportunity to serve our customers where the tyres are. This way our customers can spend more time on the road collecting tyres rather than coming to us,” said marketing manager Ryan Mifflin, adding: “The new site will be a bespoke plant to serve tyre needs. It follows our strategy of putting a site in every major city in Britain.”

13th July 2005/by Tyrepress Editors

Arnco Opens New Plant Near Cleveland

(Akron/Tire Review) South Gate, California-based Arnco, a supplier of polyurethane flatproofing products for off-road vehicles, opened its new processing plant in Berea, Ohio, last week. The company said the new 112,000-square-foot facility will “significantly expand its production capacity and help meet the growing demand worldwide for products that eliminate flats and reduce costly downtime for equipment operators.”

11th July 2005/by Tyrepress Editors

Cabot Further Expands Chinese Carbon Production

Cabot Corporation has announced that it will build a new specialty carbon black unit at its plant in the Tianjin Economic and Technological Development Area (TEDA) in China. Cabot Performance Products (Tianjin), a joint venture with Shanghai Coking Chemical Company, will invest nearly $30 million in building the special unit that is set to have a capacity of approximately 20,000 tonnes. The unit is scheduled to begin production in the second half of 2006.

1st July 2005/by Tyrepress Editors

Canadian Autoparts Toyota to Increase Wheel Capacity 17 per cent

Canadian Autoparts Toyota Inc, which makes aluminium wheels for Toyota Motor Corp, is expanding its operations in British Columbia with a $39-million investment. The expansion will increase wheel capacity at the Delta site by almost 17 per cent to 1.68 million units annually, starting July 2007. The 19,000-square-metre plant produces 22 wheel models for Toyota’s vehicles and employs about 230 people, a number that is set to increase to increase to 260.

1st July 2005/by Tyrepress Editors

Kumho Plans R&D/HQ Centre in Tianjin

(Akron/Tire Review) Kumho Tire Co said it is investing some $20 million to establish a research and development centre in Tianjin, China, a facility that will evolve into the company’s Tianjin Kumho Tire Co Ltd headquarters. The research and development facility will employ some 300 scientists and engineers, said Kumho.

Tianjin Kumho Tire Co’s new $185 million radial passenger tyre plant is set to begin production in July 2006 with an initial capacity of 5.25 million tyres per year. Plans have already been made for a $130 million expansion there that will bring capacity to 10.4 million units per year. The tyre plant will service Chinese automakers.

27th June 2005/by Tyrepress Editors

Silverstone Produces More ‘Premier Tyres’

Silverstone Bhd has expanded its range of premier tyres to remain competitive in the market, according to managing director Phang Wai Yeen.

“We have been paying lot of attention to research and development since our inception in 1990 and that is why we have been making headway in the luxury and motor sport segments,” Mr Phang said during a visit by Plantation Industries and Commodities Minister Datuk Peter Chin to the company’s plant in Kamunting, near Taiping.

17th June 2005/by Tyrepress Editors

Michelin Expands Production In Shenyang

Groupe Michelin is to invest $170 million in expanding production in Shenyang, China. The Asia Pulse news agency has reported that the group will invest this sum in the Shenyang Economic & Technology Development Zone, in order to add another 156,820 square metres to the land it already owns. A memorandum of understanding signed by Michelin and the zone explains that the company plans to use this land to increase its truck tyre production capacity.

15th June 2005/by Tyrepress Editors

Optima Seeks Battery Distributors

A UK network of specialist battery dealers is being set up to handle the new range of Optima high-tech automotive batteries manufactured by Johnson Controls.
The Optima range of YellowTop dual power batteries is aimed at car customisers and ICE fans. Optima says that it combines the proven abilities of a starter battery with all the advantages of a deep cycle battery for optimum charge and recharge. The capacity to maintain higher voltage during the discharge cycle means that motorists can power all the electronics and play car audio systems louder and longer.

15th June 2005/by Tyrepress Editors

Michelin Gains Replacement Spot For Dreamliner

(Akron/Tire Review) Michelin has been tapped as the second source for replacement tyres for the new Boeing 787 Dreamliner. Michelin will offer a combination of traditional radial tyres and new lightweight “near zero growth” (NZG) construction tyres, which, according to the companies, offer increased resistance to cuts and wear. Each 787 will use 10 tyres – two on the nose landing gear and eight on the main landing gear. The 787 Dreamliner has three configurations with the capacity to carry between 223 to 296 passengers.

14th June 2005/by Tyrepress Editors

Pirelli Introduces Fourth MIRS Line At Georgia

Less than three years ago, the Governor of Georgia and Guy Mannino, President of Pirelli Tire North America (PTNA), pushed the button to start production at Pirelli’s first Modular Integrated Robotized System (MIRS) module in North America, in Rome, Georgia.

14th June 2005/by Tyrepress Editors