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Higher capacity, bigger sizes to come from Vredestein agri investment

Apollo Vredestein, the company behind the Vredestein tyre brand, says recently announced major investments are in line with its focus on continuous sustainable growth, even in economically challenging times. The investments are to be made over the course of 2013 and the company anticipates production capacity for Vredestein agricultural tyres to be some 50 per cent greater when the project is fully implemented. The decision to invest an undisclosed sum in the agricultural sector was made in response to growing demand within the European agricultural market for Vredestein tyres.

30th August 2012/by Tyrepress Editors

ECP adds crash repair warehouse, 10 new branches

Euro Car Parts reports that it has invested in a second storage facility, following the opening of its National Distribution Centre in Tamworth, Staffordshire in 2010. The 141,000sqft warehouse in Swadlincote, Derbyshire will primarily store crash repair stock including Platinum Plus product lines and the company has signed a 10-year lease agreement with GE Capital Real Estate for the Tetron Point distribution unit. ECP has continued to expand its network too, with 10 new locations announced. They are anticipated to open in the fourth quarter of 2012.

29th August 2012/by Tyrepress Editors

New Warrior range launched in China

The Warrior brand is set to do battle with in the Chinese market, and perhaps will be pitted against premium brands. On 28 August the joint venture operation run by Double Coin Holdings, parent company Shanghai Huayi (Group) and Michelin unveiled its new passenger car range. Double Coin Group (Anhui) Warrior Tires began manufacturing Warrior branded tyres at its Wuwei, Anhui province factory in March and the new facility is expected to have a six million tyre a year capacity by the end of 2012. Output capacity should reach 15 million a year by 2015.

29th August 2012/by Tyrepress Editors

New-gen tyres, higher capacity to follow Nizhnekamskshina equipment investments

Shafagat Takhautdinov, general director of Russian firm Tatneft, reported on 25 August that production capacity at the company’s Nizhnekamskshina plant is expected to increase by “one and a half times” to 4.5 million tyres in the near future. This capacity boost will be facilitated by the installation of Maxx assembly machinery supplied by Dutch manufacturer VMI; the equipment is scheduled to be delivered to Nizhnekamskshina by the end of this year. Installation of the Maxx machinery is part of a wider plan to replace “outdated tyres” with the production of a new generation tyres at the Nizhnekamskshina facility, Takhautdinov shared.

28th August 2012/by Tyrepress Editors

Conti expanding US headquarters

Continental Tire the Americas announced a major expansion of its US headquarters in Ft. Mill, South Carolina. US industry publication Tire Review shares that the three year old headquarters building will be extended by 16,000 square feet, creating a total area of 91,000 square feet. Along with a larger floorspace, the expansion will bring 80 new jobs to the headquarters over the coming four years.

27th August 2012/by Tyrepress Editors

Goodyear India to transfer truck capacity to agri production

In its 2011 Annual Report, Goodyear India Limited shares that it intends to phase out production of cross-ply medium commercial truck tyres and transfer the freed-up capacity to the manufacture of agricultural tyres. “In the farm segment, growing levels of farm mechanisation and subsequent growth in all agriculture related industries should provide your company with attractive growth prospects,” stated the Annual Report, adding that the majority of agricultural products currently sold by Goodyear Indian are cross-ply construction.

27th August 2012/by Tyrepress Editors

China sets minimum targets for retreaders and waste tyre processors

China’s Ministry of Industry and Information Technology has introduced new policy guidelines covering the country’s retreading industry and waste tyre utilisation. These include directives regarding where a retreading facility may and may not be set up – no new retreading plants are to be established in environmentally sensitive areas – and also calls for greater consistency in the production process and with production equipment plus the implementation of product quality control systems and testing equipment in line with national and industry standards.

23rd August 2012/by Tyrepress Editors

Govind profits up 248%

India’s Govind Rubber Ltd has reported net sales of Rs 782.3 million (£8.9 million) for the three months to 30 June, a 35.6 per cent year-on-year increase. Net profit, at Rs 10.1 million (£), was up 248 per cent on the corresponding quarter of 2011. The tyre maker recently announced an Rs 8.5 billion (£115,500) expansion project at its Alwar plant in India, and the company also intends to set up a new greenfield facility in Dahej. According to company chairman and managing director Vinod Poddar, the new facility will have a daily capacity of 225 tonnes.

21st August 2012/by Tyrepress Editors

Tyres & Accessories August 2012

The latest edition is now available to read in e-paper format. As well as all our regular features, August's Tyres & Accessories includes additional coverage previewing the forthcoming TAFF Awards, OTR tyres and of course Tyre Labelling. As well as this there is our annual Brake feature and the conclusion of our Reifen Essen reoport to look forward to. Subscribers can simply click more to see the digitalized edition.

20th August 2012/by Tyrepress Editors

Regional workshop events aimed at highlighting Hunter range

Those interested in getting to grips with the latest advances in Hunter alignment and wheel balance technology may do well to give Pro-Align a call. The wheel equipment specialist says it will soon hold a series of regional events; titled ‘A Service Vision of Tomorrow, Today!’, these are aimed at demonstrating the newest additions to the Hunter range in a workshop environment.

17th August 2012/by Tyrepress Editors

Pro-Align boosts head office team, warehouse capacity

Wheel alignment specialist Pro-Align says it is enjoying one of its most successful years ever, and to accommodate this it is expanding its administration and sales departments. Five new employees have joined the team at Pro-Align’s Towcester head-office which serves as a hub for its UK operations. They are; aftersales administrator Sophie Yeates, sales administrator Claire Simpson, accounts assistant Beverley Shepherd, marketing assistant Alastair King, while regional sales support is boosted by Stacey Hawkes.

17th August 2012/by Tyrepress Editors

Blizzak production begins in China

Bridgestone has begun manufacturing its Blizzak winter range in China. The tyre maker celebrated the start of Blizzak production in its Tianjin plant this month. The factory, which opened in 2000, recently benefitted from a capacity expansion programme that saw output increased from 16,500 units per day to 25,300; it is not clear what proportion of total output will be dedicated to winter tyres.

17th August 2012/by Tyrepress Editors

Strikes begin at two Kumho plants

Unionised workers at Kumho Tire’s Gwangju and Gokseong factories in South Korea have gone on strike, the Yonhap News Agency reports. According to Yonhap, the workers’ union said a general strike began on 16 August in order to secure higher wages; a walkout took place in the Gwangju plant at 6:30am and half an hour later in Gokseong. The news service shares that the strike follows the end of a union-led partial walkout by 3,100 workers that lasted a month and also centred on wage and “other outstanding differences.”

16th August 2012/by Tyrepress Editors

New plant will add pcr line to Advance range

In 2012 Guizhou Tyre Company Ltd returns as a Brityrex exhibitor. This year at its stand – stand 71 – the Chinese tyre maker will display its Advance range of radial and cross-ply OTR tyres, radial truck tyres, agricultural tyres and industrial/forklift tyres.

14th August 2012/by Tyrepress Editors

Bridgestone net income up 39% in H1

Operating income and net income at Bridgestone Corporation increased 43 per cent and 39 per cent respectively in the first half of the 2012 fiscal year, the Japanese tyre maker reports. An operating income of 133.7 billion yen (£1.1 billion) and net income of 75.2 billion yen (£614.8 million) were achieved even though net sales only rose two per cent year-on-year to 1,488.9 billion yen (£12.2 billion) during the first half.

7th August 2012/by Tyrepress Editors