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Conti could re-join Dax in June

Continental AG could re-join the German DAX index as early as June or September. Financial analysts also expressed support for continued growth at Conti, with Morgan Stanley summing up the firm’s expectations of the company in a single word – “confidence.” In an investor’s note dated 9 May, the bank continued by explaining its view that the latest feedback on vehicle production orders and tyre price discipline indicates that company targets “may prove conservative.”

9th May 2012/by Tyrepress Editors

Ready on time – Starco opening new Central Warehouse

Five months after its foundation stone was laid in December 2011, Starco’s new central warehouse in Winsen, 30 kilometres south of the German city of Hamburg, is virtually ready for business. The company reports that the relocation of staff and stocks from its previous warehouse in nearby Lüneburg is almost complete, and Starco is set to benefit from the major expansion in capacity the new central warehouse delivers; the Winsen facility offers 11,400 square metres of indoor storage with 12 metres headroom (a doubling of the previous six metre headroom) giving space for 20,000 euro pallets. A further expansion that will bring capacity up to 30,000 euro pallets is already being planned, and the location can handle additional expansion when the need arises.

7th May 2012/by Tyrepress Editors

Pilot plants at Lanxess butyl rubber site to test new technology

Although expansion work at Lanxess’ butyl rubber facility in Zwijndrecht, Belgium has been complete for some time now, today the company officially opened the upgraded plant. Reporting on the improvements at Zwijndrecht, Lanxess shares that capacity is now up ten per cent to 150,000 tonnes of butyl rubber per annum. The expansion, carried out at a cost of 20 million euros, was completed several months ahead of schedule at the end of 2011. Work involved expanding the existing plant’s production capacity and building two new pilot plants for developing butyl rubber production technology.

3rd May 2012/by Tyrepress Editors

Bridgestone expanding Bloomington, US plant

Work has begun on a US$19.5 million expansion project at Bridgestone America Tire Operations’ Bloomington OTR plant in Illinois, USA, the tyre maker reports. The project is expected to be completed in mid-2013, and most of the investment is being directed towards the purchase and installation of new machinery. Additional capacity realised through the project will primarily go to the production of tyres used in heavy industry, and Bridgestone says at least 40 new jobs are expected to result from the plant expansion.

2nd May 2012/by Tyrepress Editors

New factory, more capacity: Alliance outlines India production plans

News out of India indicate Alliance Tire Group is planning to erect a new OTR tyre plant there and boost capacity at another plant. According to a report in the Business Standard, the tyre maker is looking at investing a total of around US$160 million; this will go towards a 50,000 tonne per annum greenfield facility in Gujarat state and to boost output from the company’s Tamil Nadu factory from 48,000 tonnes per annum to 61,000 tonnes. A co-generation plant will also be installed in Tamil Nadu.

30th April 2012/by Tyrepress Editors

Mitas US agri tyre plant inaugurated; will reach full capacity in 2013

A little-known claim to fame for Charles City, Iowa is that the word “tractor” was first coined there, in 1901. It is therefore fitting that Mitas chose to establish its radial agricultural tyre factory in that particular US town. On 26 April the plant officially opened, with Iowa governor Terry Branstad, Charles City mayor James Erb and Mitas representatives Tomas Nemec and Oldrich Slemr cutting the ribbon to start serial production of agricultural tyres. Upon celebrating the factory’s inauguration, Mitas also announced it would accelerate its US$52 million investment to achieve full plant production capacity of 13,500 tonnes of tyres a year by 2013, three years earlier than originally anticipated.

27th April 2012/by Tyrepress Editors

Nissan Sunderland plant wins Queen's Award

Nissan's factory at Sunderland has been awarded the Queen's Award for continued achievement in International Trade. The Queen's Awards for Enterprise are the UK's most prestigious awards for business performance, recognising and rewarding outstanding achievement by UK based companies.

23rd April 2012/by Tyrepress Editors

Great Wall the first Chinese marque on sale in UK

Great Wall Motor Company reports that it has become the first Chinese marque to get its cars on sale in UK. The first from the firm to land on these shores is the Steed pick-up on sale now, priced from £13,998 (CVOTR) and it comes with 16-inch alloy wheels as standard. Earlier this year another Chinese OEM, Geely, announced its plans to market vehicles in the UK.

20th April 2012/by Tyrepress Editors

Lassa producer Brisa investing US$117.5 million to expand tyre capacity in 2012

International News

Brisa, the company producing Lassa brand tyres in a joint venture between Bridgestone and the Sabanci Group, has announced it will invest US$117.5 million expanding its tyre manufacturing units in Izmit, Turkey. The investment figure exceeds the $110 million of investment that was reported at the start of April.

19th April 2012/by Tyrepress Editors

New warehousing facility for Sailun

Recent growth in European market sales across both the passenger car and radial truck tyre sectors has led to an upgrade of the Sailun’s tyre logistics strategy.

According to the company, in order to meet increased demand and to maintain service level agreements and delivery standards, Sailun has opened a new enhanced warehousing facility next to its Qingdao research, development, testing and manufacturing centre.

17th April 2012/by Tyrepress Editors

New Stertil Koni mobile column lift

Stertil Koni's range of vehicle lifting equipment will be enhanced at the CV show with the introduction of a new mobile column lift.

Following the launch of Stertil Koni’s innovative, environmentally friendly Earthlift mobile column model last year, the company has introduced another new mobile column lift – the ST1075. The 7.5 tonne capacity ST1075 has been designed specifically to replace two previous mobile column models, rated at 6 tonnes and 7.25 tonnes respectively, that have been manufactured and supplied by Stertil Koni since 2005.

16th April 2012/by Tyrepress Editors

Accuride expands South Carolina wheel manufacturing

Accuride Corporation has announced plans to expand aluminum wheel production capacity at its Camden, South Carolina plant, Tire Review reports. The company will invest at least $8.7 million to add two machine lines as part of the expansion, which will generate at least 25 new jobs.

12th April 2012/by Tyrepress Editors

Stamford Sport Wheels seeking to raise worldwide reputation

Since its formation in Thailand in 2004, Singapore-based Stamford Sport Wheels has evolved into one of South East Asia's leading and most successful alloy wheel manufacturers, exporting products to European and North American markets. Its manufacturing complex is based in the province of Nonthaburi, approximately 60km north of Bangkok and consists of two production facilities spanning around 30,000sqm. The company currently has the capacity to manufacture over 900,000 wheels a year; the current SSW product portfolio includes fitments between 13” and 20”. This allows it to serve the growing demands of Asian markets while continuing to serve global export goals. The company now aims to enhance its image as a producer of quality alloy wheels in particular throughout European markets – including the UK.

12th April 2012/by Tyrepress Editors

MWS explains development of Xbrite

While progress in its campaign for increased safety checks on take-off, or second hand commercial wheels entering the UK market was delayed by the UK government’s back-tracking on proposed MOT changes, Motor Wheel Service has continued to develop its forged aluminium xlite brand, on which it has a worldwide distribution deal, launching its “next generation Xbrite” single part, transparent finish. The protective coating was specially developed for MWS, offering what it calls “the highest levels of corrosion resistance and unrivalled shine for xlite forged aluminium wheels”. In other news, a change in truck racing’s technical regulations will allow forged aluminium wheels to be fitted to the outside of the rear axle from 2013 onwards, responding to the wishes of 10-time British Truck Racing Championship, Stuart Oliver, who said of xlite: "lighter wheels mean less unsprung weight on the axle, creating less wear and tear to surrounding parts and greater grip between the tyre and the circuit.”

12th April 2012/by Tyrepress Editors

JSR breaks ground on Thailand S-SBR plant

On 19 March, Japan’s JSR Corporation and its joint-venture partner Bangkok Synthetics Co., Ltd. held a groundbreaking ceremony for the Solution Polymerization Styrene-Butadiene Rubber (S-SBR) plant to be constructed by their company, JSR BST Elastomer Co., Ltd. (JBE). The Muang, Rayong Province-based plant is scheduled to enter operation in June 2013; the facility will be the first S-SBR manufacturing plant in Thailand.

3rd April 2012/by Tyrepress Editors