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Casumina 2009 Profits Exceed All Expectations

The Southern Rubber Industry Joint Stock Company, better known by its trading name Casumina, reports attaining sales of 2,496,309 million dong (£84.0 million) during 2009, up 116.17 per cent on the previous year’s sales and 146.37 per cent more than expected sales for the year. The Vietnamese tyre maker’s after tax profit totaled 290,642 million dong (£9.8 million), a whopping 3,240.5 per cent higher than in 2008 and 664.33 per cent greater than the year’s expected after tax profit.

13th April 2010/by Tyrepress Editors

Nokian Preparing for Growth in 2010

The Western and Eastern Europe region grew in importance for Nokian Tyres throughout 2009. The Finnish tyre maker reports European sales accounted for 24 per cent of its total last year, up eight per cent from 2008. This percentage growth in sales occurred largely at the expense of those in Russia and the CIS, which last year made up only 20 per cent of Nokian’s total sales, as opposed to 34 per cent in 2008. Overall, the company reported decreased demand for its tyres in 2009, an occurrence it attributes to the financial crisis and lower vehicle sales. In its general overview of 2009, released April 8, 2010, the company confirmed that measures have been taken “to adjust production to reduced demand.”

8th April 2010/by Tyrepress Editors

Micheldever Adds General Brand Car Line to 4×4 Range

Leading wholesaler Micheldever Tyre Services (MTS) has added the Continental produced General Tire brand’s car range to its existing General 4×4 offering. The addition of the General car range to MTS’s private/exclusive brand portfolio follows the development of General’s 4×4 range into “the UK market’s fastest growing replacement 4×4 brand,” according to Southam Tyres (MTS’s specialist 4×4 wing). According to the company, MTS recently launched the stunning range of General car and van tyres as an exclusive product for tyre retailers in need of a high quality, high margin retail tyre.

8th April 2010/by Tyrepress Editors

Yokohama Tire’s Jim MacMaster to Retire

Following a tyre industry career spanning 39 years, Yokohama Tire Corporation executive vice president and chief operating officer Jim MacMaster has announced his intention to retire in June. MacMaster, who also served as chairman of the Rubber Manufacturers Association from 2007 – 2009, began his career with a three-year stint in the Navy, followed by work in the defence and computer industries and then ten years on the manufacturing and dealer side of the tyre business. He ultimately joined Yokohama in January 1981.

8th April 2010/by Tyrepress Editors

European Launch for Toyo Proxes Ranges

Toyo Tire Europe has announced the Spring 2010 European launch for two of the company’s tyre ranges. The Proxes C1S and Proxes T1 Sport are both scheduled for release in this region, thereby strengthening Toyo’s high performance offering here. The Proxes C1S is described as a UHP comfort tyre designed for powerful executive cars. Toyo states that the Proxes C1S blends a refined, quiet ride with outstanding high speed manoeuvrability plus reduced rolling resistance.

7th April 2010/by Tyrepress Editors

Capacity Boost at Bridgestone Poznan Plant Announced

Bridgestone has outlined plans to invest 105 million euros increasing the capacity of its Poznan tyre factory in Poland. The added capacity will begin to come on-stream in January 2012 and over a two-year period daily output will rise from 23,600 to 29,200 units.

6th April 2010/by Tyrepress Editors

NHTSA Issues Tyre Efficiency Programme Final Rule

In the US, the National Highway Traffic Safety Administration has issued a final rule regarding a proposed tyre efficiency consumer information programme. This document establishes the test procedures for tyre manufacturers to use in a new consumer information programme intended to provide consumers with comparative information on fuel efficiency, safety and durability when purchasing replacement passenger car tyres. The programme, when fully implemented, will offer information both at the point of sale and online.

29th March 2010/by Tyrepress Editors

Prototype Nokian Tyre Demonstrates Positive Rolling Resistance Qualities

A prototype summer tyre developed by Nokian Tyres is said to have demonstrated 64 per cent superior rolling resistance against a premium ‘eco’ tyre in testing conducted by the Finnish tyre maker. In a test held on March 9, a Toyota Prius was fitted with the prototype tyres and also with Michelin Energy Saver tyres (both the same dimensions and pressure) and rolled down a ramp in neutral gear in windless conditions. As Nokian explains, the distance the car rolled corresponds directly with the tyres’ rolling resistance – the further the car rolls, the lower the rolling resistance. Nokian reports that the car managed to roll 129 metres when fitted with its prototype tyre, while it stopped after 78.9 metres when fitted with Energy Saver tyres.

25th March 2010/by Tyrepress Editors

Top Fleet Award for Goodyear

Goodyear has won the Environmental Award at the prestigious 2010 Fleet News Awards in London. The award’s judges praised the fuel saving qualities of Goodyear’s EfficientGrip tyre and recognised the successful green programmes introduced by the firm at the event held on Wednesday 17 March.

Lisa Faulkner, fleet manager for Goodyear, said: “We are delighted to win this award in recognition of the benefits delivered by EfficientGrip. This is something that fleet managers have been quick to realise by choosing a tyre that offers exceptional fuel efficiency without the need to compromise on safety. The award also underlines our company-wide commitment to the environment.”

19th March 2010/by Tyrepress Editors

Malatesta Pneumatici – A Belief in Retreads

Although the Malatesta name may not be as widely-known as the brands owned and promoted by the major new tyre manufacturers, the company behind this Italian produced range of retreads, Malatesta Pneumatici, boasts a long and solid history. The firm was founded in Rome shortly after the end of the Second World War, at a time when new tyres were in short supply and any means of keeping existing tyres on the road was highly valued. Company founder Alberto Malatesta built Malatesta Pneumatici into a strong player in the Italian retreading scene before handing control of the business over to eldest son Massimiliano. Today a third generation of the family is also contributing to the future of Malatesta Pneumatici.

19th March 2010/by Tyrepress Editors

Marangoni Becoming a “Global Player“ in Brazil

Although Italian firm Marangoni celebrated its 50th anniversary in the new Millennium, the year 2000 primarily represented a significant milestone on its path towards becoming a global operator. Today, ten years later, the Marangoni Group is, aside from Bandag and the new tyre manufacturers’ retreading activities, the industry’s sole genuine “global player”. The company has not only successfully established itself in Europe and North America, it is now slowly gaining a foothold in China. However in the last decade it is the operation in Brazil that has, above all, become the backbone of its global industrial presence.

18th March 2010/by Tyrepress Editors

Conti’s Tyre Plant the Key to Brazilian Market

The Brazilian tyre market is one of the world’s largest and due to its growth has been counted amongst the most important emerging markets, the so-called BRIC countries (Brazil, Russia, India and China), for a number of years now. For the last five years German manufacturer Continental has produced tyres in Brazil and during this time – despite long-established and powerful competition – has built up a solid business there. While Continental sees itself as well positioned in Brazil’s replacement tyre market and already holds a four to eight per cent market share, when Tyres & Accessories visited Continental’s tyre factory in Camaçari, Brazil, we learned that the company now intends to further establish its deliveries to OEM customers.

11th March 2010/by Tyrepress Editors

New Generation Michelin Alpin Available H1 2010

The fourth generation of Michelin’s Alpin cold weather tyre is ready, and the French manufacturer states it will be introduced into European replacement markets during the first half of 2010 in “all regions where winter roads are generally wet – around 80 per cent of the time – and less often icy or snow-covered.” The new tyre has been designed to fit a wide range of vehicles, from city cars and compacts to MPVs and saloons.

10th March 2010/by Tyrepress Editors

Pelmar Acquires Equipment from Alliance in Israel

The Pelmar Engineering Group says it has purchased the equipment from Alliance Tire’s passenger car radial factory in Israel. The machinery covered by the purchase includes first and second stage Marangoni tyre building units, a Steelastic machine, Apex machine, 30 x 40.5-inch tyre curing presses, bladder presses and D-70 uniformity machine. Upon announcing the acquisition, Pelmar commented that Alliance’s production of passenger car tyres ended in September 2009 following some five months of reduced output. The Israel based supplier of new, used and reconditioned tyre and rubber machinery explained that production was stopped in the face of tough competition from low cost foreign tyre manufacturers and the almost total absence of import duties upon tyres entering Israel.

9th March 2010/by Tyrepress Editors

Infinity Aims to ‘Go Deep’ with Fast Growing ‘Premium Budget’ Strategy

International News, News, UK News

When Al-Dobowi Group executives Surrender Singh Kandhari and his son Harjeev Singh Kandhari founded Infinity tyres six years ago, they probably didn't envisage how quickly their ambitious plans would come to fruition. What began with a series of informal meetings with key employees and potential suppliers in 2004 has since grown into an international exclusive/private brand operation present in 60 countries around the world. The kernel of a concept the Kandharis planted back then has developed through key partnerships with Chinese supplying manufacturer Shandong Linglong Co., Ltd. (see following article for more on this company's latest developments including its plans to construct a $200 million proving ground) and key distribution partners in Europe and Africa. With the recent addition of a Canadian distribution arm last year and with fledgling partnerships in both the Russian and Ukrainian markets, the company's global ambitions are clear.

9th March 2010/by Tyrepress Editors