China Archives - Page 185 of 240 - Tyrepress

Now one of the largest tyre-producing countries in the world, China has an indisputable influence on the direction of global tyre trade. The home of both fast-growing up-and-coming brands as well as a burgeoning domestic market, this tag chronicles China’s involvement with the tyre business.

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First New MG Roadsters Expected in May

Shanghai Automotive (SAIC) is aiming to start producing MG TF roadsters in Nanjing in May and at its plant in Longbridge, Birmingham, within three months of then, a senior executive told the Financial Times. However the cars relaunch could be delayed further by quality and production.

According to the report, MG is also studying at least three new models, including a replacement for the TF, which it hopes to produce from 2010, Chen Hong, SAIC’s president told the newspaper. About 70 per cent of the new model’s manufacture – including their engines – will be made in China. The remaining 30 per cent is expected to be produced in Europe.

7th February 2008/by Tyrepress Editors

MMH Supplying Eldan Equipment at Home and Abroad

West Sussex based marketer and distributor of recycling equipment, MMH Recycling Systems, reports it is continuing to supply top quality equipment for the tyre recycling industry through its partnership with Danish manufacturer Eldan Recycling A/S. During 2007 MMH supplied new equipment to four recycling facilities, and in the coming few months several more plants, currently under production, will be delivered to UK customers.

The company provides a complete service to its customers, which can include designing, building and commissioning everything from a single machine to a complete, highly automated, tyre recycling plant. Equipment supplied by MMH Recycling Systems and used by many successful tyre recyclers employs a simple, reliable and cost effective method of shredding & granulating tyres and separating the resultant rubber, steel and fibres.

7th February 2008/by Tyrepress Editors

US Outlines Duties on OTR Tyre Imports

The US Department of Commerce has set in place preliminary anti-dumping duties of up to 210 per cent on Chinese made OTR tyres allegedly sold in the US at artificially low prices. These duties were implemented on February 6, and tyres thereby now become the sixth Chinese product to fall foul of US anti-dumping duties since the start of 2008.

“Price distortion by Chinese exporters puts American manufacturers at an unfair disadvantage,” said David Spooner, assistant secretary of commerce for Import Administration, in a statement announcing the action. “In an effort to encourage a healthy economic environment and to strive to maintain a strong and fair relationship with our trading partners, the administration will continue its commitment to aggressively enforce America’s trade remedy laws.”

7th February 2008/by Tyrepress Editors

CMA & Double Coin Announce New Brand Image

A new look is being rolled out by CMA, LLC and Double Coin tyres in the US by way of a new logo design and brand positioning. The new image, reports the North American distributor of the Chinese made brand, represents the changing dynamics of the organisations and the products, while the new logos provide the backbone of a new marketing campaign and strategy.

“The new CMA logo will match our business target of a progressive, modern corporation” CMA’s president, Mike Yang, said. “CMA’s business has changed since its formation as an organisation in 1997. This new logo represents our growth and future direction.” Aaron Murphy, vice president of CMA, added: “CMA has been known as a cutting-edge manufacturer and supplier. As we energise our marketing and manufacturing to position ourselves as a Tier 2 supplier, the perception of our image must match.”

4th February 2008/by Tyrepress Editors

US OTR Tyre Manufacturer Unveils Ambitious Expansion Plans

Manufacturer of OTR tyres for the mining, construction and port handling industries, American Tire Corporation (ATC), has finalised the development plans for its new factory. It intends to place a total investment of US$500 million into the Washington based facility, a 130 acre site housing seven manufacturing plants, two warehouses, a distribution centre and a research and training building.

These ambitious plans were announced on February 3 and are intended to aid in the expansion of the company’s US operations and the development of a more “aggressive” growth strategy in the OTR tyre sector. According to a press release published on the PRWeb website, ATC will “build the most advanced tyre-building machines and vulcanising machines on site.” All related equipment, construction and raw materials will reportedly be procured via tender during the first half of this year. ATC is inviting tyre equipment and raw material manufacturers, along with construction companies, to submit offers before March 31.

4th February 2008/by Tyrepress Editors

Argentina Drops Retread Import Ban

The Argentinian legislature recently relaxed its ban on imported used and retreaded tyres to allow the importation, under certain conditions, of retreads classified under NCM 4012.11, 4012.12, 4012.13 and 4012.19.

Argentina established a prohibition on the importation of used and retreaded tyres classified under NCM 4012.11, 4012.12, 4012.19 and 4012.20, with the exception of tyres used on airplanes, in August 2002. According to reports, the government of Uruguay subsequently challenged this prohibition with respect to remoulded tyres and a South American Common Market (MERCOSUR) dispute settlement panel determined that Argentina’s action was inconsistent with MERCOSUR requirements.

1st February 2008/by Tyrepress Editors

Sameer’s Yana Tyres Struggling to Take Off

International News

Sameer Africa recently raised its tyre prices by between four and six per cent, the Nairobi Nation reports. However, price increases are unlikely to help sales of the manufacturer’s Yana brand. Local news reports that stiff competition from cheap imports, especially from the Korea, Egypt and South Africa have left the company at a disadvantage, following the price increase. “Kenya has no competitive advantage, and you can get any tyre you want from China at any price,” managing director Eric Kimani told journalists.

The influx of imported tyres from these destinations reportedly increased significantly in 2005, following the introduction of the East African Community’s (EAC) Common External Tariff (CET). Under the CET, the EAC member states (Kenya, Uganda and Tanzania) agreed to a common tax rate of 10 per cent on imports of new rubber tyres for buses and lorries. Initially, the import duty on tyres stood at between 25 and 35 per cent as a way of protecting local manufacturers.

31st January 2008/by Tyrepress Editors

The Tyre Company with a Difference

Formed in the early 1970’s, Compass Group Ltd has been involved in the UK and international tyre industry for more than three decades. And yet the significant role the Group’s tyres play in the market is perhaps underestimated. With passenger car sales of 2 million units and being a leader in the non-premium truck-tyre segment, Compass Group plays a significant role in the UK market. However, in addition to tyres, the Compass Group has a number of other strings to its bow which makes it a rather unusual player in the mainstream tyre markets. Tim Chesney, managing director of the Compass Group Ltd, told Tyres & Accessories about the breadth of the company’s operations and exciting plans to develop its tyre businesses over the next few years with GT Radial being the focus of this expansion.

30th January 2008/by Tyrepress Editors

Kumho US Plant a Step Towards Global Leadership

The president and chief executive of Kumho, Oh Sae-cheul, has described plans for his company’s $165 million factory in the US state of Georgia as being part of Kumho’s efforts to become a global tyre manufacturing leader. The signing ceremony for the new 123.6 acre facility took place on January 29, and was attended by Mr. Oh and Georgia Governor Sonny Perdue.

“With this plant in the United States, the world’s biggest tyre market, we want to save shipping costs to that market and to emerge as a global leader,” said Mr. Oh to South Korea’s JoongAng Daily newspaper. The establishment of a facility in the US marks Kumho’s first step out of Asia in terms of production; currently the company operates three facilities in China and one in Vietnam in addition to its three South Korean factories.

29th January 2008/by Tyrepress Editors

Bridgestone to Raise Prices in China

Prices for Bridgestone tyres in China are set to increase as of March, the company said. Higher raw material costs have been singled out as the reason for the changes. A company statement said price increases of between 3 and 5 per cent would take place as a cost reduction initiative previously launched by the company has failed to offset rising material costs.

28th January 2008/by Tyrepress Editors

Bridgestone to Expand China Retail Network

Bridgestone intends to more than double its retail network in China within the next four years, reports Japan’s Nikkei News. At present the company operates 700 outlets in China, and by the end of 2012 plans to have increased this number to 1,700. Specifically, the number of specialised Bridgestone tyre stores will grow from 587 to about 1,200, while its automotive products outlet network will grow from 121 to around 500.

28th January 2008/by Tyrepress Editors

Tyrexpo Asia 2009 Opens for Business 6 Months Early

Tyrexpo Asia 2009 organiser, ECI International, has distributed more than 10,000 thousand brochures about the seventh staging of the popular tyre and equipment show. The exhibition will again take place in the Singapore Expo Centre, but the dates have been brought forward by six months to 24-26 March 2009. Traditionally held in September, the show has opted for the earlier dates to secure an exclusive slot in the increasingly-congested Asian exhibition calendar. The move is also designed to give exhibitors and visitors greater flexibility in scheduling their marketing and exhibition activity for the year. 45 per cent of exhibitors have already decided to appear again in 2009.

25th January 2008/by Tyrepress Editors

Double Coin to Open New Truck Tyre Factory

A report printed in a motor industry publication indicates that Double Coin Holdings Co. plans to open a new truck tyre factory in the final quarter of 2008. According to Automotive News, the facility to be build in Chongqing, China, will be able to produce 2.5 million truck radials per year, increasing the company’s annual truck tyre capacity to around 7 million units.

Double Coin has neither confirmed nor denied whether the company has plans to produce passenger car tyres at the facility. When asked this question, company spokesperson Sun Wen simply told Automotive News “it depends on the market.”

25th January 2008/by Tyrepress Editors

New Appointments at Dunlop Aircraft Tyres

Birmingham-based Dunlop Aircraft Tyres has recruited a new operations director. Marc Jordan, who joins the company from Trelleborg Group in Germany, will be responsible for ensuring that sufficient new tyre capacity is in place to support the company’s international expansion plan. He will also work with a locally based general manager in China to ensure best practice procedures adopted in the UK are followed in Xiamen when Dunlop Aircraft Tyres’ new retreading facility becomes operational there in 2009.

During his career Jordan has held a number of senior operations management positions within the aerospace, automotive, manufacturing, marine, production and rail markets. While in his last role at Trelleborg Group, he won national industry awards for lean transformation and environmental excellence.

23rd January 2008/by Tyrepress Editors

Former Goodyear Division Forms China Joint Venture

Company News, International News

Veyance Technologies Inc., formerly Goodyear Tire & Rubber’s Engineered Products division, has entered into a joint venture with Ruiyuan Rubber and Plastics Co. Ltd. to make conveyor belts in Yanzhou, China. Veyance said the new entity, Shandong Aneng Conveyor Belt & Rubber Co. Ltd., is the largest manufacturer of conveyor belts in China, with 20 production lines producing more than 12 million square metres of conveyor belts each year.

17th January 2008/by Tyrepress Editors