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Michelin to Reduce Production at Olsztyn, Poland Factory

According to AFP, Michelin has announced production cuts at its Polish facility due to falling demand. “It’s a question of adapting to current market conditions, with a drop in market demand,” Michelin spokeswoman Sorina Neculescu told the news agency. “We will carry out regular production halts from next week. They will last from a few days to two weeks. Decisions on continuing the halts or resuming work will be taken in real time, based on market conditions.”

18th November 2008/by Tyrepress Editors

New Toyo Asia Factory Will Serve Global Tyre Markets

Toyo Tire & Rubber is continuing its search for an optimal location for a new Asia region tyre factory outside of Japan. The new facility, in which the company plans to invest more than 200 million euros, should be completed by 2010, and the following year is anticipated to produce around four million tyres, mostly passenger car products. Output from the new factory will mainly be directed to export markets.

29th October 2008/by Tyrepress Editors

BERR Reshuffles Ministerial Responsibilities

Just days after Peter Mandelson returned to cabinet for a record third time, the new Secretary of State for Business, Enterprise and Regulatory Reform outlined who would be doing what at BERR. Here are two highlights of significance to the tyre business:

Ian Pearson MP is moved to Economic and Business Minister (jointly with HMT) and will take responsibility for a wide portfolio of business sectors including aerospace, marine and defence; automotive; sustainable development and regulation export control and Export Credits Guarantee Department.

9th October 2008/by Tyrepress Editors

Goodyear Turkey Halts Production for 8 Days

Goodyear Lastikleri, the Turkish unit of Goodyear Tire & Rubber, is temporarily stopping production at its Adapazarý and Ýzmit factories in the country’s northwest. The company closed these facilities on October 3, and they will remain for eight days, Goodyear Lastikleri said in a filing with the Istanbul Stock Exchange on September 26. A slump in domestic and export orders was the reason given for this decision.

7th October 2008/by Tyrepress Editors

Indian Rubber Production Rises 18 Per Cent

Natural rubber production surged upwards by 18 per cent in India in August, claims the national Rubber Board. 72,000 tonnes of rubber were produced in the month, with India seeing helpful climatic conditions. The figure dwarfs the 60,850 tonnes produced in August 2007. There was also a rise in Indian consumption of said rubber, though the proportional rise was a mere 4 per cent at 78,000 tonnes (2007: 75,105 tonnes).

Senior Rubber Board officials told the media that the rise comes on the back of “an increase in the production and export of vehicle tyres.” During the period under review, the export of natural rubber shot up by 65 per cent to 2,341 tons against 1,416 tons, while import witnessed a slump of 150 per cent to 2,726 tons, compared with 6,839 tons in the same period last year.

12th September 2008/by Tyrepress Editors

German Machinery Sees Orders Decline

Machinery used in the processing of plastic and rubber is experiencing difficulties as a knock-on effect from industries such as tyre manufacturing. According to the VDMA trade association of German plastics and rubber machinery producers, orders for German plastics and rubber machinery in the first half of 2008 have declined by seven per cent compared with the same period in 2007.

Orders had previously seen a continuous rise throughout 2007 up until 2008’s Q1. Therefore, the VDMA describes the situation as a turning point. Having said that, the high number of outstanding orders means that the association is not changing its full year 2008 forecast. It predicted an increase of 8 per cent in turnover to a value of 5.6 billion euros for core plastics and rubber machinery. However, considering the decline in orders, the association admitted that the decline would be felt in forecasts for turnover in 2009.

12th September 2008/by Tyrepress Editors

World Bank's Corporation Offers Petlas US$250 million Loan

International News

International Finance Corporation (IFC), a member of the World Bank Group, has reportedly offered loan support of up to US$250 million dollars to Turkish tyre manufacturer Petlas. According to the Anatolia news agency, the first step is an 80-million-dollar loan for Petlas, apparently the only tyre plant manufacturing military tyres in Turkey. Semra Guler, finance director of Abdulkadir Ozcan Otomotiv A.S, told the news agency the financing would help Petlas upgrade technology, expand product range and manufacture eco-friendly tyres.

2nd September 2008/by Tyrepress Editors

MAK to Appear at Automechanika

Italian wheel manufacturer MAK has announced that its presence will be felt at the next Automechanika – the international fair dedicated to car components and accessories. The event will be held in Frankfurt between Tuesday 16 September and Sunday 21 September.

Automechanika will give MAK the opportunity to speak with many international dealers: the company promises to the opportunity to increase its contacts and business, especially since it exports many of its products. “Looking at our growth and considering our purpose to develop our business in those foreign countries that seems to be more interesting concerning car fashion accessorizes, we have to say that we must be present and exhibit MAK range at such an important international fair as Automechanika: there we can optimize our business,” says Emanuele Roncadori, MAK Export Manager.

26th August 2008/by Tyrepress Editors

Phillips Carbon Black Considering Greenfield Facility

India’s largest carbon black producer, Phillips Carbon Black Ltd, plans to establish a fourth facility and expand capacity at two existing plants, those at Baroda and Durgapur. Following the company’s recent AGM, company chairman Sanjeev Goenka indicated another facility, or alternatively a further acquisition of capacity, may be necessary now that existing capacity at the three factories in fully utilised. This fourth greenfield plant, should the company choose to take this option, may be located either within India or overseas.

29th July 2008/by Tyrepress Editors

Sibur Expands Into Europe

During May’s Essen show, plenty of rumours about Sibur Russian Tyres was bidding for Amtel-Vredestein were circulating. The difficult part was trying to pin someone down to go on the record and confirm what we all thought we knew at the time. Sibur Russian Tyres’ export department head, Oleg A Kataev, for example was tight-lipped when asked about the Amtel-Vredestein/Sibur negotiations. Instead, he was much more interested in explaining how Sibur’s European service has improved since the company opened a new office in Germany.

At the moment this means increasing supply into Germany and the neighbouring markets, particular with regard to Sibur Russian Tyre’s Tyrex truck brand. This direct, concerted sales effort remains a relatively new venture for the Russian company that has (since the deal with Amtel-Vredestein was completed – see elsewhere in this issue for further details) grown from a very strong to totally dominant position in the its domestic Russian market.

7th July 2008/by Tyrepress Editors

Reifen 2008: TSI/SSG Reports Busy Show

American tyre service and recycling machinery manufacturers TSI/SSG (Tire Service Equipment and Saf-tee Siping & Grooving) has reported a busy and successful showing in all three key business segments at this year’s Reifen Exhibition. The company divides its output into siping machines, small tyre service machines (like manual tyre changers and bead seaters) and recycling machines (tyre cutters and wheel crushers).

Since 1998, when TSI/SSG first exhibited at Reifen, the company has seen a large increase in both interest and actual orders in the recycling portion of the business. Export Manager Arvid Vaaten believes that “more and more markets are getting ready to seriously deal with the ever increasing scrap tire problem.”

3rd July 2008/by Tyrepress Editors

Second Round of Indian Price Hikes Proposed

Another hike in India’s tyre prices looks likely, in hot pursuit of last week’s initial 2-5 per cent increase (as reported on 6 June). News Sources report that the hike will be at the increased rate of 5-7 per cent, and will apply to all ranges, with rubber and crude oil prices maintaining record highs.

Speaking to journalists, AS Mehta, the marketing director for JK Tyres and Industries, commented on the export of India’s rubber, suggesting that the 20 per cent duty on imported rubber be cut to compensate for the lack of available domestic product.

16th June 2008/by Tyrepress Editors

Sumitomo Increasing Capacity at China Facility

Plans are reportedly underway to increase capacity at the Sumitomo Rubber (Changshu) Co. Ltd tyre facility in China by 20 per cent. Capacity at the factory, opened four years ago, has already been expanded once, and this latest round will increase daily output by some 30,000 passenger car tyres and 3,500 truck and bus tyres. About £68 million will be invested in the project.

2nd June 2008/by Tyrepress Editors

TIA Partners with US Commercial Service, TRIB for Recaufair

The Tire Industry Association (TIA) is to exhibit alongside the US Commercial Service and the Tire Retread Information Bureau (TRIB) and the at the 2008 Recaufair Tire Show, which will be held 5-8 May in Sao Paulo, Brazil. Germano Julio Badi will represent TIA and Anne Evans, director of the Middletown Export Assistance Center, will be representing the US Commercial Service. Members of TIA, TRIB and other US companies interested in growing their export activities are invited to stop by the TIA stand. Acknowledged as the largest tire show in Latin America, the event’s organizers are anticipating 10,500 domestic and international visitors. The retreading, recycling, commercial and service sectors are the focus, and the show will also feature lectures on markets, technology, environment and social responsibility.

8th May 2008/by Tyrepress Editors

TIA, TRIB Partner for Brazil Show

TIA is partnering with TRIB and the U.S. Commercial Service as exhibitors at the 2008 Recaufair Tire Show, being held this week in Sao Paulo, Brazil. Germano Julio Badi will represent TIA and Anne Evans, director of the Middletown Export Assistance Center, will be representing the U.S. Commercial Service.

Considered the largest tyre show in South America, the event’s organisers are anticipating 10,500 domestic and international visitors. The retreading, recycling, commercial and service sectors are the focus, and the show will also feature lectures on markets, technology, environment and social responsibility. (Tire Review/Akron)

6th May 2008/by Tyrepress Editors