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Bulgarian Government Outlines Motorway Plan

The Bulgarian government has pledged to build an additional 900 kilometres of road infrastructure over the next six years. The Government has outlined highway construction programme that will include motorways in: Trakia, Lyulin, Maritsa, Struma and Black Sea regions. The projects have been costed at more than 3.3 billion euros and the works will be funded under the EU Cohesion Fund, the state budget and through Public-Private Partnership.Maritsa Highway (114 km) is scheduled to be constructed in 2009 at a cost of 360 million euros. Nearly 600 million will be allocated for the construction of Struma Highway, which is expected to be finalised by 2012.

2nd June 2006/by Tyrepress Editors

Tanzanian Plantation Politics

Members of the Tanzanian Parliamentary Committee for Investment have called on the government to transfer ownership of the Muheza Rubber Plantation in Tanga Region to General Tyre factory in Arusha to raise rubber production and create more job opportunities.

The MPs made the recommendation after visiting the factory and discussing how best to increase the supply of raw materials from within the country (as opposed to Malaysian sources), particularly from the rubber plantation in Muheza, the local Sunday Observer reported.

1st June 2006/by Tyrepress Editors

House Subcommittee Approves Right to Repair Act

(Akron/Tire Review) The independent automotive aftermarket scored a major victory May 25 in its battle for passage of the Motor Vehicle Owners’ Right to Repair Act (H.R. 2048) when the House Commerce, Trade and Consumer Protection Subcommittee voted in favor of the legislation in an open mark-up session.

Although the bill was amended during the committee meeting, AAIA said the primary goal of the legislation remained intact. Right to Repair legislation would require the Federal Trade Commission to enforce requirements that independent repair shops have access to the same information and tools that are available to new car dealers.

31st May 2006/by Tyrepress Editors

NZ Green Party Slams “Misleading” Environmental Booklet

A New Zealand Government-produced booklet on the state of the country’s environment has been dismissed as “complacent pap” by a spokesman for the Green Party.

25th May 2006/by Tyrepress Editors

Recycling Success Story

In the waste industry there is an increasing demand for turnkey waste processing solutions that not only meet technical demands, but also exceed business goals. But how can you manage well-established companies from different areas, to work together and keep their own egos in the background? Synmet has the answer. Established in 2002, the Synmet Group represents five brands: Artech (size reduction), BHS (disc screens), BOA (balers), Hidding (screening) and Nihot (air technology). The synergy has many advantages for the customers in various ways. Within Synmet, the brands combine engineering expertise to take on technological challenges and produce innovative solutions. Synmet adds financial back-up and expertise.

22nd May 2006/by Tyrepress Editors

Liberia Gives Firestone Management 90-day Ultimatum

Liberian labour minister, Kofi Wood, has given managers at Firestone’s Harbel, Liberia rubber plantation 90-days to improve workers’ living conditions. “We have asked the Firestone management to improve the living conditions of the workers,” Wood told Reuters by telephone. “We have given them 90 days.” The minister did not say what the consequences of failing to meet the deadline might be.

10th May 2006/by Tyrepress Editors

PCL Takes the Pressure Off Hampshire Police

Tyre inflation specialist Pneumatic Components Ltd (PCL) is helping to keep Britain’s roads safe by supplying its equipment to Hampshire Police. PCL’s D10 digital wall-mounted unit is used to inflate tyres on the force’s fleet, which must be kept in peak condition at all times, with safety of paramount importance. With 900 police vehicles covering some 15 million miles per year, Hampshire Police must source only the highest quality products to maintain its vehicles under guidelines outlined in the government’s Driving at Work document.

25th April 2006/by Tyrepress Editors

Amtel-Vredestein CEO Calls for Government Backing for Businesses

Speaking at the Russian Economic Forum staged in London, Amtel-Vredestein CEO, Alexei Gurin called for President Putin and the Russian Federation to help boost quality, competitiveness and profitability through backing companies in acquiring businesses, technology and skills. He stressed that Russia should use oil windfall revenues to support companies who acquire western businesses and technology.

25th April 2006/by Tyrepress Editors

Production Underway at Krasnoyarsk Tire Plant

Production at the former Amtel-Vredestein Krasnoyarsk Tire Plant was re-launched on 19 April, with local government officials optimistic they can overcome the facility’s past problems.

Lev Kuznetsov, the first deputy-governor of Krasnoyarsk territory, has now signed a social and economic cooperation between the Administration Council of Krasnoyarsk Territory and LLC Vostokshinainvest, the owner of Krasnoyarsk Tire Plant.

24th April 2006/by Tyrepress Editors

Hankook Signs 100 Million Euro Loan in Hungary

Hankook Tire has signed a term loan agreement for 100 million euros to finance its new manufacturing plant in Hungary. The agreement was signed on 4 April at the Intercontinental Hotel in Budapest, Hungary. Taking part in the signing ceremony were president of Hankook Tire European Regional Headquarters Suh Seung-hwa, vice president of finance Lee Jong-cheol, head of Hankook Tire Hungary Lee Eung-yong and representatives from 11 Korean and foreign banks.

21st April 2006/by Tyrepress Editors

Wheel and Parts Plant for Bulgaria

In Sofia, Bulgaria’s Economy and Energy Minister Rumen Ovcharov and the Vice President of French company Montupet, Didier Crozet, are expected to sign the contract for the construction of an aluminium car parts manufacturing plant in the Industrial Park of Russe. The total investment will be 70 million Bulgarian Leva (35 million Euros) and 500 new jobs will be created in a three-year period.

6th April 2006/by Tyrepress Editors

Goodyear Makes R&D Staff Changes

(Akron/Tire Review) Goodyear Tire & Rubber Co. announced a series of personnel changes in its R&D group. Lyn Lovell, previously director of government compliance and product performance, was named director of global technology planning, a new position created to “increase the speed at which new products get to market, maintain technical leadership, and ensure alignment with business needs,” according to Goodyear.

4th April 2006/by Tyrepress Editors

Bridgestone Sponsors Safety Design Award

Bridgestone Europe has announced that it will sponsor a new category – Best Safety Innovation – in the Interior Motives Design Awards in 2006. Organised by the automobile design magazine Interior Motives, the annual awards promote the importance of innovation in vehicle design by challenging design students from around the world to make their mark on future car design. Winners are rewarded with prizes and the chance to receive recognition from top figures in the international automotive design community.

30th March 2006/by Tyrepress Editors

Indian Dunlop Units Set to Reopen in April

(India/Rubber Asia) At the end of what seems like an agonizingly endless wait, the gates of the Dunlop factory at Sahagunj, in the eastern State of Communist-ruled West Bengal, and the one at Ambattur near Chennai in the southern State of Tamil Nadu, are set to re-open in April, if nothing else intervenes in between, local media reports said.

“Maintenance work will start probably by early early-April at both the units,” an official spokesman for the Ruia group, which now controls Dunlop India Ltd. (DIL), has said.

23rd March 2006/by Tyrepress Editors

China Lowers Tax on Tyres

From the 1 April China will lower its “consumption tax” on a range products including tyres. The Ministry of Finance and the General Administration of Taxation have decided to lower the consumption tax on passenger car tyres to 3 per cent from its current rate of 10 per cent.

23rd March 2006/by Tyrepress Editors