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Indian Synthetic Rubber Production Drops

The Financial Express in India is reporting that synthetic rubber production has fallen in July 2008, compared to the month’s figures a year ago. Output has been measured at 8,186 tonnes, down from July ‘07’s figure of 8,256 tonnes.

In the period April-July, however, more synthetic rubber has been produced compared with the same period last year. 33,439 tonnes have come off the production line, compared with 32,748 tonnes in the same period last year. This 2.11 per cent rise has been matched synthetic imports in the period, jumping from 59,960 tonnes to 76,890. A similar pattern can be seen in the nationwide consumption of the product; the 93,715 tonnes demanded last year between April and July has risen this year to 100,045 tonnes.

28th October 2008/by Tyrepress Editors

Maywood Appointed Cartec Importer

Maywood Equipment Group has been appointed sole importers in The UK for the Cartec range of car and commercial brake testers. All Cartec brake testers are approved for MOT and ATL applications. Cartec are a company within The Snap-On Corporation and are one of the leading manufacturers of brake testers in the world with their manufacturing base and head quarters in Germany. Cartec have large design and development facilities and claim to be always at the forefront of brake testing technology. Many brake testing innovations have come from Cartec.

20th October 2008/by Tyrepress Editors

Apollo Seeks Extension on Anti-Dumping Duty to Radials

Apollo Tyres is said be calling upon the Indian government to impose anti-dumping duty upon cheap imported Chinese radials, as these products are hurting consumers. The Press Trust of India news agency has reported Apollo vice-chairman and joint managing director Neeraj Kanwar as saying “what China is doing is coming and dumping huge quantities of tyres because they have capacities lying idle, because they are not being able to export properly to America.

17th October 2008/by Tyrepress Editors

Yuill & Dodds Wins RMA Green Fleet Award

Yuill & Dodds, the Hamilton Scotland based haulage company, won this year’s Retread Manufacturers Association (RMA) Green Fleet Award. The award was presented to Brian Yuill of Yuill & Dodds by RMA director David Wilson at the Rubber Industry Dinner held at the St Johns Hotel in Solihull on 26 September. The Green Fleet of the Year Award is presented by the RMA to recognise fleets who have been particularly supportive to the retreading industry.

Yuill and Dodds are one of the biggest bulk hauliers in Scotland with over 200 tippers, tractors and trailers. They have been associated with Bandag for many years and fit retreads on drive axles on all tippers, bulk tractors and all positions on tipping trailers.

13th October 2008/by Tyrepress Editors

Russian Tyremakers Voice Support for Increased Import Duties

Russia’s leading tyre and rubber industry companies have met as part of a subcommittee organised by the Russian Federation’s Chamber of Commerce and Industry. The meeting, conducted by subcommittee chairman, Sibur-Russian Tyres’ Igor Karavaev, was held to discuss varying issues including import duties, the regulatory use of winter tyres in the Russian Federation and the issue of end of life tyre recycling.

10th October 2008/by Tyrepress Editors

India Reviewing Nylon Tyre Cord Anti-Dumping Policy

India has initiated a sunset review of Anti-dumping duty on imported Nylon Tyre Cord Fabric from China. The review has been called for as by the domestic industry as Indian companies in this sector wish to see the current anti-dumping duty both continued and enhanced. Notification of the review, released by India’s Department of Commerce on September 16, states that “dumping has continued in spite of imposition of antidumping duty on import of the subject goods from China PR and the domestic industry continues to suffer injury on account of dumping from the subject country.”

25th September 2008/by Tyrepress Editors

Corvette ZR1 Arriving in UK with Pilot Sport 2

When the Corvette ZR1 arrives in the UK market in October, the US performance car will offer motorists on this side of the pond a hand-built supercharged 6.2 litre V8 motor, a top speed of more than 200mpg, a 0 to 60 time of just 3.4 seconds – and Michelin tyres. The ZR1 comes fitted with Pilot Sport 2 tyres in size P285/30ZR19 for the front and P335/25ZR20 on the rear. The Michelin rubber will be wrapped around 20-spoke wheels featuring a standard sterling silver finish or optional chrome version.

“Supercar performance is at the heart of all Corvettes, and the ultra exclusive ZR1 gives us a chance to showcase technology advances,” commented Jonathan Nash, director in charge, Corvette UK. “And, in line with the full Corvette range, it is great value, offering an unbeatable combination of astonishing performance and everyday comfort and driveability.”

25th September 2008/by Tyrepress Editors

Indian Government May Offer Fuel-Efficient Incentives

The Indian government is pondering whether to offer fiscal incentives to popularise fuel-efficient radial tyres for trucks and buses, the country’s news media is reporting. It is thought that the tyres could save automotive fuel worth 200,000,000 rupees (2.4 billion pounds sterling) annually. The package would include exemption from excise duty, a reduction in import duty on machinery and a concessional VAT rate for a ten-year period.

By doing so, the Indian government would hope to increase the manufacturing of radial tyres within India, and boosting its market share to 25 per cent. The current level is between 4 and 5 per cent, an official in department of industrial policy and promotion told The Economic Times. The Automotive Tyre Manufacturers’ Association has demanded the incentive package that would reduce the cost of radial tyres by 30 per cent, added the source.

18th September 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

India Not Planning to Cut Rubber Import Duty

Indian officials are not planning to cut rubber import duties, despite the efforts of tyre manufacturers who had been lobbying for a reduction. India has imported about 24,410 tonnes of rubber for April to August 2008, Rajiv Budhiraja, director general of the All India Tyre Manufacturers’ Association, told Reuters. India imposes a 20 per cent duty on import of rubber, but only 7.5 percent on import of finished tyres, enabling the import of cheaper foreign tyres, especially from China. India is the fourth largest rubber producer in the world, producing over 950,000 tonnes annually.

9th September 2008/by Tyrepress Editors

Cooper to Free Up Domestic Capacity with China Imports

According to reports, Cooper Tire expects to receive around 2.5 million tyres from its Cooper Chengshan Tire facility in China during 2008. The total phase one capacity of the plant is 6.5 million units, and Cooper is planning an expansion of over two million tyres.

21st August 2008/by Tyrepress Editors

Dunlop India Test Marketing Sumitomo PCR Tyres

Dunlop India has reportedly begun the test marketing of passenger car radials produced by Sumitomo. These tyres will be sold in India under the Dunlop brand name.

The company’s plans to import passenger car radials is in addition to its TBR and OTR tyre imports, a current necessity for Dunlop. “We are facing technical problems in stabilising the production at Sahagunj beyond 50 tonnes a day,” commented Ruia Group chairman Pawan Kumar Ruia. “Until the problem is over, we cannot go for the slated capacity expansion.

21st August 2008/by Tyrepress Editors

Dunlop India to Import Radial, OTR Tyres

Further to the Ruia Group’s plans for Dunlop India outlined on August 19, the company is reportedly looking to source radial and larger size OTR tyres from overseas to fill gaps in its own domestic production programme. Some 10 to 15 containers of tyres will initially be imported from East Asia and sold in the Indian market under the Dunlop brand name.

20th August 2008/by Tyrepress Editors

Titan Tire Welcomes Anti-Dumping Determinations

Titan Tire Corporation says it welcomes news of the ‘affirmative injury’ determinations issued on August 15 by the US International Trade Commission (ITC) regarding the antidumping and countervailing duty investigations concerning off-the-road (OTR) tyres from China. By a vote of 5 to 1, the ITC ruled that these OTR tyre imports from China were causing material injury to US industry.

18th August 2008/by Tyrepress Editors

ITC Finalizes Anti-Dumping Ruling Against Chinese

The International Trade Commission affirmed a previous ruling by the Commerce Department, voting 5-1 to place anti-dumping and countervailing duties on certain OTR tyres imported from China. It was the final step in a year-long investigation by the U.S. into complaints filed by Titan International and the United Steelworkers. The final duty and penalty amounts will be posted by the Commerce Department later this year but are expected to follow its previous schedule.

The USW union cheered the result. “Today’s decision proves China cheats and that U.S. trade law enforcement is an important tool that will help level the playing field for U.S. workers by requiring Chinese tire imports to be priced fairly,” said USW President Leo Gerard. “This case shows the importance of vigorous enforcement of our trade laws as a first line of defense against unfair trade practices that harm American industries and jobs.”

18th August 2008/by Tyrepress Editors