industrial tyres Archives - Page 40 of 44 - Tyrepress

Industrial Tyres

Posts

Overview: Cheng Shin Rubber (Maxxis)

Taiwan’s Cheng Shin Rubber Industry Co. Ltd.’s decision to establish a production base in the People’s Republic of China makes sense because of the obvious linguistic and cultural similarities and the regional proximity. This tyre manufacturer is one of the most rapidly expanding companies participating in the Chinese tyre market and is also well represented in European replacement markets with its brand Maxxis; the company also produces the Cheng Shin brand.
Since Cheng Shin Rubber (Xiamen) Ind. Ltd. – a 100 per cent subsidiary of Cheng Shin Rubber from Taiwan – first began producing tyres in the city of Xiamen (Fujian province), the site has been continuously expanded. Today, the Xiamen facility mainly produces commercial tyres but also manufactures motorcycle and bicycle tyres as well as passenger car tyres. It goes without saying that the Triangle products are DOT- and E-marked for export markets and that the production facility is also certified according to ISO and QS. According to estimates the factory has a production capacity of about 12 to 13 million units.

8th August 2007/by Tyrepress Editors

Nokian Reports Strong Growth, Especially in Key Markets

Nokian Tyres’ interim report for the period between January and June 2007 was released on August 8, and the figures contained within show sales and profits heading in a welcome direction. In contrast with the figures recorded during the January-June 2006 period, sales increased by 23.8 per cent during the recent half year and totalled 432.5 million euros. Operating profit was 89.2 million euros, up from 48.6 million a year earlier. Net profit, which in January-June 2006 was 31.8 million euros, more than doubled to reach 70.1 million euros. Also more than doubled was earnings per share, which jumped from 0.26 euros to 0.57 euros.

“Nokian Tyres had a clearly better second quarter and first half of the year in 2007 compared to the previous year,” said Nokian president and CEO Kim Gran. “Net sales increased and operating profit improved in all profit centres in the company’s core markets. While most of the increase in sales came from Russia, steep year-over-year sales growth was also recorded in Eastern Europe and the Nordic countries. Passenger car tyre sales mainly consisted of winter tyres, but summer tyres also sold well. The latter were boosted by the Nokian Hakka summer tyre family, which saw its first season in consumer sales. Average tyre prices rose as a result of the improved sales mix, price increases and new products. The benefits gained from manufacturing operations in Russia improved profitability. The outlook for the rest of the year is good and the order book is strong, but sales growth and profit improvement will be more moderate than in the first part of the year.”

8th August 2007/by Tyrepress Editors

Watts Polymers Sold to Berwin Group

Watts Industrial Polymers Ltd has been sold to Berwin Group Ltd. According to Berwin, the acquisition, combined with the existing Berwin Group business, further consolidates Berwin’s position as the UK’s largest rubber custom compounder and broadens its coverage in business segments and markets not previously covered by Berwin.

This transaction will allow Watts of Lydney Group Ltd to concentrate on developing its two main business areas: Watts Industrial Tyres Plc a leading global provider of industrial tyres and service to the materials handling market, and Watts Truck Centre Ltd a regional truck and van dealership operating in Gloucester, Hereford, Worcester and Yate.

Manufacturing of the Watts compound range will remain at its Lydney site and Berwin is confident the acquisition will enable the Lydney site to continue its growth and further expand its global presence.

26th June 2007/by Tyrepress Editors

Vacu-Lug Signs Five-Year Deal With Nightfreight

Vacu-lug, Europe’s largest independent retreader of commercial and industrial tyres, has renewed its national distribution contract with leading specialist delivery business Nightfreight for a further five years. Nightfreight will collect new and professional retread tyres from Vacu-lug in Grantham and transport them to its regional hubs before distributing them nationwide to Vacu-lug’s 300 strong customer base which includes TDG, Keuhne & Nagel, Woolworth’s, and Veolia Environmental Services Ltd. Used casings will also be collected on a nationwide basis.

In addition from April 2007 Vacu-Lug reached agreement with Pirelli resulting in the transfer of their retread production and distribution to Vacu-Lug adding further volume into the Nightfreight distribution network.

21st June 2007/by Tyrepress Editors

Watts Becomes Certified Toyota Supplier

Watts Industrial Tyres was recently names as one of 20 select suppliers who achieved “Certified” status at Toyota’s annual supplier meeting in Ancenis near Nantes, France. In addition the company was one of only 13 suppliers presented with a special award for delivering 100 per cent of product to line on time over the assessed 12-month period.

Toyota Industrial Equipment S.A. (TIE SA) has grown substantially since the factory was built in Ancenis, near Nantes, on the West coast of France, and produced its first forklifts in 1996. TIE introduced its Certification process in 2004, with scores awarded to its suppliers for their performance in four key categories, quality, cost, delivery and environmental management. Watts Industrial Tyres achieved an overall score of 94 per cent for 2006 with Toyota awarding “Certified” status to those suppliers who achieve 90% or higher.

15th June 2007/by Tyrepress Editors

World’s Largest Retread Pour Machine Completes UK Trials

Amerityre Corporation has announced the completion of UK validation trials for the 2,500-pounds/1,100 kilograms per minute polyurethane pour machine commissioned for its Chinese licensee Qingdao Qizhou Rubber Co. Ltd. The polyurethane pour machine will be used by Qingdao Qizhou in the production of large OTR retread tyres at its production facility in Shandong Province, China.

Amerityre commissioned polyurethane equipment supplier Cannon to build the machine. Cannon appointed its CMT Equipment Ltd. division, located in South Yorkshire, to design and fabricate the required equipment. The trials held at the end of May demonstrated the machine’s ability to mix and deliver up to 1,100 kilograms of polyurethane per minute, a rate Amerityre believes makes it the largest known polyurethane pour machine in the world. It is currently being shipped to Shandong Province in China, where Qingdao will use the machine to pour polyurethane retread material onto large rubber mining and industrial tyres.

8th June 2007/by Tyrepress Editors

Sri Lanka Tyremaker Bids to Re-invent the Wheel

Company News, International News

(Akron/Tire Review – The International News (Sri Lanka) One of the world’s biggest solid tyremakers is trying to double its turnover and turn Sri Lanka into a key exporter of rubber products.Raw rubber has been the country’s second largest export commodity after tea, but a Belgian-Sri Lanka joint venture is trying to re-invent the way wheels are made and make the island a global hub for tyres.

Solideal Loadstar is one of Sri Lanka’s best-kept secrets and its biggest exporter, accounting for just over two per cent of the nation’s near seven billion dollar export earnings. “In the world market, we now control 20 per cent in the solid tyre and about five per cent in the industrial tyre markets,” chairman Nihal Jinasena told AFP.

“Any fool can make a tyre,” said Jinasena, whose family controls 40 per cent of Solideal Loadstar. “What is difficult is to keep innovating, penetrate markets worldwide and to support your sales.”

4th June 2007/by Tyrepress Editors

Puncture Proof Industrial Tyres on Show

The company behind the British-made AirBoss tyre system has announced that it is exhibiting at the SED show on 22 May in Corby. The system comprises rubber segments, made in a high-quality environment, and individually bolted to a bespoke metal rim. The clever thing is the segments can be refitted in minutes, by the vehicle’s operator! The AirBoss system is typically fitted to vehicles such as skid steers, dumpers, loaders & access platforms.

Recently, AirBoss launched a new and improved, puncture-proof tyre system, now with silica, eliminating the migration of cracking and reportedly extending the life cycle.

16th May 2007/by Tyrepress Editors

Michelin Romania Truck & OTR Tyre Production up 23%.

Michelin’s subsidiary in Romania, Michelin Silvania, has indicated it expects production at its facility in the city of Zalau will rise by 10 per cent this year, following an increase of 23 per cent during 2006. The factory, which focuses on the production of truck and OTR tyres, currently has an annual output of 600,000 units

Speaking to local media, factory manager Jana Popa painted an upbeat picture of the coming year. “We have already conquered the market of tyres for agricultural equipment, heavy vehicles and lorries, which will ensure an over 10 per cent increase in the volume of our production, while at the same time doubling the volume of semi-finished products exported to Eastern Europe,” she said. “We are also relying on the fact that we have regular clients buying our tyres and demand on the market is currently witnessing an upward trend.”

23rd April 2007/by Tyrepress Editors

Watts Tyres Establishes Joint Venture with Bulgarian Partner

International News, Product News

Gloucestershire based Watts Tyres has entered into a joint venture agreement with Bulgarian rim and wheel manufacturer Balkancar Zarya. The two firms have established the joint venture company “Watts Zarya Limited,” which will concentrate on providing industrial wheel and tyre products to the materials handling OEM market via a just-in-time delivery system.

According to Jean-Paul Mindermann, chief executive for Watts Tyres Plc, “the new joint venture is a cornerstone of our strategy to be the leading wheel and tyre provider to the materials handling industry.” He added “Balkancar Zarya is an excellent partner with high quality wheels to complement our tyres and existing wheel business. With Bulgaria recently joining the EU, the timing and location is perfect to offer OEM’s the high quality and competitive solution that they are searching for.“

22nd March 2007/by Tyrepress Editors

Watts Tyres Makes New US Acquisition

UK based company Watts Tyres Plc has announced the purchase of Diprima Industrial Tire after reaching an agreement with Diprima Marketing Services Inc. This latest acquisition, combined with Watts’ existing US facility in Valley City, Ohio, gives the firm a strategic position in both the northern and southern US states, putting it in a better position to achieve its ambitious growth plans.

1st February 2007/by Tyrepress Editors

Ex-BKT Manager to Join Alliance Takeover-Bid

Former Balkrishna Industries Ltd. executive director Yogeshkumar (Yogesh) Mahansaria and his brother Ashokkumar have reportedly quit the fast-growing Indian tyre producer, citing “family differences” as the reason. Yogesh has now teamed up with US equity firm Warburg Pincus to acquire Israel’s Alliance Tire for US$45 million. Alliance has been in negotiations with the two buyers, and the transaction is expected to be completed before June. The Alliance purchase forms part of a new venture that Yogesh Mahansaria has been quoted as saying he intends to float in the near future.

30th January 2007/by Tyrepress Editors

Trelleborg Company News

In these parts Trelleborg is best known for their agricultural and industrial tyres, but Trelleborg Wheel Systems is just one small spoke in the Trelleborg Wheel. The company Trelleborg AB is represented in 40 countries and employs approximately 23,000 people.

9th January 2007/by Tyrepress Editors

Juma Al Majid Yokohama Partnership

Emirates tyre and battery distributor, Juma Al Majid Est recently celebrated its continuing partnership with Yokohama by running a test drive and launch day for the Japanese manufacturer’s Geolander range of tyres at the Expo Center, Sharjah. Present on the occasion were Mr Morita, general manager, Mr Hanatate, general manager, Mr Ghulam Nabi, department manager, Mr Longie, deputy GM, Mr Yoshimura, GM, Mr Miyamoto, GM, Mr Yagita, manager engineering and other senior officials. With the year 2006 so far having yielded strong results, Juma Al Majid Est. & Yokohama foresees a bright 2007 with the prime focus of quality service and customer satisfaction.

11th December 2006/by Tyrepress Editors

Trayal Sold to a Bulgarian Power Supplier

International News

Serbia’s second largest tyre manufacturer, Trayal Corp., is soon to be sold and therefore privatised. According to reports, the privatisation agency in Serbia has announced a public tender to bid for the traditional state-owned company. The Bulgarian power supplier Brikel EAD has now made the highest offer and will soon start to negotiate the details of the deal with the agency, local media sources wrote. The bid was £8.2 million for a majority share plus modernisation investments of up to £16.9 million.

1st December 2006/by Tyrepress Editors