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Remoulding the UAE: Recessionary factors put pressure on suppliers and retreaders

International News, Retreading

Those living in the seven emirates that make up the UAE – Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain – are certainly no strangers to high temperatures. While the mercury rose to 47 degrees Celcius and above this summer, pressures caused by the global economic crisis, which triggered a local property collapse in its wake, have also put the heat on the domestic new tyre and retreading markets. Tyres & Accessories recently visited to the country’s largest Emirate by population (Dubai) to learn more about the local and regional retreading and new tyre markets.

14th September 2011/by Tyrepress Editors

Dubai imported US$1.079 billion of tyres in 2010

International News

Data released during Automechanika Middle East shows that the overall volume of aftermarket trade that passes through Dubai is heading back to historically record levels following the recession. According to the Dubai Ports and Customs import, export and re-export figures, Dubai experienced its market peak and then decline a year later than in Europe.

1st July 2011/by Tyrepress Editors

10 Stowaways Found Hiding in Tyre Truck

The UK Border Agency (UKBA) has reported that 10 stowaways have been found trying to enter the UK in a lorry load of tyres heading for Basildon, Essex. The men, who were from a number of countries including Vietnam, Iran and Iraq, were sniffed out at Calais ferry port by the UK Border Agency (new window) body detection dog, 'Buddy' on 26 July. Border officers removed the would-be illegal immigrants from the lorry and handed them over to French authorities.

4th August 2010/by Tyrepress Editors

Iran to Invest $440 million in Tyre Factory

Irans’s Industrial Development and Renovation Organization (IDRO) has reportedly earmarked $440 million dollars for the construction of a tyre factory in the country’s western Kordestan province. According to a report in the Tehran Times, the goal ultimate goal is for Iran to become self-sufficient in terms of tyre production.

14th January 2010/by Tyrepress Editors

Kenda Supplying Iran’s Largest Carmaker

Kenda has reported the commencement of an OE agreement with Iran’s largest car producer, the Saipa group. Since November 2008, the Taiwanese manufacturer’s tyres have been fitted as original equipment on Kia Pride models built by Saipa under licence. The vehicle, fitted with Kenda’s KR23-Komet Plus tyre in size 165/65R13, is sold in a number of export markets, including Azerbaijan, Armenia, Algeria, Egypt, Jordan, Libya, Lebanon, Syria, Sudan, Turkey, Turkmenistan, Morocco, Kyrgyzstan, Venezuela, Yemen, Uzbekistan.

3rd February 2009/by Tyrepress Editors

Iranian Tyre Workers Stage Further Protest Against Unpaid Wages

On the morning of August 13 more than 500 protesting employees from Iran’s Kiyan Tire blocked the highway between Tehran and Saveh, demanding to be given their unpaid salaries. The country’s State Security Forces used helicopters to suppress the demonstrations. The day’s activities were the latest in a string of wage-related incidents that began on April 12.

14th August 2008/by Tyrepress Editors

Workers at Iran’s Kiyan Tire Resume Strike Action

Employees at Iran’s Kiyan Tire have gone on strike for a second time this year due to pay related disputes with the factory’s management. The striking workers have threatened not to return to work until management meets their demands. This latest action echoes strike action on April 13, in which workers that had not been paid for several months burned used tyres to block the highway between Tehran and the city’s western suburbs.

29th July 2008/by Tyrepress Editors

Workers Strike at Kiyan Tire, Iran

Workers have been on strike at Kiyan Tire Factory, Iran, since Thursday 10 April. As workers ended their third day of strike, on Saturday 12 April, they burned tyres on highway between Tehran and Islamshahr. According to anti-government news reports, striking workers have not been paid “in the last few months” and some since last autumn.

14th April 2008/by Tyrepress Editors

Fifth Azerbaijan Autoshow to be Held in March

The fifth annual Azerbaijan International Automotive Exhibition – Autoshow 2008, takes place between 13 and 16 March 2008 in Baku, Azerbaijan. Alongside it Autoparts 2008 will showcase the region’s aftermarket offerings. The event is organised by the British Company ITE Group PLC (www.ite-exhibtions.com) and it’s partner in the Caucasus – ITECA Caspian LLC (www.iteca.az). AutoShow 2008 presents the opportunity to meet the traders and representatives of business circles from Azerbaijan, Georgia, Russia, Turkey, Iran and Central Asia. You can visit the official site at www.autoshow.az.

6th February 2008/by Tyrepress Editors

Iran Designs Nano Tyres

International News, Product News

Iran’s Polymer and Petrochemical Institute incorporated “highly friction-resistant” nanotechnology into the development of vehicle and aircraft tyres. According to a Meridian Institute report, Iranian researcher Mohammad Karrabi said: “In this method, the frictional resistance of tyres has been increased through calculating the mechanical characteristics of them. Lower rolling resistance and higher frictional resistance will lead to less fuel consumption.” He also said that the use of nanotechnology will help Iran’s automobile manufacturers compete in the market. The project, which was launched with support from the Presidential Office last year, will be completed by next year.

14th August 2007/by Tyrepress Editors

Iran’s Yazd to Benefit from IDB Loan

The Islamic Development Bank (IDB) is preparing to grant a 10 million euro loan to Yazd Rubber Industries in central Iran. The company will use the loan to acquire raw materials.

Yazd Rubber Industries specialises in the manufacture of tyres and inner tubes for bicycles, motorcycles, passenger cars and light trucks, and – according to the company – produce ranges of both summer and winter tyres.

10th April 2007/by Tyrepress Editors

Iran to Benefit from Tyre Loans

The Saudi-based Islamic Development Bank (IDB) is planning to offer loans of approximately £4 million to help the development of Iran’s tyre industry. On January 2 details of a statement from the bank’s Iranian representative, Tahmasb Mazaheri, were made public. Mr. Mazaheri was quotes as saying that the purpose of the loan was for the purchase of raw materials for tyre production within the Islamic Republic.

The IDB grants loans according to the principles of Islamic Law for the purpose of fostering economic and social progress within Muslim nations and communities.

3rd January 2007/by Tyrepress Editors

Iranian Tyre Industry Looks to Global Players

International News

Iran’s vast oil-rich, semi-arid landmass stretches out across 1,648,000 square kilometres between the Gulf of Oman and the Persian Gulf in the south and the Caspian Sea in the north. Wedged between Iraq and Pakistan Iran is the 18th most populated country in the world with 67,503,205 inhabitants at the last count. Iran’s economy is marked by a great reliance on the oil sector, including petrochemical and natural gas.

24th August 2005/by Tyrepress Editors

Amtel to list 40 per cent of shares

Amtel plans a foreign listing of up to 40 per cent of its shares in October next year. Amtel controls a third of the Russian tyre market. The company expects a capitalisation of around 500 million US dollars. Amtel is considering buying a plant in Iran and is looking at expanding in Malaysia. Meanwhile an agreement with Nokian is being dissolved, though the final arrangement between the two has not yet been confirmed.

19th March 2004/by Tyrepress Editors

Iran tyre cord player emerges

Saba Tire Cord Manufacturing Complex of Iran has established a nylon tyre cord production facility about 15 km north east of Zanjan, Iran. The operation, which started up in April last year, is the largest such facility in the Middle East region, the company claims. Saba’s 600-employee facility has an annual production capacity of 15,000 tonnes of different tyre cord fabrics. Saba is owned by Rubber Industries Investment & Development Co., an Iranian holding company.

13th February 2004/by Tyrepress Editors