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Whether its raw materials, machinery, research and development or the latest manufacturing trends, this tag provides up-to-the-minute insights into the upstream part of the tyre industry.

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‘Do As the Best Do’

Samson Machinery Inc was founded in 1975 by Mr Lin Kun-Te. Since then the company has grown 10 per cent per year on average and has produced the only Taiwanese machine capable of producing 24-inch tyres, the ZR2024.

In thirty years of manufacturing, working with customers in numerous countries, Samson has acquired a level of knowledge and experience that has enabled it to follow a pattern of steady growth. The business’ growth has been particularly strong in recent years, something that has been reflected in factory size, worker numbers and sales figures.

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Dumping Waste Oil is Illegal

The Environment Agency today launched a new awareness campaign reminding companies, businesses and local mechanics to dispose of waste oil safely and legally or face tough penalties.

Under the new Waste Incineration Directive – to be implemented on 28th December 2005 – companies that incinerate waste oils such as, power stations and road stone coaters, must meet strict new environmental regulations. As a result, the price of disposal is expected to increase.

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Hayes Lemmerz Receives Supplier of the Year from Strick Trailer

Hayes Lemmerz International, Inc has announced that its Commercial Highway operations in Akron, Ohio and Berea, Kentucky have received the 2005 Supplier of the Year Award from Strick Trailer for their exceptional effort in providing quality products and services.

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CITExpo is Poised to Reshape the Tyre World

(Akron/Tire Review) China has been reshaping the tyre world in the recent years, with most of the world’s leading brands either launching or expanding their manufacturing bases and sales networks in China. But even there, the key players need a trade show to effectively meet the needs of distributors, suppliers and manufacturers.

The third annual China International Tire Expo (CITExpo), to be held in Shanghai from 14-16 December aims to link the professionals from the worldwide tyre industry. According to the organisers of CITExpo, thousands of buyers from over 66 countries attended last year’s event, and hundreds more are expected this year. Exhibitors were satisfied with the results and found that it was much easier for them to close the trade leads and obtain buyer information at CITExpo, according to organisers.

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Rodia Named EVP, COO of Titan International

(Akron/Tire Review) As of 1 November, Ernest J Rodia is Titan International Inc’s new executive vice president and chief operating officer (COO). Rodia had worked for Goodyear Tire & Rubber Co since 1966 in various capacities, including vice president of global engineering and manufacturing technology. He had been instrumental in Goodyear’s entry into radial tyres and directed tyre manufacturing in the tyre company’s European and Asian markets.

Rodia also worked as plant manager of Goodyear’s Kelly-Springfield/Goodyear farm tyre plant in Freeport, Illinois. He earned a mechanical engineering degree from Virginia Polytechnic Institute and a management degree from Harvard University.

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Overpriced or Undervalued?

When Bridgestone recently announced that it would increase prices in Europe it was the latest in a string of decisions by tyre manufacturers around the world. It seems that no matter where in the world a company is based, companies cannot avoid the increased price of raw materials and particularly natural rubber, synthetic rubber and steel. But T&A would like to know what you think about the recent spate of price increases issued by manufacturers around the world? Are they a necessary evil, a stealth tax on distributors or just the result of prudent financial planning on the part of the manufacturing business? To place your vote and leave your opinion click here.

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Superior Industries’ Third Quarter Results

Superior Industries International, Inc has announced operating results for the third quarter and first nine months of 2005 in-line with management’s prior guidance and analysts’ expectations. For the three months ended 30 September 2005, revenue decreased 5.9 per cent to $187,618,000 from $199,328,000 for the third quarter of 2004. Wheel revenue declined 7.2 per cent to $178,288,000 from $192,164,000, as unit wheel shipments declined 7.8 per cent. Components revenue increased 30.2 per cent to $9,330,000 from $7,164,000.

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Hankook Opts for Hungary

Hankook Tire Co said yesterday it will build a 500 million euro manufacturing plant in Dunaujvaros, Hungary, 68 kilometres south of Budapest. The European plant is expected to begin tyre production in the second half of 2007, the Korea Herald has reported. Te news comes following the collapse of a similar deal with Slovakia, which fell apart because of disagreements about government subsidies.

Before the Hungarian deal was finalised, local news sources had described the Hungary incentive package offered to Hankook Tire Co as a state secret. However, the reports said incentives include direct and indirect subsidies, tax breaks, training opportunities and infrastructure, amounts to no more than about 10 per cent of the total investment value.

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Bridgestone Europe Announces Price Increases

Bridgestone Europe NV/SA announces that it will increase prices on all of its tyre brands and categories. It will apply to all replacement channels in all European countries. The increases are up to 5 per cent and are scheduled to take effect from 1 January 2006.

According to Guenter Unterhauser, senior vice president sales & marketing of Bridgestone Europe: “Our manufacturing divisions are facing huge increases in raw materials costs. The recent increases in oil based raw materials, as well as natural rubber and energy, puts us in the situation where we have to increase prices.”

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Amtel-Vredestein Launches “Premium” Vredestein Brand in Russia

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(Akron/Tire Review) Since its formation in the aftermath of communism in Russia, Amtel has had its eye on greater things. Once a collection of low-tech, Soviet-era tyre factories, bought up by founder and India native Sudhir Gupta, Amtel has invested heavily in modernising its plants and improving its tyre technology.

Steady growth gave the company the capital to make a bold move, which it completed in April with the acquisition of Dutch tyremaker Vredestein Banden. Now, it has unleased that top-shelf tyre brand on the Russian market.

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Cooper Buys Majority Share of Chinese Manufacturer

(Akron/Tire Review) Cooper Tire & Rubber Co. today announced that it has reached an agreement to acquire 51 per cent ownership in Shandong Chengshan Tire Company Ltd. (Chengshan) of Shandong, China, and will partner with that company to create Cooper Chengshan (Shandong) Passenger Tire Co. Ltd. and Cooper Chengshan (Shandong) Truck Tire Company Ltd. Cooper said the total investment in the acquisition would be approximately $70 million.

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CTNA’s Charlotte Tyre Plant Faces Uncertain Future

(Akron/Tire Review) Continental Tire North America Inc. (CTNA) may cut additional jobs at its Charlotte, NC, tyre plant or shut down the facility, according to Alan Hippe, chief financial officer for Continental AG. Hippe told The Charlotte Observer that the Charlotte plant is CTNA’s most expensive manufacturing facility. Health care and pensions are primarily responsible for the high costs, he told the newspaper.

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Goodyear to Invest $18 Million on Expansion in India

(Akron/Tire Review) Goodyear Tire & Rubber Co said it will invest $18 million in the company’s Indian operations next year. The investment, according to Goodyear, will be used to upgrade technology and increase production capacity for passenger tyres.

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Dunlop Tyres Zimbabwe Set to Re-Open

Dunlop Tyres, Zimbabwe’s only tyre manufacturing firm could soon reopen following the intervention of Industry and International Trade Minister, Obert Mpofu. Dunlop shut down three weeks ago, sending 820 workers home after the Reserve Bank of Zimbabwe (RBZ) failed to pay the firm its foreign currency allocations under an exclusive agreement. The government is now expected to pump up to US$350,000 into Dunlop towards imports for raw materials. “It is envisaged that Dunlop will have a three-day working week until foreign currency inflows normalise,” newzimbabwe.com reported.

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Nizhnekamskshina Expands Into Using Silica Technology

After several years of working in close association with engineers from one of the world’s largest tyre manufacturing factories, Chronos Richardson has secured a major order from the CIS. Valued at more than 2.5 million euros, the contract is for silica-based tyre compounding systems for the Nizhnekamskshina factory in Tartarstan.

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