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Bridgestone increasing consumer tyre capacity in Brazil

Around US$63 million is to be invested in Bridgestone’s Camaçari tyre plant in Brazil in order to increase capacity for manufacturing passenger car and light truck radials there. Work to expand the factory is expected to be completed in time for a start of increased production in May 2015, and from that date the Camaçari plant will be equipped to deliver an additional 2,100 tyres a day, giving the facility a total production capacity in excess of 10,000 tyres a day. Almost 100 new jobs will be created at the site in Bahia state as a result of the expansion.

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Related news:

  1. Extra capacity for Bridgestone US plant
  2. Bridgestone Americas Officially Opens New Manufacturing Facility
  3. Rising demand prompts Michelin US factory expansion
  4. Bridgestone US plant reaches production milestone
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UK company simplifies ‘rubber asphalt’ process

Ground rubber from scrap tyres has resilient properties that can be used to enhance the performance of construction products. For the asphalt industry, which currently depends on materials with very high embedded energy costs – polymer-modified bitumen is expensive in carbon terms both to make and to transport and store – asphalt made using bitumen modified with rubber concentrate from ground recycled tyres could therefore offer a welcome solution to greenhouse gas emissions associated with traditional asphalt manufacturing.

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Related news:

  1. Recycling Rewards
  2. SweetskinZ Adds Colour to the UK Tyre Market
  3. Before Chipping: Crushing and Cutting
  4. Pelmar Acquires Equipment from Alliance in Israel
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Michelin inaugurates 8th earthmover tyre plant – just 17 months after groundbreaking

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As reported yesterday, Michelin North America has held an event to mark the opening of its newest manufacturing facility, just 17 months after breaking ground at the site. Test production has already begun at the plant and the first commercially available tyres will be manufactured next month. Michelin says 80 per cent of the large earthmover tyres produced in the Anderson County plant will be exported to mining operations around the world.

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Related news:

  1. Michelin reveals new OTR plant ‘aggressive’ timetable
  2. Protean establishing factory for electric in-wheel drive system
  3. Yulex, Versalis to produce guayule rubber in Southern Europe
  4. Michelin North America Plans Major Plant Expansion Project
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Conti to double Otrokovice TBR capacity, widen export programme

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The Continental truck and bus tyre factory in Otrokovice, Czech Republic will be significantly expanded, the tyre maker announced today. A total of €165 million will be invested over a period of five years to ultimately double truck and bus radial production capacity at plant to close on 1.5 million units per annum. More than 300 new jobs will be created throughout all production areas, and the enlarged plant will service the American and Russian markets in addition to the areas it currently supplies.

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Related news:

  1. Conti releases Q3 results, lifts EBIT target
  2. Production begins at Conti’s Kaluga plant
  3. Chinese Manufacturers Focus on OTR Tyres
  4. CTNA Unveils Three New Truck Tyres
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Mitas signs Claas OE deal

Mitas has announced that the Czech tyremaker signed a long-term agreement with Claas at the recent Agritechnica event. “Our cooperation with CLAAS is excellent. We are continuing our collaboration, which dates back to 2004, when Mitas acquired the Continental farm tyre manufacturing division,” said Andrew Mabin, Mitas’ marketing and sales director.

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Related news:

  1. Mitas OE on Russian-made Case, New Holland products
  2. Mitas previews additions to SFT range
  3. Mitas at full production in new Otrokovice plant
  4. CGS Promotes Semperit Brand
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Terex sell rigid truck business to Volvo for US$160 million

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Terex Corporation has agreed to sell its truck business to Volvo Construction Equipment for approximately $160 million. The truck business manufactures and sells off-highway rigid and articulated haul trucks. The deal includes the firm’s Motherwell, Scotland manufacturing facility. The sale, which is subject to government regulatory approvals and other customary closing conditions, is targeted to close in the first half of 2014.

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Related news:

  1. Analysts Predict Michelin Will Invest in Chinese Tyre Production
  2. Shandong Yongtai, Treadsetters buy Covpress
  3. Pirelli truck tyres separating and merging with Aeolus/ChemChina
  4. Cabot buys Chinese nanotube supplier for $115 million
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Groundbreaking for Toyo expansion in US

Toyo Tire North America Manufacturing, Inc. (TNA) has broken ground on a 700,000 square foot (65,000m²) addition to its 2 million square foot (186,000 m²) tyre manufacturing facility in White, Georgia. The plant’s warehousing capacity will also be expanded by 323,000 square feet (30,000m²); Toyo says it needs a larger warehouse area to accommodate increasing demand for Toyo and Nitto brand passenger car and light truck tyres. Parent company Toyo Tire & Rubber is investing US$371 million in the TNA expansion over the next four years.

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Related news:

  1. 200 New Jobs for Expanded US Toyo Plant
  2. Is Conti’s Truck Tyre Production Heading East?
  3. Toyo Announces Tire Production in the United States
  4. Michelin reaches 30 million mark at Ballymena
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Thailand market dominated by 3 tyre majors – report

According to a report from market research and consulting company TechSci Research, three tyre majors account for more than 70 per cent of tyre sales in Thailand. Bridgestone, Michelin and Goodyear dominate a market that is expected to grow significantly in the next few years and generate revenues up to around US$17 billion by the end of 2018. However the report, titled ‘Thailand Tyre Market Forecast and Opportunities, 2018’, opines that companies such as Yokohama, Sumitomo and Continental tyres are providing these three with “tough competition”.

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Related news:

  1. Thai Coup Has Unknown Impact on Tyre Business
  2. Michelin and Pirelli lead in rubber sustainability – Context Group
  3. Hankook, Goodyear, Yokohama winners at Tire Technology awards
  4. Michelin still top online brand, but the gap’s narrowing
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GfK: Indian replacement tyre market 5.5 million units

GfK has been carrying out research on car tyres in India since January 2013 and says that, although demand for passenger cars in India has fallen somewhat short of expectations this year, the replacement passenger car tyre market is thriving with robust sales reported for car and SUV tyres in the last three quarters. Car owners in the top 43 cities in India bought more than 5.5 million tyres in first nine months of the year; with the third quarter sales volume having surged by a substantial 11 per cent over the previous quarter.

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Related news:

  1. JK Tyres Sales Up but Profits Down in Q1, 2010
  2. JK Tyre Q3 Net Profit Down Three-Quarters
  3. Apollo reaches million milestone
  4. Govind Rubber expands with India plant, Netherlands subsidiary
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Apollo, Sumitomo close African deal

The sale of Apollo Tyres South Africa (ATSA) to Sumitomo Rubber Industries has been closed, report Sumitomo and Apollo Tyres. In exchange for US$60 million, the Japanese firm now holds the rights to the Dunlop tyre brand in a further 30 African and two Indian Ocean region countries. Also included in the deal is the 9,600 tyre per day Ladysmith PCR factory that Apollo acquired as part of its Dunlop South Africa purchase in 2006, the ATSA distribution and sales network, and the ATSA distribution, sales and head office teams. Apollo retains the 2006-acquired Durban factory, which manufactures TBR and off-road tyres.

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Related news:

  1. Apollo Appoints Satish Agarwal as Chief of Manufacturing
  2. Joint African Import Tax Causing Harm, Says Sameer
  3. Apollo Tyres to Supply 50% Nissan Truck South Africa OE Needs
  4. Dunlop Zimbabwe Ends South Africa Toll Agreement
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Cooper opens purpose-built distribution centre in Belgrade

Cooper Tire has announced its plan to open a 6,800m2 distribution centre in conjunction with logistics expert, Milsped, in Belgrade, Serbia. The facility will be located alongside Milsped’s corporate headquarters in the Krnjesevci area of Belgrade. Due to open in December, the centre will have a storage capacity of up to 400,000 tyres.

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Related news:

  1. Lanxess Results Show Upward Trend
  2. Goodyear “On the Right Path” in Second Quarter
  3. Goodyear Q2 results 'another step on the path towards 2013 targets'
  4. Cooper acquisition is a game changer – Apollo MD talks to T&A
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Report: South Korea to grow 5% CAGR from 2013 – 2018

Analysts at TechSci Research have published a new report highlighting the growth potential of the South Korean tyre market. According to the report entitled “South Korea Tyre Market Forecast & Opportunities, 2018”, the tyre market in South Korea is expected to grow at the compound annual growth rate (CAGR) of 5 per cent between 2013 and 2018 in terms of sales revenue.

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Related news:

  1. Back in REACH – Zafco responds to ETRMA result
  2. Cabot Chemicals Announces Closures and Layoffs
  3. Kramer praises loss-making Goodyear for ‘improvement across all businesses’
  4. Goodyear Q2 results 'another step on the path towards 2013 targets'
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Conti begins Chinese run-flat production

Sales of locally-produced Continental run-flat tyres will reportedly begin in China before the end of this year. Quoting Jay Dhillon, general manager of Continental Tires China, the China Daily wrote on 28 November that annual output of these products will reach 340,000 units next year and 510,000 units in 2015. Hefei is the fourth Continental plant to begin run-flat production, after Aachen (Germany), Port Elizabeth (South Africa) and Mount Vernon (USA).

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Related news:

  1. South African Anti-Dumping Decision "Means Level Playing Field"
  2. New investors expected to restart GTEA production
  3. Tiger Auto Mauls a 19 Per Cent Headline Earnings Increase
  4. Conti Adopts EMEA Name for Regional Distribution Network
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Capacity increase for Yokohama in Thailand

According to news reported by the Bangkok Post today, Yokohama Rubber intends to double capacity at its Rayong factory in Thailand; the stated reason for this increase is to equip the country as a base from where the ASEAN region can be supplied.

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Related news:

  1. Tsuruno to head Yokohama Asia
  2. Yokohama Thai Subsidiary Officially Opens
  3. Yokohama Rubber Reports First Quarter Net Income of 1.6 billion yen
  4. Yokohama to Build TBR plant in the US
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Gebrüder Schaad becomes Starco GS

To mark the completion of Swiss company Gebrüder Schaad into the Starco organisation, the new entity Starco GS held a distributor day earlier this month at the company’s facility in Sübingen, Switzerland.

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Related news:

  1. Starco launches YouTube channel
  2. Starco Sweden a Däck Partner top supplier
  3. Starco gains exclusive European distribution of Buco range
  4. Starco enters Baltic, CIS JV with Tente
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