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Tag Archive for: Manufacturing

Cooper posts record results

Cooper Tire & Rubber Company has reported its fourth quarter and full year 2012 results, including record net sales of US$1.1 billion in the final quarter, and increase of two per cent on the same period a year earlier. Operating profit also reached record levels in the fourth quarter, amounting to $124 million – $65 million higher than fourth quarter 2011 and 11.7 per cent of net sales. The company reported net income attributable to Cooper Tire & Rubber Company of $1.15 per share, or $73 million in the fourth quarter.

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  1. Official opening for Cooper Tire’s Serbian facility
  2. Cooper Tire Increases Investment
  3. Cooper Announces US Recall
  4. Goodyear Launches EV-4R Harbour Tyre
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Continental introduces “LifeCycle” solid rubber retread

Continental’s Specialty Tires business unit has added an eco-friendly product, LifeCycle, to its portfolio. The solid rubber tyre is retreaded upon selected used casings, the utilisation of which is said to lead to considerable savings in energy raw materials used in the production process, and this lowers product price. “With customers’ help this large-scale recycling initiative will help to bring down the number of scrap tyres needing disposal as well as the emission of climate-changing CO2,” shared Continental in a written statement. “Continental LifeCycle protects nature and offers cost savings.”

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  1. Conti reports dandelion rubber ‘breakthrough’, work on pilot facility underway
  2. Interest in Tyre Recycling Increasing, says Eldan
  3. Cooper appoints new European subsidiary director
  4. 2012 a challenging year for the CV sector, reports Conti
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Michelin joins Industrial Cadets programme

Michelin is one of several north Staffordshire companies to join an initiative to give young people an insight into potential careers in industry. The scheme, entitled “Industrial Cadets”, is a response to the concerns of engineering and manufacturing companies, who say there is a skills shortage in this area, affecting the sector’s ability to expand. Initially launched in Redcar by Tata Steel and supported by the Prince of Wales, Industrial Cadets is being rolled out nationally by the Engineering Development Trust (EDT).

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  1. Some Michelin Europe plants reducing production
  2. Michelin to Cut Some, Upgrade Other Operations at Stoke Facility
  3. Michelin Development Loans Creating 160 New Jobs in Canada
  4. Michelin Romania Plant To Resume Production
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Apollo drops European factory plans – report

It appears Apollo Tyres may have shelved its plans to establish a greenfield plant in Eastern Europe. Indian Financial Daily the Financial Chronicle writes that the tyre maker has “decided to drop its tyre plant proposal in the Eastern Europe region now due to declining volumes and uncertain economic environment.” Further details were not supplied.

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  1. Thai Bridgestone Plant to Feed Growing Global TBR Demand
  2. Bridgestone breaks ground on Vietnam plant
  3. Apollo in final stages of selecting Asia plant location
  4. Report: Gajah Tunggal to Expand Production Plant
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VMI introduces Cortexx control portal

In addition to launching its FLEXX Belt Maker at this week’s Tire Technology Expo – for which it won the show’s ‘Tire Manufacturing Innovation of the Year’ award – VMI introduced its new tyre production equipment control portal. Called Cortexx, the new control portal is said to be a user-friendly system that employs the same look-and-feel for user interfaces across all machines, making it easier for operators and maintenance technicians to work across several pieces of equipment.

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  1. Hands-off: VMI introduces Exxium tyre builder
  2. Fire Closes Bridgestone Tokyo Tire Plant
  3. Micheldever’s 2011 sales to exceed £350 million
  4. Industry innovators honoured at Tire Technology awards
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Grouptyre Promotes exclusive van tyres

Independent UK wholesaler Grouptyre offers an extensive choice of van tyres from its exclusive brands Evergreen, Federal and Goodride. Covering a wide range of sizes for all light commercial vehicle operations, Grouptyre says it has a van tyre for every use. The company adds that its delivery service is unrivalled, and therefore it can ensure it can get the right tyre to its customers whenever they’re needed.

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  4. Michelin TBR dealers in Ballymena visit
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Innovators acknowledged at Tire Tech awards

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At the 13th annual Tire Technology Expo awards, held last night in Cologne, Apollo Tyres was honoured as Tire Manufacturer of the Year. Shortlisted alongside Bridgestone, Continental and Sumitomo Rubber Industries, Apollo was selected for the award in recognition of the brand’s continued expansion in the European market, growth underpinned by the launch of key products such as its first high performance summer tyre for Europe, the Aspire 4G, and the inauguration of a new technical centre in Enschede, The Netherlands, a site that has taken on global responsibility for passenger car tyre research and development. Announcing Apollo’s selection as Tire Manufacturer of the year, Tire Technology International noted the company’s “impressive” financial growth; in 2011-12, Apollo’s revenue exceeded US$2.5 billion for the first time.

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  4. Bridgestone presents evolution of non-pneumatic tyre
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Opening ceremony for Bridgestone’s 2nd Indian factory

A formal opening ceremony has been held for Bridgestone’s new factory in India. The Pune plant, located 100 miles southwest of Mumbai and operated by subsidiary Bridgestone India Private Ltd., is the tyre maker’s second in India. Production of passenger car radials began in January and capacity is expected to reach 10,000 units per day by the end of 2014. Truck and bus radial production will begin in Pune in October and daily capacity will reach 3,000 units by the second half of 2017. Bridgestone says approximately 50 billion yen (£341 million) has been invested in the 760,000 square metre plant, which as of January employed 500 workers.

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  1. India Bridgestone’s “Top” Asia-Pacific Priority
  2. Bridgestone to Commence TBR Production at Indore, India Plant
  3. Bridgestone to Expand Capacity at Two Asian Facilities
  4. No European Plant for Apollo, Vredestein Plant Gets Nod
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Royalties from Cabot-Michelin agreement begin flowing

US-based speciality chemicals company Cabot Corporation has announced reaching “another key milestone” in its technology licensing agreement with Manufacture Francaise des Pneumatiques Michelin for use of Cabot’s patented elastomer composite technology in tyre applications. Regular royalty payments to Cabot have now begun and will extend through fiscal 2022.

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  1. Michelin Sets Firm India Plant Plans
  2. Buyer for Sibur tyre business may emerge by year’s end
  3. Cabot China output up 25 per cent
  4. Cabot announces JV with China’s Bluestar
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Yulex, Versalis to produce guayule rubber in Southern Europe

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Italian elastomer firm Versalis and guayule biomass specialist Yulex Corporation have announced the formation of a strategic partnership to manufacture guayule-based biorubber materials. Within the partnership, the companies will launch an industrial-scale production complex in Southern Europe.

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Related news:

  1. South Ontario Selected as Site for Initial Carbon Green Plant Rollout
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  3. Michelin unveils latest moto offerings
  4. Conti investing in US truck tyre production
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Ceat to open Bangladesh JV factory

India’s Ceat Ltd will start manufacturing tyres in Bangladesh as of next year through a joint venture operation with Bangladesh-based business conglomerate AK Khan & Co Ltd. The tyre maker will hold a 70 per cent share in the new company, Ceat AK Khan Bangladesh Ltd, with AK Khan & Co. possessing the remainder. Ceat AK Khan Bangladesh will produce cross-ply truck, light commercial vehicle and motorcycle tyres for the domestic market. The joint venture has been set up with an initial investment of US$67 million and will have a 110 tonne per day capacity when production commences. Around 1,000 people are expected to be employed in the new company.

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  1. Ceat To Import Pirelli To India
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  3. Commercial production underway at Ceat’s Halol factory
  4. Ceat aiming for greater profitability
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Firenza to expand SV053 range in 2013

Firenza has established itself as a popular brand in the PCR, UHP and Truck tyre market sectors and also offers an innovative option within the van and light commercial sector with its SV053 pattern.

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  1. Cooper introduces new Discoverer sizes, relaunches CTS
  2. etyres launches puncture repair gauge
  3. Firenza offers patterns for numerous positions and applications
  4. Museum unveils Yokohama green tyre exhibit
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Michelin to boost North American compound capacity – $200M project announced

A planned expansion at Michelin’s semi-finished rubber factory in Starr, South Carolina, will meet heightened overall tyre production demands at the tyre maker’s North American facilities. Capacity at the Starr plant, one of two Michelin factories producing rubber compound within the region (the other being Sandy Springs, Michelin’s largest rubber-producing facility in the world), will increase through a US$200 million expansion project that will begin operation in 2014. Michelin has not stated what the Starr plant’s capacity will be following the project’s completion.

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  1. Michelin reaches 30 million mark at Ballymena
  2. Temporary workers operating Cooper Findlay plant
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  4. Cabot to acquire fully Grupo Kuo carbon black joint venture
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STL tests dragster wheels

Standards Testing Laboratories, Inc. (STL), has been recognized as the testing source to test drag race wheels to meet SFI Foundation, Inc. (SFI) specifications. SFI is a non-profit organization established to issue and administer standards for specialty/performance automotive and racing equipment. The organization has a formal relationship with more than 200 race sanctioning bodies, providing an SFI standard compliance label for use on race-related products.

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