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Marangoni enters Kuwait through new Ringtread partner

Marangoni’s Retreading Systems business has won Kuwait’s sole retreader as a retreading partner and brought it into the Ringtread fold. The Italian supplier of retreading materials, tread and equipment reports this deal has been reached as part of its expansion strategy in the near and Middle East. Kuwait, with its modern road network and long transport corridor connecting Iraq in the north to Saudi Arabia in the south, is considered a hub for all transport into Gulf countries.

4th April 2011/by Tyrepress Editors

Marangoni establishes new Corporate Center in Rovereto

For more than a year the Marangoni Group has operated its retreading business out of a central holding company. The Italian retreader also recently established a new corporate headquarters at its Rovereto site and consequently closed its centre in Verona. These actions were taken in response to structural changes within the market that necessitate increased speed and responsiveness. In an interview with Tyres & Accessories, Marangoni Group CEO Massimo De Alessandri explained the company’s current position in terms of its consolidation, the motivations driving it and the future facing those parts of the company not belonging to its retreading business.

1st April 2011/by Tyrepress Editors

Despite Marix, Marangoni’s marketing strategy remains unchanged

A couple of months ago, Marangoni began producing and marketing retreaded truck and OTR tyres under the “Marix” brand, a name previously reserved for passenger car, light commercial and 4×4 tyres. The Italian retreader previously relied upon the strength of its “Marangoni” brand, however it chose to respond to a changing competitive landscape by modifying its brand concept and in future will, according to Brenno Benaglia, pursue a clearer brand concept.

30th March 2011/by Tyrepress Editors

Hankook adverts back in Times Square

Hankook has returned to New York's Times Square. Once again the South Korean-based tyre maker has secured billboards in one of the most famous adversity locations in the world. The latest banner, presented once again in the form of the successful Ventus V12 evo high-performance tyre, is on the facade of the Marriott Marquis Hotel and is designed to “impress millions of visitors” this time for a whole year. Hankook says it is aiming to reinforce and develop its brand profile and image with the latest campaign.

29th March 2011/by Tyrepress Editors

US tyre shipments up 9.7% in 2010, 3% growth for 2011 projected – RMA

Figures released by the Rubber Manufacturers Association, the eleven-member trade association for manufacturers producing tyres in the US, show tyre shipments grew by more than 25 million units, or 9.7 per cent, in 2010 to 285 million units. The RMA projects a further 8 million unit growth this year, an increase of approximately three per cent; if growth follows the association’s projections, tyre shipments will reach 293 million units in 2011.

25th March 2011/by Tyrepress Editors

Maxxis receives 2010 Ford Gold Award

At the Ford Motor Company’s annual World Excellence Awards, held on March 16, Cheng Shin Rubber was honoured by the vehicle manufacturer with a Gold Award, the highest recognition to Ford’s global suppliers. The Maxxis brand manufacturer was one of only 15 Gold Award recipients out of the 1,500 or so suppliers Ford obtains components from around the world and the only tyre maker amongst the 15. Wheel manufacturer Ronal also received a Gold Award, while Hayes Lemmerz was one of 26 Silver Award recipients.

25th March 2011/by Tyrepress Editors

Customer feedback is vital, says Hercules Tire International

Hercules boasts a long history in the tyre wholesaling business. First established in the 1950s, today the company sells tyres to more than a hundred countries through its Hercules Tire International division and offers its customers a well-established exclusive private brand. The firm is also active in North America through its own distribution companies there. Tyres & Accessories recently spoke with Rick Dorscht, managing director of Hercules Tire International’s European division, who shared the Hercules approach to long-term strength in the global wholesaling business.

23rd March 2011/by Tyrepress Editors

BFGoodrich plant capacity expansion announced

Production capacity at Michelin North America’s Fort Wayne BFGoodrich plant will expand through a US$50 million investment. The tyre maker has announced that expansion work at the Indiana-based facility will begin immediately and includes upgrading equipment at the 40 year old plant. Approximately 35 new jobs will be created through the project.

22nd March 2011/by Tyrepress Editors

Another Step Forward: Trelleborg explains rationale behind recent acquisitions

Recent months have seen a flurry of expansion and acquisition activity at Trelleborg Wheel Systems. First the company enhanced its position in the European solid tyre market through the acquisition of Watts’ industrial tyre business towards the end of 2010 (it was officially finalised during February 2011). Then came the acquisition of the pneumatic tyre production lines at the former Hebei Starbright plant, which the company bought from Maine Tire in the US. Most recently the company launched its TMBlue eco-concept range at the SIMA show in Paris at the end of February. Tyres & Accessories was on hand to hear further details about the thinking behind the recent developments and noticed a significant nod in the direction of further expansion in the emerging markets.

21st March 2011/by Tyrepress Editors

Emerging market interest in value-generating products key to expansion – Trelleborg

Emerging markets such as the BRIC countries are expected to drive growth for Trelleborg Wheel Systems over the next few years. In the Trelleborg Group’s 2010 annual report, Maurizio Vischi, president of the business area responsible for producing industrial and agricultural tyres, said “emerging markets as Brazil, China and Russia have begun to show more interest in high-tech products and products that generate value. This provides significant expansion potential through greater presence in these markets.” Vischi admitted that that Trelleborg expects only “restricted” growth in Western Europe and North America, where the business area already counts as “one of the principal players.”

21st March 2011/by Tyrepress Editors

New app from General Tire

News, Product News, UK News

A new General Tire application giving its North American customers quick access to an arsenal of product information and a database of pictures and videos has been approved by Apple and released into its iTunes Store, where it is available for free download. Within the General Tire app are five key functions, including Tire Descriptions, which feature sizing and pictures to help customers find the right tyre for their passenger car, light truck, off-road or commercial vehicle; Dealer Locators with maps to assist customers in finding the most convenient location to purchase General Tires; Team GT Race Videos; a Photo Gallery and a News/Promotions section. Off-road enthusiasts can watch the latest and greatest from Team GT and consumers can research the right General Tire for their car or truck.

18th March 2011/by Tyrepress Editors

Yokohama Tire gains fourth Vulcan ‘Gold Alliance Supplier’ award

For the fourth consecutive year, Yokohama Tire Corporation’s off-the-road division has been awarded a Gold Alliance Supplier award from Alabama, US-based Vulcan Materials Company. Vulcan is a major producer of construction aggregates, which includes crushed stone, sand and gravel used in nearly all forms of construction.

17th March 2011/by Tyrepress Editors

Bridgestone Americas donates to Japanese Red Cross

Bridgestone Americas has added to its parent company’s 300 million yen (approximately US$3.5 million) donation to relief efforts following the Japan earthquake and tsunami with a $250,000 donation of its own to the Japanese Red Cross. Announcing the donation, Bridgestone Americas president and CEO Gary Garfield reflected that “a tragedy of this magnitude is always devastating to see, but it’s especially heartbreaking when it affects our teammates, and their families and loved ones. On behalf of all Bridgestone Americas teammates, I’d like to express our sympathy to those who have lost loved ones, and we hope that the donation will aid the people of Japan in rebuilding and restoring their country.”

17th March 2011/by Tyrepress Editors

Lanxess net income up tenfold in 2010

Demand for synthetic rubbers from tyre industry customers proved a strong driver of growth for Lanxess last year. The German specialty chemicals company describes its 2010 results as “outstanding” and believes its performance was aided by the company’s strategic set-up and a general business recovery. Announcing the firm’s annual results at its annual press conference on March 17, Lanxess chief executive officer Axel C. Heitmann said the company’s “growth story is set to continue” following last year and an “excellent” start to 2011.

17th March 2011/by Tyrepress Editors

Michelin North America begins 2011 Green X Challenge

The third running of the Michelin Green X Challenge gets underway in North America on March 19, and the tyre maker says the season opener at the Sebring circuit in Florida will offer “a glimpse into the future of technology and innovation that become more relevant every day.” The US based Green X Challenge recognises the Prototype and GT category cars that prove “cleanest, fastest, most efficient” in the “race within the race” at every American Le Mans Series event. Similar competitions are now also part of every Asian and European Le Mans Series event, the 24 Hours of Le Mans and the new Intercontinental Le Mans Cup.

16th March 2011/by Tyrepress Editors