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New Bandag BDLT Light Truck Tread

In this age of high fuel prices, commercial users will be pleased to learn that the new Bandag BDLT is a cost saving and reliable alternative to even the best new tyres on the market. It is an application-specific design for all wheel positions on mid-range to light trucks and vans, operating in busy city centres or covering regional distances on a variety of road types, in all seasons.

The tread is designed to deliver good traction and responsive handling in all weather conditions without sacrificing tread wear. It has been approved by customers in its target market as a top-quality and cost-saving substitute for new tyres.

18th April 2006/by Tyrepress Editors

Analysts – First Quarter Tough for Cooper

Cooper Tire & Rubber’s passenger replacement tyre volumes declined 4.3 per cent year-on-year in the first quarter of 2006, Deutsche Bank analysts have reported. While this was slightly better than the market watchers feared, raw materials rose by more than expected, ruling out any advantages. Even the $4.3 million Cooper is believed to have gained as a dividend from its shares in Kumho was not enough to offset the higher raw material costs.

13th April 2006/by Tyrepress Editors

Nick Manning to Assume Buying Responsibility at Group Tyre

Group Tyre (UK) Ltd has announced the appointment of Nick Manning as director of purchasing. Joining Group Tyre after a substantial career within the Continental Tyre Group Limited, he assumes the full buying responsibility from Larry Cross, whose role as Coordinating Director of Group Tyre continues.

Welcoming Nick Manning’s appointment Larry Cross, said, “Nick’s huge depth of experience of the industry will be a huge asset to Group Tyre. His substantial business development and brand strategy expertise, together with his unique insight into every aspect of the UK tyre market is an invaluable resource. This can only further strengthen the position of Group Tyre as the UK’s leading independent wholesaler and hugely benefit both our members and their customers.”

13th April 2006/by Tyrepress Editors

Bridgestone Europe Announces Price Increases

Bridgestone Europe NV/SA has announced 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 between 3.5 per cent and 5 per cent depending on the product category, and are scheduled to take effect from 1 June 2006.

11th April 2006/by Tyrepress Editors

Visiting the “King of Moulds”

Zhang Sheng is the “King of Moulds,” he and business partner Wang Ying lead the Foshan Nanhai Superband Mould Co., Ltd., based at an industrial estate in Foshan town centre (Nanhai district, Guangdong province). And what’s more it is probably the largest manufacturer of moulds for aluminium wheel casting in the world. The factory produces six moulds a day or 2000 per year says managing director Zhang Sheng – that’s not the capacity, but the actual output. In addition the company produces moulds for well-known international companies such as General Electric, Toshiba, Sharp and Sanyo in order to service their non-wheel casting needs.

10th April 2006/by Tyrepress Editors

Bridgestone UK Marketing Analyst

Bridgestone UK has promoted Raj Sangha to the role of marketing analyst, replacing Sally Whittall, who recently took up the role of area sales manager for the Midlands. Raj Sangha has worked at Bridgestone UK for more than three years as a query controller, where she was responsible for relaying pricing structures and discounts to the sales teams. She now joins the marketing team where she will help determine the company’s pricing policies.

7th April 2006/by Tyrepress Editors

Natural Rubber Price Continues to Rise

The price of natural rubber is reaching a new high of US$2.16/kg; a rise of 22 per cent since January 1st and up 87 per cent since January 2005. As an example of the potential effect on tyre manufacturing, a 60kg truck tyre will contain around 24kg of natural rubber. Already this year, many tyre manufacturers have announced two lots of price increases and industry pundits expect further price rises if natural rubber prices stay at the current level.

6th April 2006/by Tyrepress Editors

Falken Becomes the Latest to Increase Prices

(Akron/Tire Review) In the USA, Falken Tire Corp. announced a limited price increase, effective May 1. The increase will impact select sizes of Falken’s S/TZ04 and Ziex 60- and 65-series tyres.

4th April 2006/by Tyrepress Editors

J K Industries Raises Prices

Indian manufacturer J K Industries has increased prices across all ranges of its four wheeler tyres by 2.2 per cent and hinted at a further hike in May, owing to rising input costs, particularly that of rubber. “The gap between raw material cost and the product price has been about 7 per cent. Even after raising the price of tyres by 2.2 per cent we still have a gap, which we are looking at covering with another round of price hikes in May,” said JK Industries’ Marketing Director, Kalyan Paul.

4th April 2006/by Tyrepress Editors

MRF Plant for Sri Lanka

Indian company MRF Tyres is setting up a small plant in Sri Lanka for manufacturing rubber, a top MRF official said. Speaking to reporters on the sidelines of launching ‘V’ rated tyres for luxury cars, Mr Philip Eapen, Executive Director-Marketing said experimental production has already commenced at the new facility. However, he did not provide any details about investment in the plant.

4th April 2006/by Tyrepress Editors

Stormy Outlook for Tyre Manufacturers – Business Week

The outlook for global tyre manufacturers looks like being “a bumpy ride”, says Business Week. With the global tyre business worth an estimated US$70 billion, the major players are facing pressure from increased raw material prices and the growing burden of employee benefit costs.

3rd April 2006/by Tyrepress Editors

Pirelli Announces US Price Increases in May

Due to the continuing rise in prices of raw materials, Pirelli Tire North America has announced that it is increasing passenger and light truck tyre prices by 3%. The price increase will be effective May 1, 2006, and will cover all product lines in the US and Canada.

3rd April 2006/by Tyrepress Editors

Union, Titan May Seek ITC Help

(Akron/Tire Review) Various news reports say that Titan International Inc. and the United Steelworkers (USW) plan to petition the International Trade Commission next month, seeking antidumping penalties against companies importing agricultural tyres from China. Reportedly, the parties feel that agricultural tyres imported from China are not being sold in the US at fair prices, even after factoring in freight and raw material costs.

31st March 2006/by Tyrepress Editors

Alaskan Mines Feeling Pinch of OTR Tyre Shortage

(Akron/Tire Review) According to a recent article in The Anchorage Daily News, the worldwide shortage of OTR tyres is forcing Alaskan mining operations to look for new ways to extend tyre life. The Alaskan newspaper reported that “vendors” are saying the situation is so bad that an international black market is emerging, new trucks and earthmovers are being sold without tyres, buyers are paying new-tyre prices for retreads and some companies are buying used equipment just for the tyres.

28th March 2006/by Tyrepress Editors

Toyo to Raise Truck, Bus, OTR Tyre Prices

(Akron/Tire Review) Toyo Tire USA Corp. will raise prices on medium truck, bus and OTR tires, effective 1 April. Commercial (medium truck and bus) tyre prices will increase by 5 per cent, and OTR tyre prices will be bumped up 7 per cent.

28th March 2006/by Tyrepress Editors