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Pirelli Set to Build New Russian Plant

Pirelli signed a letter of intent with Russian Technologies in June to set up a joint venture building a new tyre-building facility in Tol’yatti, Russia. The deal is expected to be sealed on 7 August in Moscow for the building of the 1,500-job plant.

Early figures released to news sources suggest that the manufacturing plant will produce between 3 and 3.5 million car tyres alongside 700,000 truck tyres per anum. The joint venture projects an annual turnover of $100 million.

4th August 2008/by Tyrepress Editors

Zeus Acquires Liebherr Site

Zeus recently acquired the current offices and workshop complex of Liebherr’s Dortmund plant and equipment services facility. According to company representatives, the move is designed to further Zeus’ global strategic growth programme for large earthmoving, OTR and general industrial tyre filling and puncture proofing solutions.

The new site is located adjacent to Zeus’s main manufacturing plant in Dortmund, Germany. Once the new complex is refurbished and fully equipped, it will add an extra 7,000 square metres of office space, laboratory, manufacturing, distribution and servicing facilities.

4th August 2008/by Tyrepress Editors

Pirelli Adds Low Profile FH85 Amaranto Sizes

Pirelli has expanded its range of sizes available on the FH85 Amaranto premium truck tyre range. The tyre is now available in 385/55R22.5 for trucks used on long distances with heavy loads on low severity roads. The new ultra-low profile tyre is designed for the steering axles and the company is confident that it makes for an increased load capacity and volume.

The 385/55 R 22.5 FH85 Amaranto meets the needs of the truck tyre market for ON applications, where the demand for this type of product is growing rapidly and shows great potential to continue to do so. This size has a higher load capacity than other products with a similar diameter – such as 315/70 and 315/60 R22.5 – thanks to the larger volume of air it contains.

4th August 2008/by Tyrepress Editors

Continental Bolsters Defences with Citigroup, HSBC

Continental AG has reportedly bolstered its defensive options against a hostile bid from Schaeffler Group with the appointment of Citigroup and HSBC to its defence teams. Quoting sources familiar with the matter, Reuters reported that the move will add two banks with the ability to lend cash from their balance sheets to Goldman Sachs, known for its defensive advisory work. The same source said defensive measure may include “a possible capital increase or striking a deal with a white knight.”

4th August 2008/by Tyrepress Editors

Sunil Sapre Appointed New Ceat CFO

Major Indian tyre manufacturer Ceat has announced the appointment of Sunil Sapre as its new chief financial officer. Sapre has previously held the positions of executive vice-president and company secretary at Godrej Consumer Products.

Ceat is the flagship company of RPG Enterprises, boasting an annual turnover of 26 billion rupees and exporting globally to over 100 countries.

4th August 2008/by Tyrepress Editors

Pirelli’s Winter Range Proud to Be Versatile

In addition to the Sottozero, discussed on Tyrepress.com last month, Pirelli has a range of tyres for fitment on cars, sports utility vehicles and vans, and while winter capability is the obvious primary function of the series, the company is proud of the diversity of its seasonal collection.

The winter Snowsport – for passenger cars – attempts to use its versatility to its advantage. Whilst combining excellent traction and braking on snow, it also promises to offer improved handling in both wet and dry conditions, all the while maintaining performance levels. The full silica mixture and the design with Cap and Base technology ensure performance at low temperatures, whilst the four longitudinal channels provide superb aquaplaning resistance.

4th August 2008/by Tyrepress Editors

China Sunsine’s Second Quarter Profits up 52%

China’s Sunsine Chemicals has reported that net profits increased 20 per cent in the first half of 2008 to 53.5 million yuan, with a 41 per cent increase in revenues to 402.1 million yuan. In the second quarter, Sunsine’s net year-on-year profits rose 52 per cent to 37 million yuan revenues increased 47 per cent to 234.9 million yuan. According to China Knowledge, the company’s sales grew 14 per cent to 84 million yuan and reached 9,496 tons in the second quarter. The average selling price rose by 27 per cent to 24.764 yuan per ton as the cost of raw materials continues to rise.

4th August 2008/by Tyrepress Editors

Goodyear Makes 2 North American Leadership Appointments

Goodyear Tire & Rubber Company has appointed Stephen McClellan and Joe Copeland to new leadership assignments within the company’s North American Tire business. McClellan, formerly vice president of Commercial Tire Systems, has been named president of the North American Tire Consumer business, replacing Lawrence Mason, who has announced he will leave the company. Copeland, previously vice president of the Off-Highway businesses, becomes vice president of Commercial Tire Systems, replacing McClellan. A replacement for Copeland will be named at a later date.

“Steve and Joe are two proven leaders who have demonstrated the strategic, operational and team building success that will have an immediate impact in their new assignments,” said Richard J. Kramer, president of North American Tire. “They have a track record of exceptional performance at every level and are well positioned to help lead our businesses into the future.”

4th August 2008/by Tyrepress Editors

Hofmann Megaplan Go Posh

Hugely successful and full of ambition– a description that could be applied to both tyre equipment supplier Hofmann Megaplan and League One Football outfit Peterborough United, and the 2008/2009 football season will see the pair join forces as ‘The Posh’ target promotion to The Championship with Hofmann Megaplan as one of their commercial partners.

Hofmann Megaplan have become official sponsors to the Cambridgeshire team, whose ground is only a short drive up the A1 from the company’s HQ, and whose terraces have been a regular haunt for Hofmann Megaplan MD James Boon for the last 20 years.

4th August 2008/by Tyrepress Editors

Two Tech Appointments

Tech International, which markets the Truflex/Pang brand of industrial chemical and rubber products, including tyre repair and wheel service products, has made two senior-level appointments.

Firstly, Tim McLaughlin will serve in a consultant role to focus on sales and market share growth in North America. McLaughlin owns and operates his own industrial products distributorship, T. Carson and Company, in Monument, Colorado.

4th August 2008/by Tyrepress Editors

Eden Tyre Employs Michelin Man Airline to Inflate Business

Motorists passing the Eden Tyre Sales Farndon Road, Newark branch will have noticed the “life-size” Michelin man standing on the forecourt. According to the company, the iconic figure is a free airline service, dispensing air to any passing motorist eager to maintain correct tyre pressures to minimise fuel consumption, reduce CO2 emissions and to be certain that the car handles and stops as efficiently as possible.

4th August 2008/by Tyrepress Editors

Kovalainen Victorious in Hungary

Heikki Kovalainen drove his McLaren to its first victory in Formula One at the Hungarian Grand Prix. Ferrari’s Felipe Massa failed to capitalise on his lead entering the final four laps, retiring after engine failure with the finish minutes away.

Timo Glock of Toyota finished impressively in second – claiming his first ever podium – while Kimi Raikkonen regained some of his form, which has been absent for some time, taking the chequered flag in a strong third place. Lewis Hamilton was able to hold on to his Championship lead, finishing fifth – and just behind rival Fernando Alonso – after a puncture scuppered his chances of a podium.

4th August 2008/by Tyrepress Editors

Enraged Aussie Footballer Wields Tyre Iron after Red Card

An amateur football match at the Cabramatta Sportsground turned nasty when a 32-year old – it is alleged – lost grip of his sanity after being sent off alongside a scrapping rival. After receiving his marching orders, the man hurried to his car, then – retreading his steps – reportedly attacked his dismissed opponent with a metal tyre lever, breaking his arm and putting him into traction.

The man, who cannot be named, has been charged with recklessly causing grievous bodily harm and being armed with intent to commit an indictable offence. It is probable that the tyre iron has seen its last action after being used in such an inappropriate application.

4th August 2008/by Tyrepress Editors

Kumho Address the Question: Who in the UK Needs Winter Tyres?

Kumho Tyres has been an established supplier of winter tyres for the Scandinavian and Central European markets and therefore has a wide range of treads to cope with all the varieties of adverse weather conditions that characterise the season in these parts of the world. For these markets, the weather is the overbearing reason for the comparative strength of the cold weather tyre market; they are the traditional stronghold for companies marketing products capable of dealing with the icy climate.

However, the UK – with its expanding, though still essentially low-key winter market – represents something of a challenge, even to an experienced marketer of the product such as Kumho. The company addresses this issue by immediately posing the question: Who needs cold weather tyres in the UK?

1st August 2008/by Tyrepress Editors

Tyre Inflation Campaign Gains ‘Presidential’ Support

Manufacturers such as Michelin and tyre industry organisations including the NTDA have long disseminated the message that maintaining the correct tyre pressure is an important measure. In the US an influential voice has been added to this effort.

Contender for the US Presidency Barack Obama, visiting the state of Missouri on July 30, gave voters an important fuel saving tip: “There are things that you can do individually though to save energy,” said Obama. “Making sure your tyres are properly inflated, simple thing, but we could save all the oil that they’re talking about getting off drilling, if everybody was just inflating their tyres and getting regular tune-ups. You could actually save just as much.”

1st August 2008/by Tyrepress Editors