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Nokian to Invest in Heavy Tyre Production

Nokian Tyres’ Board of Directors has approved a plan to invest 4 million euros in order to expand heavy radial tyre production capacity. This will mean an increase in Nokian Tyres’ total investments in 2006 from 88 million euros to 92 million euros.

The investment includes the whole production process; ie component manufacturing, tyre assembly and curing at the Heavy Tyre plant in Nokia, Finland. The investment will mean a capacity increase of the Nokian Tractor Industrial 2 product line, launched in 2004, and of the Nokian Country King product line, launched in 2005, to better meet the strong growth in demand.
The increase in radial tyre capacity will come on-stream towards the end of this year and in early 2007.

15th March 2006/by Tyrepress Editors

KPC Found Not in Violation of Unfair Trade Practices

(Akron/Tire Review) Administrative Law Judge Paul J Luckern of the US International Trade Commission (ITC) has found that the Kumho Petrochemical Co. (KPC) of Seoul, Korea is not in violation of the ITC’s unfair trade practice laws, with respect to its importation of tyre chemicals into the US.

23rd February 2006/by Tyrepress Editors

Continental Reaches Deal With German Union

German automotive supplier Continental AG and workers have officially reached a deal over how to phase out production the company’s Hanover Stoecken plant, the IG BCE union has reported. Continental will now push back the date for closing car tyre production in Hanover to the end of 2007 from the end of this year as once planned. There will be no forced layoffs, chief union negotiator Werner Bischoff told reporters.

22nd February 2006/by Tyrepress Editors

MG Production to Re-start in Longbridge

Nanjing Automobile Corporation (UK) Ltd (NAC), the company that bought the remains of MG Rover after its collapse, has signed a 33-year lease with site owner St Modwen Properties. Nanjing says it plans to renew production of the MG TF sports car in 2007.

The agreement will see Nanjing pay rent of £1.8 million per annum on 105 acres of the 469-acre site. This comprises the South Works of the former MG Rover plant, which incorporates two car assembly plants, the paint shop and administrative offices, together totalling more than 2 million square feet. Interestingly, the lease terms incorporate a six-month break clause in case Nanjing is unable to confirm a viable long-term future for the site.

22nd February 2006/by Tyrepress Editors

New Appointment at Amtel-Vredestein Voronezh Tire Complex

Amtel-Vredestein N.V. has appointed Victor Tuluk as general director of Amtel-Chernozemye Tire Production Complex in Voronezh. He replaces Vyacheslav Chemerinsky.

Vyachelsav Chemerinsky, who leaves the company to pursue other interests, will remain a member of the board of directors at Amtel-Chernozemye. He is also a deputy of the Voronezh Duma. “Vyachelsav has expertly managed the arduous task of bringing our Voronoezh facility into the 21st century. We are grateful he will remain on the plant’s board,” said Amtel-Vredestein CEO, Alexei Gurin.

13th February 2006/by Tyrepress Editors

Conti Tyres on 70th Anniversary 4/4 Morgan

The legendary Morgan 4/4 launched in 1936 and still produced today is about to become even more special. To celebrate its 70th anniversary, the Morgan Motor Company has unveiled a limited edition Morgan 4/4 slightly smaller than its Plus 4 and Roadster siblings. Just 142 “70th Anniversary” Morgan 4/4 cars will be built – two cars for every year of its production life since launch. Each car will be individually marked with the year it honours, finished in period style and fitted with Continental 165/80R15 CT22 tyres.

10th February 2006/by Tyrepress Editors

Plantation Workers Go on Strike – Reports

(Akron/Tire Review) News reports out of Monrovia, Liberia, say that some 3,000 workers at Bridgestone Corp’s natural rubber plantation there have gone on strike.

“The strike is very serious. Production has come to a complete halt,” a public relations spokesman with Firestone Plantation Co. told Reuters. “We have asked the government to intervene. We do not know why this is going on.”

8th February 2006/by Tyrepress Editors

New MD for Kraiburg

Kraiburg has a new managing director for its retreading material division. Dr. Andreas Starnecker (40) has been managing Kraiburg Austria in Geretsberg, Upper Austria since the start of the year, and as such is also responsible for the Kraiburg production plant in Bulgaria.

He has worked for the Kraiburg Group since 1997, and in 1999 was appointed managing director of the Kraiburg Elastik GmbH rubber manufacturing plant in Tittmoning, Upper Bavaria. Together with Assistant Managing Director Thorsten Schmidt, Dr. Andreas Starnecker has set himself the target of continuing the successful strategy pursued to date by the company. This means that Kraiburg Austria will continue to aim to win customers over with quality and service in the market.

6th February 2006/by Tyrepress Editors

Amtel Confirms Krasnoyarsk Plant Sale

Amtel-Vredestein NV has confirmed that it has sold its Krasnoyarsk tyre complex to a Russian company, Vostokshinainvest. The company previously disclosed its intent to dispose of the facility in an announcement on 22 December 2005. The Krasnoyarsk plant is a Soviet-era facility that primarily produces truck, agricultural and “C” segment tyres which do not fit the company’s current strategy of focusing on the production and marketing of high-margin A and B-segment tyres used on premium and mid-range passenger vehicles.

30th January 2006/by Tyrepress Editors

Yokohama Wins First Production-WRC Stage

The Yokohama/ADVAN equipped Mitsubishi Lancer Evo IX of Fumio Nutahara has won the opening round of the 2006 FIA Production car World Rally Championship (P-WRC). The Rallye Monte Carlo is the first time the Japanese manufacturer’s tyres have won a round of the P-WRC and the maiden victory for Nutahara.

Nutahara is a seasoned campaigner in the production category of the World Rally Championship, for group N, or showroom specification, cars. However, for the 2006 season, Nutahara has engaged the services of experienced co-driver Daniel Barritt and the combination is already paying off.

24th January 2006/by Tyrepress Editors

Rubber Recovery and Crumb Rubber win WRAP Tender

The results of WRAP’s (the Waste & Resources Action Programme) open tender are now in and Rubber Recovery Ltd, based in Barnsley, and Crumb Rubber Ltd, from Devon, have been named as winners. The tender asked potential applications to come up with new products made from used tyre. One of the winning suggestions uses retreading, while the other is based on a new concept.

19th January 2006/by Tyrepress Editors

Record Number of Automobiles Sold in Mexico in 2005

(Akron/Tire Review) A record 1.13 million automobiles were sold in Mexico in 2005, up 3.3 percent from the year before, the Mexican Automotive Industry Association, or AMIA, announced on Tuesday.

17th January 2006/by Tyrepress Editors

Expansion at Amtel’s Kirov Plant Slower Than Expected

Amtel-Povolzhye Tire Complex, Russia’s second largest tyre factory increased output by 35 per cent to 6,543,000 tyres in 2005 – less than the 44 per cent increase expected by analysts. According to Russian investment bank, Centre Invest, production at the factory was expected to increase to 7,000,000 tyres. “Although our expectations proved overly optimistic, we maintain our recommendation and fair price for the company, as its growth far outperformed expected growth rates for other Russian tyre manufacturers,” the analyst’s report commented.

16th January 2006/by Tyrepress Editors

Barum Increase Capacity

Czech tyre maker Barum Continental produced 18.52 million passenger car tyres last year, a growth of 7 per cent year-on-year, company representative Pavel Pravec told the Prague Daily Monitor. Production of “high-tech” tyres is said to have grown the most, increasing 81 per cent to 2.42 million units in 2005. Barum also added 300 staff in 2005. The company, which now employs 4,448 people, also reportedly plans a further hike in staff numbers for this year.

9th January 2006/by Tyrepress Editors

Kreinbrink Named Albany Plant Manager

Cooper Tire & Rubber Company has named Rodney A Kreinbrink as plant manager for its Albany, Georgia, manufacturing facility. Kreinbrink will oversee the daily operations of Cooper’s 3rd largest plant, which produces about 11.5 million tyres per year and employs almost 1,600 people. Kreinbrink succeeds William Bonner who retired at the end of 2005.

6th January 2006/by Tyrepress Editors