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Retreads Deliver 30% Lower Carbon Footprint – Study

An independent study commissioned by the Centre for Remanufacturing and Reuse has shown that the process required to manufacture and retreaded tyres produces around 30 per cent less carbon emissions that that required to produce a new tyre.

Testing for the study was carried out by carbon footprint specialists Best Foot Forward and involved the use of new and retreaded 17.5-inch light commercial vehicle tyres. According to the results obtained, the manufacture of a new 17.5-inch tyre produces 86.9 kilograms (191.6 pounds) of CO2 emissions compared to 60.5 kilograms (133.4 pounds) CO2 for an equivalent retreaded tyre; a difference of 30.4 per cent.

19th June 2009/by Tyrepress Editors

Conti to Close Austrian Rubber Mixing Site

Continental has reported the need to ‘respond’ to the continuing downturn experienced by OE and replacement passenger car tyre markets – a market which currently has a production overcapacity of more than 18 million tyres in Europe. As a consequence, the company states, the demand for raw materials is also markedly lower.

“Today, Tuesday, we are informing workers at the Traiskirchen site (in Austria) that we are forced to phase out the mixing and gumming activities in Traiskirchen, which employs a total of 195, by the end of this year,” explained Dr. Bernhard Trilken, in charge of worldwide production for the Continental Passenger and Light Truck Tires division, on June 16.

16th June 2009/by Tyrepress Editors

Planning Around Success

When Tyres & Accessories spoke to Watts Tyre Group, it was only natural that the year we’ve just experienced – a particularly difficult period for the industrial tyre market – would be reflected upon. Yet times such as these also present an opportunity for companies that can capably adapt to their customers’ changing priorities. Watts, already a very strong player in the segment, is making the necessary adjustments needed to remain competitive in a depressed market.

5th June 2009/by Tyrepress Editors

Cooper Texarkana Plant Earns Environmental Certification

Cooper Tire & Rubber’s Texarkana facility, located in the US state of Arkansas, has been granted the IS0 14001 environmental management system certification. Adherence to the ISO 14001 standard, which specifies requirements for a facility’s environmental management system, is intended to help minimise a facility’s impact on the environment through the use of standardised processes and regular performance audits.

“Earning this certification demonstrates the commitment by our Texarkana plant to operating an environmentally friendly facility,” said Carl Montalbine, vice president of Global Quality, Operational Excellence and Information Technology. “Especially as all of us are trying to conserve energy, reduce waste and preserve the environment, we felt that attaining this ‘green’ standard was simply the right thing to do.”

29th May 2009/by Tyrepress Editors

Sunday Times Names Bandvulc One of Top 60 Green Companies

Bandvulc Tyres Ltd has been recognised as one of the Top 60 Best Green Companies in the UK by the Sunday Times. At the annual awards ceremony in London, Bandvulc’s managing director Patrick O’Connell received the award from Alistair McColl (Sunday Times Supplements Editor) for achieving a top 60 placement.

Patrick O’Connell commented: “This is fantastic recognition of the hard work and commitment everyone at Bandvulc makes to ensuring we all have a sustainable future. To be in the top 60 companies raises the profile of tyre recycling to a new level and shows that this can be done to a high quality ensuring safety and sustainability in one package, bringing a complete solution to our customers that is second to none.”

26th May 2009/by Tyrepress Editors

Goodyear ‘Poised for Significant Earnings Improvement’

Goodyear Tire & Rubber Company reported first quarter 2009 sales of $3.5 billion, down from record sales of $4.9 billion in first quarter of 2008. However, Goodyear only reported net losses of $333 million, compared with Goodyear net income of $147 million (60 cents per share) in the 2008 quarter. While obviously significant the losses certainly weren’t as bad as they could have been for two reasons. Firstly, they were, according to financial news sources, ahead of mainstream analysts’ opinions; and secondly because the total losses are roughly equal to the increases in raw material costs the company experienced in the first quarter ($332 million, up 31 per cent). The explanation for greatly reduced turnover was said to be the tyre market’s sharply reduced demand at the start of 2009, however as various sources are predicting that the US market has bottomed-out and raw material prices are believed to have stabilised, Goodyear could be in for a better second half of 2009.

This view is certainly supported by Deutsche Bank analysts who sent out an investor’s note along these lines a week after Goodyear’s results were published. Despite reporting losses of $333 million in the first quarter of 2009 Deustche Bank analysts predict a short to medium term improvement in Goodyear’s financial performance: “Subtracting $1.38 billion (around $36 a tyre) of raw material costs from Goodyear’s first quarter 2009 results, and $1.33 billion ($28 per tyre) of raw materials from Goodyear’s first quarter 2008 results, we noted that GT’s non-raw material costs of goods sold declined to $1.6 billion from $2.2 billion.”

8th May 2009/by Tyrepress Editors

Apollo Net Profit Down 52%

Apollo Tyres’ India operations profits were less than half that of last year according to the year-end financial report released today by the manufacturer (April 2008-March 2009). While net sales grew 10 per cent from 36.9 billion to 40.7 billion rupees in the period, operating profit came down to 3.3 billion from 4.7 billion rupees and net profit more than halved from 2.1 billion to 1 billion rupees. Despite the relative gloom of the full year figures, Apollo came closer to matching the January-March 2008 quarterly operating profit in the same period this year, down merely 40 million rupees from 2.14 billion to 2.1 billion. The board of directors recommended a dividend payout of 45 per cent to shareholders.

29th April 2009/by Tyrepress Editors

March Sales Give Pirelli a Glimmer of Hope

Upon reporting its first quarter 2009 financials, Pirelli commented that its tyre division experienced “signs of recovery” in March; these indications of better times came in the form of a slowdown in sales decline in some countries and positive growth rates in others. Various government incentives to boost new car sales partly contributed to this reversal of fortune following OE business contraction in the first two months of the year, Pirelli comments.

22nd April 2009/by Tyrepress Editors

Boto Tyre to Build New Passenger Car Radial Factory

Shandong Wanda Boto Tyre Co., Ltd., has revealed plans to build a passenger car production facility nearby its existing tyre manufacturing complex in China. Speaking to Tyres & Accessories company representatives explained how, despite the ongoing economic downturn, Boto Tyre's board and shareholders are confident that they can sell the up to 15 million passenger car radials the new plant is scheduled to produce. Around 1 billion yuan is believed to have been earmarked for the expansion and building work is set to begin in June, with the construction project expected to conclude by the end of the year. As vice director of international trade development, Rainbow Zhao told T&A “building projects don't take very long in China.”

21st April 2009/by Tyrepress Editors

Rubber Prices May Plummet 35% as Tyre Sales Slow

International News

Global sales of passenger car and commercial vehicle tyres may decline to 1.32 billion units in 2009 from 1.41 billion last year, said No Dock Moung, an analyst with the Singapore based International Rubber Study Group. The drop of almost 6.4 per cent would be the steepest since at least 1975, he said. And according to a Singapore based trading manager from Marubeni Corp., Japan’s largest rubber trading company, this could lead to natural rubber prices weakening by as much as 35 per cent.

21st April 2009/by Tyrepress Editors

Safety First a Goodway to Go

In Tyres & Accessories’ September 2008 Retreading Special, Goodway Rubber Industries, the Malaysian retreading compound and materials supplier, spoke at great length about its continuing mission for safety within the workplace and its concern for the wellbeing of its staff, culminating in its Nilai factory’s attainment of OHSAS 18001 certification. In the time since then, this attention to safety has been reflected in the company’s products, specifically with reference to its Supercool-branded flagship retreading material, which has been given the new tagline, “Engineered For Safety”. Despite the current economic turmoil, Goodway says that its trademark brand registered growth last year, stemming from well-positioned branding efforts and aggressive marketing strategies. Indeed, the company is optimistic that the financial woes could represent it – and retreaders in general – with a significant opportunity.

16th April 2009/by Tyrepress Editors

A Step Closer to Renewable Rubber

Genencor announced the first transfer of BioIsoprene product – designed to provide an alternative to petrochemically derived isoprene, a key intermediate for synthetic rubber production – to Goodyear. Four containers of the clear liquid were handed over to Goodyear at Genencor’s Palo Alto, California, research facility. “This is a historical moment, after substantial research on this technology,” said Rich LaDuca, senior director of business development at Genencor. “It signifies a new era in biochemicals. We’re excited to be ushering in a future where tyres and many other products will be produced with renewable materials.”

Genencor, a division of Danisco A/S, and Goodyear first announced their research collaboration on the technology and integrated production system for BioIsoprene product in September 2008. BioIsoprene is derived from renewable raw materials, and represents a significant development within the biochemical and rubber industries. Aside from synthetic rubber for tyre production, traditional isoprene is used for the production of a wide range of products, such as surgical gloves, golf balls and adhesives. Thus, the potential for BioIsoprene is substantial, according to the companies. (Tire Review/Akron)

10th March 2009/by Tyrepress Editors

Sapphire Merges With Glacier

Sapphire Energy Recovery – now fully-owned by Lafarge Cement UK following a buy-out of joint venture shares from Michelin Tyre plc – has restructured in what it describes as “an aim to operate closer to the sources of waste and further improve customer service.” The business has completed a merger with sister Lafarge resource recovery company Glacier, which was dedicated to sourcing alternative raw materials and fuels for the cement business. The Glacier name will go, and the new company will operate across the waste spectrum with one management team.

Headed by General Manager Jamie Randall, the new-look Sapphire Energy Recovery will continue to serve the tyre recovery market, and even has plans for growth despite the current downturn. Thanks to recent new contracts, it expects to process well over 18 million tyres in 2009; a significant increase on previous years’ averages of 16 million.

5th March 2009/by Tyrepress Editors

Yokohama to Launch New Eco-Tyre at Geneva Show

Yokohama Rubber plans to hold the European launch of its new ‘dB super E-spec’ at the Geneva Motor Show, which gets underway on March 3. The tyre is, according to Yokohama, the “ultimate eco-tyre designed to be environmentally friendly in all respects.” Other new releases will be the “ADVAN NEOVA AD08,” released in Japan in February and marketed here in the summer, and the W.drive cold weather tyre – the latest in the four-product “.drive” series – which will be released this coming winter.

2nd March 2009/by Tyrepress Editors

Dunlop Zimbabwe to Seek Production Boost

Local news sources have quoted Dunlop Zimbabwe managing director, Kennedy Mandevani, saying that the company is looking to capitalise on the decrease in rubber prices by boosting production. Dunlop Zimbabwe has experienced an increase in sales following its licensing by the country’s Reserve Bank to deal in foreign currency. This has provided the company with the opportunity to import raw materials, though Mandevani said that FOLIWARS sales are “not generating enough foreign currency for raw material importation yet.” He said that the company may seek “short-term external financing to bridge this gap.” It is hoped that by increasing production, the additional foreign exchange sales, and the benefits associated with them, will come.

23rd February 2009/by Tyrepress Editors