Retread Pioneer George Edwards Dies
(Akron/Tire Review) George Edwards, one of the founders of the former American Retreaders Association whose efforts on behalf of U.S. retreaders earned him induction into the Tire Industry Hall of Fame, has died.
Retreading
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Tyre De-vulcanization Concept Gains WRAP Commercialisation Support
Product NewsTyre recycler Rubber-Regen LLP has become the first company to sign up for support through the Recycling Commercialisation Centre, the facility established by WRAP (Waste & Resources Action Programme) to support and accelerate the growth and development of early stage technologies in the recycling sector.
Apollo to Open Retreading Plant
Product NewsApollo Tyres is reportedly planning to open a retreading tyre plant in Haryana, India. The company will invest 50 million rupees in the satellite plant, according to Business Line. Apollo intends to have 2-3 such satellite plants strategically located in the country. The company has invested in imported machinery for the new plant though it will run a retreading process that was designed in-house.
Retreading Plant to be Completed Early
Product NewsPolyurethane elastomer tyre technology company Amerityre Corporation has reported that its Chinese licensee, Qingdao Qizhou Rubber Company, LTD. estimates it is approximately two months ahead of schedule in the construction of its OTR polyurethane elastomer retread facility in Shandong Province. The construction project, commenced in September 2006, was originally anticipated to be completed in September 2007.
Bandag Moves Into Saudi Arabia
Product NewsWell-known Saudi Arabian tyre specialist General Retread has entered into a partnership with Bandag to launch precure tyre retreading in the Kingdom of Saudi Arabia. This is a virgin market for Bandag.
Bandag Faces Lawsuit over Bridgestone Purchase
Product NewsA number of Bandag Inc. shareholders have reportedly filed a lawsuit against the retreading supplier for allegedly failing to seek offers of purchase from potential buyers other than Japanese tyre giant Bridgestone. The lawsuit was filed in the District Court in Bandag’s hometown of Muscatine County, Iowa on December 8 by the Plumbers and Pipefitters Local 572. They are seeking class action status on behalf of all shareholders.
Tyre Aftermarket in India Growing: Frost & Sullivan Report
Product News(Akron/Tire Review) A new report from Frost & Sullivan, entitled “Indian Tire Aftermarket,” shows that the Indian tyre aftermarket earned revenues of $1,461.7 million in 2005 and estimates revenues to reach $3,414.6 million in 2012.
Frank Gregory Appointed Sales Director at Kraiburg Austria
Product NewsKraiburg Austria has appointed a new management team for its Retreading Materials business unit, with Frank Gregory becoming sales director. The move took effect on 1 January and saw the eight-year Kraiburg veteran promoted from the position of sales manager Central Europe.
Amerityre Issues News on Run-Flat Testing
Product NewsAmerityre Corporation, a developer of polyurethane elastomer tyre technologies, has announced it has successfully completed significant portions of the pending FMVSS 139 safety standard testing on its Arcus® run-flat tyre design. FMVSS 139, the NHTSA testing standard for high speed and endurance, will come into effect this July.
New Marangoni Facility
Product NewsMarangoni Meccanica, the division of the Marangoni Group responsible for designing and developing new tyre technology, has recently inaugurated a new facility in Roverto, Italy. The new 11,000 m² facility will house approximately 80 employees involved in large research projects related to developing new hardware and ideas.
Marangoni Sponsors Car Design Exhibition
Product NewsThe Marangoni Group is one of the sponsors of Mittomacchina, a major exhibition dedicated to the history of car design, which is being held at Mart, the modern and contemporary art museum of Trento and Rovereto, until May 1st 2007.
Speaking at the opening of the exhibition on 2 December, Mario Marangoni, president – Marangoni Group, said: “For over 50 years our Group has believed in tyres and has educated its people and developed new technologies to be able to handle every aspect and every phase of a tyre’s life cycle.”
Wennemer: Retreading Is Not Continental’s “Core Business”
Product NewsFollowing the news of Bandag’s sale to Bridgestone, Continental AG CEO Manfred Wennemer told journalists that a strategic acquisition of Bandag would have been too expensive and did not fit into the company’s strategy. Speaking to a group of journalists, Wennemer added: “Retreading is not core business for Continental.” While company executives may be trying to distance Continental from the retreading side of the commercial vehicle business, the exact effect Bridgestone’s acquisition will have on Continental’s partnership with Bandag remains to be seen.
Taking the Heat – SureSeal from Tripoint
Product NewsAccording to the manufacturer Tripoint’s SureSeal Rimless System is the highest temperature rubber seal on the market and is less expensive to use than competing products. Tests performed by Bergey’s Retread Technologies demonstrated SureSeal’s performance. “Tripoint’s SureSeal is lasting three times longer than the rubber seals we used previously, saving Bergey’s more than 30 per cent on replacement cost,” says Mike Ellinger, general manager for Bergey’s Retread Technologies.
Loan to be Used in Bridgestone/Bandag Buy
Product News(Akron/Tire Review) Bridgestone Corp. said yesterday that it will use a bank loan to facilitate Bridgestone Americas Holding’s acquisition of Bandag Inc., announced earlier this week. BAH is buying the retreading giant for $1.05 billion in cash, with Bandag becoming an operating subsidiary of BAH. The deal is expected to close by mid-2007.
More than 29 Managers to Leave Goodyear Dunlop UK in 2007
Product News29 managers have lost their jobs at Goodyear Dunlop UK. The job losses are part of a restructuring programme, which will cut around 100 jobs in total. The management cuts will almost exclusively be from positions at the company’s TyreFort headquarters in Birmingham, with about 69 job losses coming from non office-based staff. However, at least some of the jobs lost at Hi-Q and TruckForce depots are a question of administration, with employment simply transferring to the various holders of the new franchise agreement instead of Goodyear Dunlop itself.
