rubber Archives - Page 112 of 347 - Tyrepress

Tyres can’t function without this critical raw material. Whether its natural or synthetic rubber you are interested in, articles bearing this tag feature this indispensable polymer.

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BKT Outlines Key Factors in “Success”

India’s Balkrishna Tyre (BKT) is setting some ambitious targets for its continued growth. In 2009 BKT held a 3 per cent market share in the off-highway tyres segment (comprising Agricultural, Industrial, Construction, Earth Moving Equipment, ATV and Lawn & Garden), with an expected share for the end of 2010 reaching 4.5 per cent, according to BKT. By 2015, the company hopes to reach a 10 per cent share. BKT has grown its turnover from $82 million in 2004, to $220 million in 2007 and $310 million at the end of 2009. The production value for the end of 2010 is estimated to be $450 million.

18th January 2011/by Tyrepress Editors

CGS Supplies Deutz-Fahr 8-Wheel Prototype Tyres

With more than 70 per cent of CGS Tyres’ revenues coming from its agricultural tyre range – comprising Mitas, Cultor and Continental under licence – the Czech tyre division of CGS Holding Group (Czech Rubber Company) boasts an extensive international sales and distribution network operating in 13 countries, including the United States and Mexico. The manufacturer has an annual turnover of more than $430 million cementing a place among the top three European producers of agricultural and construction equipment tyres. With its current operations based in Europe, 90 per cent of CGS Tyres’ sales are on the European market. The company’s development strategy states that the company will focus on increasing its global presence, which has begun with the establishment of a US base in Iowa.

17th January 2011/by Tyrepress Editors

Cooper JV Plant Earns 9001:2008 Quality Certification

International News

The Mexico based Corporacion de Occidente joint venture, 58 per cent owned by Cooper Tire & Rubber, has earned the ISO 9001:2008 quality certification, joining six other Cooper Tire facilities – the company’s manufacturing facilities in Melksham plus its Findlay, Texarkana and Tupelo plants in the US plus its Cooper Kenda Tire joint venture in China and the Tall Timbers Mold Operations facility in Findlay – that hold this designation.

17th January 2011/by Tyrepress Editors

Chinese Tyre Makers Discuss Ballooning Rubber Prices

The China Rubber Industry Association has referred to rising rubber costs as a ‘grim situation’. The CRIA reports that rubber prices, currently approaching RMB 40,000 per ton, have caused tyre production costs to increase by 50 per cent and squeezed profit margins to a record low, with year-on-year profits declining by up to 50 per cent last year. In light of this industry crisis, seven CRIA members met in Beijing on January 13 to discuss possible countermeasures.

17th January 2011/by Tyrepress Editors

Yokohama Awarded for Samurai Ad Campaign

Efforts made by Yokohama Rubber to increase brand recognition in overseas markets have been acknowledged at the Japan IAA Best Advertising Awards. The company shares that at a presentation ceremony on January 27 it will be handed the bronze award for its “Master of the Road” television commercial, which was aired in a number of international markets.

17th January 2011/by Tyrepress Editors

Himile – China’s Largest Mould Maker

Based just about an hour outside China’s rubber capital city (Qingdao in Shandong province), Himile Mechanical Science and Technology Co., Ltdis purportedly the largest mould manufacturer in the People’s Republic.

Growing into the position of leadership in one of the largest tyre markets is a process that has been completed within the space of one and half decades. Founded in 1995, Himile initially went into business with just two production lines – one for tyre mould making and one for manufacturing tyre manufacturing equipment. Since then the scale of the business has multiplied many times over.

14th January 2011/by Tyrepress Editors

New Equipment to Upgrade Cooper Tupelo Efficiency

A US$9 million upgrade at Cooper Tire & Rubber’s Tupelo, Mississippi passenger car and truck tyre plant will, according to plant manager Patrick Jodon, make the facility “stronger, more flexible and more competitive.” Jodon explained that the Tupelo plant will receive new equipment that will aid in improving its efficiency; this new equipment will be installed within the next 12 to 14 months. The upgrade is expected to add 35 new jobs to the plant’s 1,300 strong workforce.

14th January 2011/by Tyrepress Editors

Chinese Tyre Machinery Maker BJ Hanch Looks to Export Markets

Current annual production stands at 100 units a year, with annual turnover totalling 400 million yuan. The main customers, which include names known to European tyre import business such as Shandong Jinyu and Yongtai Chemical, reside within the People's Republic. Less than 10 per cent of production is exported.

That said the company reports that it plans to develop its export business depending on market conditions. The intention is to further develop the “excellent local support” the company's products and services have been receiving before moving into the export business. In the meantime domestic demand is described as a “more than sufficient opportunity.”

13th January 2011/by Tyrepress Editors

Yokohama to Promote ‘BluEarth’ at Tokyo Auto show

At the upcoming Tokyo Auto Salon 2011, which begins on January 14, Yokohama Rubber will display a new tyre brand alongside its global Advan range. Known as “BluEarth”, Yokohama says the new line-up is based on the concept of “easy on the environment, people and society.” The full BluEarth range will be displayed at the show, including the top of the line BluEarth-1, the premium BluEarth RV-01 for minivans and the standard BluEarth AE-01 tyre.

12th January 2011/by Tyrepress Editors

Latest Rhein Chemie Acquisition a ‘Springboard’ for Further Investments

In the coming years, Lanxess subsidiary Rhein Chemie plans to expand its production of curing bladders for the tyre industry. These plans have been given a boost by its acquisition of Argentina based curing bladder and release agent manufacturer Darmex S.A. for an undisclosed sum. As a result of the acquisition, Lanxess reports that Rhein Chemie will become one of the “world’s leading providers of release agents for rubber products in a highly fragmented market.” Rhein Chemie will also acquire Darmex’s bladder technology in Latin America, a key production hub for leading tyre manufacturers. The release agents and bladders belonging to Darmex will be branded under Rhein Chemie brand name.

12th January 2011/by Tyrepress Editors

Solar Power for Yokohama China Site

Yokohama Rubber intends to reduce its greenhouse gases by 25 per cent (using the year 1990 as a benchmark) by 2020, and to achieve this target the company is introducing natural energy sources and more energy efficient equipment. As part of this programme, China based company subsidiary Hangzhou Yokohama Tire Co., Ltd. is installing a photovoltaic power generation system at its head office administration building and guardhouse. The solar power equipment to be fitted there is comprised of seven hundred and twenty nine 100-watt panels in a space of approximately 3,000 square meters, and these will supply about 67,000 kWh of electricity annually – about 0.3 per cent of the facility’s requirement – and cut CO2 emissions by about ninety four tons per year. This first solar power system installed at a Yokohama Rubber company outside of Japan will enter operation in February 2011.

12th January 2011/by Tyrepress Editors

Jorge Crespo New Infinity Europe General Manager

International News, UK News

Infinity Tyres Europe Ltd has appointed Jorge Crespo as the company’s new European general manager. Crespo joins Infinity following nine years at Cooper Tire Europe where, as sales and marketing director, he was a board member. Prior to joining the Cooper Avon operation in Melksham, Crespo worked in the rubber compounding industry. However, having trained as a solicitor before entering the business world, he also brings a level of legal awareness into his new management position. Crespo took up his new role on 4 January.

11th January 2011/by Tyrepress Editors

Conti Sales Reach 25.5 Billion Euros in 2010

Signs of a rebound in the automotive industry following the recession can be seen in the latest annual results released by Continental AG. The tyre and vehicle components manufacturer reports sales in excess of 25 billion euros. “On the wings of better than expected business in the last three months of the year, we realised sales of over 25.5 billion euros in 2010,” stated Continental Executive Board chairman Elmar Degenhart at the North American International Auto Show in Detroit. Furthermore, despite an additional 480 million euro year-on-year cost to the company’s Rubber Group due to record high raw material costs, Degenhart said Conti’s adjusted EBIT margin will work out to be around 9.5 per cent for 2010.

11th January 2011/by Tyrepress Editors

Escalating Raw Material Cost Prompts Further Bridgestone Price Adjustment

During the first quarter of 2011, Bridgestone will implement price increases on all consumer, commercial, retreaded and specialty tyres sold in Europe. Prices will rise by an average of six per cent, however this will vary between markets and product categories.

11th January 2011/by Tyrepress Editors

Reduction in Downtime Sees Suckling Re-Sign with Michelin

Suckling Transport has renewed a contract to fit Michelin tyres across its fleet following an 11 per cent reduction in tyre-related breakdowns since it began fitting Michelin tyres in 2008. The independent petroleum haulage contractor, which runs a fleet of 62 tractor units and 74 trailers from its base in West Thurrock, Essex, has also seen its regroove rate rise from zero to 53 per cent. It predicts an annual saving of £20,000 as a result of the contract renewal.

10th January 2011/by Tyrepress Editors