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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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Pirelli JV to Take Over Sibur Russian Tyre Assets

International News, News

Pirelli has agreed to take over the assets of Sibur Russian Tyres after signing a memorandum of understanding (MOU) with Russian Technologies and oil major Sibur Holding in Moscow on Friday 26 November. The deal, which is likely to position Pirelli as major player in the Russian market, comes after domestic market leader Niznekamskshina, (owned by another oil major, Tatneft) confirmed it had been in merger talks with Sibur in August. However, the latest MOU even goes as far as leaving the door open for a partnership that may offer Pirelli “a further opportunity for development and consolidation through the possible acquisition of or merger with Nizhnekamskshina.”

29th November 2010/by Tyrepress Editors

Sumitomo Chemical to Build S-SBR Plant in Singapore

In future the 270 square mile state of Singapore will be home to no less than three major synthetic rubber production plants following Sumitomo Chemical’s decision to construct a solution styrene-butadiene rubber (S-SBR) facility on Jurong Island. The Japanese firm intends to have the 40,000 tonne per annum capacity plant ready for commercial operation in the fourth quarter of 2013.

26th November 2010/by Tyrepress Editors

FIM World Endurance Win a “Fantastic Achievement” – Dunlop

When the Dunlop shod Suzuki Endurance Racing Team took the chequered flag at the 8 Hours of Doha on November 14, the result ensured not only race victory but also victory in the whole 2010 FIM World Endurance Championship. Half of the season’s top-ten ranked bikes rode on Dunlop, and the tyre maker points out that this championship victory marks the eighth occasion in which Dunlop has clinched the world title in the last ten years.

26th November 2010/by Tyrepress Editors

Reifen China 2010 Opens it Doors

For the fourth time in its history, Reifen China welcomed floods of visitors through the doors of the Shanghai New International Expo Center where over 100 exhibitors from some of the country's leading suppliers and traders were waiting to share details of the latest products and business developments. Like the 2009 show, this year's Reifen China doesn't have the near complete set of the top 10 Chinese tyremakers that the organisers have been able to attract in the past. However, Messe Essen GmbH's cooperation with the China United Rubber Corporation (CURC) and conceptual sponsor cooperation with Bundesverband Reifenhandel & Vulkaniseur-Handwerk e.V. (BRV – the German tyre distributor and vulcanisation association has managed to attract some of the biggest players in the business and certainly offer the largest scale and most attractive exhibition stands at any tyre show Tyres & Accessories has visited in the country.

25th November 2010/by Tyrepress Editors

Titan Ups Tyre Prices, “Repositions” Products

Blaming the continuing upwards momentum of natural rubber and other raw materials costs, in addition to increased transportation costs, Titan Tire has announced that its tyres and Titan manufactured, Goodyear branded farm tyres will increase by “up to 8 per cent”, though some products will supersede this rate of growth “due to repositioning of the product”.

24th November 2010/by Tyrepress Editors

China’s Tyre Production Tipped to Grow 50% in 5 years

Chinese publication AutoEvolution.com has reported the latest production figures released by the China Rubber Industry Association. Tyre production in China is likely to be 10.5 per cent higher this year than in 2009. Last year the country produced a total of 380 million tyres, and this year output is expected to reach 420 million units. It is hoped that by the end of 2015 production will reach around 570 million tyres per annum.

22nd November 2010/by Tyrepress Editors

Conti to Raise Prices in Asia

List prices for Continental’s replacement summer and all-season tyres in numerous Asian markets will increase by five per cent on December 1. According to the manufacturer, the increase in “in response to the current very high price level for the main types of natural rubber used in the production of tyres," and will apply to all Continental passenger car and light commercial vehicle tyre brands. The price increases apply in China, Taiwan, Thailand, Malaysia, Indonesia, Philippines, Vietnam and Singapore.

22nd November 2010/by Tyrepress Editors

Bridgestone Holds Topping Off Ceremony for US Technical Centre

After nine months of construction, on November 18 the final steel beam was hoisted into place on the Bridgestone Americas Tire Operations, LLC (BATO) state-of-the-art Technical Center in Akron, Ohio in a small topping off ceremony. This final beam to be manoeuvered into place bore the signatures of many employees at the current technical centre, many of whom watched its installation via web conference. The beam is situated at the highest point of the US$100 million dollar facility.

22nd November 2010/by Tyrepress Editors

Dunlop SportSmart Voted MCN Tyre of 2010

During more than 50 years in print the UK based publication Motorcycle News (MCN) has sold nearly half a billion copies, and the information it shares is widely read and respected at home and internationally. It is thus no surprise that Dunlop takes pride in the selection of its Sportmax Sportsmart for this year’s MCN Product of the Year – Tyre award. The Dunlop rubber took top honours based both on the decision of the MCN judging panel and votes submitted by readers of the popular weekly paper.

18th November 2010/by Tyrepress Editors

First Tyres From Phase 2 of Hankook Hungary Plant Produced

Hankook Tire reports that the first additional tyres produced at the firm’s Rácalmás, Hungary as part of the factory’s second phase expansion plan have rolled off the production line well ahead of its target date. The construction of the factory’s second phase had started in September 2009 and will reach its full capacity by the second half of 2011. According to the plans, the new 58,000 square metre sized unit will then be able to produce a further 16-17 thousand tyres a day taking daily production at the plant to 34-35 thousand units daily. According to the company, increased demand has allowed Hankook to invest a further 230 million euros in this expansion bring total investment in the site up to 550 million euros.

17th November 2010/by Tyrepress Editors

Yokohama Supplying Macau Grand Prix Tyres for 28th Consecutive Year

When the F3 race cars take their positions on the starting for this year’s Macau Grand Prix, which gets underway on November 18, each of the 32 competing vehicles will be fitted with tyres supplied by Yokohama Rubber. This is hardly surprising, given that the Japanese tyre maker has acted as official tyre supplier to this particular race for more than a generation. This year marks the 28th consecutive occasion in which Yokohama has provided tyres for the Macau Grand Prix, having begun in the role of official tyre supplier in 1983.

17th November 2010/by Tyrepress Editors

Pirelli Producing More Royal Rubber

It’s been more than eight years since Her Majesty the Queen last had new tyres fitted on her Bentley, and although she’s probably not clocked up excessive miles in the limousine, some tyre and vehicle manufacturers recommend replacing tyres every six years to avoid risks associated with tyre aging. Perhaps with this in mind, a replacement set has been ordered for her 2002 Bentley – a procedure a little more involved than just popping into the local fast-fit centre.

16th November 2010/by Tyrepress Editors

Yokohama Releases English Version of its CSR Report 2010

The English language version of Yokohama Rubber’s “CSR Report 2010” is now available. This translation of the 32-page Japanese report released in September is downloadable in PDF form from the company’s “Environment & Social Activities” website at http://www.yrc-pressroom.jp/env_en/index.shtml. The report covers the period between April 2009 and March 2010 and details various aspects of Yokohama Rubber’s approach to corporate social responsibility.

16th November 2010/by Tyrepress Editors

Analysts: Winter Tyres; Price Increases to Support Sumitomo Profitability

Following the publication of Sumitomo Rubber Industries’ nine-month 2010 results, financial analysts have observed that the firm was “hit by higher raw material prices,” which are said to have “shaved off” billions of yen of profitability. Nevertheless the company maintained its full-year earnings advice. Deutsche Bank analysts said they expect the company to outperform in the fourth quarter of this year off the back of winter tyre sales: “The key point is whether price rises/better product mix/higher volumes can offset the impact of raw materials prices, including natural rubber and yen/baht appreciation.”

15th November 2010/by Tyrepress Editors

Latest Sumitomo Financials See Company in Stronger Position

Sumitomo Rubber Industries’ financial results for the nine months to September 30 show a 19 per cent increase in net sales plus a return to the black. During the nine-month period the company took in net sales of 424,514 million yen (£3.2 billion), as opposed to 356,662 during the same period of 2009. Operating income amounted to 28,640 million yen (£215.2 million), 190 per cent more year-on-year. Ordinary income was for the nine months was 25,311 million yen (£190.2 million) and net income 14,036 million yen (£105.5 million).

15th November 2010/by Tyrepress Editors