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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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Cooper Sees 3Q Results Fall

Driven by operating losses in all of its tyre units, Cooper Tire & Rubber Co finished the third quarter with a net loss of $1 million and sales that nudged just 1 per cent over last year’s results. Analysts described the company’s third quarter as “challenging” and warned that there are “more headwinds to come.”

For the quarter, Cooper posted sales of $558 million, up 1 per cent against the same period in 2004. The net loss, said Cooper, came as a result of lower unit sales, higher raw material costs, and “higher reported interest expense.”

10th November 2005/by Tyrepress Editors

Tyre Shredders Fined £4500

At the end of October Kevin Smith and Andrew Wilson, trading as ‘Tyre Shredders Fined £4500’, pleaded guilty to four charges relating to the keeping of waste without a Waste Management Licence at Derby Magistrates. The men also faced a charge of failing to comply with a notice requiring the removal of the illegally deposited waste.

The men were each fined £1600 Environmental Protection Act 1990 and ordered to pay costs of £650 each. Speaking after the case, Rebecca Warren, of the Environment Agency, said: “The incorrect storage of tyres poses both a threat to the environment and a fire risk. A Waste Management Licence sets down what needs to be in place to minimise these risks and therefore operating without one is both illegal and irresponsible. We will not hesitate in taking action against those behaving in such a way.”

10th November 2005/by Tyrepress Editors

Goodyear Expands Dunlop Direzza Brand

(Akron/Tire Review) Goodyear Tire & Rubber Co is expanding the Dunlop brand Direzza tyre line by launching two new Direzza race tyres and new sizes of the Direzza DZ101.

9th November 2005/by Tyrepress Editors

Is Conti Eying Goodyear Unit?

(Akron/Tire Review) Continental AG is considering the purchase of Goodyear Tire & Rubber Co’s engineered products business. Conti CFO and Continental Tire North America President Alan Hippe told German media last week that such an acquisition would be a good fit. “We will look at that. That is for sure,” Hippe said. “But I have to state here that our major priority is to grow in automotive systems.

9th November 2005/by Tyrepress Editors

Hankook Launches Numerous Tyres at SEMA

(Akron/Tire Review) Hankook Tire America Corp unveiled a host of innovative tyre products and its new model at the SEMA Show last week.

Among the new tyres on display was the Dynapro MT RT03, the latest addition to Hankook’s off-road and light truck tyre line. The Dynapro MT RT03 features a V-shaped center block to firmly grip the road surface for added traction and better handling, as well as a side protection block that protects against the shock of foreign objects and pothole damage while improving traction in mud and soft terrain. The Dynapro MT RT03 will be available in sizes ranging from 15 to 22 inches.

8th November 2005/by Tyrepress Editors

Bridgestone To Build Tech Centre Alongside Wuxi Plant

Bridgestone Corp has announced that it plans to build a technical centre beside its existing tyre plant in Wuxi in Jiangsu Province. The US$14 million facility, Bridgestone (China) Research & Development Co, will be responsible for testing raw materials supplied to the company’s Chinese tyre factories, according to a statement issued by the Japanese manufacturer.

The centre is expected to go into operation next July with some 20 employees and will be Bridgestone’s fourth technical centre worldwide in addition to facilities in Tokyo, Rome and Akron in the US state of Ohio.

8th November 2005/by Tyrepress Editors

Rodia Named EVP, COO of Titan International

(Akron/Tire Review) As of 1 November, Ernest J Rodia is Titan International Inc’s new executive vice president and chief operating officer (COO). Rodia had worked for Goodyear Tire & Rubber Co since 1966 in various capacities, including vice president of global engineering and manufacturing technology. He had been instrumental in Goodyear’s entry into radial tyres and directed tyre manufacturing in the tyre company’s European and Asian markets.

Rodia also worked as plant manager of Goodyear’s Kelly-Springfield/Goodyear farm tyre plant in Freeport, Illinois. He earned a mechanical engineering degree from Virginia Polytechnic Institute and a management degree from Harvard University.

8th November 2005/by Tyrepress Editors

Goodyear Goes Smoke Free

Goodyear Tire & Rubber Co is aiming to be a smoke free company, and this time the development has nothing to do with burning rubber. Instead Goodyear is the first major employer in the US state of Ohio to take part in an anti-smoking programme that provides free nicotine patches to employees who smoke and want to quit, the Akron Beacon Journal has reported. The programme is a joint effort with the Ohio Tobacco Use Prevention and Control Foundation, which is splitting the cost of the patches with Goodyear.

7th November 2005/by Tyrepress Editors

Sumitomo Rubber to Introduce Low-Oil Tyres

Sumitomo Rubber Industries has developed a tyre that uses less synthetic rubber than normal. Approximately 55 per cent of the material in a conventional tyre, including synthetic rubber and other polymers, is petroleum-derived. The new Sumitomo tyre drops this down to around 30 per cent.

In addition to reducing the amount of synthetic rubber used, the manufacturer also plans to increase the share of genetically engineered natural rubber, which is made from the latex sap of the rubber tree, the Green Car Congress has reported.

7th November 2005/by Tyrepress Editors

Overpriced or Undervalued?

When Bridgestone recently announced that it would increase prices in Europe it was the latest in a string of decisions by tyre manufacturers around the world. It seems that no matter where in the world a company is based, companies cannot avoid the increased price of raw materials and particularly natural rubber, synthetic rubber and steel. But T&A would like to know what you think about the recent spate of price increases issued by manufacturers around the world? Are they a necessary evil, a stealth tax on distributors or just the result of prudent financial planning on the part of the manufacturing business? To place your vote and leave your opinion click here.

4th November 2005/by Tyrepress Editors

1 in 10 UK Drivers Below Tread Depth Limit

Online tyre company rubberball.co.uk has published research showing that 10 per cent of British motorists will be driving with at least one faulty tyre this winter. Only 9 per cent of drivers surveyed were aware that the minimum legal tread depth is 1.6 millimetres and a further 10 per cent believed that their tyres were still safe below this level.

3rd November 2005/by Tyrepress Editors

Goodyear Honours Basketball History

Goodyear Tire & Rubber Co has introduced a completely new product. It’s not a tyre; in fact, it’s not even made out of rubber. It is a one-of-a-kind collectible basketball jersey that recalls its sports heritage and honours a basketball legend. In 1964, Akron’s Goodyear Wingfoots – a basketball team of Goodyear associates playing in the National Amateur Athletic Union Basketball League – won the AAU National Championship. One of the players on that team went on to become an Olympic gold medallist, an all-star professional player, a championship coach at both the college and professional levels and a member of basketball’s Hall of Fame: New York Knicks head coach Larry Brown.

3rd November 2005/by Tyrepress Editors

Toyota and Goodyear in Court Over Run-Flat Wear Claims

Two New York law firms have filed class-action lawsuits against Toyota Motor Corp and Goodyear Tire & Rubber Co alleging the two companies sold “defective tyres” to certain buyers of Toyota Sienna minivans.

The suit filed on behalf of Stanley Monk and other buyers of the Sienna, claims “run-flat” tyres produced by Goodyear under the company’s Dunlop brand wear out after approximately 10,000 miles of use, said attorney Roger Bernstein. According to a Dow Jones report, he said the Dunlop tyres need to be replaced on a annual basis, which apparently means they are “defective.”

2nd November 2005/by Tyrepress Editors

Toyo Opens Australian Rubber Mixing Plant

Toyo Tyre & Rubber Australia Limited (TAL) a subsidiary of Toyo Tire & Rubber Co, Ltd, opened its new rubber mixing plant in Australia on the 20 October. Located in Minto, New South Wales, TAL’s new rubber mixing plant employs 61 people and is situated on a 76,900 m2 site.

2nd November 2005/by Tyrepress Editors

Goodyear Assurance Gets First OE Fitments

The Goodyear Tire & Rubber Company has announced that its premium auto tyre, the Assurance featuring ComforTred Technology, has been chosen as original equipment for its 2006 Chrysler 300C, Dodge Magnum R/T and Dodge Charger R/T models. Goodyear’s supply of ComforTred tyres for these high-image cars represents the first original equipment position for the tyre line, regarded as the most successful new product launch in the company’s history.

2nd November 2005/by Tyrepress Editors