South Africa Archives - Page 26 of 30 - Tyrepress

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Bridgestone SA Introduces ‘Super’ Range of Truck Tyres

Bridgestone South Africa has introduced a new ‘Super’ range of the company’s well known Firestone HP3000, PSD3000 and UT3000 steel cord radial truck tyres. According to Bridgestone SA vice president of sales and marketing, Johnny Kuroki, the new range is much improved despite the fact that there is no change in external appearance. Allegedly, the changes are the result of ongoing research and development and the range incorporates Bridgestone’s latest design and manufacturing technology.

25th September 2006/by Tyrepress Editors

Tyrexpo Africa Success

After more than a quarter of a century since the last tyre show in the country, the recent Tyrexpo Africa 2006 held in South Africa was a great success. Based at the Sandton Convention Center in Johannesburg, more than a hundred national and international exhibitors took part, including Michelin, Bandag and Vipal as well as many international wholesalers. The show’s floorspace was sold out. The organisers, ECI, were optimistic about the response to the show and said that the next step is to follow this exhibition with an even bigger event in 2008. The first comments from exhibitors sounded positive. The exact visitor statistics will be published later this week.

18th September 2006/by Tyrepress Editors

Pirelli Believes in Young Managers

At just 34 years old Gianluca Lionetto was appointed as managing director of Pirelli Asia in July, gaining responsibility for Pirelli activities in 14 Asian countries excluding China and Japan. Before taking on this new role Lionetto spent one year as a managing director in South Africa, following two years as marketing director there. His successor as head of Pirelli South Africa is 35 year-old Alessandro Marchi.

18th September 2006/by Tyrepress Editors

North America’s Largest Independent Tyre Exporter

Hercules Tire International, based in Kitchener, Ontario, Canada, is the largest independent tyre exporter in North America, with warehouses in Canada, the USA and China. The company’s export lines cover a vast range of different brands, prices and grades of tyre, from passenger car and light truck tyres to very large off-the-road and speciality tyres. Hercules’ own brands include Hercules, Merit, Electra and Ironman – all of which are manufactured in the USA and China.

4th August 2006/by Tyrepress Editors

Tyrexpo Africa – The Signs are Looking Good

The inaugural Tyrexpo Africa exhibition will take place at the Sandton Convention Centre, Johannesburg, from 12 – 14 September and is the latest event in the portfolio of ECI International, following on from Tyrexpo Asia (based in Singapore) and Brityrex International (UK).

4th August 2006/by Tyrepress Editors

Tyrexpo Africa Launch

September will see the launch of Tyrexpo Africa 2006 – the only independent tyre trade event focusing on every aspect of the tyre industry – which will take place from 12 to 14 September at the Sandton Convention Centre in Johannesburg. Look out for full coverage in Tyres & Accessories magazine and online services over the coming months.

1st August 2006/by Tyrepress Editors

Apollo Tyres Net Sales Grow 33 per cent in Q1 2006-07

Apollo Tyres Ltd’s un-audited financial results for the first quarter of the 2006-07 financial year show net sales grew over 33 per cent to 757.2 billion rupees from 568 billion rupees. The company also reported that a 20 per cent growth in unit volume was led by increased radial car and truck tyre sales. Post tax profits remained stable at 1.62 billion rupees. In the past quarter Apollo has raised selling prices by around 9 per cent across its range.

25th July 2006/by Tyrepress Editors

Bandag Reports Second Quarter Results

Bandag, Incorporated reported consolidated net sales for second quarter 2006 of $247.3 million compared to consolidated net sales of $227.3 million in second quarter 2005, an increase of nine percent. Consolidated net sales were positively impacted by approximately $4.1 million due to the effect of translating foreign currency denominated net sales into U.S. dollars. Consolidated net earnings were $10.5 million, or $0.54 per diluted share, for second quarter 2006, compared to second quarter 2005 consolidated net earnings of $12.7 million, or $0.65 per diluted share.

20th July 2006/by Tyrepress Editors

Apollo Tyres “Disappointed at Misleading Story”

A story in the Business Standard in India, and mentioned on this website yesterday, has provoked a reply from Mr. Sunam Sarkar Chief, Corporate Strategy & Marketing for Apollo Tyres. The headline was “Apollo Tyres to Stop Making Radials in India” and Mr. Sarkar has written to the publication, saying he was “quite disappointed” in the story, which he describes as “misleading in the way it represents the facts” and with a headline that is “completely erroneous.” Mr Sarkar goes on: “There is no plan to stop making radials in India, rather we are increasing capacity. The specific fact that we discussed was the possible sourcing of low volume products from our South African facilities, so that our plant in Baroda can produce more of the high volume sizes. “The quote that ‘Apollo currently manufactures 200 radial tyres a month’ is completely untrue. We are currently manufacturing more than 7,000 radials per day, with plans to increase to 10,000 radials per day very shortly. While it is correct that we are exploring the replacement of South African manufactured cross-ply tyres with Indian ones, the important aspect of that strategy that does not come through in the story is that this production in South Africa will be replaced with increased production of truck radial tyres.”

23rd June 2006/by Tyrepress Editors

Three Decades of Processing Experience

Eldan Recycling A/S Denmark has been recognised as a leading supplier of Tyre Recycling Plant and Equipment for over 30 years. The company first manufactured a Rasper model 800 in 1970 to process car tyres into 20 mm chips to feed into a boiler to heat a commercial Greenhouse in Denmark.

Since that time the company has expanded from a small family run business into a large manufacturing company employing over 100 people, however, it has still managed to retain the personal touch often lacking with larger companies.

16th June 2006/by Tyrepress Editors

Apollo Tyres Considers More EU Acquisitions

Apollo Tyres, is reportedly planning acquisitions in Europe and South East Asia in the current financial year. “We will be interested in acquiring companies that will synergise the group’s expertise in the areas of manufacturing, overseas markets and new technology,” Neeraj Kanwar, joint managing director, Apollo Tyres, told India Business Line.

Acquisition will also be a strategy to increase the proportion of radialisation in the company’s truck and passenger car tyres. In January, the company acquired South Africa-based tyre manufacturer Dunlop Tyres international, a radial tyre manufacturer for roughly £36 million, 50 million euros.

15th June 2006/by Tyrepress Editors

Dartford Dealer in Charity Challenge

A big-hearted Dartford tyre dealer is gearing up for the challenge of a lifetime in aid of charity. Paul Vanner is joining 99 other people from across the UK in a project called Riders for Health, which aims to provide remote African villages with motorbikes, which are vital to enable them to obtain medical supplies from towns often hundreds of miles away.

6th June 2006/by Tyrepress Editors

Apollo Tyres Ltd Concludes Acquisition of Dunlop South Africa

Apollo Tyres Ltd has formally concluded the process of acquiring Dunlop Tyres International (Pyt) Ltd (Dunlop South Africa) in a £36 million all cash deal. Apollo’s board of directors had approved this acquisition on January 31, 2006, at a board meeting in Mumbai, India. All regulatory approvals in India and South Africa alongside the transfer of shares have already been completed.

25th April 2006/by Tyrepress Editors

Floor Space for Tyrexpo Africa Selling Fast

(Southern Africa/SA Treads) The launch of Tyrexpo Africa 2006 has been met with excellent response from both national and international exhibitors. Reaction from the local sector to the show – scheduled to take place from 12-14 September 2006 at the Sandton Convention Centre – Johannesburg, has not only been positive, is has secured buy-in from major players in the industry and confirmed our own suspicions – a dedicated tyre show of this kind was long overdue in our corner of the world! Already, at this early stage, over 50 percent of stand space has been booked up.

28th March 2006/by Tyrepress Editors

Pirelli Tops South African Tyre Survey

Pirelli has come top in JD Power’s South African tyre satisfaction survey. But it wasn’t all good news for the tyre business. The research also found that many of the tyre brands fitted to new vehicles are below the industry average in terms of local customer satisfaction.

Pirelli retained the top spot for a second consecutive year with an overall CSI (Customer Satisfaction Index) score of 841 based on a 1000-point scale. Five index points separate Pirelli from second-place Michelin (836). Bridgestone (815) and Yokohama (798) also achieved above industry average scores. However, Firestone (769), Goodyear (780), Dunlop (781) and Continental (789) tyres were all ranked below the average of 790. The two lowest-ranked tyre brands were Korea’s Kumho (766) and Hankook (752). BFGoodrich, General, India, Kelly, Kleber, Toyo and Uniroyal were all included in the study, but not ranked due to insufficient sample size.

21st February 2006/by Tyrepress Editors