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Lanxess and Triangle sign rubber supply deal

German specialty chemicals company Lanxess and Chinese tyre maker Triangle Group have strengthened their long-term partnership with the signing of a halobutyl rubber supply agreement. Under the terms of the agreement, which was signed at Triangle’s headquarters in Shandong Province by Ron Commander, global head of Lanxess’s butyl rubber business unit, and Lin Bin, senior vice-president of Triangle Tyre, Lanxess will supply Triangle with halobutyl rubbers from 2012 to 2014. Financial details of the agreement have not been disclosed.

26th July 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

Von der Heyde: Between Tradition and High Tech

The roots of W. von der Heyde GmbH (Stade) run about 130 years deep. When the company receives a smaller order from the Elbe-Weser triangle region of Germany, employees are reminded that the company founded its reputation as a machinery manufacturer as a forge. In the meantime, “VDH” is primarily equipped for high tech solutions in the specialty machinery industry. Without the traditional craftsman-like background repair jobs of rather simple, but often times very old mechanical devices for which drawings and spare parts no longer exist, as well as very complex machines with highly automated processes, would not be conceivable.

26th March 2010/by Tyrepress Editors

Triangle Warns of Unauthorised Exporters

China’s Triangle Group reports that a number of individuals and companies have recently falsely represented themselves as authorised Triangle tyre dealers, in an attempt, says Triangle, to cheat foreign customers in the distribution of Triangle tyres via the internet to international markets. The Triangle Group says it has received complaints from export market customers regarding such activities.

26th March 2010/by Tyrepress Editors

CES UK Launches Chassis Safety Events

Regarding braking as one part of the triumvirate of chassis safety, car parts, garage equipment and training provider, CES UK has launched a series of events at educational facilities located close to its branch network across the UK. CES has a “Safety Triangle” logo illustrating this point, with the three ‘s’-es of stopping steering and stability emblazoned on each of the shapes sides. The events, in the words of CES, “will be looking at the safety critical systems within the chassis systems and exploring the results of component failure, duty of care, changes in technology and garages profit opportunities.”

1st March 2010/by Tyrepress Editors

New Triangle Plant in Production Q1 2010

The Smithers Report provides information on a new facility being built by the Triangle Group in China. The plant, located near its headquarters in Weihai, Shandong, will reportedly be operational by the first quarter of 2010 and have a capacity to produce 5.6 million truck and bus tyres or eight million passenger car tyres per annum. The US$465 million facility is also being designed to minimise raw materials waste and energy use.

10th November 2009/by Tyrepress Editors

Triangle Chairman Issues Green Challenge

Triangle chairman and CEO Ding Yu HuaTriangle Group chairman and CEO Ding Yu Hua brought his message of industry working for a greener earth to the SEMA Show, issuing a challenge to the tyre industry to help the world move from an “industrial civilisation” to an “ecological civilization.” To do that, Ding said, industry need to adopt principles to lessen their impact on the environment and do more to reduce, recycle and reuse materials used in production and the final products themselves.

6th November 2009/by Tyrepress Editors

Daewoo to Produce Home Brand Tyre

News from the SEMA show in the US indicates that South Korea’s Daewoo International wishes to bring its own home brand tyres to market. The company has developed its own tread patterns and owns the moulds and plates used in production, however the tyres will reportedly be manufactured in China by several manufacturers, including Triangle Tyre. The company is looking to distribute the range internationally.

6th November 2009/by Tyrepress Editors

Sentaida Group Increases Tyre Prices 10% After Tariff Announcement

Sentaida Group, a distributor of Chinese-manufactured tyres in the USA, has reacted to President Obama’s Chinese tyre tariffs by increasing its prices across the board by 10 per cent. The Tire Business website reports that the company’s general manager, Brian Chung said that the Miami-based distributor would implement the price increase in two weeks. The company distributes brands such as Sentaida, Linglong, Triangle and Sonny, as well as many other Chinese brands. It operates a factory in Qingdao, which opened as Chenchelyn Tire Co in the summer.

22nd September 2009/by Tyrepress Editors

When is a Price Cut Not a Price Cut?

International News

When is a price cut not a price cut? Answer: when international tyre imports and global exchange rates are involved. This month a number of Chinese tyre factories lowered their gate prices in response to the recent easing of raw material costs. Combined with decreases in shipping costs, you’d think this would result in cheaper tyres for mature markets. However, according to industry sources, if the mature market you had in mind was the UK – or most of Europe for that matter – you would be wrong.

Aeolus Tyres, for example, apparently became the first tyre maker to openly cut its rates, saying it was aiming to send a clear signal that as a “runner-up among major tyre brands,” it is taking the lead in terms of pricing. Clearly the idea here was for the economy tyre producer to steal a march on the premium tyre manufacturers that are fighting hard not to cut product prices, despite market analysts’ predictions that the days of price increases are over and the opposite is likely, and take advantage of raw material price stabilisation.

4th March 2009/by Tyrepress Editors

Pack a Sub-Zero Survival Kit, Warns Kwik-Fit

The Met Office reports that the snow experienced across parts of the UK yesterday was the heaviest to have fallen in 18 years. With perhaps a whole generation of motorists therefore unaccustomed to conditions of this type, Kwik-Fit has issued timely advice to motorists, telling those who must continue using the roads in times of heavy snow to pack a ‘sub-zero survival kit’, in case they are stranded or face lengthy delays.

This warning comes in light of research from the automotive retailer, which found that motorists fail to carry the most basic of survival items, even in the most treacherous conditions. Indeed, even though a survey has indicated that more than a quarter of British motorists have been stranded by the roadside in wintry conditions, the majority lacked basic sub-zero survival items in their car.

3rd February 2009/by Tyrepress Editors

Autocar Tyre Test Reports on Premium/Budget Quality GAP

Autocar’s latest tyre test reports on the extent of the performance gap between premium and budget products when it comes to wet weather handling. Autocar tested five leading budget brands (GT Radial, Linglong, Nankang, Triangle and Wanli) against an established Continental tyre. The magazine conducted its own tests for wet handling and braking, dry handling and braking and aquaplaning, plus a stringent high-speed test at the Contidrom test centre in Hannover. Summing up Autocar senior tester Jamie Corstorphine said: “We expected the bargain tyres in this test to fall short of the Continental, but we were not prepared for just how poorly some performed.”

30th January 2009/by Tyrepress Editors

Triangle Presents Diamond Back Range at Reifen

In its more than three decades of operation Triangle Tire has grown to become one of China’s top tyre manufacturers in terms of output. Annually the company produces, says Triangle, around 20 million units. Of this figure, radials account for as much as 16.5 million units, and the company claims to be the largest tyre manufacturer and exporter in China.

At the Reifen show sales manager Victor Wang spoke with Tyres & Accessories about numerous recent developments at Triangle Tire. Of particular significance, commented Mr. Wang, is a new product line introduced by the company. Called Diamond Back, the passenger car and SUV range is available in four distinct patterns, including the UHP TR968. Boasting some 20 sizes between 17 and 24-inches, the W and V speed rated range offers, says Mr. Wang, low rolling resistance, a high grip tread compound and rim protection flange on the sidewall.

1st July 2008/by Tyrepress Editors

Triangle to go Public

Shandong Triangle Tire Co. Ltd is to hold an initial public share offering, marking the final step in its move away from Chinese government (specifically the government of Weihai, Shandong province) ownership. This could potentially result in new funds to hire staff and build the Triangle brand. However, it also means ending its state-owned ties with Weihai town hall, and therefore the benefits that came with that.

Triangle holds roughly 1 per cent global market share, but it also has five serious domestic competitors, 20 medium-sized rivals and another 300 or so small ones. Despite this, Triangle’s passenger car tyre sales are said to be growing by more than 20 per cent a year, compared with a global market average of 6 per cent annually. In addition, Triangle’s construction, farming and mining vehicle division is reportedly doubling production this year.

27th June 2008/by Tyrepress Editors

Kirkby Reports Sales Growth of 20%

Product News, UK News

Kirkby Tyres and Wheels is one of Europe’s oldest established tyre and wheel wholesalers and distributors, having been in the business for roughly half a century. At Reifen 2008 the company chose to use the popular exhibition as a platform for further enhancing the company’s progression in a number of market sectors, including truck, agricultural, OTR and mining and quarry tyres. And this progress is going well; Kirkby achieved a sales growth of 20 per cent during 2007.

13th June 2008/by Tyrepress Editors