The 63-inch OTR radial is a standard fitment on many large mining vehicles, yet the limited customer base for these behemoths and the complexities involved in their production means only a handful of tyre makers deal with this particular tyre size. The list of 63-inch OTR tyre manufacturers may be a short one, but one further name has now been added – Triangle.
Chinese tyre manufacturer Triangle Tyre celebrated its 40th anniversary on 8 April. According to the company, over the past 40 years, Triangle Tyre has enjoyed “a big improvement in the tyre production” both in terms of quality and quantity.
Zenises CEO Harjeev Kandhari has confirmed that the company began distributing Triangle truck and bus tyres in Germany at the start of 2016. The company’s general manager for Central Europe, Stephan Nungess, has been tasked with developing Triangle’s presence in the German market. The goal is to establish Triangle in key distribution channels, with company representatives having already held training sessions with our customers and launched new brochures.
Zenises has launched a new website “designed to accommodate the company’s expanding business activity and showcase its multi-brand tyre brand portfolio”. Zenises.com carries details of the firm’s Z and T brands and introduces the firm’s long-standing association with Westlake passenger and commercial tyres as well as more recent tyre brand additions such as Triangle truck tyres.
Manny Cicero, who previously held the post of president of Alliance Tire Americas, has been named chief executive officer of Triangle Tire USA. His appointment follows last November’s official opening of the Chinese tyre maker’s local operation, Triangle Tire United States of America LLC.
Following the recent publication of “Triangle and Goodyear in ‘long-term cooperation’”, which picked up on a smaller thread in Triangle’s recent conference coverage (see “Triangle ‘goes global’ at Weihai summit”), Goodyear spokespeople from the firm’s US and European headquarters contacted Tyres & Accessories in order to comment on the report. Presenting a statement on the subject, the Goodyear representatives said “Goodyear wishes to set the record straight on public comments made by Triangle.”
In answer to questions from Tyres & Accessories, Chinese manufacturer Triangle has verified that it is in a “long-term cooperation” with Goodyear, confirming earlier suggestions of business connections between the two companies.
Triangle Tyre’s recent summit at the company’s headquarters in Weihai, Shandong Province continues the firm’s recent movement towards going global. The theme was “bring progress to the society, create civilization for human beings”, which when culturally translated speaks of the firm’s intention to be a CSR-conscious global player. According to the company, more than 400 customers were present including representatives of the likes of Caterpillar, Lanxess, Bekaert and VMI as well as the media researchers and scholars from different countries.
Even though some 55 per cent of the more than RMB 9 billion (£943 million) it earned last year came from sales outside of China, Triangle Tyre Co. Ltd. doesn’t yet consider itself a global company. But this is something China’s largest privately-owned tyre business intends to change. While it continues to invest in domestic R&D and manufacturing facilities, Triangle says it is also ready to expand its footprint beyond China. The company has appointed a new chief executive officer to facilitate this step, and during one of his first appearances in this new role he shared that we don’t have long to wait until we see the emergence of a more global Triangle Tyre.
Two products in what Triangle Tyre calls its ‘new generation’ of passenger car tyres have been officially launched in the European market, and Triangle says the new lines – the Protract and Sportex – represent the start of its strategy of filling existing gaps in the Triangle portfolio and ensuring its range is completely up to date.
The former head of Goodyear’s Asia Pacific business has joined Triangle Tyre Co. Ltd as its new chief executive officer. He began in this role in April 2015 and will work towards further globalising the tyre maker’s activities – indeed, Triangle Tyre states that the French national’s appointment to the role shows the company’s “confidence and determination” to globalise. Ding Yuhua will continue to serve as Triangle Tyre’s chairman of the board.
Today we at Tyres & Accessories published our annual ranking of global tyre manufacturers on our tyrepress.com website. As always, this yearly survey takes the turnover of the industry’s leading players into account and also provides information on operating profit/EBIT(DA) and annual net income.
Sameer Africa Ltd., is planning to enter the Rwandan tyre market in the next two years, company executives told Bloomberg recently. At the same time, the company is said to be exploring the possibility of setting up a subsidiary in Nigeria. However, in light of ongoing share sale talks since last summer, this could be […]
The eighth annual “Asian Essen”, Reifen China took place at the Shanghai New International Expo Centre in the first week of December, with some of the Chinese tyre industry’s major players rubbing shoulders for the last time in 2014. The European side of the Sino-German partnership behind the annual show, Messe Essen stated that it expected the presence of around 120 exhibitors in hall W1 and 15,000 trade visitors. This latter figure, unconfirmed at the time of writing, takes into account the other three-quarters of the twin exhibition; RubberTech China 2014 and the International Exhibition on Rubber & Elastomer, led by the China United Rubber Corporation, comprised around 500 exhibitors across another three halls (W2-4). Messe Essen CEO, Oliver P Kuhrt stressed the importance of the ‘Reifen’ brand’s presence in China, stating in his introduction to the show that it “stands for the success of a fair made in Essen extending across borders”. With about two thirds of the exhibitors at May’s Reifen 2014 visiting Essen from outside Germany, Messe Essen also noted the importance of Reifen China in recruiting Asian participants, whose attention the exhibition organiser has drawn in Shanghai.
Triangle Tire is planning to expand its role in the North American market through a distribution partnership. The news came as part of a presentation given at the company’s annual meeting, which was held in parallel with the recent SEMA Show in Las Vegas. The company also highlighted two new product launches Tyres & Accessories’ […]
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