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Korean tyre labelling “fits perfectly to the Lanxess strategy”

South Korea’s reported June 15 announcement regarding the introduction of voluntary tyre labelling before the end of this year and mandatory labelling a year later is being billed by Lanxess as a “huge success” for its global public affairs strategy. The German specialty chemicals firm shares that South Korea’s “Ministry of Knowledge Economy” has announced the commencement of a formal process for the implementation of a tyre labelling in the country with a “pre-notification” note. According to Lanxess the Korean government body plans to begin voluntary tyre labelling in November 2011 and introduce mandatory labelling in November 2012 – the month the EU tyre label becomes mandatory.

6th July 2011/by Tyrepress Editors

NDI prepares for OTR sector debut

Earlier this year, NDI Tyre & Tube Supplies Ltd. announced plans to outsource the distribution of its passenger car private brand and alter operations to shift the company’s focus onto the supply of specialised and niche market products. Since this time the local subsidiary of Denmark’s Nordisk Daek Import A.S. has been busy implementing these plans, and the result of this is that NDI is now ready to participate in the OTR sector to a far, far greater extent.

5th July 2011/by Tyrepress Editors

Best Choice: New brand, New factory

International News, News, Product News

Founded in 1995 and based in Beijing Best Choice International Trade Co. Ltd. quickly established strategic business relationships with domestic tyre manufacturers eager to market their products internationally. Over the years, this has led to the development of a loyal customer base. Consequently, Best Choice reports that it has the developed the ability to source quality tyres at very advantageous prices. All this culminated in the launch of a new private brand at the recent Autopromotec exhibition.

1st July 2011/by Tyrepress Editors

Fuel prices still distributors' greatest problem says FTA

The price of fuel is still the biggest headache for transport companies battling to cope with rising costs, with haulage rates failing to keep up, according to a report published by the Freight Transport Association.

FTA's Manager's Guide to Distribution Costs 2011 calculates that the cost of diesel for commercial vehicle fleets rose by 15.6 per cent in the twelve months to 1 April 2011. The second biggest increase was in the cost of overheads, followed by vehicle maintenance. The total rise in vehicle operating costs to 6.8 per cent outstripped the rise in domestic haulage rates, which increased by an average of 3.41 per cent. International haulage rates increased on average by 5.40 per cent.

30th June 2011/by Tyrepress Editors

Second-hand safety

You wouldn’t dream of buying second hand underpants, would you? Not even if they weren’t too shabby and looked perfectly serviceable? No? What strange priorities we have – the idea of togging up in someone else’s castoff briefs is enough to make most people shudder, even if the risk to health and safety from doing so is nil. Yet when it comes to tyres, something we entrust our lives with, thousands of Britons are perfectly happy to dress their cars with a pre-used product.

29th June 2011/by Tyrepress Editors

Boto Tyre gives update on factory progress

Following the news in April 2009 that Shandong Wanda Boto Tyre Co., Ltd., was to build a passenger car production facility nearby its existing tyre manufacturing complex in China, company representatives have given a update of the construction process. Speaking to Tyres & Accessories back then, company representatives explained how, despite the ongoing economic downturn, Boto Tyre was planning to build a 15 million passenger car radial a year plant. Around 1 billion yuan was said to have been earmarked for the expansion work.

27th June 2011/by Tyrepress Editors

Al-Saeedi considering expansion in India and Africa

Currently Al-Saeedi runs six outlets around Dubai serving OTR, commercial vehicle, passenger car and industrial tyre consumers’ change and repair needs. However, Tyres & Accessories has learnt that the management is now considering further expansion in the capital city of Uganda, Kampala and in Kerala, India. Al Saeedi Group set up Tyrexpress (U) Ltd. in Uganda on 13 April 2010.

27th June 2011/by Tyrepress Editors

Sailun seeking to increase European, Middle Eastern sales

Established in November 2002, Sailun Co., Ltd. has been producing tyres for around 7 years. During this time the company has established a foundation in the market place, growing very fast in a number of areas. The company started off focusing on distribution agreements in North America, Europe and South America, but – as we saw from the establishment of a Sailun Europe subsidiary, which was announced in October last year – the firm is set on further expansion.

Currently the company is on the hunt for a tyre distributor local to the Middle East with the motivation and ability to drive the brand forward, hence the decision to exhibit in Dubai at this year’s Automechanika Middle East at the start of June. At the moment Sailun reports turnover of around US$40 million in this region, but the aim is for a new partner local to the Middle East region to work with the company to significantly increase this. Sailun representatives told Tyres & Accessories that the firm is already in talks with some interested parties, but it is far too early to share any details about this.

24th June 2011/by Tyrepress Editors

Michelin tyre clocks 300,000th km, fifth year on Scottish coach

South Lanarkshire’s Whitelaws Coaches has reported that a set of Michelin XDN 2 Grip drive axle tyres have reached their 300,000th kilometre and fifth anniversary. The XDN 2 Grip tyres were fitted as original equipment to a 49-seat Sunsundegui Sideral in 2006 and are still going strong today, with 10mm of tread remaining. Michelin says the set will cover a further 100,000km before needing to be regrooved. Whitelaws director George Whitelaw has now fitted the drive axle tyre across his 42-strong fleet in place of the former Michelin XDA 4 fitment, saying: “We are amazed by the performance of the XDN2 Grip tyres. This set could well be seven years old before they need replacing. When a vehicle is doing long-distance, trans-European journeys, it’s quite remarkable for a tyre to last this long before even needing to be regrooved.”

23rd June 2011/by Tyrepress Editors

Government "misleading public on safety threat of longer lorries"

Campaign groups are warning that Government plans to allow longer lorries on UK roads could lead to more road deaths and put small hauliers out of business. But not everyone agrees. Campaign for Better Transport and Freight on Rail – backed by Campaign to Protect Rural England, CTC – the national cyclists' organisation, Friends of the Earth, Living Streets, RoadPeace and Sustrans – warn that contrary to Government claims, plans to increase lorry lengths could lead to six extra road deaths a year, result in more road congestion and lose small and medium sized hauliers up to £1.8 billion over five years. On the other side of the argument, the Freight Transport Association has called on the Government to take a level headed view on longer semi-trailers and asked it not be swayed by "emotive language and unsubstantiated claims" by stakeholders wanting to derail the proposals.

23rd June 2011/by Tyrepress Editors

Conti merger an opportunity to rectify past mistakes

The longest-serving Continental AG board member, Hans-Joachim Nikolin (55), leaves the company’s Executive Board at the end of July and its youngest member, Nikolai Setzer (40), will take over a combined tyre business and thus lead the company’s most successful and currently highest turnover-generating division. The company’s business unit structure has decreased at a management level to adapt with future requirements and now benefits the previously independently-led truck tyre division, which in many past years failed to meet expectations and suffered under the griping of Nikolin’s fellow board members Wennemer and Hippe. During that time, numerous threats were allegedly made to sell off the entire commercial vehicle tyre division should it prove unable to rapidly achieve an EBIT margin of or near double figures. Such threats placed Dr. Hans-Joachim in a very helpless position as yield-hungry analysts could have all too easily interpreted them as promises.

16th June 2011/by Tyrepress Editors

Treadsetters mentioned in HSBC annual report

Remember how Telford-based tyre wholesale operation Treadsetters beat over 1600 other businesses to the finals of HSBC’s business thinking awards at the end of last year? The firm were regional winners securing a prize of £115,000 reaching the last 18 in the finals in Hong Kong. They may not have won the final overall, but making it to the short list of just 17 companies for the bank’s “International Insights” event in Hong Kong on 5 December is said to have opened up a number of other opportunities. Getting more than a page of coverage in the once of the world’s best-known banks’ annual report isn’t a bad thing either.

Treadsetters features in a full-page photo collage on page 14 of HSBC’s annual report with a short text describing the firm as an example of “creating export opportunities” on the following page. “The journey that [Treadsetters’] tyres make exemplifies the connections that criss-cross the global economy.”

14th June 2011/by Tyrepress Editors

Yokohama introduces 8% US commercial tyre price hike

Yokohama Tire Corporation has announced a price increase of an average of 8 per cent on all of its light and medium commercial truck tyres sold in the USA from 1 July. Rick Phillips, Yokohama director of commercial sales, said that in addition to rising raw materials costs “other factors also influenced the increase, such as the costs associated with manufacturing and transportation, which continue to escalate.”

14th June 2011/by Tyrepress Editors

Hankook recalls truck tyres in China

Recently Kumho announced the recall of more than 300,000 tyres in China; now it is Hankook Tire’s turn, albeit on a far smaller scale. The Korean manufacturer has recalled 246 Chinese manufactured tyres after national safety authority, the General Administration of Quality Supervision, discovered a fault on June 10. It was found that due to a design or manufacturing fault steel cord protruded through the seams of a number of inspected tyres – a defect that increases the risk of rupturing.

14th June 2011/by Tyrepress Editors

Toyo USA increases commercial tyre prices 9% from 5 July

Toyo Tire USA Corp has announced the increase of its dealer base price list on commercial truck tyres by an average of nine per cent. “While Toyo Tires is determined to keep prices to a minimum, the continued increases in raw material costs make it necessary for us to raise our prices at this time,” said John Hagan, senior director of sales.

13th June 2011/by Tyrepress Editors