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Sibur-Russian Tyres Announces Preliminary 2008 Results

In releasing its preliminary financial results for the 2008 year on June 5, Sibur-Russian Tyres stated that, in spite of “unfavourable trends” during the reporting period, the company’s consolidated revenue – 27.4 billion roubles – did not decrease compared with 2007. The tyre maker further commented that the year’s results were impacted by both increases in raw material costs, beginning in March 2008 and reaching an apex in August, and a decrease in tyre sales during the fourth quarter as a result of the global economic crisis.

8th June 2009/by Tyrepress Editors

Michelin Marks June 5 With Fuel Savings Report

June 5 is the United Nations’ World Environment Day – I’m sure you’re already aware of this and have planned a suitable celebration for later in the evening – and Michelin has revved up the festivities by preparing a report on the savings generated by its most recent car and truck tyre line-ups since their launch in 2008.

Michelin calculates that, thanks to these latest car and truck tyres, overall fuel consumption has been reduced by more than 66.7 million litres and CO2 emissions by more than 134,000 tonnes. The company points out the active role it plays in reducing the cost and environmental impact of road transport, noting that tyres consume one tank of fuel out of five for cars and one out of three for trucks. The company’s goal, says Michelin, is to design tyres that help to reduce fuel consumption while maintaining the same high performance in the areas of safety and tread life.

5th June 2009/by Tyrepress Editors

TRIB to Exhibit at The Great American Trucking Show

The US organisation, the Tire Retread & Repair Information Bureau (TRIB) has announced that it will be an exhibitor at the 2009 Great American Trucking Show (GATS), being held at the Dallas Convention Centre in Dallas, Texas, Thursday, 20 August to Saturday, 22 August 2009.

TRIB will be displaying a variety of retreaded truck tyres in its booth, including wide-base retreads. It will also be distributing printed materials, along with CDs & DVDs, about retreaded tyres, tyre repairing, tyre maintenance and other tyre related subjects of benefit to truckers, fleet maintenance personnel and trucking company management. In addition, TRIB will be handing out its Retread Tire Buyers Guide and materials from TRIB members. TRIB’s booth number is 14059-61.

4th June 2009/by Tyrepress Editors

Getting to Specifics

During this past year operating costs have, more than ever, become a prevalent theme within the materials handling industry. Awareness of the need to rein in these expenses wherever possible is strong, and efforts to this effect are being paired with attempts to maximise productivity. Such heightened sensitivity to costs has led to ever more operators carefully monitoring tyre costs over the entire life of the tyre in order to select the most cost effective tyre for each specific application.

1st June 2009/by Tyrepress Editors

Goodyear Dunlop Partners Bandvulc Group for Logistic Service

Goodyear Dunlop is to distribute new Goodyear Max Technology and Dunlop tyres through Bandvulc Group in a move designed to increase efficient and improve delivery service to UK truck tyre dealers. According to the tyre manufacturer, the agreement means that Bandvulc Group, which specializes in truck tyre service solutions, will now be able to supply Goodyear and Dunlop truck tyres to independent dealers across the UK.

The partnership is intended to complement Goodyear Dunlop’s existing direct delivery logistics system, which is designed to supply large tyre dealers and the growing network of TruckForce partners across the UK by shipping volume orders of tyres directly from plants (such as Wittlich in Germany, Luxembourg and Wolverhampton) to customers.

29th May 2009/by Tyrepress Editors

Coalition to Battle USW Over China Tyre Import Scheme

A group of six US tyre importers – including two major private branders – have joined forces to battle efforts by the United Steelworkers to limit the importation of China-made passenger tyres. The group, which calls itself the American Coalition for Free Trade in Tires, includes Hercules Tire & Rubber Co. and Del-Nat Corp., as well as importers American Omni Trading Co., Dunlap & Kyle Co. Inc., Orteck Global Supply & Distribution Co., and Foreign Tire Sales Inc.

In 2007, Foreign Tire Sales faced the recall of some 250,000 light truck tyres it imported from China’s Hangzhou Zhongce Rubber. Less than 20,000 of those tyres were recovered in the recall, which threatened to bankrupt the importer. The group has retained Washington, D.C., law firm Jochum Shore & Trossevin to represent it in the matter. (Tire Review/Akron)

28th May 2009/by Tyrepress Editors

Continental 2 Series Commercial Tyre: More Details

As previously published on Tyrepress.com, Continental has launched a new range of commercial vehicle tyres, representing four new design features. The tyres feature entirely new inner liner technology, dubbed “AirKeep” for its ability to stay inflated for longer, in addition to modifications to the belt, bead and contour design. The tyre will be manufactured primarily at the company’s plant in Puchov, Slovakia. It comes onto the market at a tricky time, with EU and UK new truck tyre sales down 34 and 20 per cent respectively, according to figures quoted at the launch.

Conti is backing up its new range with a “Technology Truck” tour throughout Europe and the ContiCostCalculator, a new electronic tool based on research conducted by Continental and certified by DEKRA, which calculates the economic and ecological benefits of fitting the new range to customers’ fleets. These initiatives form part of the company’s response to the belief that, in these trying economic times, “you have to understand the pressures on customers and…be a business consultant,” as Conti’s general sales manager – truck replacement Barry Guildford said at the tyre launch in London. He also told Tyres & Accessories that the company was “heavily investing in training [its] salespeople”, in order to impress upon customers the long-term cost benefits of fitting the new Continentals. “It’s about educating the fleet,” he concluded.

26th May 2009/by Tyrepress Editors

Sunday Times Names Bandvulc One of Top 60 Green Companies

Bandvulc Tyres Ltd has been recognised as one of the Top 60 Best Green Companies in the UK by the Sunday Times. At the annual awards ceremony in London, Bandvulc’s managing director Patrick O’Connell received the award from Alistair McColl (Sunday Times Supplements Editor) for achieving a top 60 placement.

Patrick O’Connell commented: “This is fantastic recognition of the hard work and commitment everyone at Bandvulc makes to ensuring we all have a sustainable future. To be in the top 60 companies raises the profile of tyre recycling to a new level and shows that this can be done to a high quality ensuring safety and sustainability in one package, bringing a complete solution to our customers that is second to none.”

26th May 2009/by Tyrepress Editors

Michelin Resumes Truck Tyre Production in Poland

Production at Michelin Polska’s Olsztyn facility has resumed after a six-week pause. Lower demand for truck tyres led to the plant in northeast Poland halting production in April; initially a one-month stoppage was planed, however management decided to extend this by two additional weeks. Although production has now recommenced at Olsztyn, Michelin says it cannot rule out further short-term stoppages.

22nd May 2009/by Tyrepress Editors

ContiTread Range Ready, says Marangoni

According to Marangoni, the partnership agreement it signed last year with Continental, involving the launch of the new range of ContiTread precured tread strips, is now fully operational. The agreement with the Marangoni Group allows resellers of Continental truck tyres, who already provide, or are interested in providing a cold retreading service, to use original ContiTread patterns manufactured at Marangoni’s Ellerbrock factory in Germany and take advantage of the technical and logistic support offered by the Italian group’s European platform. The agreement also contributes to the Continental Group “ContiLifeCycle” project in markets where the ContiRe program has not yet been established, or where a cold-retread product is also required.

20th May 2009/by Tyrepress Editors

Chinese Passenger Car Tyre Replacement Sales up 31%

Emerging tyre markets led by China are bucking the downward sales trends encountered in the European and US markets. According to Michelin’s latest market figures, Chinese passenger car replacement tyre sales have grown significantly (up a huge 31 per cent in the circumstances). At the same time Chinese truck tyre replacement market is said to be flat year-on-year, compared with massive falls in the West.

South American tyre sales, on the other hand have not faired so well. In Brazil sales of original equipment truck tyres are 30 per cent lower than last year, according to the data, which also points out that this reflects on the heavy cuts that have been made to new truck tyre production. As far as the Brazilian replacement tyre market is concerned, truck tyre sales are said to have declined approximately 20 per cent year-on-year.

20th May 2009/by Tyrepress Editors

Michelin Says Truck Tyre Sales Won’t Improve Before 4Q

Michelin managing partner, Michel Rollier has spoken has predicted that the currently stagnant truck tyre market won’t get any better until at least the closing stages of 2009. Qualifying the depressing news with the positive observation that the passenger car tyre market appears to be showing signs of picking up, Rollier told reporters: “There are some improvements in light-vehicle tyres, but in truck tyres there frankly isn’t much happening at all.”

According to Michelin’s predictions, the global truck-continues its downward spiral in the next two quarters, with the full-year drop likely to be steeper than in 2008, when demand for replacement tyres plunged 9.7 per cent in Europe and 8.2 per cent in North America, according to company data.

15th May 2009/by Tyrepress Editors

Al Saeedi Named Maitech Best Dealer

Al Saeedi Middle East FZ Co. was recently named as Maitech Tyres’s Best Dealer 2008. The award was presented Ian Thomas, Maitech director international sales in a ceremony held at the Intermat show in Paris.

The Maitech range includes all-steel off road radials with sizes to suit many different types of construction equipment. The Maitech range of steel radial UM3/UM5 tyres covers 15.5R25, 17.5R25, 20.5R25, 23.5R25, 26.5R25 and 29.5R25. In particular Maitech tyres are said to be highly resistant to shoulder and tread cuts and hence enjoy a greatly extended life for maximum cost effectiveness. This extended life, combined with the Maitech’s ability to wear evenly, results in lower costs per kilometre and therefore reduced overall machine operating costs.

11th May 2009/by Tyrepress Editors

Nokian Introduces ‘Truck F’ Dedicated Winter Steer Tyre

The Nokian Hakkapeliitta truck tyre family is being expanded through the introduction of the Hakkapeliitta Truck F, a truck and bus steer tyre designed for winter conditions. The Truck F extends the range that began with the Truck E drive tyre a year ago and enables users to equip their entire vehicle with tyres from the Hakkapeliitta line-up.

According to Nokian, the development goal its designers applied was to introduce the world’s best winter steer tyre. The manufacturer reports that this multipurpose tyre comes into its own on medium to long-haul usage, and while it is at home on main arterial routes and motorways it can easily cope with winding, narrow roads.

8th May 2009/by Tyrepress Editors

Nokian Sales “Down in Line With Market,” says Gran

Actual interim results for the January to March 2009 quarter show Nokian Tyres’ operating income to be even lower than the figure anticipated by a Reuters analyst poll. The company’s interim report, released May 7, reveals an EBIT of minus 2.7 million euros for the quarter, down from 54.4 million a year earlier. The mean estimated EBIT calculated from a Reuters survey of eleven analysts was four million euros. Net sales during the quarter stood at 155.6 million euros, 36.8 per cent lower year-on-year. A net loss of 10.4 million euros was recorded in the quarter, contrasting with a net profit of 45.1 million euros in the first quarter of 2008. The analysts surveyed by Reuters anticipated a net loss of seven million euros.

”Nokian Tyres’ first quarter net sales went down to the level of the corresponding period in 2006,” noted company president and CEO Kim Gran. “Nokian Tyres did not make profit in the first quarter due to low sales, operative streamlining measures, currency devaluation on our main markets, and the seasonal weakening in our sales mix. We took strong actions to adjust our preseason sales and production to the changed market conditions.

7th May 2009/by Tyrepress Editors