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Turkish Industry Set for Take-Off

(India/Rubber Asia) Turkey’s rubber goods manufacturing industry is at a take-off stage thanks to the country’s economic liberalisation policy. The country has as many as 200 rubber goods manufacturing companies of which some are reputed exporters to Europe and the US. Mr. K Berat Oztimur, General Manager, Arsan Kaucuk, a market leader of rubberised pipe seals and bearings, spoke to Rubber Asia on the sidelines of the India Rubber Expo 2007. Selcuk Butun, Sales and Marketing Manager of the company, was also present.

Rubber goods manufacturing industry is flourishing in Turkey, especially after the economic liberalisation initiatives by the government. There are about 200 companies manufacturing rubber goods and at least 40 of them are of good repute. Construction industry is one of the largest consumers of rubber goods, mainly, pipe seals and bridge bearings. There are also a number of tyre companies in Turkey. The industry is, in fact, at a take-off stage and even small companies have started realising the importance of quality and are going in for the best technology.

9th May 2007/by Tyrepress Editors

Amtel-Vredestein to supply tyres to Renault in Russia

Amtel-Vredestein N.V., has confirmed that its Russian subsidiary, OJSC Amtel-Vredestein has been nominated to supply tyres for Renault Logan cars produced in Russia. According to the company, the signed Protocol provided Amtel-Vredestein an opportunity to participate in tenders to develop and supply tyres to various Renault projects worldwide. “This agreement is further validation of our prominent position in the Russian market and the outstanding quality of our tyres. We are honoured to be selected by Renault,” said Amtel-Vredestein CEO, Alexei Gurin.

2nd March 2007/by Tyrepress Editors

WTA Gains Steel Radial OTR Line

(Akron/Tire Review) Coral Springs, Fla.-based importer/exporter World Trade Association has become the exclusive North American distributor of Uzmai International produced Maitech steel radial OTR tires for construction, mining and fire/rescue applications.

Maitech tires are produced in Turkey and marketed by Italian exporter Uzami. WTA said it will offer Maitech radials in sizes from 15.5R25 to 445/95R25.

18th December 2006/by Tyrepress Editors

Hayes Lemmerz Reports Loss, Continues Restructuring

Wheel and automotive parts manufacturer Hayes Lemmerz International Inc. has reported a third quarter loss of US$59.6 million, up from US$13.3 million a year earlier. The company has been quick to point out, however, that this figure includes the sum of US$39 million paid as an asset impairment charge for their suspension facilities in Indiana and Michigan. Third quarter sales for the company were also down 2.4 per cent to US$589.5 million.

12th December 2006/by Tyrepress Editors

European Volvo Deal for Goodyear

Volvo group commercial vehicles in Europe will be riding on Goodyear Dunlop tyres after the two companies recently signed a deal for the supply of OE tyres. The three-year agreement covers all European-manufactured Volvo trucks and buses and Renault trucks with rims 16” and larger. The tyres will be supplied from Goodyear Dunlop factories in Germany, Luxembourg, Slovenia and Turkey.

8th December 2006/by Tyrepress Editors

Sabanci Purchases Indonesian Tyre Yarn Company

As part of its plans to expand into east Asia, Turkish corporation Sabanci has agreed to purchase a controlling stake in the Indonesian tyre-yarn firm PT Branta Mulia Tbk.

7th December 2006/by Tyrepress Editors

New Bandag Dealership in Turkey

Ulu Lastik Kaplama has become Turkey’s latest Bandag shop. The Bandag retreads produced and delivered by Ulu Lastik Kaplama are designed to help fleets reduce their tyre budget while increasing vehicle uptime. Owner Halil Ulu and his sons Menderes Ulu have more than 15 years of experience in truck tyre servicing.

Ideally situated on the main road of Denizli, the tyre shop is within easy reach of the national road network and offers all tyre related services: wheel alignment, balancing, repair and fitting of truck and OTR tyres. The clear predominance of road transport and the retread ratio of 25 per cent in the region convinced Halil Ulu and his sons to opt for the only retreading system that really cuts tyre operating costs.

29th November 2006/by Tyrepress Editors

Lassa, Brisa, Bridgestone and Sabanci – tyres from Turkey to the world

Company News, International News

With unit sales of 7.06 million expected for 2006, a domestic replacement market share of 26 per cent and thriving export sales, no wonder Lassa producer Brisa is expanding its manufacturing and warehousing headquarters. As Brisa (Bridgestone Sabanci Tyre Manufacturing and Trading Inc) continues the $176 million production expansion programme it started at its Izmit plant in Turkey in 2004, Tyres & Accessories went to see how the plans are developing and visit some of the company’s retail outlets in Istanbul.

28th September 2006/by Chris

Rubber Recycling Companies Call for More Recognition

The head of one of the UK’s leading specialist rubber recycling companies says there should be more recognition for the contribution such firms make to protecting the environment, conserving natural resources, creating jobs and boosting exports. Michael Hopkinson, chairman of Rosehill Polymers of Sowerby Bridge, West Yorkshire, says that dealing with the UK’s huge amount of waste rubber is a growing problem which needs to be addressed urgently at government level. Rosehill Polymers, established nearly 30 years ago, utilises around 3,600 tonnes of recycled tyre rubber annually most of which is converted into products for the rail industry by a system which incorporates Rosehill’s own Flexilon polyurethane binder formulation.

12th September 2006/by Tyrepress Editors

It Would be Pirelli’s Downfall

Marco Tronchetti Provera may be an extremely qualified financial manager, but with regards to major financial transactions his timing has most definitely been off. A few years ago Pirelli bought a major share of Telecom Italia at a premium price that could be seen only a few months later. However it is easy to see with hindsight and no-one could have predicted the events of 9/11 and its implications on the world’s stock markets.

Just a few short weeks ago another financial transaction failed. Provera’s plan to generate 1 billion euros through a sell-off of parts of Pirelli’s tyre business was ill-fated from the beginning. This time the window of opportunity closed too fast. Competitors were forced to issue earnings warnings and overnight stock holdings in tyre companies were no longer considered ”sexy.”

11th September 2006/by Tyrepress Editors

Felipe Massa Takes First Grand Prix Win In Turkey

Brazilian Felipe Massa withstood the heat of the Turkish Grand Prix, capitalising on his first F1 pole position by taking the chequered flag. However, Massa’s Bridgestone-equipped Ferrari was upstaged by fierce fighting for second place between defending champion, Renault’s Fernando Alonso (Michelin), and Michael Schumacher in the closing stages of the race. Despite driving a consistent race, Honda’s Jenson Button finished fourth. The result puts Alonso 12 points clear at the top of the drivers’ championship.

28th August 2006/by Tyrepress Editors

PCL Pumps up Volume at Reifen 2006

PCL has reported excellent feedback from Reifen visitors viewing its world-leading portfolio of tyre inflation products. UK-based PCL welcomed representatives of tyre shops, mobile tyre vans, garages, car dealers, fleet and transport managers from Portugal, Spain, Turkey, Thailand, Germany, Poland, Korea and Iceland. Substantial orders were placed for the EC-approved Airforce – PCL’s brand new generation of mechanical handheld air line gauges.

7th July 2006/by Tyrepress Editors

New Aluminium Casting Plant Inaugurated in Turkey

Together with joint venture partner Inci (40 per cent of the shares), in June Hayes Lemmerz inaugurated a new aluminium wheel casting plant in Manisa (in the Izmir region of Turkey). Production is based on the low-pressure process and operates at the same standard as at all the original equipment manufacturer’s other facilities. 400,000 wheels will be manufactured this year, with some 17-inch products being sold to Toyota. In the next year production will increase to approximately 1 million units with further expansion plans in the offing dependent on the order situation.

7th June 2006/by Tyrepress Editors

2006 FIA-GT Championship Starts This Weekend

The International FIA-GT Championship will take the green flag this weekend. The series begins at the historic Silverstone circuit after the first event scheduled in Bucharest was postponed to the autumn. Pirelli Competizioni will be at the British track, aiming for top performance and significant results.

3rd May 2006/by Tyrepress Editors

Wheel and Parts Plant for Bulgaria

In Sofia, Bulgaria’s Economy and Energy Minister Rumen Ovcharov and the Vice President of French company Montupet, Didier Crozet, are expected to sign the contract for the construction of an aluminium car parts manufacturing plant in the Industrial Park of Russe. The total investment will be 70 million Bulgarian Leva (35 million Euros) and 500 new jobs will be created in a three-year period.

6th April 2006/by Tyrepress Editors