• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / News2 / Product News3 / Mine Operators Beat Path to Malaysian Retreader’s Door

Mine Operators Beat Path to Malaysian Retreader’s Door

Date: 20th August 2007 Author: Tyrepress Editors Comments: 0

The clamour for quality large size OTR tyres has lead Malaysian retreader Goodway Integrated Industries to invest heavily in this sector. In March the company opened a new RM6 million (£862,000) facility in the town of Nilai, and the plant has increased its capacity to offer a host of services, including what Goodway CEO Tai Boon Wee believes to be a world first – the pre-cured retreading of 57-inch tyres.

Most of this capacity is utilised to meet the needs of Australia’s mining industry. With dozen of mines operating vehicles that require large OTR tyres, demand from this part of the world is astronomical. Container loads of OTR tyres requiring retreading are shipped from Australia to Malaysia every month. And when the price for a new tyre, if one can even be sourced, is taken into consideration, it is easy to see why mining companies go to all the effort of sending their old tyres halfway across Asia. “A new 57-inch OTR tyre now fetches up to US$70,000. Our ex-factory price for a revived tyre is only $13,000,” Mr. Wee told local media source The Star.

Although Mr. Wee claims that some Australian mining companies have in the vicinity of 500 tyres waiting for the Goodway treatment, the company can only retread 30 tyres a month at present, and while setting up camp in Australia may seem to be a logical solution to this bottlenecking, Mr. Wee says Goodway have no plans to this effect “in the next two to three years.” The cost of transporting tyres by land within Australia could prove to be higher than shipping them to Malaysia, he adds.

While by the end of 2008 Goodway’s plant will be operating at a capacity of 1,200 giant OTR tyres a year, another potential solution is to help mine operators set up retreading plants near their own mines.

Interestingly, Goodway has received inquiries from miners who want it to help them set up their own re-treading plants in their mines’ vicinity. “We are looking at several options. We could help our customers set up plants at various sites overseas in exchange for raw materials – mainly retread liners,” he said.

Goodway has spent three years researching and developing OTR retreads under the Tough Tread brand name, and the company has plans to begin the retreading of 63-inch tyres at a later date.

Related news:

  1. Do-It-Yourself
  2. Galaxy, Dynamic Merger Completed
  3. Retreading Plant to be Completed Early
  4. Goodway Focuses on Pre-Cured Treads
Comments

Leave a Reply Cancel reply

Connect with:
Facebook Google Twitter

Your email address will not be published. Required fields are marked *

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share on Reddit
  • Per E-Mail teilen

Advert Location 348

Related Tags

Asia, capacity, OTR tyres, raw materials, retreading

Advert Location 28

Top five articles this week

Advert Location 29

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
ATS Euromaster Wins 160 Vehicle Council Contract Caught Speeding? Blame Your Tyres
Scroll to top