Sumitomo Rubber manufactures 100 millionth tyre in China
Tyre production at Sumitomo Rubber’s factory in China went into nine-digits on 14 November with the production of the one hundredth million tyre at the Sumitomo Rubber (Changshu) Co., Ltd.
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Canadian association releases winter tyre report
The association representing Canada’s tyre and rubber sector has released a document addressing many aspects of the winter tyre business. Amongst the issues covered in the 2015 TRAC (Tire and Rubber Association of Canada) Winter Tire Report are statistics on winter tyre use within the country and 2015 winter tyre shipments.
Dunlop squeezes ahead of Apollo to win 4×4 winter tyre test
Our temporary and unplanned hiatus in tyre test reportage is over, and it’s time to work through the small backlog of results made public during the past couple of months. We’re starting with the test of eight SUV winter tyres carried out by Germany’s Auto Bild allrad.
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Qingdao Doublestar doubling capacity
Things are tough in China, but not every company is going under. While some are struggling others are expanding quickly. During the course of the recent Reifen China exhibition in Shanghai, Tyres & Accessories spoke with Qingdao Doublestar representatives and found our more about the company’s ambitious plans for rapid change despite the turbulent market conditions.
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Shenzhou Tire breaks ground on phase two of £1 billion tyre factory project
Ningxia Shenzhou Tire Co. Ltd. has broken ground on a new tyre plant in the city of Shizuishan in Ningxia Province, China. Company representatives have been quoted as saying that the production capacity forms the second phase of £1 billion project, the output of which is destined for high-end markets in the Europe and the USA.
SEC charges another Cooper/Apollo insider trader
In April 2015 the United States Securities and Exchange Commission (SEC) charged two men, long-time friends Amit Kanodia and Iftikar Ahmed, after the pair illegally profited from inside information related to Apollo Tyres’ plan to acquire Cooper Tire & Rubber in 2013. Kanodia, whose wife held the post of general counsel at Apollo Tyres prior to the deal’s announcement and was privy to highly confidential information, also shared details with others. A further ‘close friend’, Steven C. Watson, is now the subject of a further case being pursued by the SEC. The US federal agency submitted its case against Watson to the United States District Court in the District of Massachusetts on 17 November.
Conti Hybrid HT3 OE on Schmitz Cargobull trailers
The Conti Hybrid HT3 is being introduced as a standard tyre in truck trailer manufacturer Schmitz Cargobull’s product portfolio. Commenting on the tyre’s selection by Schmitz Cargobull, Peter Matzke, head of OE Truck Tyres at Continental remarked: “We are delighted that Schmitz Cargobull has included our Conti Hybrid HT3 in its original equipment manufacturing portfolio, further strengthening our longstanding collaboration.”
JSR, MOL to build joint venture S-SBR plant in Hungary
Groundwork begins this month on a new 60,000 ton per annum S-SBR plant destined to supply synthetic rubber to tyre industry customers. Construction of the new plant begins in the first quarter of next year at the MOL Petrochemicals site in Tiszaújváros, Hungary and the facility is a 51/49 per cent joint venture between Japan’s JSR Corporation and Hungary’s MOL Group. It is expected that the plant’s mechanical completion will take place within 2017.
Three new Vredestein agri tyres
A trio of new Vredestein agricultural tyres were presented at the recent Agritechnica show in Germany. These were the Traxion Harvest tyre for harvesters and the Traxion Versa and Endurion for telescopic handlers, backhoe loaders and compact loaders.
Battlax Hypersport S21 launch a Bridgestone EICMA highlight
The EICMA International Motorcycle Show in Milan, Italy begins today, and Bridgestone is on hand with several premières. The tyre maker says the star of the show at its 178m² stand (Pavilion 24, stand M77) is the new Battlax Hypersport S21, which will be shown for the first time at EICMA 2015 and is on display fitted to the new-generation 1-litre Yamaha R1. Bridgestone is also presenting its latest flagship hypersport wet racing tyre, the Battlax Racing W01, for the first time ever.
Kenda Rubber investing £200M to build car tyre factory in Vietnam
Taiwan’s Kenda Rubber intends to significantly increase investment in Vietnam and establish a large passenger car tyre plant there. In an interview with Channel NewsAsia correspondent Victoria Chen, company chairman Yang Ying-ming said NT$10 billion (£200.5 million) would ultimately be invested to erect this facility, which will most likely be Kenda’s largest tyre factory and boast production capacity rivalling that of Kenda’s operation in China.
TWG chairman on 2015: Tough, but good
2015 marks the end of the era. I am not referring to the departure of any key executives, although there have been those. Neither I am talking about the mergers and acquisitions that have taken place – and there have been those too. Rather, I am referring to the fact that November 2015 marked the last time that the NTDA Tyre Wholesaler’s Group (TWG) are gathering for a standalone meeting and annual dinner in November. Instead, as chairman John Parker explained in his speech, the event will be reformatted and move to the day before the NTDA annual conference and Tyre Industry Awards in order to facilitate a more efficient use of everyone’s times and travelling abilities. In addition to updating members and guests on the latest developments from within the TWG, Tyres & Accessories was present to hear Parker give a wholesales-eye-view summary of what has been happening in the market, with part worn tyres and within the wider NTDA.
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Mitas to show dual-purpose radial at EICMA
Milan-based motorcycle exhibition EICMA gets under way tomorrow, and Mitas says it will unveil a new dual-purpose radial tyre there. Called the Terra Force-R, the tyre is said to feature a “street-oriented tread pattern” that offers “excellent traction on wet or dry roads and outstanding performance on light off-road surfaces.”
Nexen Tire’s inaugural Man City skill challenge
Manchester City FC and sponsor Nexen Tire has partnered in the running of the inaugural Nexen Tire Skills challenge on 14 October 2015. A video of the challenge was published on YouTube on 10 November.
LE Jones signs fleet tyre deal with Bridgestone
LE Jones, one of the largest independent haulage companies in Wales, has signed a fleet tyre agreement with Bridgestone. According to the tyre maker, the premium M729 regional tyre will be used predominantly on 25 units and 50 trailers along with the RS01 (front steers), which were seen as perfect products – in the correct sizes – for the company’s transportation work.
