Triangle Tyre celebrates 40th anniversary
Chinese tyre manufacturer Triangle Tyre celebrated its 40th anniversary on 8 April. According to the company, over the past 40 years, Triangle Tyre has enjoyed “a big improvement in the tyre production” both in terms of quality and quantity.
Continue ReadingAsphalt 8 promotion places Nexen Tire in virtual racing game
Nexen Tire is advertising in a motorsport championship that doesn’t actually exist in the real world, and that’s a good thing, as this non-existent championship is the mobile racing game Asphalt 8. Starting 30 March, the tyre maker is targeting consumers in European markets through the placement of video and banner advertisements within the Asphalt 8 game and by holding various in-game events, including a customised sponsor cup – the Nexen Tire Cup – and by offering mini games for European markets.
Continue ReadingShandong Linglong adding compounding unit to Thailand plant
During a visit to China last week, Thailand’s Minister of Industry, Atchaka Sibunruang, and representatives from the Industrial Estate Authority of Thailand visited the Zhaoyuan headquarters of Shangdong Linglong Tire and the tyre maker’s exhibition space at the China Qingdao International Tire Fair. A meeting also took place on 8 April between the Authority and Shandong Linglong chairman Wang Feng; this resulted in the signing of a letter of intent that will see the tyre maker increase its investment in Thailand through initiating the third phase of its Linglong International Tire (Thailand) plant project, the installation of a rubber compounding facility at the Rayong province site.
Continue ReadingSailun denies Jinyu is planning a tyre factory in Turkey
Sailun-Jinyu Group has denied reports in Turkish newspaper Hürriyat suggesting the firm is planning on establishing a tyre factory in Turkey by 2020. The Hürriyat report, dated 5 March, said Sailun is planning to set up a joint-venture tyre factory in Turkey with its Turkish distribution partner there, Yeslas.
Continue ReadingFinnish Prime Minister visits Test World tyre test centre
Millbrook Group, the owner of winter and tyre testing specialists, Test World, hosted a series of high-profile visits by key VIPs in the region, including the Finnish Prime Minister, Juha Sipilä, and the US Ambassador to Finland, Charles C. Adams. The news follows Test Worlds relatively recent signing of a contract with Hankook to build a winter tyre testing centre in Ivalo for Hankook’s exclusive use.
Continue ReadingAlcoa wheels to join Arconic following separation
During the second half of this year, Alcoa will separate into two companies – an upstream company and a value-add company. The upstream company will retain the Alcoa name while the value-add company, which amongst other roles will produce the commercial vehicle aluminium wheels now made by Alcoa’s Transportation and Construction Solutions (TCS) business unit, will be named Arconic.
Continue ReadingRubber business included in Sibur division merger
Russian gas processing and petrochemicals company Sibur has announced that it will merge its Synthetic Rubbers Division and Plastics and Organic Synthesis Division into a single business unit. This will be known as the Plastics, Elastomers and Organic Synthesis Division. Pavel Lyakhovich, managing director of Sibur’s former Plastics and Organic Synthesis Products Division and member of the company’s Management Board, takes charge of the newly-merged division.
Continue ReadingTwo Kumho tyres receive Red Dot awards
For the fifth consecutive year, Kumho Tire has been honoured with a Red Dot Design Award. Kumho’s winning entries within the product design category of this year’s awards were the K-Silent Tyre and Road Venture MT51.
Continue ReadingGoodyear refinances $2b revolving credit
The Goodyear Tire & Rubber Company has refinanced its US$2 billion asset-based revolving credit facility. The company has extended the maturity by five years to 2021 and reduced the interest rate for loans under the facility by 25 basis points to LIBOR plus 125 basis points.
Continue ReadingThere’s a puncture waiting for you – Bridgestone launches DriveGuard ad campaign
This month’s launch of the DriveGuard, the first Bridgestone run-flat tyre for the European aftermarket, is being backed up by an advertising campaign that targets consumers in key markets. The DriveGuard ‘extended mobility’ campaign begins in April and centres on the idea that somewhere out there “there’s a puncture waiting with your name on it.”
Continue ReadingJinyu could be producing tyres in Turkey by 2020
Various news reports suggest Jinyu, (which changed its name to Sailun Jinyu in 2014 following its merger with Sailun) could be building a new tyre plant in Turkey. According to the Turkish Hurriyet newspaper, Jinyu is considering a joint-venture with local distributor Yeslas.
Continue ReadingAria Tire breaks ground on new Iranian tyre factory
Local sources report that Mohammad Reza Nematzadeh, the Iranian minister of industry, mine and trade attended the ground-breaking of Gostaresh Aria Tire’s new tyre production facility in Zabol City, Eastern Iran on 10 March. The ground-breaking marks the latest development in a significant expansion of the Iranian tyre industry.
Continue ReadingInter-Sprint builds up one-stop supply focus
A recurring theme encountered when talking to tyre wholesalers in 2015 and 2016 is the importance of value-added services. Each wholesaler has its own strategy for delivering this added value; in the case of Inter-Sprint, it involves a focus on acting as a “one-stop tyre partner.” This is a direction the Netherlands-based company has followed for some time now, and it is taking steps to ensure its customers can benefit from this in the years to come.
Continue ReadingDeldo sees scope for growing in a difficult market
The rules that apply in business are much like those we use as individuals. How we respond to a situation, for example, depends on the way we view it. For a company, changes to the market can either be seen as a threat or an opportunity. Belgian firm Deldo prefers the latter approach, and is finding new possibilities within the state of flux that is today’s tyre wholesale market.
Continue ReadingVan den Ban continues investments in products, brands and logistics
Success as a tyre wholesaler, says Cyril Versteeg, depends upon a company’s ability to deliver added value. When Tyres & Accessories recently met with Versteeg, commercial manager at Netherlands-based wholesaler Van den Ban, he reflected on the evolution of this principle over the years. While added value has always lain at the heart of the wholesale business model, the market has driven Van den Ban and other wholesalers to embrace entirely new demands. More than ever, wholesalers not only need to offer a complete and, where possible, exclusive range of products – they must also guarantee fast and accurate deliveries.
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