Amerityre Licences Qingdao Qizhou For Polyurethane OTR Retreads
Amerityre Corporation has entered into a manufacturing license agreement with Qingdao Qizhou Rubber Co., Ltd., Qingdao, China. The agreement grants the Chinese company a license to initially manufacture polyurethane elastomer retreads for three large-size tyres for mining applications, using Amerityre’s innovative retreading process, in exchange for a $400,000 license fee payable over the next two years.
Continue ReadingBridgestone Study: Women Worst for Tyre Maintenance
More than three quarters of the UK’s women drivers believe that they are driving around safely, when in fact they are dangerously unaware that they are putting their lives and the lives of their passengers at risk. According to a new survey, more than 82 per cent of women motorists believe they have never driven on a tyre which is even slightly unsafe, but less than a quarter of those questioned know what the legal minimum tread depth of their tyres actually is.
Continue Reading“Retreads Could Solve Wales’ Environmental Problem”
More businesses using retread tyres could help to solve Wales’ environmental problem, according to The Wales Environment Trust. The trust reports that Wales is threatened by over 26,000 tonnes of waste tyres. Despite the widespread use of retreads by airlines and commercial vehicles across the UK, uptake is said to be slow in Wales.
Continue ReadingExhaust Maker Changes Name
(Akron/Tire Review) Goerlich’s Inc. will change its corporate name to AP Exhaust Products Inc. “Today we have the opportunity to again use the AP name that for so many years played an important role in the aftermarket,” said President and CEO Vange Proimos. “By changing the corporate name it opens the door to a multitude of marketing strategies.
Continue ReadingNokian Tyres Increases Share Capital
An announcement from Nokian Tyres said that the company had increased its share capital by a total of 29,650 euros on 21st August. The new shares will be traded on the Helsinki Stock Exchange, together with the old shares, from the following day. The increase means that Nokians share capital now stands at 24,406,454 euros.
Continue ReadingGoodyear Cuts 15 in Akron
(Akron/Tire Review) Goodyear has laid off some 15 workers at its corporate offices and technical centre in Akron. Reportedly, the layoffs are connected with the tyremaker’s recent decision to decrease production of private brand lines.
Continue ReadingSRI Increases Prices
SRI Tire Trading Ltd., the tyre export wing of the Sumitomo Rubber’ Group, will increase the prices of the company’s Dunlop, Falken and Sumitomo brands in Asia, the Near and Middle East, North America, Central and South America, Africa and Pacific nations. In Europe the price of Falken and Sumitomo brand passenger car, light truck, truck and bus and motorcycle tyres will also increase. The price hikes are expected to take place at the beginning in September and will be in the range of 5 to 10 per cent.
Continue ReadingWeld Wheels Files for Bankruptcy
Weld Wheel Industries, a Kansas City maker of high-performance automotive wheels, has filed for Chapter 11 bankruptcy protection. A Kansas City Star report said the 21-year-old family-owned business lost $1.1 million in the first six months of this year on net sales of $21.8 million. The bankruptcy petition said the company has total assets of $31.6 million. Weld Wheels has signed an asset-sale agreement with American Racing Equipment Inc. in southern California. American Racing will pay $17 million and assume various debt and lease obligations, according to local news sources.
Continue ReadingSolideal Opens New Warehouse
For Sri Lankan tyre manufacturer Solideal, 2006 is proving to be an important year for its growth in the UK. After two record sales years the company has invested in a new warehouse facility in the heart of the UK. Located in Stafford, the 57,000 square foot facility is perfectly positioned to meet the distribution demands of its customers.
Continue ReadingNow That’s a Lot of Tyres!
The Port of Felixstowe recently welcomed the arrival of nine rubber-tyred gantry cranes from Zhenhua Port Machinery Company (ZPMC) of Shanghai. The arrival of the new machinery means that the Port has invested in forty-one gantry cranes from ZPMC since 2002, bringing the total number on Trinity Terminal to over 100.
Continue ReadingA1GP Cars Roar Around Manchester
Despite wet weather, up to 25,000 people lined the streets of Manchester on Sunday 13 August as six Cooper-equipped A1GP race cars roared around the city centre, reaching speeds of up to 70mph. A1 Teams Great Britain, Australia, China, Ireland, Lebanon and Malaysia drove along a purpose built 1.5km course as part of the Sky Festival, promoting the broadcast of the entire 2006/07 A1GP race season live on Sky Sports in the UK. The calendar of 13 A1GP races will be broadcast to over 100 countries around the world across a network of more than 40 television partners.
Continue ReadingHayes Lemmerz Licenses Russian Wheel Producer
Hayes Lemmerz International, Inc has announced that its wholly-owned German subsidiary, Hayes Lemmerz Holding GmbH, has entered into a license agreement with Tolyatinskiy Zavod Stalnih Kolyos (TZSK) of Togliatti, Russia, a manufacturer of steel wheels. Under terms of the agreement, Hayes Lemmerz has granted a license to TZSK to use certain technology in the manufacture and sale of certain passenger car steel wheels to specific Russian vehicle manufacturers.
Continue ReadingMichelin Appoints New Director of Motorcycle Racing
Michelin has named Jean-Philippe Weber as director of its motorcycle racing activities. Weber will replace Nicolas Goubert at the end of the 2006 MotoGP season. The appointment comes as MotoGP switches to 800cc machines for the 2007 World Championship. “I am happy, honoured and humble to take over from Nicolas,” says Weber, whose background is in chemical engineering. Goubert, who has been with Michelin since 1988 and has run its motorcycle racing activities since 1997, will continue at Michelin into a position to be announced shortly.
Continue ReadingHankook Increases Sales Force
Hankook Tyre UK Ltd has announced the appointment of three new regional sales managers. Andy Doherty has been appointed as regional sales manager for the North West. He has 18 Years experience in the tyre industry, working for 10 years as a commercial and mobile car tyre technician and eight years as sales manager for a number of national wholesalers.
Continue ReadingTyre Fuel Banned in Puffed Rice Industries
The Davanagere, India district administration has banned the use of tyres as fuel in puffed rice industries from 27 August, Deputy Commissioner M B Dyaberi told New India Press. The district administration has identified 60 puffed rice industries for installation of wood gasifiers and the list has been handed over to Puffed Rice Industry Owners Association, the deputy commissioner added.
Continue Reading