Apollo Tyres to further raise TBR tyre capacity in Chennai
Only quite recently Apollo Tyres Ltd gave word that truck and bus tyre production capacity at its factory Chennai, India would increase from 6,000 to around 9,000 tyres per day, yet the company has now announced a further truck and bus tyre capacity boost for the plant. A filing submitted to the BSE following a meeting of Apollo’s Board of Directors on 11 August shares the tyre maker’s plan of outlaying a capital expenditure of Rs 12 billion (£118.7 million) to further expand truck and bus radial capacity in Chennai from the currently planned 8,900 tyres per day to 12,000 tyres per day.
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Moto3 graduates achieving Moto2 success on Dunlop tyres
Brno will host the Czech Republic round of the FIM Moto Championship following the USA Grand Prix, and Moto2 and 3 tyre supplier Dunlop is anticipating further success for the newest riders in the more senior series. Alex Rins became the second Moto3 graduate to win a Moto2 race last weekend, while the first, Jonas Folger, won two previous races and will have high hopes for a good result at the Brno circuit where he won his only Moto3 race in 2012. There are now four riders who have appeared on both Moto3 and Moto2 podiums: Rins, Folger, Cortese and Salom.
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Maxam exhibits at Siberian mining show
The Kuzbass region of Russia is the site of the country’s largest coal field and two thirds of Russia’s annual production of 350 million tonnes of coal is mined there. As such, it is a fitting setting for the annual Ugol Rossii mining exhibition, held in the Siberian city of Novokuznetsk since 1992. With 380 exhibitors from 23 countries and a total exhibition area of 66,000 sq m (40,000 sq m of which is outdoors) Ugol Rossii is the most important mining event in Russia.
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Calais crisis could fuel freight price hike, warns Rhenus
Rhenus Logistics UK, one of Britain’s leading freight forwarders, has warned that freight prices could rise significantly in the next few weeks, unless the ongoing crisis at Calais is resolved. David Williams, managing director of Rhenus UK, is concerned about the operational impact the French strikers and migrant incursions is having on UK import and export trade.
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Speedline Truck exhibiting at Caravan 2015
Wheel brand Speedline is collaborating with vehicle manufacturer Fahrzeugbau Meier to present a range of Speedline Truck wheels at “Caravan 2015” from 29 August 6 September 2015 in Dusseldorf (Hall 13, Stand B 12).
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Belshina aiming to start 63-inch OTR tyre production in 2016
Belarus-based tyre maker Belshina JSC says its goal of producing 63-inch tyres for mining trucks should be realised by the end of next year. The company reports that modernisation of the milling facility at its Babruysk plant is currently taking place, and according to the project’s schedule further equipment for upgrading the plant will begin arriving in January 2016. A group of Belshina specialists will also complete tyre building training at a location within Europe in the coming months and will assemble prototype tyres ahead of the first Belshina 63-inch OTR tyres leaving the factory some time in 2016.
Continue ReadingArnco tyre fill range production begins in Germany
Accella Tyre Fill Systems GmbH, the subsidiary of US company Accella Performance Materials formed prior to the August 2014 acquisition of Rösler Tyre Innovators’ “Zeus” tyre fill business (and known as Zeus Tyre Fill Systems GmbH immediately after the acquisition), has announced it will begin producing the Arnco portfolio at the former Rösler facility in Dortmund, Germany. Accella states that the start of Arnco production at the Dortmund site is a “significant milestone” for the company.
Continue ReadingMotorcycle demand continues growth
The National Motorcycle Dealers Association (NMDA) has reported continued growth in the UK two-wheel market, reporting a 14 per cent increase in sales in July according to Motor Cycle Industry Association statistics. The cumulative growth of the motorcycle market remains in double digits for the year at 13.1 per cent. The trend was not uniform, with lower powered machines declining in popularity as new riders plumped for more robust bikes.
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ATS Euromaster signs OmniServ contract
ATS Euromaster has been contracted to provide tyre support for all 28 buses operated by OmniServ that provide transfer services between all Terminals at Heathrow airport. OmniServ is also adopting a complete Michelin tyre policy.
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ChemChina Pirelli buy-out underway
The complete buy-out of Pirelli led by ChemChina is now fully underway, following the passing of the 11 August deal closing date. While the exact process is labyrinthine in its detail, the concise version of events is that ChemChina is buying out Pirelli with the firm’s shares being held by a number of holding companies which are themselves owned by a number of different companies. In short ChemChina, businesses owned by Marco Tronchetti Provera and the Rosneft-owned Luxembourg-based Long Term Investmentss will be the major shareholders.
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Manbat introduces start-stop battery installation tool
Over the past few years Manbat has told workshops to get ready for more business with vehicles fitted with start-stop systems. The UK’s largest automotive battery distributor now offers garages and workshops a new device for dealing with aftermarket start-stop jobs – it has released its own Manbat ‘Connect + Reset’ battery validation tool.
Continue ReadingKumho now official Autocross tyre supplier
The French Automobile Sport Association (FFSA) has appointed Kumho Tire the official supplier for the Autocross series between 2016 and 2018. Kumho will provide tyres for the Super Buggy, Buggy Maxi 1600 as well as Tourisme and Tourism Cup et Buggy championships.
Continue ReadingApollo Tyres lifts profit margin to 18.7% in April-June quarter
Unaudited financial results for the first quarter of Apollo Tyre Ltd’s 2015-16 financial year were released yesterday, and these show a year-on-year rise in the company’s operating and net profits despite lower net sales.
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Pro-Align supplies Hunter aligner to UK Mercedes dealers
Mercedes-Benz dealers across the UK are now able to purchase the Hunter HTA-MB-TD wheel alignment system, a direct replacement for the older HTA-MB-HD, following Mercedes-Benz factory approval.
Continue ReadingToyo reports 1H 2015 net loss
Publishing its first half 2015 financial results, Toyo Tire and Rubber has reported net sales of 194,402 million yen (£999.314 million; 1.408 billion euros; US$1.556 billion), an increase of 7,080 million yen or 3.8 per cent from the same period in 2014. This resulted in a net loss of 4,156 million yen (£21.365 million; 30.116 million; $33.268 million) compared with 15,269 million yen profit in the same part of 2014.
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