Another New F1 Tyre Rule Proposed
The FIA is reportedly planning to impose an alternative to the controversial ‘red tyre rule’ during the 2007 Formula One season. Autosport magazine has reported that, in addition to the new regulation requiring drivers to race both the ‘hard’ and ‘soft’ compound tyres Bridgestone supplies for each Grand Prix event, teams could also be asked to publish their initial tyre choice.
Continue ReadingSapphire Sets Industry Service Delivery Standards
Sapphire Energy Recovery has launched a Service Charter for Sapphire regional collectors. Sapphire and its network of six regional collectors have all signed up to a Service Charter that outlines to new and existing customers, a level of service and commitment that tyre retailers can expect to receive.
Continue ReadingBFGoodrich to Become OE for Humvee
Michelin-owned tyremaker BFGoodrich will soon equip the US military’s Humvee vehicle with its Baja T/A tyre after being awarded a US$10.7 million contract. The Baja T/A to be fitted to the Humvee has been developed especially for military use and carries an E Load Rating with a load capacity of 4,540 pounds per tyre at 65 psi (4.4 bar). According to Michelin, the new tyre has a 22.5 per cent increase in projected tread life compared to the previous Humvee tyre, as well as superior manoeuverability and mud traction.
Continue ReadingCeat Sets Out Expansion Plans
Ceat Limited has outlined a £76 million capital expenditure plan spread over the next three years. The plan includes setting up of two greenfield plants, one for radials and the other for speciality tyres. This is a more ambitious plan than previously reported, as the company was expected to establish a single plant where all the above-mentioned activities would take place.
Continue ReadingAnd finally…..High Tech?
No, it’s not a new type of run-flat technology. A Texas man has found himself in prison after his customised tyre inners fell foul of the law. The man was stopped by police in Warren County, Kentucky after being previously observed weaving and driving too slowly while heading north on interstate 65.
Continue ReadingEx-BKT Manager to Join Alliance Takeover-Bid
Former Balkrishna Industries Ltd. executive director Yogeshkumar (Yogesh) Mahansaria and his brother Ashokkumar have reportedly quit the fast-growing Indian tyre producer, citing “family differences” as the reason. Yogesh has now teamed up with US equity firm Warburg Pincus to acquire Israel’s Alliance Tire for US$45 million. Alliance has been in negotiations with the two buyers, and the transaction is expected to be completed before June. The Alliance purchase forms part of a new venture that Yogesh Mahansaria has been quoted as saying he intends to float in the near future.
Continue ReadingIsrael Passes New Tyre Recycling Law
A new recycling law was passed by Israel’s parliament, the Knesset, which mandates that tyre manufacturers and importers collect used tyres and hand them in for recycling.
Continue ReadingSapphire Launches New Website
Sapphire Energy Recovery has launched a new-look website designed to appeal to a wide range of audiences including tyre retailers, the waste disposal industry, children and students and the general public. Sapphire’s sales and marketing manager, Ryan Mifflin commented:
Continue ReadingTwo New Appointments for Goodyear North America
The Goodyear Tire & Rubber Company has appointed Charles Chuck Mick to the newly created position of vice president and general manager, North American holdings and integration. Prior to taking on this position Mick had served since 2003 as vice president and general manager of the companys Global Off-Highway tyre business.
Continue ReadingEasyloader – It Does What It Says
The versatility of utility, pickup and 4x4 vehicles can be increased, following the introduction of a new version of the Easyloader Tail Lift from Penny Hydraulics, which can handle loads up to 550kg. Using a tail lift for loading and unloading enables operators to comply with manual handling regulations as well as reducing the risk of damage to vehicles and personnel.
Continue ReadingBig Savings With OTR
Introduced last year to meet growing demand from users of articulated dump trucks (ADTs), the OTR 750/65 R25 remould is reportedly returning excellent hours per mm and cost per hour figures.
Continue ReadingAnd a New CEO for Goodyear South Pacific Tyre
The Goodyear Tire & Rubber Company has announced the appointment of Judith Swales to the position of managing director and chief executive officer of its Australian-based South Pacific Tyres (SPT) business. Swales replaces Joe Copeland, who has been named vice president of Goodyears Global Off-Highway business based in Akron.
Continue ReadingMarangoni Expanding South American Presence
(Akron/Tire Review) Marangoni Group has entered a “partnership” with Distribuir Argentina in a move to consolidate and grow Marangoni’s activities in South America. Marangoni operates Marangoni do Brasil, a retread product manufacturing and sales business in Brazil.
Continue ReadingBandag Purchase Approved
Bridgestone Americas Holding Inc.s US$1 billion acquisition of Bandag Inc. has received early approval from the US Federal Trade Commission (FTC). The FTC ended a required 30-day waiting period for the acquisition ahead of schedule, on January 29, announced Bandag in a prepared statement. The 30-day period was not scheduled to end until February 8.
Continue ReadingAmtel-Vredestein Denies Breakdown of Continental Talks
The Russian-Dutch tyremaker Amtel-Vredestein has refuted claims that talks with Continental AG on a possible collaboration have broken down. Rumours have been circulating that the German company had decided to end negotiations, and the Frankfurter Allgemeine newspaper quoted a Continental supervisory board member as saying “The deal has died for now.”
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