Agricultural
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Key appointments aiding growth at Ascenso Tyres CE
During what it refers to as a “successful” first quarter 2023, Ascenso Tyres CE has added to its team with the appointment of Pawel Kopinski, who takes over responsibility for the business in Poland, Hungary, Czech Republic and Slovakia, and Olaf Sandeck, who joins the company from Mitas to expand original equipment activities. The aim of generating sales of 50 million euros within five years is “thus gaining momentum.”
Goodyear Farm Tires a BFA sponsor
Goodyear Farm Tires has signed up as a key partner to this year’s British Farming Awards. The Goodyear agricultural brand, produced by under license by Titan International, is sponsoring the Family Farming Business of the Year category.
Manufacturers jointly launch Agro Tyre Pressure app
Six well-known tyre manufacturers have teamed up to provide their customers with easier access to agricultural tyre pressure indications. Information from Apollo Tyres, Bridgestone, Continental, Michelin, Nokian Tyres and Trelleborg Wheel Systems is now available in a single app, Agro Tyre Pressure. Swiss firm Anura Associates developed the app for the tyre makers.
Ceat tyres for Case IH & New Holland tractors
CNH Industrial has approved Ceat Specialty to supply agricultural radials for farming equipment manufactured in Brazil and Argentina, and this new relationship commences with shipments of Ceat Farmax tyres for fitment on Case IH and New Holland tractors. Ceat Specialty shares that the agreement followed the OEM engaging in “several rounds of assessment and audits” relating to Ceat’s radial tyre plant in Mumbai, India.
Titan International: Strong 2022 results, India concerns
Titan International, Inc. has reported record turnover and profitability during the 2022 financial year. While the US-based manufacturer of OTR tyres and wheels increased its net sales by 21.9% to US$2.2 billion, income from operations jumped by more than 141% to $205.8, almost doubling the return on sales to 9.5%.
Peter Cawson heading Ceat Specialty’s UK/Ireland business
Ceat Specialty has appointed Peter James Cawson to lead the company’s growing business in the UK and Ireland. The new Business Development Specialist brings with him 16 years of tyre industry experience, most recently at Michelin, where he served as a territory business manager.
VF900/60R42 : Continental introduces largest tractor tyre
Continental has launched its largest tractor tyre to date, the VF TractorMaster in size VF900/60R42. With a diameter of 214.7 centimetres, the tyre is larger than a door frame and weighs 450 kilogrammes. It has a load index of 189 (10,300 kilogrammes). Continental has developed the tyre size specifically to carry the weight of agricultural machinery producing more than 300 horsepower.
BKT: 67% more production, $2 billion turnover in 3 years
Off-highway tyre specialist BKT has quantified its growth ambitions, and the figures are ambitious. Tyrepress reported yesterday that the manufacturer’s capacity across all manufacturing facilities will reach 360,000 tonnes later in 2023. But BKT has big plans for its “most strategic plant” in Bhuj and has announced its goal of harnessing this facility to achieve annual tyre production of 600,000 tonnes in 3 years. It also intends for turnover of US$2 billion a year by the end of this period.
BKT consolidating Waluj production in single, 55 KTPA plant
Late in 2021, BKT announced operations would continue at its 1988-inaugurated Waluj factory following the commissioning of a plant originally intended to replace it. A year down the track and BKT reverted to its initial plan and is now redirecting the capital expenditure of Rs 3.5 billion (£35.2 million; US$42.4 million) previously approved for modernising the old plant to the newer Waluj facility to “bring in economies of scale.”
Trelleborg tyres for anniversary Case IH Tractor
Trelleborg TM900 High Power is the tyre of choice for the Magnum Black limited-edition tractor which Case IH created to celebrate 20 years of the line’s production in Brazil. The agricultural equipment manufacturer launched the tractor this week during the Show Rural agricultural exhibition in Brazil. Magnum Black wears TM900 High Power tyres in 600/70R30 at the front and 800/70R38 at the rear.
Tatneft buys tyre maker Birinchi
Tatneft, the firm seeking to acquire the Nokian Tyres operation in Russia, has purchased Uzbekhistan’s only tyre maker, Birinchi rezinotexnika zavodi. Former majority owner Uzkimyosanoat JSC reports that Tatneft paid US$80 million for a 100% shareholding in the tyre maker. Tatneft also takes over credit obligations and debts equal to $153 million.
