Tag: Balkrishna Industries

BKT: No USA plant for the “foreseeable future”

BKT: No USA plant for the “foreseeable future”

15th August 2019 | 0 Comments

The likelihood of seeing BKT tyres ‘Made in the USA’ appears even more uncertain following an earnings call held by Balkrishna Industries Ltd. (BKT) on 13 August. Although the tyre maker reported three days earlier that the 20,000 tonne per annum factory project was just “in abeyance”, comments made during the call suggest the pause on work is more than temporary.

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BKT puts USA capex on hold

BKT puts USA capex on hold

12th August 2019 | 0 Comments

The Board of Directors at off-highway tyre specialist Balkrishna Industries Ltd. (BKT) have temporarily suspended their plans to invest in setting up a factory in the USA. According to the Board, the capex project has been placed in abeyance due to “difficult macroeconomics” and “volatile climate conditions.”

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BKT outlaying up to $100 million to build US tyre plant

BKT outlaying up to $100 million to build US tyre plant

6th November 2018 | 0 Comments

Balkrishna Industries (BKT) has provided further details regarding its plans to build a factory in the USA. With a capital outlay of up to US$100 million, funded by investments and local debt, the tyre maker intends to establish a greenfield facility with an annual capacity of 20,000 tonnes.

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TIA: New president, BKT’s Poddar inducted into Hall of Fame

1st November 2018 | 0 Comments

John Evankovich has been inducted as president of the Tire Industry Association’s (TIA) Board of Directors. He took office at the TIA annual membership meeting on 29 October and will serve a one-year term. In addition, the US-based industry association also introduced Brian Rigney (president, Dill Air Controls) as its vice-president and Dan Nothdurft (president, Tires, Tires, Tires) as secretary. Mike Wolfe (owner, Southeastern Wholesale Tire) will remain treasurer.

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BKT partnering with Kultevat on dandelion rubber development

23rd April 2018 | 0 Comments

Instead of just finding dandelions growing in fields, we may soon also find them in the tyres of tractors and other agricultural vehicles that traverse these fields. Balkrishna Industries Limited (BKT) sees a future for these plants as a material within the tyres it makes; it recently entered into a joint research agreement with US biotechnology company Kultevat, Inc. to develop new compounding methods based on TKS/Russian dandelion rubber, with the aim of integrating these into its tyre manufacturing process.

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BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’

BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’

22nd August 2017 | 0 Comments

Eight hectares have been set aside at the Balkrishna Industries Limited (BKT) production site in Bhuj, India for the construction of a new carbon black plant. Last month the tyre maker’s Board of Directors approved an initial investment of Rs 1.5 billion (£18.1 million) for this project to add backward integration to BKT’s supply chain, and the company says the plant will not only provide a constant supply of raw materials for its tyre production, the carbon black produced in Bhuj will enable it to “better ensure raw material qualities thanks to the now even more accurate controls at the beginning of the entire manufacturing process.”

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Balkrishna to build carbon black plant

7th August 2017 | 0 Comments

Balkrishna Industries, the firm behind BKT brand tyres, recently announced plans to build a 60,000 ton/year carbon black plant at its facility in Bhuj, Gujarat, India. No completion date was announced for the project that is estimated to cost roughly $23 million.

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