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You are here: Home1 / BKT

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BKT profit rises 22% in 2021-22

Company News

Although impacted by the rising cost of raw materials and logistics, off-highway tyre specialist BKT delivered a healthy profit in the financial year ending 31 March 2022. Profit after tax rose 22 per cent year-on-year to Rs 14.11 billion (£148.58 million) on the back of income that rose 47 per cent to Rs 84.19 billion (£886.52 million) and sales volumes that increased 27 per cent to 288,795 tonnes. EBITDA was, at Rs 21.82 billion (£229.76 million), up 21 per cent, with the margin contracting 5.6 percentage points to 25.9 per cent.

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Related news:

  1. BKT sponsoring Australian cricket league
  2. BKT preparing for 51-inch giant tyre production at $500 million plant
  3. BKT better positioned to serve OEMs with new European HQ
  4. BKT ready for the future
16th May 2022/0 Comments/by Stephen

BKT opens TikTok channel

Company News

Off-highway tyre specialist BKT is reaching out to a younger demographic by opening its own TikTok channel. It launched tiktok.com/@bkt.tires in March and with it aims to gain the attention of Gen Z and Gen Alpha – the age groups representing “the future of agriculture and of our planet.”

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Related news:

  1. BKT better positioned to serve OEMs with new European HQ
  2. Construction, mining, earthmover tyres well-represented as Hillhead 2018 sets attendance record
  3. BKT opens India R&D centre
  4. BKT ready for the future
19th April 2022/by Stephen

BKT compares radial & cross-ply agri tyres

Product News

Radial or cross-ply? The choice is easy for car drivers but more complicated when choosing the right tyre for agricultural equipment. BKT has published guidance to help end users decide upon the right fitment for their machinery.

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Related news:

  1. A Family Affair
  2. BKT promotes Agrimax Spargo narrow sprayer tyre
  3. BKT offers special sprayer line-up
  4. BKT bringing its ranger-toppers to Cologne show
30th March 2022/by Stephen

BKT’s expanded Bhuj plant enters operation

Company News, International News

Earlier today, BKT produced the first tyre following extensions at its Bhuj site in India. The expansion project’s completion represents the culmination of an investment valued at close to £80 million

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Related news:

  1. BKT preparing for 51-inch giant tyre production at $500 million plant
  2. Early 2016 opening for BKT R&D centre
  3. BKT opens India R&D centre
  4. BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’
4th March 2022/by Stephen

Winter specialist: BKT Ridemax IT 697 (M + S)

Product News

BKT develops specific tyres for the colder months of the year, solutions designed not only to deal with muddy or snowy surfaces but also to provide maximum performance in normal conditions on dry soil. It gives these products a tread pattern and compound that maintain the tyre’s characteristics even at low temperatures and provide traction and grip on wet, snowy or slippery terrain.

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Related news:

  1. Kirkby pushing brands harder from expanded site
  2. Nokian-equipped Valtra ploughs snow at 73.171 km/h
  3. Tread gently: BKT introduces tyre for smaller tractors
  4. Tractor of the Future’s tyres ‘increasingly connected’ – BKT
20th December 2021/by Stephen

BKT investing to keep old Waluj plant in service

International News

Off-highway tyre specialist BKT has set up a new facility near its existing Waluj plant in India’s Maharashtra state. The original intention was to decommission the older factory once the new one was operational, but BKT reports that due to “extremely robust” demand, it has decided to continue operations at the old Waluj plant.

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Related news:

  1. BKT opens India R&D centre
  2. EATD to distribute Mahansaria off-highway tyres in 8 European markets
  3. BKT preparing for 51-inch giant tyre production at $500 million plant
  4. Balkrishna to build carbon black plant
15th November 2021/by Stephen

BKT official off-highway tyre supplier to Rugby World Cup

Company News, International News

Rugby World Cup France 2023 has an official off-highway tyre supplier, and that supplier is BKT. Commenting on the company’s involvement in what may well be the world’s third-largest sporting event, Lucia Salmaso, chief executive officer of BKT Europe, says her team is “proud and honoured to be able to support Rugby World Cup France 2023 in this wonderful adventure.”

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Related news:

  1. Football: BKT named title sponsor of Italy’s Serie B
  2. American football: BKT the presenting sponsor for U19 European Championship
  3. French football league takes on BKT name
  4. BKT becomes premium partner of Euroleague Basketball
12th November 2021/by Stephen

BKT tyres arriving in Farming Simulator 22

Company News

Armchair farmers rejoice: Farming Simulator 22 debuts on 22 November. We’ve already reported that Continental tyres will debut on this latest version, and BKT now shares that its tyres will also be available on the virtual tractors and agricultural machinery. The following BKT products are joining the simulation: Agrimax V-Flecto, Agrimax Force, Agrimax Teris, Multimax MP 522 and Ridemax FL 693 M.

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Related news:

  1. BKT better positioned to serve OEMs with new European HQ
  2. BKT opens India R&D centre
  3. BKT ready for the future
  4. Finalists named for BKT-sponsored TotY
11th November 2021/by Stephen

BKT launches new L-5 size of Earthmax SR 51 wheel loader tyre

Product News

BKT has introduced a new 875/65 R29 L-5 size in its Earthmax SR 51 range. The manufacturer says the extra-deep tread offers excellent cut and puncture protection and longer wear life. The new 65 series OTR tyre line has been designed for wheel loaders working in aggressive applications, such as highly abrasive rock quarries and landfills.

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Related news:

  1. BKT launches Portmax PT 93 for terminal tractors
  2. New BKT earthmoving & mining tyres
  3. BKT hopes to raise its global OTR market share into double figures in 2015
  4. Kirkby ‘not interested’ in adding budget products to long-standing range
3rd November 2021/by Andrew

BKT-supported Tractor of the Year 2022 announces winners

Company News, International News

Agricultural tyre specialist BKT has supported the 2021 edition of the Tractor of the Year Awards, presented at the EIMA trade fair in Bologna. It is the second time the manufacturer has sponsored the awards, which recognise the most innovative and cutting-edge tractors on the market.

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Related news:

  1. Trelleborg to livestream Tractor of the Year 2015 from EIMA exhibition
  2. BKT becomes TotY partner
  3. Tractor of the Future’s tyres ‘increasingly connected’ – BKT
  4. BKT becomes LGT World Women’s Curling Championship presenting sponsor
19th October 2021/by Andrew

BKT begins supply agreement with Canada’s Fountain Tire

International News

Off-highway tyre specialist BKT has extended the availability of its range in Canada through a new supply alliance with Fountain Tire. Effective immediately, Fountain Tire will have full access to BKT’s OTR product line-up for sale through its more than 160 locations across the country.

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Related news:

  1. BKT sponsoring Australian cricket league
  2. BKT becomes LGT World Women’s Curling Championship presenting sponsor
  3. BKT better positioned to serve OEMs with new European HQ
  4. BKT preparing for 51-inch giant tyre production at $500 million plant
6th October 2021/by Stephen

Trial production begins at BKT’s new Waluj F-20 plant

Company News, International News

Balkrishna Industries Ltd., manufacturer of the BKT tyre brand, reports that it recently commenced trial production at the greenfield project on the ‘F-20’ plot, a nine-hectare site near its current Waluj, Maharashtra plant. The facility has an installed capacity of 30,000 tonnes as well as warehousing for raw materials and finished goods. The tyre maker adds that the planned “small cogeneration plant” hasn’t been installed at this point in time.

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Related news:

  1. BKT: Bhuj carbon black plant to ‘better ensure raw material qualities’
  2. BKT outlaying up to $100 million to build US tyre plant
  3. BKT: No USA plant for the “foreseeable future”
  4. BKT officially scraps USA factory project
22nd September 2021/by Stephen

BKT gains Caterpillar SQEP Platinum status

Company News

Off-highway tyre specialist BKT has been approved for Caterpillar SQEP (Supplier Quality Excellence Process) recertification and elevated from Gold to Platinum level for the year 2021.

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Related news:

  1. BKT preparing for 51-inch giant tyre production at $500 million plant
  2. BKT better positioned to serve OEMs with new European HQ
  3. EATD to distribute Mahansaria off-highway tyres in 8 European markets
  4. BKT’s Bhuj site gains ISO/IEC 17025:2017
18th August 2021/by Stephen

Kirkby investing in stocks

Product News

We’ve emerged from lockdown into a market environment of rising raw material prices, a global imbalance of containers and exploding shipping costs, not to mention continuing port disruptions. These combined factors have already led to higher tyre prices and product shortages in some instances, but the extent to which customers are affected can be tempered by good stock management.

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Related news:

  1. ‘Agri Supplier of the Year’ strengthens range with IF, VF products
  2. Kirkby pushing brands harder from expanded site
  3. Kirkby Tyres’ 80,000sqft central distribution centre expansion nears completion
  4. The Tire Cologne: Prometeon showing latest Pirelli products
19th July 2021/by Stephen

On-/off-road agri tyre: BKT Multimax MP 569

Product News

BKT has debuted a new on-/off-road tyre for trucks and mixed-use vehicles employed in agricultural applications, the Multimax MP 569. The tyre maker created the BKT Multimax MP 569 as a front axle fitment in size 445/65 R 22.5, to be employed in combination with the FL 633 Performa on the rear axle in size 600/50 R 22.5.

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Related news:

  1. BKT’s Denis Piccolo heading ETRTO agri sub-committee
  2. Vredestein to Increase Prices in Germany
  3. Michelin To Increase Replacement Tyre Prices in Japan
  4. BKT for Escorts’ automated tractor
8th July 2021/by Stephen
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