Tag: Brazil
Pirelli plant to close as part of Brazil investment
Pirelli is investing in production modernisation in Brazil, and as was recently the case at Goodyear in Germany, there are winners and losers. The latter includes the workforce at the company’s motorcycle tyre plant in Gravataí, Rio Grande do Sul, which is expected to close sometime in the next couple of years.
Sumitomo Rubber starts Brazil truck tyre production
On 1 March 2019 Sumitomo Rubber Industries, Ltd. began manufacturing truck and bus tyres at its new Brazil manufacturing site.
Marangoni and Vipal announce partnership
Marangoni Spa and Borrachas Vipal SA have announced that the two retreading material suppliers have entered into a partnership agreement aimed at “increasing the synergies and productivity, strengthening the industrial and commercial organisation of both groups”. Details of precisely what this means are still scarce but, according to a statement issued by Marangoni, this will lead to the creation of “the largest global independent player in the tyre retreading sector”.
Ghosn’s gone
Roughly two decades after taking the helm at Nissan (and later chairing the Japanese firm’s alliance with Renault and Mitsubishi), the carmaker’s board voted to remove company boss Carlos Ghosn following his arrest in Japan for underreporting his salary.
Linglong confirms $300 million deal for Brazil, Paraguay
Linglong Tire confirms the signing of a US$300 million deal with Paraguay-based tyre distributor Sunset Tires. Wang Feng, chairman of Linglong Tire, put his signature on a strategic cooperation agreement along with Nabil Chamseddine, chief executive officer and president of Sunset, on 12 October.
Linglong signs $300 million South American tyre distribution deal with Sunset
Shandong Linglong Tire has signed a tyre distribution cooperation agreement with distributor Sunset to expand its market share in Brazil and Paraguay.
INMETRO certification for Marangoni’s RingTread, Unitread plant
Marangoni Tread Latino America has been accredited with INMETRO certification for its RingTread and Unitread pre-cure retreading materials production. Certification came after an independent assessment of Marangoni’s production plant in Brazil by Instituto Falcão Bauer, an accredited certification body in Brazil.
SRI doubles planned capacity for Brazil truck tyre plant
An additional investment is being made in the Sumitomo Rubber do Brasil factory in Fazenda Rio Grande, Brazil, which is scheduled to begin producing truck and bus tyres next March. This investment of BRL 153 million (£28.7 million, US$37.6 million) builds upon the BRL 312 million investment Sumitomo Rubber Industries (SRI) announced in July 2016 for setting up bus and truck tyre production equipment in Fazenda Rio Grande. The extra investment will double the original starting capacity of 500 truck and bus tyres a day – SRI now plans for a daily capacity of 1,000 truck and bus tyres by October 2019.
Arlanxeo invests millions in synthetic rubber production
Over the next three years, Arlanxeo will invest “mid double-digit million” euros to modernize its production sites in Triunfo, Brazil and La Wantzenau, France.
Vipal celebrates the results of first Tire Cologne
Between 29 May and 1 June Vipal Rubber attended The Tire Cologne, in Germany. On the trade show's first day, Vipal Rubber representatives were among the featured speakers at the "Global Retreading Conference". Specifically, Vipal Rubber's Head of International Business, Leandro Rigon, was invited to talk about the tyre retreading situation in Latin America, also representing ALARNEU (Latin American Association of Tire Retread).
TRM targeting South America
TRM, the Tyre Retreading Machinery division of Marangoni, is aiming to grow its business in South America, specifically the Brazilian market, the company said.
Retreaders install new Vipal-developed buffer
Brazilian retreaders União and Toro have installed a Vipal Rubber-developed casing buffing system. The VR01 Smart DUO, a dual position buffer, was installed at União Tire Retreading in São Paulo retreader in April. Soon after, another partner of the Vipal Authorized Network Deatler had installed a single position variant at its Toro Recauchutagem operation in Rio de Janeiro.
Bekaert and ArcelorMittal close Sumaré deal
Bekaert and ArcelorMittal have integrated Bekaert's formerly wholly-owned steel cord subsidiary in Sumaré (Brazil) into the BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership. In line with the shareholding structure of the BMB joint venture, ArcelorMittal has become the majority shareholder (55.5%) of the steel cord entity in Sumaré and Bekaert retains the remaining shares (44.5%).
‘Growing’ VMI opens new South America headquarters
Machinery manufacturer VMI says it is increasingly active in South America, and in response VMI South America Ltda has moved to a new and larger location. On 12 May, VMI South America opened its new facility in the Brazilian city of Itatiaia, approximately half way between São Paulo and Rio de Janeiro. Managing director Robson Souza de Araujo and his team now have approximately 1,350 square metres of floorspace at their disposal, an area divided into workshop and office space.