Brazil
On 29 June Bridgestone Corporation (Bridgestone) announced that it won a long-running trademark and trade dress infringement lawsuit against Brazilian retread company New Tyre Remoldadora De Pneus (New Tyre), in the São Paulo Court of Appeals.
Dayco will open a new South American plant in Indaiatuba, Brazil. The engine products and drive systems supplier says the new plant will improve the company’s distribution, production and technological capabilities in South America and support its fast-growing aftermarket business in the region.
In September 2019, Tyrepress.com broke the news that Yokohama is set to buy the ex-Pirelli industrial tyre business Prometeon. Back then, we reported that the deal was at an advanced stage and could be completed before the end of 2019. That clearly didn’t happen, but the deal is still live and the latest news is that it is nearing completion, but now also involves Aeolus Tyres.
Four tyre plants in Japan and the Americas are amongst seven Bridgestone Corporation facilities to receive Caterpillar Inc.’s highest Supplier Quality Excellence Process (SQEP) rating. The manufacturer of construction and mining equipment has awarded Platinum Level certification to Bridgestone’s Hofu and Shimonoseki (Japan), Des Moines (USA) and Santo André (Brazil) plants.
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.
On 1 March 2019 Sumitomo Rubber Industries, Ltd. began manufacturing truck and bus tyres at its new Brazil manufacturing site.
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”.
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 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.
Shandong Linglong Tire has signed a tyre distribution cooperation agreement with distributor Sunset to expand its market share in Brazil and Paraguay.
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.
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.
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.
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, the Tyre Retreading Machinery division of Marangoni, is aiming to grow its business in South America, specifically the Brazilian market, the company said.
Bridgestone