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.
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.
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).
More than 250 million euros will be invested into Pirelli’s business in Latin America over the next three years in order to reinforce its ‘High Value’ strategy within the consumer tyre segment. The investment plan was announced by Marco Tronchetti Provera, executive vice-chairman and chief executive officer of Pirelli, during his visit to the company’s […]
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 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%).
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.
Under an agreement recently signed between Nexen Tire and Pirelli Latam Participacoes LTDA, Pirelli is now the exclusive distributor of Nexen car, SUV and van tyres in Brazil. The Nexen products have been distributed through the official Pirelli network within the country since November 2016.
Despite the delays, the Brazilian grand prix became a “fantastic spectacle,” with plenty of overtaking and action on Pirelli’s wet range of Formula One tyres. Mercedes’ Lewis Hamilton finished first, completing the full race on the Cinturato Blue full wet tyre only following two days of largely dry running at Interlagos. Hamilton won without making a racing pit stop, though he did change tyres twice, going from full wets to another set of wets under both red flag stoppages.
Between 9 and 15 October, four Vipal retreading partners from Australia and New Zealand visiting the firm’s facilities in Brazil.
There were four retreaders in total, three from Australia (Arctic Cool, Tyre Lug and Eco Green) and one from New Zealand, (Power Retread). They toured the three plants of the leading tyre retreader, two in Nova Prata, Rio Grande do Sul (RS), and one in Feira de Santana, Bahia (BA). Vipal’s Head of International Business, Leandro Rigon, welcomed the group, accompanied by Adalberto Fernandez, Vipal’s Manager for MEROC (comprising Mercosul and Oceania), Tiago Campanharo, Commercial Director in Australia, and Rodrigo Refatti, Marketing Specialist.