Tag: CEAT
Lockdown stops tyre production in India
The lockdown now in place across India is one of the most radical measures seen to date during the COVID-19 pandemic. As a result, tyre production has come to a standstill at plants across the country. While India’s government exempts the manufacture of “ essential commodities” from the three-week lockdown it hasn’t provided clarity as to what products it considers essential. Therefore it is unclear when tyre manufacture will recommence within the country.
Tribunal approves Ceat Specialty Tyres merger
Ceat Limited reports that the Mumbai Bench of India’s National Company Law Tribunal (NCLT) approved the Scheme of Amalgamation for the merger of the wholly-owned subsidiary Ceat Specialty Tyres Limited with Ceat Limited. The NCLT granted approval on 13 March.
CEAT inaugurates Tamil Nadu Factory
In mid-February CEAT inaugurated its new Sriperumbudur, Chennai factory in Tamil Nadu region of India.
Ceat begins production at newest plant
Commercial production at Ceat Ltd.’s new production facility near Chennai, India began yesterday, reports the tyre maker. Ceat says production capacity at the plant in Sriperumbudur Taluka will now be “ramped up progressively in a phased manner” up to a daily capacity of 28,500 car tyres and 2,500 motorcycle tyres.
Ceat promoting growing agri tyre range for Europe
Ceat may well be the largest agricultural tyre maker you’ve never heard of, but the company is intent on changing this. After concentrating recent efforts upon developing products suited to European conditions and needs, the company is now dedicating its energies to intensively promoting and establishing its agricultural range within the region.
Agritechnica debut for 2 new Ceat farm tyres
Ceat Specialty will launch two new agricultural tyres at the Agritechnica 2019 show in November, the Ceat Torquemax for high-powered tractors and the Ceat Yieldmax combine harvester tyre.
New CEAT website
CEAT has launched a new website - www.ceatspecilaty.com. Writing in a statement announcing the news, CEAT representatives said: “Moving with the times, we have developed our website to serve you better. Browse through it and stay connected with us at all times.”
Ceat aiming for greater European presence with UHP tyre range
Indian tyre maker Ceat Ltd. says it anticipates a greater presence in “Europe’s niche market segments” thanks to the recent addition of low profile 19- and 20-inch UHP tyres to its portfolio. Ceat mentions Germany as a market of particular interest for these products.
Ceat: Two more OE tyre approvals
Ceat tyres have been chosen as original equipment on two new models sold in the Indian market, the Hyundai Venue and the latest Suzuki Alto.
Ceat appoints Tolani VP of marketing
Amit Tolani has been appointed Ceat Ltd’s vice president – marketing. He is based at Ceat’s headquarters in Mumbai and takes on responsibility for leading the company’s marketing initiatives.
Ceat growing agri range in 2019
The Ceat agricultural tyre range will expand this year to cover high power tractor tyres, harvester tyres and steel belted flotation tyres. News of these new product lines was shared at the SIMA show in Paris yesterday, where Ceat Specialty Tyres also presented its recently-launched Farmax R85 series, R65 series and R70 series agricultural radial range, Floatmax radial flotation tyres and Farmax RC row crop radials.
Ceat’s Anant Goenka give ATRC keynote address
CEAT managing director Anant Goenka will deliver the keynote address at the 5th Asian Tyre & Rubber Conference 2019 (ATRC) on 20 June 2019. The two-day event organised by Asian Business Media, will be held at Hyatt Regency, Chennai on from 20-21 June.
Ceat signs India factory MoU
In a letter to BSE, Ceat Ltd. has confirmed entering into a Memorandum of Understanding (MoU) with the government of India’s Tamil Nadu state. The tyre maker told the stock exchange that the MoU for setting up a new greenfield facility covers an estimated investment of Rs 40 billion (£437 million) over a period of ten years. It adds that passenger car radials, commercial vehicle radials and two-wheeler tyres will be produced in the plant.
CEAT plans to invest US$500 million in new tyre factory
Indian tyre manufacturer Ceat is planning to invest around 40 billion rupees (£442.4 million; 499.8 million euros; $482 million) in the construction of a greenfield tyre manufacturing facility near Sriperumbudur, 40 kilometres west of Chennai. The Times of India reports that the Tamil Nadu cabinet met on Wednesday 27 June to “approve the new project and offered a structured incentive package for the unit, which when becomes operational in about a year, will directly employ 1,000 people”.
Ceat unveils new tractor tyres
Representatives from CEAT Ltd travelled to Europe in May showcase the company’s commercial and agricultural ranges at The Tire Cologne. These including the latest radial and cross-ply products, as well as a new release.