Tag: export

UK car manufacturing up in October but CV slide continues

21st November 2013 | 0 Comments

The SMMT has released figures showing that in October domestic demand supported the biggest monthly increase in 2013 UK car manufacturing Car output in October rose 17.4 per cent to 160,854 units, the largest monthly increase so far this year. 1,286,287 cars have been produced in the year-to-date; a rise of 5.4 per cent.

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TGI given free trade status

4th November 2013 | 0 Comments

Miami-based US tyre wholesaler Tire Group International reports that it was granted ‘Foreign Trade Zone (FTZ) 281-4’ status on 9 September. This designation will give TGI the ability to defer, reduce and even eliminate customs duties on products brought into its US distribution centre for re-export.

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NBA star Jeremy Lin visits Houston Rockets sponsor Kenda

NBA star Jeremy Lin visits Houston Rockets sponsor Kenda

28th October 2013 | 0 Comments

The NBA Global Games’ visit to Taiwan gave tyre manufacturer Kenda the ideal opportunity to meet up with the franchise it sponsors, Houston Rockets, and its star player Jeremy Lin. Kenda officials were invited to a private meet and greet with Lin, who entertained guests by sharing some childhood memories of Taiwan, at Taipei’s Okura Prestige Hotel.

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UK commercial vehicle manufacturing remains in decline

25th October 2013 | 0 Comments

While UK car output provided good news for the industry, commercial vehicles remained in steep decline, Society of Motor Manufacturers and Traders figures show. CV output dropped 27.5 per cent in September to 6,963 units, meaning 67,609 CVs have been produced in 2013 to date, down 17.9 per cent from 2012.

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UK car manufacturing rising – SMMT

25th October 2013 | 0 Comments

The September report from the Society of Motor Manufacturers and Traders makes good reading for the UK car industry, as output has reached a level not seen since 2007-08. In the rolling 12 months since October 2012, the UK has manufactured more than 1.5 million, achieving a five-year high.

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Further capacity for Bridgestone’s Vietnam plant

15th October 2013 | 0 Comments

Although Bridgestone’s new passenger car radial factory in Vietnam has yet to enter operation, the tyre maker has announced the plant’s first capacity increase. An additional 17.9 billion yen (£113.9 million) will be invested to further raise capacity to 49,000 tyres a day by the second half of 2017. This further growth will see the plant’s workforce expand from approximately 1,900 employees in the first half of 2016 to around 3,800 some 18 months later.

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Independent UK tyre wholesaler receives export accolade

Independent UK tyre wholesaler receives export accolade

9th October 2013 | 0 Comments

West Midlands based tyre wholesaler and producer, Treadsetters (Part of the TIA Group) has been named as one of the UK's leading innovators of international export sales.

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JK Tyre To Start Chennai Expansion

8th October 2013 | 0 Comments

JK Tyre & Industries is reportedly planning to start its 1,000-crore rupees expansion plan at its Chennai plant within the next two to three months doubling the tyremaker’s capacity at the plant, according to the Business Standard.

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JK Tyre preparing for Chennai expansion

4th October 2013 | 0 Comments

Within the next two to three months, JK Tyre & Industries intends to get is RS 10 billion Chennai plant (£100 million) expansion project underway. When work is complete plant capacity will be double the current level, making it one of the company’s main export facilities.

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Dynacargo to export to the US

5th September 2013 | 12,345 Comments

All-steel truck radial tyre manufacturer Dynacargo began exporting to the United States earlier this year. According to online news reports, Dynacargo (a member company of Shaanxi Yanchang Petroleum (Group) Co., Ltd.-Kaidi Xixiang Company) has gained permission from Shaanxi Entry-Exit Inspection and Quarantine Bureau to export to the North American market.

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Mouldmaker Greatoo looking to expand into OTR markets

30th August 2013 | 12,345 Comments

Chinese mould manufacturer Greatoo Incorporated is reportedly planning to establish intelligent factories for the production of large OTR tyre and speciality as well as other apparently high-end moulds as part of a so-called “structural adjustment strategy”. The move is being seen as a way of strengthening the core value of its company by focusing on the highest value sectors.

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ECI ‘greatly encouraged' by Tyrexpo India, confirms Chennai 2015

ECI ‘greatly encouraged' by Tyrexpo India, confirms Chennai 2015

19th July 2013 | 12,345 Comments

The organisers of last week’s Tyrexpo India 2013 exhibition (9-11 July) have confirmed their plans to return to Chennai in July 2015. ECI International managing director Paul Farrant, says: “This was our second exhibition in India and we were greatly encouraged by the reaction received from both exhibitors and visitors. There is enormous potential in the tyre sector and we are very confident that the show will continue to grow and develop into a significant event for the tyre and equipment aftermarket.”

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UK car manufacturing grows 1.1% in 2013 H1

18th July 2013 | 12,345 Comments

Car manufacturing in the UK has grown during the first half of 2013, with acceleration to 4.6 per cent coming in the second quarter and a 10.4 per cent rise in June. The SMMT says that while four out of five cars built in the UK are exported, higher output for the home market, up 24.4 per cent, has boosted volumes.

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Official opening for Vietnam’s first truck radial plant

Official opening for Vietnam’s first truck radial plant

15th July 2013 | 12,345 Comments

On 29 June, Vietnam’s Danang Rubber Company and the Vietnam National Chemical Group (Vinachem) held the inauguration ceremony for their, and the country’s, first truck tyre radial factory. The new plant is located within the Lien Chieu Industrial Zone in Da Nang City, and covers an area of 106,632 square metres. It was built with a total investment of VND 2,992 billion (£92.1 million), including equipment costs of VND 1,663 billion, and has a 600,000 tyre per annum capacity. The Vietnamese tyre maker says plant equipment was imported from Italy, The Netherlands and Germany.

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Michelin begins Indonesian synthetic rubber JV

Michelin begins Indonesian synthetic rubber JV

18th June 2013 | 12,345 Comments

A deal signed between Compagnie Financière Groupe Michelin and PT Petrokimia Butadiene Indonesia (PBI), a wholly-owned subsidiary of PT Chandra Asri Petrochemical Tbk (CAP), will see the production of styrene and butadiene-derived synthetic rubber taking place in Indonesia through a joint venture firm. The agreement gives Michelin 55 per cent ownership in the new company, with PBI holding the remainder. The total investment is estimated to be US$435 million, with plant construction expected to commence in early 2015. Completion and start-up is targeted for the beginning of 2017.

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