Tag: exports

Sri Lanka rubber sector aiming to become $3 billion a year industry by 2020

Sri Lanka rubber sector aiming to become $3 billion a year industry by 2020

Friday 19th January 2018 | 0 Comments

The Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) celebrated its 31st Annual General Meeting (AGM) at Cinnamon Grand Colombo on the 16 January 2018. The association was inaugurated in 1985 in order to offer “comprehensive representation, advocacy and to champion to all manufacturers and exporters of rubber products in Sri Lanka”.

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The Chinese tyre industry wants to move from biggest to best

The Chinese tyre industry wants to move from biggest to best

Tuesday 5th December 2017 | 0 Comments

Talk to westerners and they see China as a relative newcomer to the global tyre industry table. Talk to Chinese people and they may just point out that China has been the world’s leading tyre producing nation since 2005. Indeed, full-year 2016 figures show that 600 million tyres were “made in China”, many of which were passenger car and light truck products. However, China now wants to move on from its reputation as being the biggest tyre producing nation and progress towards a renewed emphasis on quality and technology. Tyres & Accessories spoke with Mary Xu, the China Rubber Industry Association (CRIA) deputy secretary general, in order to find out more about how the Chinese tyre industry wants to move from biggest to best.

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Belshina producing 18-inch SUV tyres for Geely

Monday 13th November 2017 | 0 Comments

Bobruisk, Belarus-based tyre manufacturer Belshina has announced that it has launched mass production of 18-inch SUV tyres. The company's spokeswoman Viktoriya Kulik told local news source BelTA that it is making summer tyres for Geely cars produced at BelGee Factory.

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UK commercial vehicle production down in May but exports up

UK commercial vehicle production down in May but exports up

Thursday 29th June 2017 | 0 Comments

British commercial vehicle (CV) production output fell in May as an increase in production for export failed to counteract a drop in domestic demand, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). 6,875 vans, trucks, buses and coaches were built in the UK last month, a -11.3 per cent year on year decline.

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Trelleborg Wheel Systems wins Sri Lankan export accolade

Trelleborg Wheel Systems wins Sri Lankan export accolade

Monday 24th October 2016 | 0 Comments

The Trelleborg Wheel Systems manufacturing facility in Sri Lanka was recognised for its export achievements when it was honoured with a Presidential Export Award in a ceremony presided over by Sri Lanka’s President Maithripala Sirisena in Colombo.

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First Line export success recognised

First Line export success recognised

Tuesday 19th July 2016 | 0 Comments

As a mark of its continuing strength in the export market, First Line Ltd has again featured in the latest Sunday Times HSBC International Track 200 ranking, making it three appearances in the last four years and the company by far the most consistent aftermarket supplier in the study.

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Multistrada to increase production capacity despite lower car tyre exports

Multistrada to increase production capacity despite lower car tyre exports

Tuesday 19th July 2016 | 0 Comments

According to Pieter Tanuri, president director of Indonesian tyre maker PT Multistrada Arah Sarana Tbk, the company is aiming for a “ten to 15 per cent increase in revenue” during 2016. Multistrada intends to support this rise through higher exports and will accommodate this hoped-for increase in unit sales by boosting production capacity for both car and motorcycle tyres. “Exports are the highest sales contributors,” noted Tanuri, adding that sales in export markets account for 70 per cent of total company sales.

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KPMG – Brexit would cause ‘UK automotive market concerns’

Monday 20th June 2016 | 0 Comments

John Leech, Head of Automotive at KPMG in the UK, has highlighted concerns relating to what would happen to the UK automotive market in the event of Brexit. With SMMT data suggesting that more than nine out of ten automotive market members are in favour of remaining, his views add detail to that consensus perspective. He said:

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Export markets a focus for Ceat agricultural tyre plant project

Tuesday 23rd February 2016 | 0 Comments

Indian tyre maker Ceat Ltd reports it has given its wholly-owned Ceat Specialty Tyres Ltd (CTSL) subsidiary land in Ambarnath, near the city of Mumbai, for the purpose of erecting a new greenfield radial OTR tyre factory on the site, and has further aided the project through an Rs 250 million (£2.6 million) equity investment in CTSL in the October to December 2015 quarter. Altogether, CTSL will invest Rs 3.3 billion (£33.8 million) to build a plant with an initial daily capacity of 40 tonnes.

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UK car manufacturing at 10-year high

UK car manufacturing at 10-year high

Thursday 21st January 2016 | 0 Comments

In 2015 the British car manufacturing industry made more cars than any year since 2005 when 1,595,697 vehicles were produced, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Data released on 21 January shows that production increased 3.9 per cent on 2014, with output at 1,587,677 overtaking pre-recession levels for the first time.

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India’s tyre exports, production declines

Wednesday 20th January 2016 | 0 Comments

Indian industry association the Automotive Tyre Manufacturers’ Association (ATMA) reports that exports of tyres from India decreased in the first half of the country’s current financial year, the period between April and September 2015. Exports of passenger car tyres produced in India fell 22 per cent year-on-year to 1.08 million units, while medium and heavy commercial vehicle tyre exports declined nine per cent to 968,000 pieces.

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Sumitomo Rubber to raise Thai tyre output

Tuesday 29th September 2015 | 0 Comments

Sumitomo Rubber Industries is set to raise car tyre production capacity in Thailand by 9 per cent in response to strong exports to the US and anticipated sales growth in Southeast Asia, according to a Nikkei report.

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Gajah Tunggal looks to the USA for growth

Gajah Tunggal looks to the USA for growth

Wednesday 1st July 2015 | 0 Comments

Although sales at PT Gajah Tunggal Tbk dipped 3.9 per cent (to Rp 3,075 billion, or £146.4 million) in the first quarter of 2015, this decline was attributed to challenges in the domestic market. The Indonesian tyre maker speaks of strong export market performance, and company president director Christopher Chan Siew Choong confirmed this focus at Gajah Tunggal’s annual and extraordinary meeting of shareholders on 29 June. In particular, he indicated that the USA shows particular potential.

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Korean demand for British-built cars up 476% since 2009

Thursday 30th April 2015 | 0 Comments

The Society of Motor Manufacturers and Traders (SMMT) is to lead a delegation of specialist UK automotive companies in a trade visit to Seoul, as the industry seeks to strengthen business links and partnerships with Korean companies. The trade mission comes on the back of a record UK-Korea trading year. Korea is now the third biggest Asian export hub for the UK automotive industry – and the eighth largest export market. British car exports to Korea have grown by a record 476 per cent, with 13,337 vehicles shipped to the country last year compared with 2315 in 2009.

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Sameer exploring share sale, tyre export options

Wednesday 8th April 2015 | 0 Comments

Sameer Africa Ltd., is planning to enter the Rwandan tyre market in the next two years, company executives told Bloomberg recently. At the same time, the company is said to be exploring the possibility of setting up a subsidiary in Nigeria. However, in light of ongoing share sale talks since last summer, this could be […]

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