Tag: industrial tyres
Trelleborg Wheel Systems introduces latest tyres, solutions at BAUMA
Trelleborg Wheel Systems has introduced its newest tyre range and systems to enhance productivity in critical OTR applications. The manufacturer’s EMR, Earthmover Radial Series, was displayed at BAUMA in two sizes: 29.5R25 EMR 1030 and 17.5R25 EMR 1025. The range is designed to perform and to enhance productivity in construction applications, increasing both damage protection and durability. Its multi-surface tread design provides control and perfect grip on sand, rock, gravel or soil. It joined the multipurpose bias tyre, the MPX TB construction pneumatic designed for telehandler and compact loader applications in the most demanding environments.
Trelleborg cutting Sri Lanka tyre plant CO2 by 90%
A full reengineering of steam generation equipment at the Trelleborg Wheel Systems plant in Sri Lanka will improve the facility’s environmental footprint as well as its production efficiency. Trelleborg is installing a new biomass boiler at the production site in Makola, near Colombo; it reports that work on this “major investment” has already begun, and the new process will be fully operational from June 2019.
Solid tyres: ATG launches Galaxy LHD 500 SDS
With the launch of the Galaxy LHD 500 SDS (Severe Duty Solid) at this year’s Bauma show, ATG further extends its portfolio of solid tyres for material handling, construction, mining and waste management applications. The new Galaxy tyre is suited for use on heavy forklifts and wheel loaders working in extreme conditions. ATG says the tyre offers low wear, long service life and long productivity.
Trelleborg displays new industrial tyre compounds
Three new Trelleborg industrial tyre compounds were shown at last week’s ProMat 2019 show in the USA. Trelleborg Wheel Systems says all are designed to provide users with increased productivity, safety, sustainability and value. The compounds are: ProTEX, an electrically-conducting, non-marking compound; ProHD – a heavy duty compound for increasing load capacity; and Heat Shield – a flame-retardant super premium compound.
Tyre Boss Ltd ups marketing efforts
Construction and off-highway tyre specialist Tyre Boss Ltd has increased its marketing capacity with the appointment of Helen Kiddle of HelenK PR & Marketing to manage its PR for the business. The appointment of HelenK is effective 1 April 2019.
Bridgestone to show ‘world’s largest’ 4m tyre at Bauma 2019
Bridgestone will return to construction and mining trade fair Bauma in 2019, presenting a selection of tyres, industrial products and targeted solutions developed for the industry. Bridgestone produces tyres for the world’s largest mining trucks, and will display one of these four-metre-tall tyres, the largest in the world, on its stand, alongside several new products.
Titan International closes RDIF put option transaction
On 22 February, Titan International Inc. closed the previously-announced transaction with an affiliate of the Russian Direct Investment Fund (RDIF), one of the three shareholders of Voltyre-Prom. Under the terms of a definitive agreement entered into on 11 February, Titan paid RDIF US$25 million in cash and agreed, subject to the completion of regulatory approval, to issue RDIF 4,032,259 shares of restricted Titan common stock in a private placement. The agreement stipulates that RDIF must hold these shares for a period of three years from the date of the agreement.
Trelleborg Wheel Systems increases prices 3-5% across product range
Trelleborg Wheel Systems has announced a price increase of three to five per cent on its product range. The price increase will be effective from the first quarter of 2019, and will be applied globally to all brands in the Trelleborg Wheel Systems product portfolio. The manufacturer said the price increase has been driven by inflation and rising energy and labour costs.
GRI celebrates factory anniversary by launching 100 new sizes
On 25 January 2019 GRI celebrated the first anniversary of the opening of its specialty tyre manufacturing facility, with the release of over 100 tyre sizes.
Titan receives additional settlement put option notice
Titan International, Inc. has received an additional settlement put option notice From OEP 11 COÖPERATIEF U.A. (OEP), an affiliate of One Equity Partners, one of the three shareholders of Voltyre-Prom, of its exercise, effective 8 January 2019, of the settlement put option with respect to its holdings in Voltyre-Prom, pursuant to the Voltyre-Prom Shareholders' Agreement.
Voltyre-Prom: Key shareholder announces aim to sell stake in tyre maker
The Russian Direct Investment Fund (RDIF) has informed Titan International of its wish to relinquish its shareholding in agricultural and industrial tyre manufacturer Voltyre-Prom. The Kremlin-backed sovereign wealth fund, which acquired the tyre maker together with Titan and private equity firm One Equity Partner in 2013, shared its intention via its exercise on 14 November of the settlement put option included within the Voltyre-Prom Shareholders’ Agreement.
Magna launches MA02 for scrapers and graders
Magna Tyres Group has launched the Magna MA02 Scraper. According to the company, this tyre is explicitly designed for scrapers and graders and will make the groundwork for all your projects as effortlessly as it possible can be.
GRI launches new website
GRI has launched a new website featuring improved menu functionality and a responsive layout, making it easier to navigate on a wide range of web browsers and multiple devices.
US puts 10% import tariffs on all Chinese tyres
The Trump administration upped the ante once again in the ongoing trade war between the USA and China on 18 September with the introduction of tariffs on all US$200 billion of imports including basically all categories of tyres, retreads and inner tubes. At President Trump’s direction the additional tariffs will initially be set at 10 per cent and will take effect on 24 September 2018. However, as of 1 January 2019, the level of additional tariffs will increase to 25 per cent.
RH Claydon buys Unity Tyre stock and assets
East of England-based tyre wholesaler RH Claydon has expanded its business with the acquisition of agricultural, industrial and specialist tyre wholesaler Unity Tyre.