Tag: Iran

France and Iran sign tyre technology exchange MoU

1st October 2018 | 0 Comments

On Tuesday 25th September France and Iran signed a memorandum of understanding under which France will engage in a know-how transfer relating to tyre production technology with the Islamic Republic.

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Scandinavian Enviro Systems sign Middle-Eastern tyre recycling deal

Scandinavian Enviro Systems sign Middle-Eastern tyre recycling deal

19th July 2018 | 0 Comments

Scandinavian Enviro Systems has signed a HoA (Heads of Agreement) with the German company DHF Development to facilitate the establishment of one or more recycling plants in The Middle East together with Industrial Development and Renovation Organisation of Iran (IDRO). The agreement is valid for a period of three months. The deal was signed on 6 July 2018.

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Iran’s Yazd supplying OE tyres to Renault

11th October 2017 | 0 Comments

Groupe Renault has reportedly approved the supply of 50,000 tyres from Iranian tyre maker Yazd Rubber Industries Complex to its subsidiary Renault Algérie. IFP News writes that in addition to supplying Renault, Yazd is now also in negotiations with Volkswagen following the car maker’s entry into Iran.

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Iran’s TTS appointed exclusive agent for Linglong tyres

18th August 2016 | 0 Comments

Shandong Linglong Tyre Co., Ltd reports that it has entered into a strategic partnership with Iranian company Tosse Tabdil Sina (TTS). The latter will act as exclusive agent for the Linglong brand in Iran and provide both original equipment and aftermarket customers with sales, marketing and aftersales service.

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Aria Tire breaks ground on new Iranian tyre factory

5th April 2016 | 0 Comments

Local sources report that Mohammad Reza Nematzadeh, the Iranian minister of industry, mine and trade attended the ground-breaking of Gostaresh Aria Tire’s new tyre production facility in Zabol City, Eastern Iran on 10 March. The ground-breaking marks the latest development in a significant expansion of the Iranian tyre industry.

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Iranian car market to experience modest growth after sanctions removal

Iranian car market to experience modest growth after sanctions removal

22nd January 2016 | 0 Comments

Analysts at IHS Automotive light-vehicle predicting modest growth in the Iranian light vehicle market after the UN lifts sanctions against the country. This suggestion contradicts some suggestions from the Iranian automotive and tyre industries that the country could be on the brink of a production boom. According to HIS, despite the signing of nuclear deal between […]

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Iranian $200 million tyre factory groundbreaking delayed

12th January 2016 | 0 Comments

Iran’s Sabalan Tyre Co. recently delayed plans to break ground on a $200 million radial tyre plant in Sanandaj, Kordestan province due to bad weather. However, the event is expected to be rescheduled and the project is not expected to be

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Iranian tyre industry aiming to double in size by 2025

Iranian tyre industry aiming to double in size by 2025

24th June 2015 | 0 Comments

Iran’s geographical location means it is ideally positioned to connect Eastern and Western Middle Eastern countries. With this in mind, a new paper produced by R&D and manufacturing management executives at Tehran-based Pars Tire Company highlights the countries current willingness to receive outside investment and identifies recent market trends – including some that sound surprisingly similar to mature markets such as Europe and the US…

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Apollo preparing for TBR sales surge in Iran, anticipates post-sanctions boom

12th June 2015 | 0 Comments

Some 300,000 commercial vehicle tyres are sold in Iran every month, reports Apollo Tyres, with radials accounting for approximately 60 per cent of the total. The tyre maker began selling TBR tyres in Iran more than two years ago and now states that it aims for an unspecified but “significant” increase in sales of these products in the country before the current financial year ends on 31 March 2016.

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Michelin considering Iranian tyre market

26th February 2014 | 0 Comments

Michelin is considering the option of resuming exports of its car and truck tyres to Iran after international sanctions are lifted. According to a report in the Wall Street Journal dated 11 February, Michelin was amongst 100 French company executives that visited Tehran in early February to assess the business opportunities.

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Saudi Arabian tyre market predicted to grow 12% CAGR by 2018

24th February 2014 | 0 Comments

A new report published by Bharrat Books predicts that the Saudi Arabian tyre market revenues will grow 12 per cent compound annual growth rate (CAGR) during the period between 2013 and 2018.

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Report: Passenger car tyres dominate Iran with 70% market share

11th February 2014 | 0 Comments

According to the recently published report by TechSci Research “Iran Tyre Market Forecast & Opportunities, 2018”, the tyre industry in Iran is projected to grow at a CAGR of around 7 per cent during 2013-18, in revenue terms, as a result of continuous increase in tyre demand from OEMs and replacement market. One of the major reasons for growing OEM demand can be attributed to the fact that more than 50 per cent of the total fleet of automobiles in Iran is over 25 years of age. Furthermore passenger car tyre sales are already dominant in Iran, with a market share estimated at 70 per cent.

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Iranian tyre manufacturers optimistic about export future as sanctions ease

24th January 2014 | 0 Comments

As Iranian business envoys court representatives of the various global markets at the 2014 World Economic Forum in Davos, Switzerland, details of the country’s recent tyre market development have also emerged. Of course, the Iranian enterprise bigwigs have been intent on smoozing with the self-styled “masters of universe” in order to make business in-roads now that certain automotive and petrochemical economic sanctions have been lifted by the west. During a recent interview with the BBC one such envoy described Iran as a very developed and highly educated market poised for further development, but it also has to be said that the geo-political environment makes things complex.

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Remoulding the UAE: Recessionary factors put pressure on suppliers and retreaders

Remoulding the UAE: Recessionary factors put pressure on suppliers and retreaders

14th September 2011 | 0 Comments

Those living in the seven emirates that make up the UAE - Abu Dhabi, Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain – are certainly no strangers to high temperatures. While the mercury rose to 47 degrees Celcius and above this summer, pressures caused by the global economic crisis, which triggered a local property collapse in its wake, have also put the heat on the domestic new tyre and retreading markets. Tyres & Accessories recently visited to the country’s largest Emirate by population (Dubai) to learn more about the local and regional retreading and new tyre markets.

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Dubai imported US$1.079 billion of tyres in 2010

1st July 2011 | 0 Comments

Data released during Automechanika Middle East shows that the overall volume of aftermarket trade that passes through Dubai is heading back to historically record levels following the recession. According to the Dubai Ports and Customs import, export and re-export figures, Dubai experienced its market peak and then decline a year later than in Europe.

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