Anti-dumping and anti-subsidy tariffs imposed against Chinese-produced truck tyres in 2018 must be annulled, according to a judgement published by the European Court of Justice on 4 May 2022. Tyres & Accessories understands that the verdict can be appealed between now and July, but unless that appeal is successful, the annulment of anti-dumping tariffs against Chinese-produced truck tyres will result in increased imports and sales of those products.
Marangoni announced an imminent price increase in mid-November for all products offered across the (Europe, Middle East and Africa (EMEA) region. However, at the beginning of December, the company offered further details. Regarding the specific amount of the upward adjustment “based on the product families and the respective product lines” specifical details are set to be released “in the next few days”.
The Marangoni Group has return to the specialist tyre retail business – a sector it excited roughly three years ago. As reported by our Italian sister company PneusNews.it, the group best known for its extensive retreading heritage, recently took over the company La Genovese gomme (LGg). The tyre retail chain runs five locations in Sardinia (specifically Sassari, Oristano, Olbia, Macomer and Elmas) and together with the production of retreaded tyres to support them. LGg also makes retreads at its Elmas locations “using the best possible materials”.
Italian retreading specialist Marangoni S.p.A. reports that certification body Certiquality renewed its Rovereto factory’s ISO 14001 environmental management certification on 15 October. Renewal followed a thorough audit of Marangoni’s Environmental Management System.
Llanelli-based Tuf Treads was founded in 1979 on a different location to where the retreading facility can now be found. Back then, current owner Mike Rees joined William Lloyd in the establishment of a new venture focusing on retreading tyres in four sizes according to the Peters system. Much more recently, the firm’s current Cross Hands retreading factory took delivery of a new Marangoni nail-hole detector to upgrade its quality control procedure, something that is just the latest in a history of steady development at the company. Tyres & Accessories visited Tuf Treads to find out more about the company’s past, present and future.
In its latest Annual Report, India’s GRP Ltd. shared that the 2020-21 financial year “proved to be a watershed year in more ways than one” for the Marangoni GRP retreading joint venture. While the world and India were under the grip of COVID-19 for the best part of the 12-month period to 31 March 2021, the company says Marangoni GRP “made rapid strides in several directions” that “set it on a path of high growth and expansion in the next year.”
Marangoni’s positive recent business figures could have a sting in their tail for 188 workers at the manufacturer’s Rovereto, Italy plant. Negotiations with Brazilian retread supplier Vipal Rubber about a potential majority takeover of the Italian Marangoni Group are at an “advanced stage”, according to local press. According to the Corriere del Trentino, the regional edition of the Corriere della Sera, unions are increasingly worried about the future of Rovereto.
The Marangoni Group made money again last year despite significantly declining sales. With key figures improving, questions of the future relationship between the Italian firm and global retreading supplier Vipal Rubber reappears. The Brazilian company acquired a majority share in Marangoni Tread North America via a joint venture in 2019 and is reportedly about to take over the Marangoni activities in Latin America, which are currently being restructured. It would very much like to take over the entire company. Vittorio Marangoni, president of the Marangoni Group, confirmed that negotiations were ongoing between the firms three years ago to Tyres & Accessories. These could now also end positively in the interests of Vipal Rubber as part of a capital increase, according to company sources.
Phil Robinson has joined Marangoni Retreading Systems as senior country manager for the United Kingdom, Ireland and United Arab Emirates. In this role he supports Mike Carter during the gradual transition towards Carter’s retirement.
Marangoni is raising prices for retreading materials in all global markets. It reports that as of 1 June, sales prices for the tyre retreading rubber materials offered by its Retreading Systems division will increase by 0.20 euros to 0.30 euros per kilogramme, depending on the product.
As of 24 April, the Marangoni factory in Brazil is 20 years old. Inaugurated in 2001, the plant in Minas Gerais state was instrumental in introducing the Ringtread system to markets throughout Latin America, and as such has fulfilled Marangoni’s mission of providing tyre retreaders and their customers with “a higher quality product” suited to a continent that’s home to one of the world’s largest road networks.
Retreading specialist Marangoni considers both the performance and appearance of its products the “main Marangoni goal” when developing new solutions. Marangoni notes that while reliability, durability and performance are “indispensable requirements” for a premium retreaded tyre, it has observed a “growing request” from fleets for greater attention to detail and accuracy in tyre aesthetics.
As of 1 March 2021, the price of the rubber materials that Marangoni Retreading Systems supplies for tyre retreading will increase by 0.20 euros per kilogramme in all European markets. Marangoni says this increase reflects price increases for raw materials used within the sector.
Following the official opening of the Ferentino tyre factory in Sri Lanka last week, a closer look reveals that the company has even more in common with its European and particularly Italian colleagues than it first appears.
As we reported in January 2017, Onyx Group subsidiary Ceylon Steel bought Marangoni’s car tyre radial processes, technological know-how and production line from Marangoni Group subsidiary a few years ago.
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Marangoni
LgG [Screenshot], OpenStreetMap
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