Otraco International is now part of Bridgestone Mining Solutions Australia. Bridgestone Corporation reports that after gaining regulatory approvals and satisfying other customary conditions, yesterday it completed the acquisition deal first announced in April. The OTR tyre management firm changed hands for AU$79 million (£42.4 million).
Belarus-based tyre maker Belshina is expanding its portfolio of off-highway tyres to include a product suitable for mining dump trucks carrying loads of around 130-tonnes. It produced the first prototypes of its size 33.00R51 Belshina Bel-785 in February, and the tyre is now undergoing testing.
Bridgestone is to acquire the Otraco OTR tyre management solutions business from Downer EDI, continuing its growth strategy. The acquisition will be made by the number one tyre manufacturer’s group company, Bridgestone Mining Solutions Australia Pty. Ltd. Bridgestone said the acquisition will accelerate the growth of its global mining solutions business and expand the company’s service network in key markets such as Australia, Chile and South Africa. Bridgestone wants to complete the transaction, valued at 79 million Australian dollars (approximately £44 million), by the end of 2021.
Bridgestone Corporation is investing 10.2 billion yen (£68.0 million) in “cutting-edge equipment” for certain facilities at its Shimonoseki plant in Japan, the company’s flagship production base for tyres used in mining and construction applications. Installation of this equipment is scheduled to begin next year and be completed by the end of 2025.
The 2019-launched Galaxy HTSR 400 (E-4/L-4) range of radial OTR tyres for mining operations is now available in two new compound variants – cut resistant and heat resistant. Depending on individual operational demands, customers can now choose between standard, cut or heat resistant compounds in each of the three available sizes, 23.5R25, 26.5R25 and 29.5R25.
Maxam has added the new 27.00R49 MS412 to its open pit mining, quarry and OTR programme. The tyre is designed to meet the demanding conditions in mine sites globally. The mining tyre specialist’s engineering team has designed the MS412 with a high lug-to-void ratio for improved wear and impact protection, providing mine sites increased protection and wear on haulage tyres. Maxam engineers have also placed stone ejectors strategically to increase protection against stone drilling, a cause of premature tyre removal. Its tread grooves increase traction in a variety of haul roads conditions. To enable high speed operation with minimum heat build-up, Maxam adds that it has optimised the MS412’s base compound.
Following a corona-related delay, off-highway tyre specialist BKT is gearing up to introduce a new, supersized OTR tyre. It has now produced a prototype of its BKT Earthmax SR 468, a size 40.00 R57 tyre developed for use on rigid dump trucks. Over the coming months, the tyre maker’s engineers will test the prototype ahead of the line’s market debut.
BKT says it is “ready to take up the challenge” of developing tyres for the coming generation of self-driving and electric off-highway vehicles. The tyre maker is already addressing changes within the agricultural and construction sectors with a range of solutions, drawing upon its almost 30-year experience and in dialogue with end-users.
Bridgestone Corporation has introduced what it describes as a “revolutionary” new MasterCore off-the-road (OTR). Speaking at a press conference in Tokyo on 7 August 2020, company representatives explained that MasterCore tyres are engineered for “ultra-high durability with performance that can be customized to various mine sites and operations”. The MasterCore product line has initially launched for 63-inch tyres, with additional patterns and sizes available to customers in 2021.
Triangle has introduced a 3-star ply rated version of its TL535S+ radial for wheel loaders and other machinery used in quarry and industrial sites, giving users the option to choose between 1-, 2- and 3-star fitments.
Belshina JCS reports that the project to develop 25- to 29-inch all-steel OTR radial tyres for articulated trucks, loaders and dozers working in open cast mine applications is “nearing completion”. The Belarus-based tyre maker says it has developed five sizes so far and successfully conducted in-house tests on these products. The new OTR products are now undergoing field tests both within Belarus and in other countries.
Magna Tyres Group has appointed Elie Sleiman General Manager of its Singapore office, effective 1 March. Sleiman will lead sales within the Oceania & South East Asia region and has responsibility for extending the Magna brand presence, distribution network, and will focus on developing strong customer relationships.
A new team has been set up within Maxam Tire to handle the specific requirements of customers in the open pit mining segment. Maxam Mining Group (MMG) is made up of team members across multiple continentals who are tasked with serving regional market demands. It is headed by Matt Johnson, who has been appointed the operation’s vice president.
A ceremony was held yesterday to mark the official opening of Bridgestone’s new OTR tyre factory in Thailand, marking the conclusion of a long and at times less than certain construction and preparation programme. The ceremony was attended by Bridgestone Group executives as well as members of the Board of Investment, Thailand, Rayong Province, and Japanese Embassy.