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You are here: Home1 / Nigeria

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Employees steal 3.5M tyres in Nigeria

International News

A company in Nigeria has reported tyre theft on an eye-watering scale. The Dangote Group of Companies says that 285 truck drivers have stolen around 3.5 million customised tyres belonging to the company. Local news sources report that the salaries of the 285 drivers have been stopped and the Dangote Group is now searching for them.

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Related news:

  1. Nigerian Ban on Used Tyres Too Late for Local Industry
  2. Kumho Appoints New Nigerian Distributor
  3. Dunlop Nigeria to Cease Local Production
  4. Nigeria Moves to Ban ‘Tokunbo’ Tyres
10th February 2017/by Tyrepress Editors

Sameer exploring share sale, tyre export options

International News

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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Related news:

  1. Sameer Importing Chinese Tyres to Meet Local Demand
  2. Sameer Africa switching to Chinese/Indian contract manufacturing
  3. Shares Fluctuate Sharply Following Obama’s China Tyre Tariffs
  4. Suntrac Brand Makes its Debut, PCR Line to Follow
8th April 2015/by Tyrepress Editors

Innoson General Tyres Nigeria executives seek to reopen plant

International News

Executives are moving to re-open the former General Tyres and Tubes factory in Nigeria, according to local news sources. The bid to reopen General Tyres and Tubes Company, Emene, Enugu, a subsidiary of Innoson Group, the Bank of Industry (BOI) sees executives promise to meet the relevant stakeholders with a view towards resolving lingering problems between the company and the National Environmental Standards and Regulations Enforcement Agency (NESREA).

Read more

Related news:

  1. Nigerian Ban on Used Tyres Too Late for Local Industry
  2. Dunlop Nigeria to Cease Local Production
  3. Dunlop to Recommence Production in Nigeria
  4. Hankook to build first US plant in Tennessee
17th November 2014/by Tyrepress Editors

What the rise of BRIC and MINT economies means for the tyre market

Editorial/Comment, International News
MINT economies

OK so the fact that China is the world’s largest tyre producer, the largest car maker, has the largest population and is likely to be the largest economy soon means that it is massively premature to write off the People’s Republic. Rapid growth and the huge scale of Brazil, Russia and India means these markets are still should be the focus of much attention. However, many international businesses have already latched onto this. So if everyone is competing for what they perceive as the same low-hanging fruit other opportunities could be going missing…or at least that is the question that is being raised in banking circles.

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Related news:

  1. Trading Places: How Tyre-Makers are Positioning Themselves in the World Economy
  2. Mexico tyre market grew at 19% CAGR 2009-2012
  3. Brisa & Pirelli Production Resumes in Turkey
  4. No F1 Tyre Decision; 2 Horse Race Between Michelin and Pirelli
31st January 2014/by Tyrepress Editors

Dunlop brand re-enters Nigeria

International News, News

Apollo Tyres South Africa intends to reintroduce the Dunlop tyre brand into Nigeria. The country’s Guardian newspaper reports Apollo Tyres South Africa CEO Riaz Haffejee as saying the brand will return due to its long history in Nigeria. Distribution will be handled by Somotex Nigeria Limited; Haffejee commented that Somotex has the requisite distribution channels for the job.

Read more

Related news:

  1. Apollo enters Nigerian market
  2. Dunlop Zimbabwe Extends Factory Shutdown
  3. Apollo Announces New South Africa Investments
  4. Apollo Commissions Dunlop Zones TV Ads in South Africa
2nd April 2013/12,345 Comments/by Tyrepress Editors

Apollo enters Nigerian market

International News, News

Apollo Tyres has rolled out its product range in the Nigerian market and the tyre maker has appointed the Stallion Group, a conglomerate that already boasts partnerships with several global vehicle manufacturers, as its representative within the country.

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Related news:

  1. Dunlop brand re-enters Nigeria
  2. Apollo Acquires Dunlop International – Update
  3. Apollo Tyres Net Sales Grow 33 per cent in Q1 2006-07
  4. Apollo to Buy ‘Overseas Tyre Maker’
3rd August 2012/by Tyrepress Editors

Infinity organises tyre check training for Nigeria Customs

International News, News

Infinity Tyres has helped to organise a tyre identification awareness training programme with Nigeria’s Custom Service in Lagos. Infinity said it had identified the Nigeria Customs Service as a suitable gateway for checking the authenticity and quality of tyres brought into the country in the interest of “improving safety” on the country’s roads.

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Related news:

  1. Kumho Partner Manchester United in Road Safety Initiative
  2. Titan establishes mining services company
  3. Infinity’s Nigerian promotion
  4. Infinity Tyres Foundation commits to Rugby School scholarship scheme
15th February 2012/by Tyrepress Editors

Infinity’s Nigerian promotion

News

Infinity Tyres has completed its tenth annual December promotion in Nigeria. Themed as “Value Drive”, the company distributed scratch-cards after any tyre or battery purchase from its 11 nationwide outlets. Vikas Bahl, Infinity Tyres’ head of Marketing, said that in previous years: “we have organized successful promos and we have seen their effect on our customers, their countenance, and consequently, their loyalty to the brand. We believe that our customers are highly valuable and for this reason, their loyalty to Infinity Tyres should be appreciated at the end of every year, through programmes like this”.

Read more

Related news:

  1. Tyre Care Plus Chain Launched in Oman
  2. Cooper Launches Rebate Promotion
  3. Pirelli launches winter tyres promotion
  4. Cefni Tyres Win Grouptyre, Continental World Cup Promotion
26th January 2012/by Tyrepress Editors

Nigerian action aimed at encouraging local tyre manufacture

International News, News

Nigeria’s official body in charge of standards, certification and inspection says it hopes that the seizure and destruction of used and substandard tyres will encourage major manufacturers to resume tyre production within the country. Benin City-based newspaper the Sunday Observer reported on November 6 that the Standards Organisation of Nigeria (SON) had destroyed more than 60 truckloads of these tyres, and SON director of enforcement Louis Njoku told the newspaper the action was taken to encourage companies such as Dunlop and Michelin to relocate their industries back to Nigeria.

Read more

Related news:

  1. Apollo enters Nigerian market
  2. Dunlop brand re-enters Nigeria
  3. Imported Tyres Replace Local Production at Dunlop Nigeria
  4. Dunlop to Recommence Production in Nigeria
7th November 2011/by Tyrepress Editors

Suntrac Brand Makes its Debut, PCR Line to Follow

International News

One brand Tyres & Accessories met for the first time in Shanghai (at the recent Reifen China exhibition) was Suntrac, which is produced by Dubai-based Sun Global Fzco at partner factories in China and a joint venture in Sri Lanka. The company also produces Nison brand truck and bus tyres which, a brand that was established nearly six years ago.

Currently the business focuses on the manufacturing and international distribution of bias and radial light truck, truck and bus, and off-the-road tyres distributed globally under the Suntrac name. However executive director Nitesh Shewakramani told T&A that the company plans to launch a comprehensive range of PCR & SUV as well as solid and implement tyres by mid 2011. Product wise the company currently offers over 20 different truck fitments across 16 different tread patterns.

Read more

Related news:

  1. Apollo to buy Cooper for US$2.5 billion
  2. Apollo Tyres Planning China Expansion
  3. Chinese Machinery Makers Look to Export Markets
  4. Sumitomo net income up 24.9% in 2012
3rd December 2010/by Tyrepress Editors

Dunlop to Recommence Production in Nigeria

News

Following the importation of 500 million naira (£2.1 million) worth of raw materials, Dunlop Nigeria looks set to re-open its Ikeja facility, which ceased production in April. A report in Nigeria’s Business Day newspaper indicates that the paperwork needed to clear the imported materials through customers is currently being dealt with by the country’s minister of state for commerce and industry, Humphrey Enemakwu Abah, who is apparently enthusiastic about the prospects of local manufacture recommencing.

Read more

Related news:

  1. Century Textiles Suspends Tyre Yarn Output
  2. Dunlop India suspends production at Chennai
  3. Michelin Plans Egyptian Production
  4. Cooper Reopens Ike Affected Factory
9th October 2009/by Tyrepress Editors

Nigeria Moves to Ban ‘Tokunbo’ Tyres

International News, Product News

Lawmakers in Nigeria are acting to ban the importation of ‘tokunbo’, or used tyres, into the country. A committee attached to Nigeria’s House of Representatives is said to be working on legislation that would prohibit the entry of tyres more than three years old – a move intended to ensure that tyres sold and used in Nigeria meet international standards.

Tokunbo tyres are typically sold with around 40 per cent of their original thread remaining. Initiator of the legislation, Ekperikpe Ekpo, noted that 80 per cent of road accidents were caused by burst tyres and not less than 60 per cent of vehicles, especially commercial vehicles, use either sub-standard or tokunbo tyres.

Read more

Related news:

  1. Nigerian Ban on Used Tyres Too Late for Local Industry
  2. Getting ‘Tokunbo’ Off the Road in Nigeria
  3. Legislation Against Dangerous Tyres (LADT) update
  4. Over 2000 people sign NTDA part-worn ban petition
16th July 2009/by Tyrepress Editors

Nigeria Receives First Shipment of Dunlop Imports

Product News

DN Tyre & Rubber Plc, formerly known as Dunlop Nigeria Plc, has taken delivery of the first consignment of tyres imported from South Africa. The company’s external communications manager Olusola Adebanjo said in a press statement that dealers in various regions have been “delighted” to receive the imported Dunlop brand tyres and that their delivery will end the tyre scarcity in the Nigerian market that followed the recent ending of local production.

“Our accredited dealers, who are placing orders will therefore be stocked with this product so as to satisfy the needs of premium vehicle owners who appreciate the superior quality of the brand,” said Adebanjo.

Read more

Related news:

  1. Pelmar Engineering to Coordinate Sale of Dunlop Nigeria Machinery
  2. Tyreguard Gains US Distribution
  3. Apollo Tyres Net Sales Grow 33 per cent in Q1 2006-07
  4. Apollo Tyres Net Sales up 26 per cent
28th May 2009/by Tyrepress Editors

Chris Logan to Head Up Michelin Earthmover and Industrial

Product News

Chris Logan has been appointed to the role of commercial director for Michelin’s earthmover and industrial operations in the UK and Republic of Ireland. Logan, 44, a 21 year Michelin veteran, has held a number of positions within the company, most recently as sales manager in the replacement car tyre market. Prior to this, Logan spent four years as commercial director of Michelin’s operations in Nigeria. Other roles during his career with Michelin have included three years as a regional earthmover manager in the early 1990s, with responsibility for a territory spanning the East and South East of England.

Read more

Related news:

  1. Michelin Motorbike Price Increase
  2. Michelin Supplies Harley-Davidson OE
  3. CIL Launch Non-Toxic TyrFil
  4. Ferguson Transport to Fit XDN2 Grip
6th March 2009/by Tyrepress Editors

Dunlop Nigeria to Cease Local Production

International News, Product News

At Dunlop Nigeria’s Annual General Meeting on December 2 the company formally announced it will end local tyre production. This announcement comes half a year after production was cut back, and operating conditions within Nigeria, including an unreliable power supply, are said to be key factors behind the decision.

Read more

Related news:

  1. Nigerian Ban on Used Tyres Too Late for Local Industry
  2. Dunlop to Recommence Production in Nigeria
  3. Dunlop India Resumes Production
  4. Dunlop Sweeps Out of Nigeria
3rd December 2008/by Tyrepress Editors
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