June marks 50 years since Dublin business Auto Tyre Services was formed in 1971 by the late Kieran Maher. Kieran Maher remained managing director of the company until he passed away in 2017. Over the years, the company has retained a strong reputation for supply and service in the earthmover, implement, agricultural and industrial sector.
Roughly two years after he was appointed Ceat Ltd VP of marketing, Amit Tolani has been named chief executive of Ceat Specialty, effective 1 June 2021. Ceat Specialty has its EU office in Amsterdam and has been serving European farm and OTR tyre customers since 2017. Tolani joined Ceat in 2004 and has served in various roles across sales, marketing and supply chain functions. Prior to his latest appointment, he was the chief marketing officer of CEAT.
Yokohama Off-Highway Tires has announced further price increases for its brands in Europe. These will take effect next month and see prices for Alliance and Galaxy tyres rise by around five per cent. The manufacturer says this increase comes at a time when the costs of raw materials and freight rates “continue to rise at a dramatic pace on the global commodity markets.”
Mahansaria Tyres Private Limited (MTPL) has made an agreement in-principle with Tyres International Inc (TI) to buy a majority stake in the US-based tyre wholesaler. According to MTPL, the move is the latest part of its bid to build a global, market leading off-Highway tyre business and the first part of MTPL plans to build its distribution network in North America.
The growth of the construction and industrial sectors is currently faster than any other part of the private sector economy, says Kirkby Tyres, Speke-based distributor of OTR tyres. In order to support this growth, Kirkby adds that it is positioning itself to supply a comprehensive line-up of tyre patterns and applications to serve its customer base. While this growth is encouraging, wholesalers must contend with the unprecedented challenges currently affecting global supply chains, including long production lead times and increases in raw materials and shipping costs. Kirkby marketing director Michael Rosenthal tells Tyres & Accessories that these challenges are presenting a bottleneck to economic recovery. The wholesaler says it is working to reduce the impact of these challenges and support its customer base by replenishing its stockholding continuously and holding good stocks of the most common OTR tyre sizes.
The off-the-road (OTR) segment is historically strong for Triangle Tyre. The China-based brand has recorded sustained and continuous growth around the world since it produced its first radial OTR tyre in November 2002, gaining a stronghold in the sector in Europe. The tyre-maker has achieved this by securing original equipment fitments with a wide range of manufacturers, demonstrating its ability to produce tyres for many OTR specialisms; it is a global supplier to Caterpillar, as well as supplying such construction and mining equipment makers as Komatsu and Liebherr. It has also built a network of professional distributors across Europe.
Continental has launched the CompactMaster AG, a new telehandler and skid-steer loader tyre. According to the company, the tyre is the first to be designed with a new Turtle Shield tread layer and twisted steel belt. It is capable of operating at speeds of up to 50 kilometres per hour. And, compared to a standard agricultural tyre pattern, the new lug design of the CompactMaster AG tyre provides five per cent more surface area.
With 150 years in the business, Continental may well just be the oldest firm in existence still making tyres today. The company has been offering solutions since the days when horsepower was indeed horsepower, but Continental’s off-highway tyres are a much more recent addition – it’s only a little under a century since the first products came to market. As its celebrates its sesquicentennial jubilee, Continental looks back over its activities in this sector from the very earliest days.
BKT has become presenting sponsor of the LGT World Women’s Curling Championship. Contested on 30 April at the Canada Olympic Park in Calgary, Canada, the World Curling Federation event is the second to receive BKT sponsorship; the OTR and agricultural tyre manufacturer was the title sponsor of the World Men’s Curling Championship in Calgary between 2 and 11 April. BKT said the number of curling enthusiasts has grown significantly worldwide over the last two years and the sport is particularly popular in key markets for the brand, like Canada’s rural population.
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.
BA Bush & Son Ltd has become the exclusive UK distributor of Ascenso tyres. With the first container having already arrived in the UK and a significant ‘stocking up’ programme underway, BA Bush reports that new sizes are set to be introduced each month. BA Bush will sell Ascenso tyres predominantly through its trade business BAB Distribution but will also stock Ascenso tyres through their Bush Tyres retail branches.
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.
Firestone has launched its first ever off the road (OTR) radial tyre line-up for the European market. The Multi Block T is engineered for loaders and articulated dump trucks, covering a wide section of the OTR market. Bridgestone says its second line Firestone brand offers an option for “dealers, rental companies or fleets looking for a cost-conscious product, the multi-application tyre promises lasting, dependable quality.”