Prinx Chengshan reports that its new tyre factory in Thailand produced its first commercial vehicle all-steel radial on 25 March. The first phase production project at the Prinx Chengshan Tire (Thailand) Co., Ltd. is now expected to be concluded in the second quarter of this year, giving the facility an annual capacity to produce 800,000 TBR tyres. The plant is also capable of manufacturing 4 million passenger car and light truck tyres a year.
We’ve been following the progress of Algeria’s first homegrown tyre company, and in March reported that the Iris Tyre plant had completed its first test phase. Now the new tyre maker is ready not only to gain a foothold in the domestic market – Iris Tyre intends to export its output to numerous markets. It will present its range at the CITExpo trade fair in Shanghai next month.
Apollo Tyres has thrown its hat into the European truck and bus radial ring and introduced a complete range for our regions. Furthermore, the company is only distributing these products online, through its own ApolloTyresDirect.com portal. The company is the first, and so far, only tyre manufacturer to use the direct online approach to market here, and it says pricing on the site is completely transparent and free from hidden costs or complicated deals.
Sailun Jinyu Group reports that the first all-steel TBR tyre was manufactured in its new factory in Vietnam on 24 November. In announcing the news, the China-based tyre maker notes that it decided to erect a second plant at its Sailun (Vietnam) Co., Ltd. site in order to combat the tariffs in place in the USA. It began work on the factory on 14 March 2016 and produced the first tyre just over eight months later.
Interstate Tire & Rubber has expanded the Sierra truck and bus radial range in Europe with the launch of two further tread patterns, the Sierra SR526 and Sierra SR805. The TBR programme now contains nine different patterns and a total of more than 60 sizes.
Only quite recently Apollo Tyres Ltd gave word that truck and bus tyre production capacity at its factory Chennai, India would increase from 6,000 to around 9,000 tyres per day, yet the company has now announced a further truck and bus tyre capacity boost for the plant. A filing submitted to the BSE following a meeting of Apollo’s Board of Directors on 11 August shares the tyre maker’s plan of outlaying a capital expenditure of Rs 12 billion (£118.7 million) to further expand truck and bus radial capacity in Chennai from the currently planned 8,900 tyres per day to 12,000 tyres per day.
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.
Along with the unveiling of its ‘Vision 2020’ strategic plan that outlined aims leading up to its 100th anniversary, in May 2011 Toyo Tire & Rubber announced its ‘Mid-term 11’ plan that identified goals for the years to 2015. The tyre maker now reports that due to a favourable business climate, including a weakening of the Japanese yen and lower raw material prices, it has met the Mid-term 11 targets – such as boosting supply capacity – ahead of schedule. Toyo has now set itself a new three-year mid-term business plan, titled ‘Mid-term ’14 GO BEYOND’. This latest plan sets this year as a starting point and covers specific targets up to the end of 2016, while looking forward five years to 2018.
At the start of this month, Continental introduced truck and bus radials into the Indian market. The company is working towards an annual capacity of 220,000 TBR tyres in addition to the 1.1 million cross-ply tyres it produces each year in India. The company also has plans to further increase its passenger car radial capacity there.
Wholesaler RH Claydon exhibited a number of exclusive brands, including the new Basoon range. John Parker, business development and purchasing director, showed a sample selection of the range, attracting a lot of attention, especially from visitors looking for a value for money TBR product. “The Basoon range is expertly manufactured in China under the direction of SD-International implementing innovative European design engineering techniques with all tyres being rigorously tested and approved for all quality control legislation. The range consists of ten pattern options covering all truck and trailer applications.”
On 7 May, Bridgestone Americas Tire Operations presented its LaVergne tyre facility in Tennessee with a rebate totalling more than US$350,000; the plant received this rebate under the Tennessee Valley Authority and Nashville Electric Service’s ‘EnergyRight Solutions for Industry’ programme, which is aimed at helping manufacturers implement energy efficiency and demand-reduction improvements. The rebate was initially given to Bridgestone Americas in March.
Bridgestone UK has appointed former TBR area sales manager, Neil Collison as its new National Fleet Executive. The new position is part of a restructuring of the company’s national fleet approach, which has seen the formation of specialist new business and account management teams.
Bridgestone Americas Tire Operations reports it has reorganised the Bridgestone Commercial Group and set up an integrated mining tyre business unit. The new business unit, Bridgestone Mining Solutions, combines all mining tyre sales, service and sales engineering, as well as a select group of US and Canadian stores, into one integrated structure. Shawn Rasey will lead the new organisation as vice-president, Bridgestone Mining Solutions.
Bandag has added new dealers in Italy and Latvia to its European network. La Rinnova Del Pneumatico – Arké s.r.l, of Podenzano, Italy, and Juva SIA of Riga, Latvia, have both signed Bandag franchise contracts, bringing the total number of Bandag dealers in Europe to more than 140.
Bridgestone UK Ltd has signed a three-year PPK contract to supply Bridgestone tyres on Shearings Group’s 300-strong coach fleet. Under the arrangement, Bridgestone UK will supply replacement coach tyres and service support to the Shearings fleet.