Thai tyre manufacturer Otani Radial Co. Ltd. has recalled 138 Otani OH-306 425/65R-22.5 truck tyres with DOT code 0320 after its local distributor, Foreign Tire Sales Inc (FTS) noticed a problem on 22 October 2020.
Following the news that the Federation of Thai Industries (FTI) reported a year-on-year decline of 38.76 per cent in vehicle production over the past nine months, Bakar Sadik Agwan, Senior Automotive Consulting Analyst at data and analytics company GlobalData, says: “Thailand, a key automotive production hub in Asia, is struggling hard to recover from the slumped vehicle production output. Vehicle production, both for domestic sales and exports, has been witnessing a downward trend since 2019.
Marubeni is well-known for its range of tyre-related investment interests. While the conglomerate began in Japan, recent additions in Russia and US-based Tyrata demonstrate the diversity of its tyre-related portfolio.
In spite of COVID-19, Prinx Chengshan managed to increase its net profit in the first half of 2020, a feat aided in part by a prompt response to the pandemic. Sales revenue for Prinx Chengshan (Cayman) Holding Limited and its subsidiaries in the six months to 30 June 2020 came to RMB 2,844.0 million (£317.2 million), 1.0 per cent less than in the same period of 2019. Gross profit rose 9.9 per cent year-on-year to RMB 606.3 million (£66.7 million) and net profit increased 1.6 per cent to RMB 265.3 million (£29.2 million).
ZC Rubber is launching its second generation of Westlake WSA2LT, WAS2, WDA2LT, WDA2, WSM2 and WDM2 all-steel truck and light truck tyres into the European market effective 1 July 2020. According to the company, the range is designed for “European fleets who seek both tyre performance and cost saving”.
In the USA the United Steelworkers (USW) union has filed antidumping (AD) and countervailing duty (CVD) petitions on dumped and subsidized passenger vehicle and light truck (PVLT) tyres with the Department of Commerce and the International Trade Commission
Prinx Chengshan produced its first car tyre at its new plant in Thailand on Saturday. The start of PCR tyre production at the Prinx Chengshan Tire (Thailand) Co., Ltd. facility follows the start of TBR tyre production on 25 March.
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.
Yokohama Rubber has signed a Memorandum of Understanding (MoU) with the Rubber Authority of Thailand (RAOT). The aim of this cooperative partnership with the state enterprise is to provide economic support for Thai natural rubber farmers and to improve traceability, with the aim of ensuring transparency and soundness within the supply chain.
This year got off to a good start, says Linglong Tire. Between 7 and 9 January, a team from Man Truck & Bus visited the Linglong International Tire (Thailand) Co., Ltd facility in Rayong, Thailand. The MAN team, responsible for auditing potential suppliers, spent three days at the truck and bus tyre plant. After it passed the MAN potential supplier audit, the team entered the facility into the MAN supplier system.
The Carbon Black Conference 2019, a biennial event with a 30-year history has held its 14th edition entitled – ‘Perspective in Asia Pacific’. The event, held at Bangkok Marriott Marquis Queen’s Park, Thailand from 5 – 7 November, 2019, saw Sanjeev Sood, International Advisory Board Chairman lead the conference with industry partners and participants.
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.
On 16 October Prinx Chengshan held its 2019 International Dealer Conference in the historic city of Xi’an. The theme for this year’s conference, which was held four years after the last one, was: “together for future”.