Turkish joint venture tyre maker Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.S. – or Brisa, as it is more commonly known – intends to primarily utilise a US$150 million long-term loan from the European Bank for Reconstruction and Development (EBRD) and $160 million from a syndicated loan transaction arranged and coordinated by Mitsubishi UFJ Financial Group (MUFG) for the greenfield factory it is now building in Anatolia. A portion of the financing will also be directed towards the expansion of Brisa’s truck and bus tyre plant in Izmit.
Trelleborg has been selected as official sponsor and original equipment supplier for all the tractors on show during the Claas Roadshow Event in Turkey. The roadshow started on 26 July and will stop in seven different locations around Turkey to meet approximately 5,000 farming professionals. Trelleborg field demonstrations will be held during the day to showcase the importance of selecting the optimal tyre inflation pressure for specific farming operations, as recommended using the Trelleborg Load Calculator (TLC).
Following the firm’s high profile stand at the last Reifen show in Essen at the end of May, Petlas is promoting its range of 4×4/SUV tyres. The company reports that these tyres “are being designed to meet user needs whether use them in off-road or highway”. However, the firm has also begun manufacturing more tyres equipped with run-flat technology, including run-flat equipped 4×4/SUV tyres.
Sailun-Jinyu Group has denied reports in Turkish newspaper Hürriyat suggesting the firm is planning on establishing a tyre factory in Turkey by 2020. The Hürriyat report, dated 5 March, said Sailun is planning to set up a joint-venture tyre factory in Turkey with its Turkish distribution partner there, Yeslas.
Various news reports suggest Jinyu, (which changed its name to Sailun Jinyu in 2014 following its merger with Sailun) could be building a new tyre plant in Turkey. According to the Turkish Hurriyet newspaper, Jinyu is considering a joint-venture with local distributor Yeslas.
Tool and workshop equipment manufacturer Chicago Pneumatic has opened new offices in Turkey. The 300 square metre Customer Center in Istanbul has been set up to better meet the needs of distributors and customers across many industries, and it provides additional space for customer support and service, product and technical training activities, and it also features a fully equipped showroom.
Sumitomo Rubber Industries (SRI) has held an official opening ceremony for the group’s new tyre factory in Cankiri, Turkey, named Sumitomo Rubber AKO Lastik Sanayi ve Ticaret AS (SAT). The Falken brand manufacturer will use the new facility to supply both the local Turkish market, which is benefitting from the country’s steady economic growth, and the geographically adjacent EMEA regions.
Online tyre retailer Delticom has entered a further national market with the launch of a B2C portal in Turkey. The new site follows the format the company has successfully adopted in existing markets and can be found at lastik-online.com.tr.
Titan International is considering an expansion of its wheel business in the coming half year. In the company’s second quarter 2015 results announcement, CEO and chairman Maurice Taylor reports that Titan International is “exploring plans to expand our wheel plant in Turkey” and to “establish a new wheel presence in Brazil to accompany our existing tyre business.” Taylor did not furnish any additional details about the two potential projects.
Goodyear has named Pietro Saletta CEO of its Turkish operation. In an announcement sent to the Borsa Istanbul, Goodyear Lastikleri T.A.S. reports that Saletta will succeed Emin Yasar Ozkan in this role on 1 July following the latter’s resignation.
FC Barcelona ad Lassa Tyres have signed a sponsorship deal which makes the Turkish tyre brand a global partner for the next four years. Under the global partnership rights, the club’s basketball, handball, futsal and roller hockey teams, will officially be named as “FC Barcelona Lassa”. The deal took effect on 1 June 2015 and makes Lassa Tyres the “Official Tyre Partner” of FC Barcelona.
Brisa, manufacturer of the Lassa brand, has become the Official Partner of round the world solar flight team – Solar Impulse in Turkey. Solar Impulse has set 1 March as the first possible take-off date for its first round-the-world solar flight starting from Abu Dhabi. During its stopovers throughout its inter-continental journey, Solar Impulse will […]
Vipal reports that its rubber is supplying a number of public sector fleets in two European capitals – Istanbul, Turkey and Prague, Czech Republic. Vipal suggests that this success points to both confidence in the Brazilian manufactured products and the compatibility of retreading with sustainability policies.
Although commercial vehicles operating in Turkey have been legally obliged to use winter tyres between 1 December and 1 April for two years now, so far this requirement has not been enforced. This will change on 1 December 2014, when a TRY519 (£149) fine will be levied for non-compliance.
Marangoni Retreading Systems appointed Nejat Dagdemir as general manager of its Marangoni Kaucuk Ticaret, Turkish sales subsidiary, which is located in Izmir.
With 400,000 retreads a year and around 80 retreaders, Turkey is the sixth biggest European market in terms of the total number of retreads, and second only to Germany regarding cold retreading technology. This means that, with the Marangoni Ringtread and Unitread lines, Marangoni Kaucuk Ticaret has a 20 per cent share of the domestic market – that’s according to company representatives who characterize this as a good level, although less than in other European countries.