RJA April 2012 Industry news

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Rubber Journal Asia Tyre News

Yokohama has released its second tyre series made from orange oil

Second orange oil tyre from Yokohama

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apanese firm Yokohama Tyre’s Avid Ascend tyre features its orange oil technology. Made at its US plant, the tyre is suited to a variety of applications ranging from crossover vehicles and passenger cars to minivans. It is said to possess a good mix of extended tread life and fuel economy. Test results show that the Ascend can last up to 6,000 more miles and has lower rolling resistance, rolling 11% easier than a competitive tyre, says the firm. This feature translates into fuel savings of about 58 gallons and more than US$200 savings over the tyre’s useful life. Available in sizes ranging from 15 to 18 in., the Ascend follows in the footsteps of the company’s dB Super E-spec, the world’s first orange oil tyre introduced in the US market in 2008.

Conti forecasts higher tyre sales and buys Indian firm

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erman automotive firm Continental expects its sales to rise

GTC recalls tyres

more than 5% in its current fiscal year while its sales last year rose 17% to EUR30.5 billion. Its tyre division had combined sales of EUR8.8 billion from passenger and light truck tyres and commercial vehicle tyres, 7% up on the previous year. The company is also banking on global demand for replacement car/light truck and commercial vehicle tyres to grow 3% and 4% respectively. Continental’s tyre unit also plans to invest more than US$1.3 billion in the BRIC countries. It is doubling capacity in Camacari, Brazil, while the construction of a new plant in Kaluga, Russia, commenced in November 2011. In India, following the acquisition of Indian tyre manufacturer Modi Tyres, Continental plans to invest EUR50 million to establish in-house passenger and light truck tyre production as well as expand truck tyre production. In the US, the construction of a new plant is set to commence in South Carolina while an existing plant in Illinois is being expanded. In related news, Rico Auto Industries is now a fully owned subsidiary of Continental that has acquired Rico’s 50% equity in the Indian joint venture Continental Rico Hydraulic Brakes. This acquisition reinforces Continental’s growth plans and investments in both development and manufacturing to introduce future technologies to both of its automotive and rubber industries in India.

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ore than 12,000 advance extra grip AR215 radial light truck tyres were recalled by GTC North America, an Ohio-based marketing arm of Chinese tyre maker Guizhou Tyre. The recall was due to sidewall blistering or bubbles that could lead to tread chunking, belt edge separation and air loss. The recalled tyres were manufactured between September 2008 and December 2009. GTC has notified tyre owners and is offering replacement of the recalled tyres with similar tyres free of charge.

Sibur sells tyre plant to Pirelli

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ussian petrochemical company Sibur has finalised the transfer of its Voronezh tyre plant to Pirelli and Russian Technologies joint venture. This follows the transfer, also from Sibur, in December 2011 of the Kirov tyre plant. The joint venture has invested a total of EUR222 million in the transfer operations and will spend a further EUR200 million from 2012 to 2014 on plant improvement and business development. Annual revenues are expected to reach about EUR300 million in 2012 and more than EUR500 million by 2014.

Goodyear’s record earnings

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S Goodyear Tyre recorded higher sales and income of US$1.4 billion worldwide and US$276 million in the North American market last year. The company says this success is due to its improved price/mix and higher branded share in targeted market segments. Despite a lower unit volume in the fourth quarter of 2011, its sales were up 12% to US$5.7 billion compared to last year. Tyre unit volumes totalled 43.2 million, down 5% from 2010, reflecting decreasing replacement industry volumes in mature markets along with business challenges in Latin America and the flooding in Thailand. Sales in Q4 2011 showed a strong price/ mix performance, which spiked revenue per tyre up 19% year-onyear. Unfavourable unit volume and foreign currency translation reduced sales by US$174 million and US$49 million respectively.

Rhein Chemie positioned in bladder market

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erman firm Rhein Chemie, a subsidiary of speciality chemicals firm Lanxess, has purchased US-based Tire Curing Bladders (TCB), a manufacturer of bladders for the tyre industry. Rhein Chemie entered bladder production last year when it bought

1 APRIL 2012

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