After a closure of one year, Dunlop tyre factory (India’s first tyre manufacturer factory), started production on Wednesday.
The 73-year old factory at Sahaganj, about 50 km to the north of Kolkata, started production at 8:30 in the morning with the aim of converting 40 tonnes of rubber a day.
The product mix includes car, bus and off-the-road tyres (tyres for dumpers, pay loaders, earthmoving equipment vehicles etc).
Dunlop is the last global brand that is manufactured in Bengal.
“The entire workforce of more than 1,000 will be absorbed,” said the spokesperson.
There was a last minute glitch centering absorbing 25 workers who had been suspended by the management on alleged charges of indiscipline.
But a last minute assurance by Dunlop India chairman Pawan Kumar Ruia to Trinamool leader Partha Chatterjee ensured the inclusion of the leaders in the payroll.
“The workers will be absorbed in work outside the factory,” remarked a Dunlop spokesperson.
Dunlop enjoyed a near monopoly status in Indian tyre industry till the eighties.
In the late nineties the company was shut down by a shortage of working capital. It reopened in early 2006 when Kolkata-based investor Pawan Kumar Ruia bought it out from Dubai-based Jumbo Group.
But fund crunch forced another closure last year.
“However, workers are yet to get their dues as calculated in the tripartite agreement the management signed in April 2006,” said workers at the plant.
Source: TOPNEWS.IN
The Limited Company with Unlimited Stock.
Monday, 30 November 2009
Sunday, 22 November 2009
Goodyear Researcher Receives DuPont Award
AKRON, Ohio, DuPont has announced that Kevin Westgate of The Goodyear Tire & Rubber Company in Akron, Ohio, is a recipient of a DuPont award that recognizes the commercialization of an impactful new technology.
Westgate, lead engineer in the Global Material Science Group, along with three DuPont colleagues, is being recognized with DuPont’s 2009 Bolton/Carothers Innovative Science Award for advancing hybrid cord technology, featuring DuPont Kevlar® followed by successful commercialization in multiple tire designs. Other recipients of this prestigious DuPont award are Florencio Gopez of DuPont Protection Technologies R&D, and Mark Lamontia and Ted Diehl of DuPont Engineering Technologies. This highly effective team worked collaboratively over a period of five years to develop and bring to market a new technology creating substantial commercial success for both Goodyear and DuPont.
The Bolton/Carothers Innovative Science Award recognizes creative scientific invention or discovery that results in the creation of recently commercialized new products, technology, or business that is generating significant revenue with the potential for continued earnings. The award takes its title from DuPont’s remarkable discovery of nylon in the 1930’s, led by Wallace Carothers, as well as its commercialization which was led by Elmer Bolton. In bestowing this award 17 times in the past, this 2009 recognition marks the first time anyone outside of DuPont has received it.
The award presentations will take place on January 19, 2010, at The DuPont Country Club in Wilmington, Delaware.
Source: PR.AU
Westgate, lead engineer in the Global Material Science Group, along with three DuPont colleagues, is being recognized with DuPont’s 2009 Bolton/Carothers Innovative Science Award for advancing hybrid cord technology, featuring DuPont Kevlar® followed by successful commercialization in multiple tire designs. Other recipients of this prestigious DuPont award are Florencio Gopez of DuPont Protection Technologies R&D, and Mark Lamontia and Ted Diehl of DuPont Engineering Technologies. This highly effective team worked collaboratively over a period of five years to develop and bring to market a new technology creating substantial commercial success for both Goodyear and DuPont.
The Bolton/Carothers Innovative Science Award recognizes creative scientific invention or discovery that results in the creation of recently commercialized new products, technology, or business that is generating significant revenue with the potential for continued earnings. The award takes its title from DuPont’s remarkable discovery of nylon in the 1930’s, led by Wallace Carothers, as well as its commercialization which was led by Elmer Bolton. In bestowing this award 17 times in the past, this 2009 recognition marks the first time anyone outside of DuPont has received it.
The award presentations will take place on January 19, 2010, at The DuPont Country Club in Wilmington, Delaware.
Source: PR.AU
Saturday, 21 November 2009
Goodyear Tire & Rubber shares rise after upgrade
Shares of Goodyear Tire & Rubber Co. rose Friday after an analyst upgraded the stock based on a sharp decline in the stock's value.
Goldman Sachs analyst Patrick Archambault upgraded the stock to "Buy" from "Neutral," noting shares have declined 20 percent since Oct. 28 when Goodyear issued weak guidance for the rest of the year.
"We see the sell-off, which put shares back to their July 21st levels, as an opportunity to build positions in the shares," said Archambault.
He pointed to the Akron, Ohio, company's recent U.S. price hike of as much as 6 percent in boosting his earnings estimates for next year to $1.05 per share from 95 cents per share.
Analysts polled by Thomson Reuters expect, on average, 78 cents per share.
Archambault also raised his price target to $19 from $17 on increased consumer tire demand, benefits from improved fixed cost absorption and continued cost reduction from better manufacturing flexibility afforded by the new United Steel Workers contract.
In afternoon trading, shares rose 57 cents, or 4.2 percent, to $14.31.
Shares of Goodyear Tire & Rubber Co. rose Friday after an analyst upgraded the stock based on a sharp decline in the stock's value.
Goldman Sachs analyst Patrick Archambault upgraded the stock to "Buy" from "Neutral," noting shares have declined 20 percent since Oct. 28 when Goodyear issued weak guidance for the rest of the year.
"We see the sell-off, which put shares back to their July 21st levels, as an opportunity to build positions in the shares," said Archambault.
He pointed to the Akron, Ohio, company's recent U.S. price hike of as much as 6 percent in boosting his earnings estimates for next year to $1.05 per share from 95 cents per share.
Analysts polled by Thomson Reuters expect, on average, 78 cents per share.
Archambault also raised his price target to $19 from $17 on increased consumer tire demand, benefits from improved fixed cost absorption and continued cost reduction from better manufacturing flexibility afforded by the new United Steel Workers contract.
In afternoon trading, shares rose 57 cents, or 4.2 percent, to $14.31.
Source: The Associated Press
Goldman Sachs analyst Patrick Archambault upgraded the stock to "Buy" from "Neutral," noting shares have declined 20 percent since Oct. 28 when Goodyear issued weak guidance for the rest of the year.
"We see the sell-off, which put shares back to their July 21st levels, as an opportunity to build positions in the shares," said Archambault.
He pointed to the Akron, Ohio, company's recent U.S. price hike of as much as 6 percent in boosting his earnings estimates for next year to $1.05 per share from 95 cents per share.
Analysts polled by Thomson Reuters expect, on average, 78 cents per share.
Archambault also raised his price target to $19 from $17 on increased consumer tire demand, benefits from improved fixed cost absorption and continued cost reduction from better manufacturing flexibility afforded by the new United Steel Workers contract.
In afternoon trading, shares rose 57 cents, or 4.2 percent, to $14.31.
Shares of Goodyear Tire & Rubber Co. rose Friday after an analyst upgraded the stock based on a sharp decline in the stock's value.
Goldman Sachs analyst Patrick Archambault upgraded the stock to "Buy" from "Neutral," noting shares have declined 20 percent since Oct. 28 when Goodyear issued weak guidance for the rest of the year.
"We see the sell-off, which put shares back to their July 21st levels, as an opportunity to build positions in the shares," said Archambault.
He pointed to the Akron, Ohio, company's recent U.S. price hike of as much as 6 percent in boosting his earnings estimates for next year to $1.05 per share from 95 cents per share.
Analysts polled by Thomson Reuters expect, on average, 78 cents per share.
Archambault also raised his price target to $19 from $17 on increased consumer tire demand, benefits from improved fixed cost absorption and continued cost reduction from better manufacturing flexibility afforded by the new United Steel Workers contract.
In afternoon trading, shares rose 57 cents, or 4.2 percent, to $14.31.
Source: The Associated Press
Friday, 20 November 2009
Deadline for 2010 Pirelli Sponsorship Resumes
While the weeks are winding down, there is still time for riders looking for 2010 sponsorship and support to send in their resumes to Pirelli Tyre. December 1, 2009 will serve as the cut-off date for all accepted applications.
With a tread for every encounter, from sand to hard-pack, Pirelli’s premier Scorpion MX family of tires offers the most in performance and durability for all motocross needs. With Soft, MidSoft, MidHard and Hard compounds in the Scorpion MX lineup, Pirelli is a winner with its race-proven products as showcased by its 52 MX1 Championships.
Additionally, Pirelli offers a formidable lineup of off-road tires. The very same rubber used by Paul Whibley to win the 2009 GNCC XC1 Championship is available to all riders, staying true to the motto that Pirelli races what it sells.
Source: MotorcycleUSA.com
With a tread for every encounter, from sand to hard-pack, Pirelli’s premier Scorpion MX family of tires offers the most in performance and durability for all motocross needs. With Soft, MidSoft, MidHard and Hard compounds in the Scorpion MX lineup, Pirelli is a winner with its race-proven products as showcased by its 52 MX1 Championships.
Additionally, Pirelli offers a formidable lineup of off-road tires. The very same rubber used by Paul Whibley to win the 2009 GNCC XC1 Championship is available to all riders, staying true to the motto that Pirelli races what it sells.
Source: MotorcycleUSA.com
Thursday, 19 November 2009
Pirelli, six years in WSB. Going ever faster
Amazingly, it's been six years since Pirelli took on the tyre supply at WSBK. It was a shock at the time, but its been copied, hasn't it?
Pirelli has been the sole tyre supplier to WSB for six years already and, after initial apprehension, most riders in the paddock now see it as a good thing. The suspicions that some riders would still be favoured or that all tyre development would stop dead appear to have been unfounded.
Pirelli sent out us this info which we thought was worth posting up here, since it points out a few things that, frankly, we hadn't considered and didn't know. So here goes for some Pirelli propaganda...
"The first two year period of Pirelli's relationship in WSB was dedicated to refining the service element to guarantee adequate support for all riders in the Superbike paddock. The next step then began a true search for performance, improving lap times and cornerspeed and reducing circuit records. During the last two years, Pirelli has continued to deliver a higher level of performance, but more noteworthy is the stabilization of performance, meaning reduced lap times all the way to the flag.
Relative to this stabilized performance, the measured race time for 2009 decreased an average of 20 seconds over last year, signifying truly faster racing and a consistent competition level. From the 48 dry solutions available to riders this season between the World Superbike and Supersport grids, one front and three rear tyres will enter the 2010 Pirelli Racing product range and be available to all authorized customers on the market.
With as many as 6,000 tyres delivered each weekend on the WSBK calendar, the cutting-edge technologies bred within this environment can be quickly transferred into street product through Pirelli's application of perfected carcass constructions concepts. For example, the new Diablo Rosso Corsa adopts a carcass from the Superbike class and shoulders of its three zones compound rear tyre being an offspring to those used in the Superstock class."
Source: Superbike.co.uk
Pirelli has been the sole tyre supplier to WSB for six years already and, after initial apprehension, most riders in the paddock now see it as a good thing. The suspicions that some riders would still be favoured or that all tyre development would stop dead appear to have been unfounded.
Pirelli sent out us this info which we thought was worth posting up here, since it points out a few things that, frankly, we hadn't considered and didn't know. So here goes for some Pirelli propaganda...
"The first two year period of Pirelli's relationship in WSB was dedicated to refining the service element to guarantee adequate support for all riders in the Superbike paddock. The next step then began a true search for performance, improving lap times and cornerspeed and reducing circuit records. During the last two years, Pirelli has continued to deliver a higher level of performance, but more noteworthy is the stabilization of performance, meaning reduced lap times all the way to the flag.
Relative to this stabilized performance, the measured race time for 2009 decreased an average of 20 seconds over last year, signifying truly faster racing and a consistent competition level. From the 48 dry solutions available to riders this season between the World Superbike and Supersport grids, one front and three rear tyres will enter the 2010 Pirelli Racing product range and be available to all authorized customers on the market.
With as many as 6,000 tyres delivered each weekend on the WSBK calendar, the cutting-edge technologies bred within this environment can be quickly transferred into street product through Pirelli's application of perfected carcass constructions concepts. For example, the new Diablo Rosso Corsa adopts a carcass from the Superbike class and shoulders of its three zones compound rear tyre being an offspring to those used in the Superstock class."
Source: Superbike.co.uk
Wednesday, 18 November 2009
Driving for work - Tips for a safer winter behind the wheel
Bad weather and shorter, darker days in winter pose a danger, with the period between 3pm and 6pm being particularly hazardous, as more people are travelling on the roads, on the way home from work, or school.
To make sure you stay safe on the roads this winter, fleet risk-management solutions provider, Interactive Driving Systems, offers the following advice:
Before you drive – keep yourself and your vehicle in good technical repair to reduce your overall chances of any mishap or disaster while driving in winter weather; prepare your vehicle for winter driving by giving it a complete check-up, and keep your fuel tank near to full to ensure that you do not run out; make sure your tyres are in good order by checking them weekly, or when refuelling; carry an emergency kit for your car in case you get stranded in adverse weather; listen to weather forecasts and, if the weather and visibility are hazardous, ask yourself ‘is this trip really necessary?’
On the road – drive according to current road and weather conditions, making sure that all windows and mirrors are clear and that wipers and defrosters are in good working condition; and drive slowly with low-beam headlights on if visibility is poor, test your brakes frequently, leave a bigger gap and never tailgate.
If the worst happens – if you get stranded, don’t panic. Keep yourself safe, and follow the detailed procedures in your driver’s handbook if you are in a work vehicle; in your own vehicle you should contact the appropriate support organisation and follow their guidance.
For more detailed winter driving advice, visit http://www.thinkroadsafety.gov.uk/ and http://www.brake.org.uk/
Source:SHPONLINE
To make sure you stay safe on the roads this winter, fleet risk-management solutions provider, Interactive Driving Systems, offers the following advice:
Before you drive – keep yourself and your vehicle in good technical repair to reduce your overall chances of any mishap or disaster while driving in winter weather; prepare your vehicle for winter driving by giving it a complete check-up, and keep your fuel tank near to full to ensure that you do not run out; make sure your tyres are in good order by checking them weekly, or when refuelling; carry an emergency kit for your car in case you get stranded in adverse weather; listen to weather forecasts and, if the weather and visibility are hazardous, ask yourself ‘is this trip really necessary?’
On the road – drive according to current road and weather conditions, making sure that all windows and mirrors are clear and that wipers and defrosters are in good working condition; and drive slowly with low-beam headlights on if visibility is poor, test your brakes frequently, leave a bigger gap and never tailgate.
If the worst happens – if you get stranded, don’t panic. Keep yourself safe, and follow the detailed procedures in your driver’s handbook if you are in a work vehicle; in your own vehicle you should contact the appropriate support organisation and follow their guidance.
For more detailed winter driving advice, visit http://www.thinkroadsafety.gov.uk/ and http://www.brake.org.uk/
Source:SHPONLINE
Tuesday, 17 November 2009
New Michelin plant rolls into Chennai
Global tyre major Michelin Group will set up its maiden tyre manufacturing plant in India at Thervoy Kandigai, 50 km north of Chennai in Thiruvallur district, Tamil Nadu. The tyre major has committed to invest Rs 4,000 crore in the plant that will be spread over an area of 290 acres and will absorb 1,500 workers locally.
The manufacturing facility will focus on a range of radial truck/bus tyres. The plant will start operations in 2012 and will focus on the growing Indian market.
Source: BSMotoring
The manufacturing facility will focus on a range of radial truck/bus tyres. The plant will start operations in 2012 and will focus on the growing Indian market.
Source: BSMotoring
Monday, 16 November 2009
36% of motorists in the UK drive with dangerous tyres
Michelin’s 2009 Fill Up With Air campaign results have shown that an alarming 36 per cent of drivers in the UK are driving with dangerous or very dangerously under-inflated tyres*.
The Fill Up With Air tyre safety roadshow, now in its sixth year, took to the roads this summer, visiting 24 cities including Dundee, Manchester and Birmingham to offer drivers a free tyre pressure check and a free fill-up for those with under-inflated tyres.
More than 4,500 cars were checked during the three-month campaign, more than ever before, and only 34 per cent were found to be driving with correctly inflated tyres, while a shocking 6 per cent were driving with punctures.
Michelin’s head of communications, Peter Snelling, said: “Tyres are the only thing keeping a car on the road and it’s all too easy for drivers to take them for granted and not treat them with the utmost care and attention that they deserve.
“This year’s Fill Up With Air campaign figures have, as we predicted, shown a slight deterioration from 2008 which even then positioned us as one of the worse offenders for tyre safety in Europe. We believe this downward trend could be partly due to the economic climate as drivers try to save money wherever they can.
“However, this is a false economy in terms of safety and fuel costs. Incorrectly inflated tyres, bald tyres and damaged tyres are dangerous and can lead to fatal crashes and lives must not be sacrificed for the sake of saving a few pounds. Also, under-inflated tyres have a serious impact on the environment as cars consume more fuel to overcome the increased rolling resistance.”
The results were revealed at the Road Safety Expo 09, the premier road safety conference in the UK, attended by the Road Minister Paul Clark MP and the Chairman of the Global Road Safety Partnership, Patrick Lepercq.
Mr Snelling added: “The Michelin message to Fill Up With Air needs to get through. With petrol prices hurting everyone and the overall cost of motoring rising, it makes so much sense to regularly attend to this simple task. Checking and correcting tyre pressures once a month and before long journeys can save lives as well as money.”
Source: Fleet Directory
The Fill Up With Air tyre safety roadshow, now in its sixth year, took to the roads this summer, visiting 24 cities including Dundee, Manchester and Birmingham to offer drivers a free tyre pressure check and a free fill-up for those with under-inflated tyres.
More than 4,500 cars were checked during the three-month campaign, more than ever before, and only 34 per cent were found to be driving with correctly inflated tyres, while a shocking 6 per cent were driving with punctures.
Michelin’s head of communications, Peter Snelling, said: “Tyres are the only thing keeping a car on the road and it’s all too easy for drivers to take them for granted and not treat them with the utmost care and attention that they deserve.
“This year’s Fill Up With Air campaign figures have, as we predicted, shown a slight deterioration from 2008 which even then positioned us as one of the worse offenders for tyre safety in Europe. We believe this downward trend could be partly due to the economic climate as drivers try to save money wherever they can.
“However, this is a false economy in terms of safety and fuel costs. Incorrectly inflated tyres, bald tyres and damaged tyres are dangerous and can lead to fatal crashes and lives must not be sacrificed for the sake of saving a few pounds. Also, under-inflated tyres have a serious impact on the environment as cars consume more fuel to overcome the increased rolling resistance.”
The results were revealed at the Road Safety Expo 09, the premier road safety conference in the UK, attended by the Road Minister Paul Clark MP and the Chairman of the Global Road Safety Partnership, Patrick Lepercq.
Mr Snelling added: “The Michelin message to Fill Up With Air needs to get through. With petrol prices hurting everyone and the overall cost of motoring rising, it makes so much sense to regularly attend to this simple task. Checking and correcting tyre pressures once a month and before long journeys can save lives as well as money.”
Source: Fleet Directory
Sunday, 15 November 2009
Green laws 'behind tyre dumping'
New recycling laws have seen a rise in conmen preying on businesses by running illegal tyre dumping scams, according to a BBC Wales investigation.
One scam saw tyres being collected for a fee from garages, then abandoned in storage, leaving owners with huge clean-up bills, it is claimed.
Victims criticised the Environment Agency on Taro 9 - produced by BBC Wales for S4C - for a lack of help.
The agency said taxpayers should not pay to clean up private land.
Taro 9 said schemes were being run which took advantage of a recent EU directive stating tyres could no longer be disposed of in landfill sites.
This means garages have to ensure tyres are taken away for recycling.
One north Wales couple advertised themselves as a legitimate business picking up used tyres from garages across the region for a fee, said Taro 9.
Businesses or individuals with storage units on their land were contacted and arrangements were made to store the tyres.
However, the couple then allegedly abandoned the tyres, said the programme.
Gwlithyn Owen, from Denbighshire, claimed more than 3,000 tyres were left on her property.
She said: "The Environment Agency didn't help us, even though we helped them. It cost us three grand [£3,000] to get rid of all those tyres.
"It makes you feel as if you wouldn't help them ever again. You'd rather deal with the problem yourself and just not bother letting them know."
Maria Burt, from Towyn, Conwy county, said she was left with 20,000 tyres at her property.
She added: "It's been a constant worry. Every morning you wake up and it's on your mind all the time. How can you get rid of the tyres?
"Because of the nature of what you've got here you can't just dump it or sell it on or burn it.
"The only way of getting rid of them is the legal way and get a company in."
She said the Environment Agency expected her to pay more than £20,000 to clear her land.
Environment Agency spokesman Iwan Williams said: "We are willing to work with the public to ensure that we dispose of these tyres in a responsible way.
"But the taxpayer shouldn't have to pay for the disposal of tyres from private land."
Taro Naw said the couple escaped arrest by going to Majorca. The programme was unable to contact them to get a response to the allegations against them.
It is estimated that it costs local authorities in the UK around £1.65m a year to clear illegally disposed tyres.
Source: BBC NEWS
One scam saw tyres being collected for a fee from garages, then abandoned in storage, leaving owners with huge clean-up bills, it is claimed.
Victims criticised the Environment Agency on Taro 9 - produced by BBC Wales for S4C - for a lack of help.
The agency said taxpayers should not pay to clean up private land.
Taro 9 said schemes were being run which took advantage of a recent EU directive stating tyres could no longer be disposed of in landfill sites.
This means garages have to ensure tyres are taken away for recycling.
One north Wales couple advertised themselves as a legitimate business picking up used tyres from garages across the region for a fee, said Taro 9.
Businesses or individuals with storage units on their land were contacted and arrangements were made to store the tyres.
However, the couple then allegedly abandoned the tyres, said the programme.
Gwlithyn Owen, from Denbighshire, claimed more than 3,000 tyres were left on her property.
She said: "The Environment Agency didn't help us, even though we helped them. It cost us three grand [£3,000] to get rid of all those tyres.
"It makes you feel as if you wouldn't help them ever again. You'd rather deal with the problem yourself and just not bother letting them know."
Maria Burt, from Towyn, Conwy county, said she was left with 20,000 tyres at her property.
She added: "It's been a constant worry. Every morning you wake up and it's on your mind all the time. How can you get rid of the tyres?
"Because of the nature of what you've got here you can't just dump it or sell it on or burn it.
"The only way of getting rid of them is the legal way and get a company in."
She said the Environment Agency expected her to pay more than £20,000 to clear her land.
Environment Agency spokesman Iwan Williams said: "We are willing to work with the public to ensure that we dispose of these tyres in a responsible way.
"But the taxpayer shouldn't have to pay for the disposal of tyres from private land."
Taro Naw said the couple escaped arrest by going to Majorca. The programme was unable to contact them to get a response to the allegations against them.
It is estimated that it costs local authorities in the UK around £1.65m a year to clear illegally disposed tyres.
Source: BBC NEWS
Saturday, 14 November 2009
Hundreds of tyres left in lay-by
Hundreds of tyres have been found dumped in a lay-by in the Scottish Borders for the fourth time this year.
Scottish Borders Council said clean-up operations at the site at Soutra on the A68 had cost it about £1,300.
A total of 323 tyres - nearly 50 of them from lorries - were left piled up in the lay-by in the latest incident.
Supt Douglas Forsyth of Lothian and Borders Police said they would do all they could to assist the council in catching the culprits.
Councillor Len Wyse said: "These incidents seem to be happening more frequently.
"They are costing the Scottish tax payer £11m-a-year and wasting council resources."
He urged anyone with any information to contact the Dumb Dumpers phone line on 0845 2 30 40 90.
Source: BBC NEWS
Scottish Borders Council said clean-up operations at the site at Soutra on the A68 had cost it about £1,300.
A total of 323 tyres - nearly 50 of them from lorries - were left piled up in the lay-by in the latest incident.
Supt Douglas Forsyth of Lothian and Borders Police said they would do all they could to assist the council in catching the culprits.
Councillor Len Wyse said: "These incidents seem to be happening more frequently.
"They are costing the Scottish tax payer £11m-a-year and wasting council resources."
He urged anyone with any information to contact the Dumb Dumpers phone line on 0845 2 30 40 90.
Source: BBC NEWS
Friday, 13 November 2009
Tyre deflation spike nominated for award
OTRACO has developed a system that allows tyres to be inflated while allowing workers to be removed from potentially hazardous debris, which has seen the company become a finalist in the 6th Annual Australian Mining Prospect Awards.
Traditional methods to deflate the tyre have been to remove the valve assembly if it was accessible, cut the flexible hose, or to drive the tyre onto a spiked plate.
Otraco has developed a tyre spike that produces limited damage to the tyre, deflates the tyre without removal of the spike, and is easily removed from the tyre after deflation without causing further damage or injury to personnel.
The company's new tyre spike removes the need for workers to enter the area and the need for personnel to become exposed to flying debris in the case of removing the valve assembly or cutting the flexible hose as undertaken in previous methods.
Source: MineVehicles
Traditional methods to deflate the tyre have been to remove the valve assembly if it was accessible, cut the flexible hose, or to drive the tyre onto a spiked plate.
Otraco has developed a tyre spike that produces limited damage to the tyre, deflates the tyre without removal of the spike, and is easily removed from the tyre after deflation without causing further damage or injury to personnel.
The company's new tyre spike removes the need for workers to enter the area and the need for personnel to become exposed to flying debris in the case of removing the valve assembly or cutting the flexible hose as undertaken in previous methods.
Source: MineVehicles
Thursday, 12 November 2009
Apollo Tyres exports to rise to 20 pct of sales FY11 Q1
Apollo Tyres expects its exports to rise to 20 percent of sales by the first quarter of 2010/11 from around 12 percent now as a new plant comes onstream in December, its managing director said on Wednesday.
Neeraj Kanwar also said the new plant in Chennai and expansion in other plants would increase the domestic production to 1600 tonnes per day in the first quarter of FY11 from around 1000 tonnes per day now.
Source: In Reuters.com
Neeraj Kanwar also said the new plant in Chennai and expansion in other plants would increase the domestic production to 1600 tonnes per day in the first quarter of FY11 from around 1000 tonnes per day now.
Source: In Reuters.com
Wednesday, 11 November 2009
Pirelli Tyre earnings up in Q3 on reduced costs
Pirelli Tyre S.p.A. reported measurable gains in operating and net income in the third quarter as sales nearly equalled those of the 2008 period.
Pre-tax operating income before restructuring charges jumped nearly 55 percent to $207.3 million as sales hit $1.52 billion. Net income more than quintupled to $52.6 million.
Pirelli attributed the earnings improvement to a decline in raw materials costs, the focus on price/mix, actions for greater competitiveness and a recovery in the market, accompanied by sales growth at higher rates than the market in all areas.
Revenues for the nine months ended Sept. 30 amounted to $4.32 billion, down 4.5 percent from the 2008 period. Pre-tax operating income for the year to date was up 1.2 percent to $558.8 million, improving the profit ratio a full point to 12.9 percent.
Pirelli reported sales in its consumer business rose 3.1 percent to $1.07 billion on improved replacement market demand and smaller-than-expected declines in OE sales. Sales for the nine-month period were down 4.5 percent to $3.08 billion.
Industrial business sales fell 12.2 percent in the quarter to $447.7 million and 16.7 percent for the year to date to $1.24 billion.
Pirelli said the industrial segment is more cyclical because it is linked to macro-economic performance, thereby accounting for lower tire and steelcord sales.
Source: TIREBUSINESS.COM
Pre-tax operating income before restructuring charges jumped nearly 55 percent to $207.3 million as sales hit $1.52 billion. Net income more than quintupled to $52.6 million.
Pirelli attributed the earnings improvement to a decline in raw materials costs, the focus on price/mix, actions for greater competitiveness and a recovery in the market, accompanied by sales growth at higher rates than the market in all areas.
Revenues for the nine months ended Sept. 30 amounted to $4.32 billion, down 4.5 percent from the 2008 period. Pre-tax operating income for the year to date was up 1.2 percent to $558.8 million, improving the profit ratio a full point to 12.9 percent.
Pirelli reported sales in its consumer business rose 3.1 percent to $1.07 billion on improved replacement market demand and smaller-than-expected declines in OE sales. Sales for the nine-month period were down 4.5 percent to $3.08 billion.
Industrial business sales fell 12.2 percent in the quarter to $447.7 million and 16.7 percent for the year to date to $1.24 billion.
Pirelli said the industrial segment is more cyclical because it is linked to macro-economic performance, thereby accounting for lower tire and steelcord sales.
Source: TIREBUSINESS.COM
Tuesday, 10 November 2009
Pirelli Announces Further $100 Million Investment for Brazil, Latin America
Worldwide, Pirelli anticipates its specialised tyre segment to expand a total of 7.5 per cent over the next three years, and growth in Latin America and particularly Brazil is expected to be far stronger. The Italian manufacturer estimates sales of for construction, digging and mining vehicle tyres in these two markets to increase by 25 per cent and 37 per cent respectively, and to accommodate this development the Pirelli Group has announced plans to invest US$100 million in its Latin America specialised tyre operations. Strengthened by this injection of funds, Pirelli intends to recommence the global export of these products from the region as of 2011.
Plans to invest in the region’s specialised tyre segment were announced during November’s Brazil-Italy Economic Forum in Sao Paolo, and are additional to the $300 million investment plan for the 2008 to 2011 period announced in July. The latest $100 million, says Pirelli, will be invested in the development of advanced radial technologies for construction, digging and mining and agricultural vehicle tyres. Research and development will take place at the company’s recently expanded special vehicles technology hub in Santo André, Brazil, and the manufacturing facility at the same site has been earmarked as a centre for the production of earthmover tyres. Manufacturing capacity for agricultural tyres in Santo André will also be modernised and enlarged.
Pirelli states this focus upon the earthmover and agricultural tyre businesses in Brazil is intended to consolidate the company’s leadership in Latin American markets and satisfy increasing demand: In addition to the aforementioned growth in the OTR tyre segment (which is mainly linked to large projects such as the new Panama Canal, the 2014 World Cup in Brazil and the 2016 Olympics in Rio de Janeiro), the agricultural segment in Brazil and Latin America is tipped to grow by 20 per cent and 15 per cent respectively (compared with 2008) in the years between 2010 and 2013. The $100 million investment will accommodate such increases by funding an overall 40 per cent increase in OTR and agricultural tyre production in the three years between 2010 and 2012.
Source: TYRE PRESS
Plans to invest in the region’s specialised tyre segment were announced during November’s Brazil-Italy Economic Forum in Sao Paolo, and are additional to the $300 million investment plan for the 2008 to 2011 period announced in July. The latest $100 million, says Pirelli, will be invested in the development of advanced radial technologies for construction, digging and mining and agricultural vehicle tyres. Research and development will take place at the company’s recently expanded special vehicles technology hub in Santo André, Brazil, and the manufacturing facility at the same site has been earmarked as a centre for the production of earthmover tyres. Manufacturing capacity for agricultural tyres in Santo André will also be modernised and enlarged.
Pirelli states this focus upon the earthmover and agricultural tyre businesses in Brazil is intended to consolidate the company’s leadership in Latin American markets and satisfy increasing demand: In addition to the aforementioned growth in the OTR tyre segment (which is mainly linked to large projects such as the new Panama Canal, the 2014 World Cup in Brazil and the 2016 Olympics in Rio de Janeiro), the agricultural segment in Brazil and Latin America is tipped to grow by 20 per cent and 15 per cent respectively (compared with 2008) in the years between 2010 and 2013. The $100 million investment will accommodate such increases by funding an overall 40 per cent increase in OTR and agricultural tyre production in the three years between 2010 and 2012.
Source: TYRE PRESS
Wednesday, 4 November 2009
Transport chief welcomes offer of recycled tyres
HIGHLAND Council’s transport chief has welcomed a businessman’s offer to supply recycled tyres for a range of uses including road building and flood defences.
John Laing, chairman of the transport, environmental and community services committee, said he would encourage the use of the spent rubber if the demand is there.
Dennis Scott of Lodgehill Park, Nairn, who runs Northern Tyre Recycling at Evanton Industrial Estate in Ross-shire, currently has about 2,000 old tyres in his yard ready for use.
Mr Laing, who has forwarded the proposal to the authority’s roads officials, said: “They are well aware of the myriad of uses that baled tyres can be put to.
“It is an ideal use of a waste product. If there was the opportunity to use them we would certainly be doing so.” Tyre bales have already been used in the north on a stretch of the B871 road between Kinbrace and Syre in Sutherland, which Mr Scott supplied in 2002, and in the foundations of a house built at nearby Skerray, which features in a recently published book by photographer Mike McCartney. The recycling process involves compressing the tyres in bales, each weighing about a tonne, which can then be used in many ways, including the construction of waterways, riverbanks and culverts.
Source: pressandjournal
http://www.pressandjournal.co.uk/Article.aspx/1458614?UserKey=#ixzz0VhQQqIlh
Tuesday, 3 November 2009
JK Tyre to increase radial supplies
JK Tyre & Industries is looking to increase direct supply of truck and bus radial tyres to commercial vehicle makers like Tata Motors and Ashok Leyland by three times in the next two years.
The company, which recently increased the production capacity of truck and bus radials to eight lakh units annually, sells only five per cent of it to original equipment manufacturers (OEMs), with the rest going to the after sales market.
“In truck and bus radials, our sales to OEMs is only around five per cent of our annual total production. We are now looking to increase the share by three times to 15 per cent within the next two years,’’ the Vice-Chairman and Managing Director, Mr R.P. Singhania, told PTI.
He said the rate of radialisation (changing from traditional tyres that use nylon threads to the one that uses steel wire) among truck and bus manufacturers is increasing rapidly and JK Tyre is aiming to tap this market.
“Companies like Tata Motors and Ashok Leyland have increased the use of radials and we are hopeful of tapping the market offered by OEMs,’’ Mr Singhania said.
He said currently in India, the overall radialisation in trucks and buses is only 10 per cent but the figure is going to increase to 25 per cent within the next five years.
Source: The Hindu Business Line
Monday, 2 November 2009
Bridgestones to end F1 ties
Bridgestone Motorsport have announced they are pulling out of Formula One at the end of next season.
The Japanese company was appointed official tyre supplier ahead of the 2008 season on a three-year contract.
Despite being in F1 since 1997, Bridgestone have decided not to renew the deal, citing the need to redirect their resources.
Hiroshi Yasukawa, director of Bridgestone Motorsport, said: “The decision made by the board of directors comes after considerable and lengthy evaluations.
“While we understand and respect the reasons for this decision, it has nevertheless come as a great disappointment.
“Bridgestone’s relationship with Formula One stretches beyond being a tyre supplier.
“Formula One has been of strategic importance to Bridgestone in developing its technologies, raising the company’s brand awareness and providing its strategic business units around the globe with promotional and marketing tools that are intrinsically linked to our company’s core products.
“It remains only to reiterate that Bridgestone continues to be wholly committed to the provision of safe tyres of the highest quality to Formula One in 2010 and to the running of its tyre servicing operation at the highest level.”
Source: The Press Assosiation
Sunday, 1 November 2009
Red Bull have Day in the Sun
Despite all the opulence, and the stunning Yas Hotel roof whose colours flickered dramatically as day turned to dusk in the inaugural day/night race here, only Jenson Button’s late charge in pursuit of Mark Webber saved the Abu Dhabi Grand Prix from being the Abu Dullbi race.
Once a brake problem had stymied Lewis Hamilton’s bold surge from pole position in his McLaren, Sebastian Vettel had no competition as he led Webber home in a season-ending Red Bull one-two. The young German’s brilliant win cemented second place for him in the drivers’ world championship behind Button, who exorcised all his ghosts of any shaky performances this season to enliven what had hitherto been a very tepid affair.
Hamilton led from the start, but was already beginning to experience retardation problems before he refuelled on the 17th lap. Twice he had run wide in the sweeping corners that are a feature of the Yas Marina track, and when Vettel ran three laps longer before stopping he was able to negotiate the unusual underground pit lane exit to emerge comfortably in the lead. Soon afterwards Hamilton’s challenge ended when McLaren had to withdraw his car after the telemetry revealed a problem with the right rear brake pads which were suffering from excessive wear.
Source: The Independent
Subscribe to:
Posts (Atom)