News from Notch Consulting, Inc.

December 4, 2019

Cooper & Sailun produce first tire at new plant in Vietnam

Filed under: Tires — Notch @ 12:27 am

Cooper Tire & Rubber and Sailun Vietnam Co., Ltd. recently celebrated production of a first tire at ACTR, their new joint venture facility located near Ho Chi Minh City, Vietnam. Cooper owns 35 percent of ACTR, which will produce truck and bus radial (TBR) tires for global markets. The ceremonial first tire was the centerpiece of a special event held at the facility on Nov. 18 to celebrate construction of the plant.

The plant is expected to be operational and producing tires on a commercial level by early 2020. At full capacity, production is expected to be approximately 2 million tires annually.

 

Kal Tire opens OTR tire retread plant in Mexico

Filed under: Tires — Notch @ 12:07 am

Tire Business reports that Canada-based Kal Tire, one of North America’s largest commercial tire dealers, has opened an OTR tire retreading facility in Canancea, Mexico in order to supply a number of open-pit copper mines in northwest Mexico. Kal Tire operates four other earthmover tire retreading facilities located in Vernon, British Columbia; Alfreton, England; Accra, Ghana; and La Negra, Chile.

The new OTR retread plant is the company’s first to use a robot for skiving and tread grooving, improving access to custom tread designs to best suit each site’s conditions. This technology was developed in collaboration with Marangoni Group’s Tyre Retreading Machinery (TRM) business, which is based in Trento, Italy.

The 32,300-square-foot factory is designed to process tires with rim diameters up to 63 inches. Current capacity is 80 tires per month initially, but capacity can be increased to meet demand. The factory employs 40 workers. The cost of the investment was not disclosed.

November 26, 2019

Bridgestone brings first at-scale use of recovered carbon black to tire market

Filed under: Carbon Black, Recovered Carbon Black, Tires, Uncategorized — Notch @ 1:49 am

On November 20, Bridgestone Americas, Inc. announced the industry’s first at-scale use of recovered carbon black (rCB) in the tire market as part of its long-standing partnership with Delta-Energy Group, LLC.

The move to at-scale commercialization of D-E Black®, Delta-Energy Group’s proprietary rCB product recovered from EOL tires, marks a significant milestone in achieving Bridgestone Group’s long-term environmental vision of targeting 100% sustainable materials – and contributing to a reduction of over 50% CO2 emissions – by the year 2050 and beyond. The process by Delta-Energy Group to extract materials produces 81% less COper ton as compared to virgin carbon black. The investment also serves Bridgestone’s larger mission to drive toward a circular economy that eliminates waste through the continual use of resources, according to the company.

Bridgestone began evaluating Delta-Energy’s materials in 2007 and became an equity partner in late 2014. Since that time, the use of D-E Black as a partial replacement for vCB in new tires has undergone extensive testing to ensure compliance with the high standards and superior quality and performance for which Bridgestone tires are known. To date, Bridgestone has purchased approximately 235 metric tons of rCB, the equivalent of more than 70,000 EOL tires, resulting in the reduction of approximately 765,000 pounds of COemissions, compared to using vCB. By the end of 2020, Bridgestone plans to increase the use of D-E Black to 6,800 metric tons, equivalent to about 2 million EOL tires and a reduction of about 24 million pounds of carbon emissions.

Bob Genovese, Delta-Energy CEO, said in the press release that Delta-Energy has plans to build several more plants in North America over the next few years to produce D-E Black. Bridgestone is using D-E Black in high-quality tires for agriculture and passenger applications across multiple plants in the Americas, including the Bridgestone Des Moines Agriculture Tire Plant, Aiken County Passenger Tire Plant, and the Bridgestone Cuernavaca Tire Plant. The company is currently evaluating new opportunities to expand its usage of D-E Black into additional plants and product lines.

October 7, 2019

Hankook postpones truck tire plant in Hungary

Filed under: Carbon Black, Rubber Chemicals, Silica, Tires — Notch @ 2:06 pm

Tire Business (via European Rubber Journal) reports that Hankook Tire & Technology Co. Ltd. has postponed plans to establish a $318 million truck and bus tire plant at its existing car tire factory in Rácalmás, Hungary. The project was announced in March 2018 and involved the construction of a separate plant to produce 550,000 medium and heavy truck/bus tires per year. The postponement does “not mean the cancellation of that plan,” Hankook said in a written statement to ERJ on Oct. 2.

The current economic downturn, especially in the automotive industry, was a factor behind the decision, said Felix Kinzer, head of communications at Hankook Tire Europe. The tire maker, he added, is undergoing “mediations” with various stakeholders for future execution of the plan, which would mark the site’s fourth round of expansion.

“Our company has a mid- to long-term plan for truck tire sales growth on the European continent and is reviewing various options,” Mr. Kinzer said.

October 6, 2019

Nokian’s US plant begins production

Filed under: Carbon Black, Rubber Chemicals, Silica, Tires — Notch @ 7:22 pm

On October 2, Nokian Tyres celebrated the official opening of its North American production factory in Dayton, Tennessee. The 830,000-square foot complex will produce approximately four million tires per year once it reaches full capacity. At that stage, the company will employ as many as 400 workers. The factory is currently in the trial production stage and will be ready to make tires for commercial use in early 2020. Nokian Tyres broke ground on the factory in September 2017, and the company has set a goal to double its North American sales in five years. Founded and headquartered in Finland, Nokian Tyres operates factories in Finland, Russia, and now the United States. At the Dayton factory, the company aims to fill expanding North American demand and seize on opportunities in the all-season and all-weather markets.

 

September 22, 2019

Yokohama in talks to acquire Prometeon

Filed under: Tires — Notch @ 9:39 pm

Tire Business reports that Yokohama Rubber is in advanced talks to acquire Prometeon Tire Group, the former industrial tires unit of Pirelli.

In a written statement to ERJ, a source close to PTG minority shareholder Aeolus Tyres said negotiations were ongoing on the subject – without elaborating further.

“YRC have signed a ‘no shop’ [exclusivity] contract with PTG and are now conducting a thorough due diligence,” said another contact, adding that the deal was in a ” fairly advanced” stage.

 

August 14, 2019

BKT suspends plans for US tire plant

Filed under: Tires — Notch @ 3:38 pm

Tire Business reports that Balkrishna Industries Ltd. (BKT), an Indian producer of OTR tires, is suspending its plans for a U.S. tire factory, citing “business uncertainties” related to difficult macroeconomics and the “volatile” climate conditions. BKT announced plans to invest $100 million in a new tire plant in the US last October.

Nexen to inaugurate new Czech tire plant

Filed under: Tires — Notch @ 3:34 pm

Korea’s Nexen Tire will hold an opening ceremony for its new $1 billion tire plant in the Czech Republic on August 28. The plant, located in the Triangle Strategic Industrial Zone in Zatec, began trial production in April and recently began supplying customers. The 7 million-sq.-ft. factory had 3 million units of capacity at start-up and is expected to increase to 11 million by 2022. The Czech deputy minister of industry and trade, Petr Očko, is expected to join Nexen CEO Travis Kang and Chairman Byung-Joong Kang at the plant’s ceremonial opening on Aug. 28, Nexen said.

August 8, 2019

Michelin expands Tweel offerings for skid steers

Filed under: Tires — Notch @ 11:54 am

Tire Business reports that Michelin North America has expanded the range of its Tweel non-pneumatic tire/wheel hybrid with a pair of products designed for skid-steers with maximum loads of up to 4,400 pounds. The Tweel SSL AT2 and HST2 are designed for all-terrain and hard-surface applications, respectively. Michelin launched the tires in size 12N16.5, which has applications in construction, paving, agriculture, recycling, landscaping, refuse and contracting.

July 31, 2019

Toyo picks Serbia as site for new tire plant

Filed under: Tires — Notch @ 9:27 pm

From R&P News comes the news that Toyo Tire will build a $450 million passenger and light truck tire plant in Europe. Toyo has selected a 150-acre site about 35 miles northwest of Belgrade for the factory, which will be rated at 5 million units a year at full capacity. Toyo plans to break ground in May 2020 at the site in Indija, Serbia, with production slated to start by January 2022. The plant is expected to hit full capacity by summer 2023 with 500 employees, Toyo said. The plant will be Toyo’s eighth tire factory worldwide and make Toyo the 15th global tire company with production capacity in Europe.

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