Rubber & Plastics News has details on Goodyear’s recently detailed plans to expand its capacity for high-value added tires around the world. The program is budgeted at nearly $800 million through 2019 and involves projects at plants in the US, Mexico, South Africa, China, and India.
September 23, 2016
September 18, 2016
There have been several significant tire plant capacity expansions announced over the last few weeks, as well as one plant closure. Here are details and links for more info.
Bridgestone has completed its new in Ulyanovsk Oblast, Russia and expects to start the plant by year-end 2016, with ramp-up through 2018 to 12K units/day of winter passenger car tires. (Tire Business)
Goodyear is considering investing in Topeka, Kansas. (Rubber & Plastics News)
Sumitomo is investing $87M to double capacity for car and light truck tires to 10K u/d at Tonawanda, NY. (Rubber & Plastics News)
Qingdao Sentury will spend $530M to build a new PC/LT tire plant in Lagrange, Georgia. Another huge new project for the growing US tire industry. (Modern Tire Dealer)
Goodyear is adding capacity for aircraft tires at its car and truck tire plant in Bangkok, Thailand in a project valued at $162M. (Rubber & Plastics News)
Finally, Sameer Africa Ltd., which is the former Firestone East Africa Ltd., will shut down its 47-year-old factory in Nairobi, Kenya and will outsource production to China and India. This was Kenya’s only tire plant, producing car, light truck, truck/bus, agricultural, and off-road tires. (Rubber & Plastics News)
September 9, 2016
Cancarb Limited today announced the appointment of R.D. Abbott Company, Inc. (Cerritos, CA) as Cancarb’s agent for Thermax brand thermal black to the rubber industry in the US and Canada, effective January 1, 2017.
Cancarb Limited, a subsidiary of Tokai Carbon, is the world’s leading producer of medium thermal black. R.D. Abbott is a US-based supplier to the rubber industry.
The Investor reports that OCI has completed its joint venture carbon black plant in Shandong, China, which will operate as OCI Jianyang Carbon Black Company. OCI’s partner in the venture is Zaozhuang Mining Group (Shandong Energy). The new factory has 80,000 tons of annual capacity.
August 29, 2016
The US Department of Commerce today made an affirmative preliminary determination in the antidumping duty investigation for truck and bus tires imported from China. The Commerce Department issued a fact sheet on August 29 that proposed a 20.87% preliminary dumping rate against one of the two of the mandatory respondents in the investigation, Prinx Chengshan (Shandong) Tire Co. Ltd. The other mandatory respondent, Double Coin Holdings Ltd., is not eligible for a separate rate and so is included in the China-wide entity dumping rate of 22.57%. No other Chinese tire producers or exporters responded to the Commerce Department’s requests for information and so will be subject to the 22.57% preliminary dumping rate.
Commerce began its investigation into Chinese imports of truck and bus tires on February 19, 2016, responding to petitions filed by the United Steelworkers with the International Trade Commission. The petitions sought antidumping and countervailing duties against the Chinese imports. On June 28, Commerce issued a notice that it had found preliminary affirmative evidence of government subsidies, issuing preliminary countervailing duties. Commerce’s final decision in the investigation is due on January 17, 2017.
August 18, 2016
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August 9, 2016
Sumitomo Rubber Industries will double capacity for passenger car and light truck tires in Tonawanda, New York by the end of 2019. The project is budgeted at $87 million and will take capacity to 10,000 tires per day.
July 24, 2016
R&P News reports that Sumitomo Rubber Industries is adding truck tire capacity at its 3-year-old plant in Fazenda Rio Grande, Brazil. The company will spend $96 million to add capacity for 500 u/d of truck tires, with production to begin in March 2019. Another $54 million will be spent to expand capacity for car and light truck tires.
July 21, 2016
On July 20, Evonik Industries announced that it had started up its new precipitated silica plant in Americana (São Paulo) Brazil. The plant focuses on highly dispersible silica used mainly for high-quality, low rolling resistance tires. In addition, the plant will serve various specialty silica segments, including the food, animal feed, and agricultural industries. Evonik has not disclosed the capacity of the new plant or the total investment, though it did say the project budget was in the “mid-double-digit euro range.”
In a company press release, Dr. Johannes Ohmer, member of Evonik’s Board of Management of the Resource Efficiency Segment, said: “The new plant in Americana now enables us to offer our products and solutions to our Brazilian and regional customers as well. Thanks to our dependability, outstanding services, and top-quality products, we provide customized solutions.”
July 15, 2016
Earlier this month, Tokai Carbon announced a restructuring plan for its Chinese carbon black business, Tokai Carbon (Tianjin) Co., Ltd. The plant will remove one production line, reducing capacity from 110,000 tons to 70,000 tons. Some of the related facilities to the production line will also be optimized for less energy operation. In addition, remaining production at the plant will focus more on special carbon black products, which are high value added products. These changes are expected to be completed by the end of 2016.
The restructuring plan was approved at a Board of Directors meeting on June 23, 2016.