Page 12 - RB-62-12-3

NEWS
NTS Profits Soar
Zimbabwe’s National Tyre Services’ (NTS) operating profit rose 72 per cent to $888,997 for the full year ended March 31 2012 on the back of growth in new tyres.
New tyre volumes were up 17 per cent buoyed by an increase in the contribution of high value truck and off the road tyres.
Revenues rose to $15,9m from $11,3m during the comparative period.
During the period under review, NTS re-opened two branches in Chiredzi and Kwekwe to increase its visibility on the market.
“Capacity utilisation in the Harare truck retreading factory also increased in the current year.
“This resulted in the re-opening of the of the Bulawayo factory in February 2012 in order to decongest the Harare factory and offer improved turnaround time to the Bulawayo market,” said NTS in a statement accompanying its financial
results.
NTS said the growth in the national fleet and mobile plants offered the group opportunities to grow its revenues and market share.
It warned, however, that the anticipated increases in rubber and oil prices, coupled with unreliable energy supply, would have a negative impact on pricing and margins.
The company also attributed the growth in revenues to efficient supply chain management, a wider distribution network and brand awareness.
“Despite pressures on overheads linked to the electricity tariff, distribution costs and wage increases as well as facilities and plant refurbishments, operating profit increased by 72 per cent over the prior year as a consequence of various productivity enhancement initiatives and strategic cost management,” NTS said.
Techking Launches Canadian Service Centre
Chinese tyre manufacturer, Techking Tires Limited, has launched its first Techking Service Centre (TSC) in Canada.
As a Techking Service Centre, Pneus Lanoraie Inc. will offer
one-stop repairing and retreading services to customers in Quebec Province and its neighbouring territories.
Pneus Lanoraie is the largest cold retread company in Canada. Any users or retailers of Techking services out of Pneus Lanoraie’s territories will receive subsidies from Techking for any incurred service charges, Techking notes. The subsidy to Techking retailers is a 15 per cent discount of the total repairing cost, excluding transportation expenses, and $100 cash back for each retread.
12 Retreading Business
Dawson Rentals Opt for Bandvulc
Following extensive negotiations, Dawson Rentals has chosen Bandvulc Tyres to supply its commercial tyre requirements plus management of its casing collections across the UK. Benchmarking on each and ever y
led us to select Bandvulc” commented Steve Miller, Group Managing Director for Dawson Group plc.
For Bandvulc, Commercial Director Philip West commented; “We’re delighted to add Dawson
aspect of tyre supply took place to ensure that Dawson Rentals maintained and improved its already first class service to its clients and this process saw Bandvulc come through to be successful. Dawson Rentals has built a reputation of ‘best in service’ and it was Bandvulc’s commitment to service delivery and overall ethos which reflected its own and led to the award. “The Bandvulc Group, like ourselves has an industr y leading name in its specialist field and of course we have synergies with both of our end-user clients. It was this, combined with a professional approach to business and a visible investment programme in its products which
Rentals to our portfolio of blue chip companies. It is testament to our products and our tyre management team that we continue to deliver and exceed customer expectations.”
The formal agreement sees Bandvulc supplying a range of products to Dawson Rentals throughout the UK including the management of its used tyres to aid cost reduction and importantly support environmental considerations.
“By adopting Bandvulc we’re ver y confident that our impact on CO2 and control of waste will be improved which only adds to our product offer” further added Steve Miller.
Goodyear Retread Plant for Ukraine
As Goodyear consolidates its retreading operations in the EU it is also expanding in new markets. Igor Perepyolkin. Goodyear’s head of consumer tyres in the Ukraine told Retreading Business that he was investigating the development of a tyre collection system for Goodyear tyres to enable the development of the soon to open retread operation in the Ukraine.
He explained that the Ukraine had a rather unique tyre network and the market needed
a specifically Ukrainian approach to ensure a steady supply of suitable casings for retreading. The company was looking at the available casing collection services in other European markets and planned to custom design its own service to ensure the feedstock for the new plant.
The road network, overloading, and high mileages were all issues that impacted on casing availability in the Ukraine.
Russian Retreader Steps into Mining Exhibition
Volga-based tyre retreader Bontyre Retreading took a step to promote its products by attending the "Russian Coal and Mining 2012" exhibition in Novokuznetsk, in early June 2012.
The company displayed its large OTR retread tyre in size 33.00 R 51, alongside a full range of new and retreaded truck tyres.
Bontyre offer its new tyre clients
a buy back service, offering between 6 and 10 per cent of the new cost of the tyre if the casing is retreadable.
The company mailed its clients and invited members of the trade to contact them in return from free entry tickets to the show. The exhibition itself was attended by some 21,000 visitors.