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AFRICA
Depneu De Mozambique to Open Second Retread Plant in Nampula by end of 2016
central city of Beira.
Currently, the market is facing a price challenge as the dollar rate keeps fluctuating and the Mozambique currency Metical suffered a sharp devaluation due to the strengthening of the dollar since the last quarter of 2014.
“Moreover, retreading companies importing rubber from India have to pay higher import duty compared to South African Development Community (SADC) member countries,” he stated.
Indian owned Centro Depneu De Mozambique has one plant in the Mozambique capital Maputo and is planning for one more in the Northern part of the Southern African country. “We are planning a second plant in Nampula, as it is emerging as a good future growth market,” said Siyad TM of Centro Depneu De Mozambique LDA.
maker Hi Tech, which is said to be stable and has been performing well for the last six years. “We would likely to order an autoclave with Hi Tech again,” said Siyad.
On the reason for opening a plant in the North, Siyad said, “There is no retread plant in Nampula and it is a key transport hub in the North,
Malawi Tyre Retailer Plans Retreading Foray
Blantyre based importer and distributor of tyres, Associated Suppliers, has announced it is planning to make a foray into tyre retreading. The company also provides services like fitting and alignment. “We are among the leading suppliers of tyres in Malawi and stock wide range of tyres. We are distributors of Goodyear, Dunlop and Infinity Tyres,” said Shamil Omar of Associated Suppliers.
The company is planning to set up a retread plant in Blantyre, the capital of Malawi.
“We have observed opportunities in the retreading sector as lot of our clients keep inquiring about tyre retreading when they visit us for buying new tyres,” young Omar said. He thinks that tyre
retreading is economical and there is lots of potential to grow the industry in Malawi.
The company has been in the tyre business for the last three decades, and expansion in retreading is natural as it helps in provide a complete tyre solution under one roof. “There are around 5 retreaders in Malawi and room for us as well,” said Omar, who was attending Tyrexpo Africa in Johannesburg. “We are looking for equipment, rubber or an entire retread plant,” Omar said. Associated Suppliers has required space for the retreading plant behind its retail outlet and has ambitious plans to expand in to other cities of Malawi including Lilongwe and the upcoming city of Mzuzu.
Siyad TM of Centro Depneu De Mozambique LDA
Shamil Omar of Associated Suppliers
Nampula is the capital of Nampula Province in Mozambique and is the third largest city in Mozambique after Maputo and Beira. Nampula is also regarded as a major business centre in the North and is a local transport hub offering air connectivity with the key African cities of Nairobi in Kenya and Johannesburg in South Africa. The Maputo plant started in 1995, retreading around 1,000 tyres per month by the precure process with Cochin based Tolins Tread. It has one 12-tyre chamber, supplied by Coimbatore based equipment
which makes it a ready market for a retread plant.”
The company plans to install a 12 tyre chamber in the
proposed plant and is targeting a production level in excess of 1,000 tyres each month; more than that of the Maputo plant. “The second plant is likely to be operational in Nampula by the end of 2016,” he confirmed. According to Siyad there are only four or five retread plants operating in the whole country. There are two additional plants in Maputo, one operated by Leader, the other by Bandag. Leader also has a plant in the
Marzi-Egypt to Start Ringtread Plant in Alexandria
46 Retreading Business
Business and industrial confidence is returning to Egypt, which has seen violent anti- regime protests in the past few years. Fresh investment and economic activity was almost at a standstill for quite some time. However, increasing
IPO openings are showing clear signs of returning normality in
Egypt’s business environment. The ongoing economic recovery and increasing stability in Egypt has encouraged capital market activity. An investor conference in early 2015 saw investment pledges of US$36 billion for the country's various economic sectors. Inward foreign investment is estimated to exceed