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March 29, 2012

Yokohama plans a $53 million plant in India

Yokohama Rubber Co. Ltd. has announced it will construct a passenger tire plant in the state of Haryana adjacent to Delhi, India. The estimated investment in building the plant is 4.4 billion yen (approximately $53 million).

Tags: India, Plant capacity, Tire plant

August 21, 2011

Natural rubber shortage: What, me worry?

With fill rates pretty decent for the first time this year, talk about a natural rubber shortage seems unimportant.

Tags: B.O.B., India, Natural Rubber, Price increases, Raw material costs

July 26, 2011

Apollo helps ralliers at Monsoon Challenge

Apollo Tyres, India's leading tire manufacturer, partnered with vehicle manufacturer Mahindra & Mahindra for Monsoon Challenge 2011, one of the biggest and certainly the most rewarding, TSD (Time, Speed, Distance) rallies on the Indian off-roading scene.

Tags: Apollo Hawkz, India, Motorsports

May 12, 2011

Despite 'challenging' year, Apollo profits

Apollo Tyres Ltd. posted net profit of 4.4 billion rupees on net sales of 88.6 billion rupees for its fiscal year ended March 31, 2011. That compares to profit of 6.5 billion rupees on sales of 81.2 billion rupees for its previous fiscal year.

Tags: Apollo financials, India, Onkar Kanwar, Raw material costs

April 18, 2011

Continental buys India-based Modi Tyres

Continental AG, the world’s fourth largest tire manufacturer, has signed an agreement with Modi Rubber Ltd. to acquire its Modi Tyres Co. Ltd. subsidiary.

Tags: Acquisitions, India, Plants

February 11, 2011

Apollo earns $12 million in third quarter

Apollo Tyres Ltd. recorded net income of 541 million rupees on net sales of 14.3 billion rupees for its third quarter ended Dec. 31, 2010. That compares to income of 1 billion rupees on sales of 13.2 billion rupees for the same period a year earlier.

Tags: Apollo financials, India

January 18, 2011

Apollo’s Chennai facility reaches milestone

After 10-months of production, Apollo Tyres’ newest greenfield plant in the southern Indian city of Chennai has produced its millionth passenger vehicle tire – an Apollo Acelere 185/65 R14.

Tags: Apollo Tyres, India

December 9, 2010

Alliance Tire Group is certifiable in India

Alliance Tire Group's tire production facility in India recently was awarded ISO 14001:2004 certification by TUV Rheinland, a third party certification agency for product safety and quality.

Tags: Ag tires, India, OTR tires, Plant capacity, Tire manufacturing

August 23, 2010

Lockout at major Apollo plant ends

The two-month lockout at Apollo Tyres Ltd.'s Perambra, India, plant has ended as the company and two unions have come to a resolution.

Tags: Apollo Tyres, India, Labor relations

June 21, 2010

First Tyrexpo India exhibition to be held in 2011

Balkrishna Tyres (BKT), Elgi Rubber and Omni United have become the first major companies to commit to supporting the inaugural staging of Tyrexpo India, which will be held at the Chennai Trade Centre next year.

Tags: India, Trade show, Tyrexpo India

March 30, 2010

Bridgestone will build second plant in India

Bridgestone Corp. will build a new, 50 billion yen passenger and medium truck tire plant near Pune, India. Car tire production is scheduled to start in January 2013.

Tags: Bridgestone Corp., India, Medium truck tires, Passenger tires

March 3, 2010

Truck tire imports were down -- even from China

United States truck tire import numbers for 2009 are in, and guess what? The numbers are down.

Tags: Chinese imports, India, Truck tire shipments

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