EU levy on Chinese tyres fuels UK retread market
Demand for retreaded tyres is soaring after the European Commission introduced a levy on tyres imported from China in May.
Bridgestone is scaling up production at its Bulldog retread factory in Lincolnshire by 25% to meet the increased demand.
The anti-dumping regulation, which started on 7 May, introduced a charge of between €52.85 (£46.76) and €82.17 per tyre for all Chinese imports of new, retreaded and rubber tyres.
The effect of the anti-dumping legislation has been immediate, according to Bridgestone truck and bus product manager Terry Salter. He said: “There has been a direct and positive reaction among our network of Bandag [Bridgestone’s retread brand]dealers.
“Four franchisees have started recruiting additional staff to support an increase in production.”
Bridgestone is also ramping up is investment programme to meet the increased demand with the purchase of a new tyre pressure chamber at the Lincolnshire factory.
Salter said that Bridgestone’s strategy to maintain investment in retread technology and its Bandag network in the face of stiff competition from Chinese tyre manufacturers in recent years had paid off.
He said: “Throughout the very difficult climate, Bridgestone has stayed committed to its retread proposition and franchised Bandag network of retread factories.”
7 O-licence applications and decisions that got our attention this week - 13 July 2018
Maritime Transport has applied to base 25 vehicles and 30 trailers at a new operating centre on the Towngate Business Centre, Everite Road, Widnes.
XPO Transport Solutions UK has applied for authorisation for 30 vehicles and 40 trailers to be based at the Saint Gobain PAM site in Lows Lane, Stanton-By-Dale, Ilkeston.
Montgomery Tank Services has been granted permission to increase authorisation at its operating centre at Green Place, Walton Summit Centre, Bamber Bridge, Preston, to 20 vehicles and 20 trailers.
Warburtons wants to increase authorisation at its operating centre in Enterprise Way, Cowes, to four vehicles.
Howard Tenens Logistics wants to base five vehicles and 10 trailers at a new site at Stevensons Close, Andover.
William Gilder has been given permission to increase authorisation at its existing operating centre at the Teddington Truck Stop, Teddington Hands, Tewkesbury, to 70 vehicles and 80 trailers.
Panther Warehousing wants to base four vehicles and six trailers at Huntsman House, Eastern Road, Bracknell; four vehicles and four trailers at a unit on the Pucklechurch Trading Estate, Bristol; and two vehicles and one trailer at a facility on the Crown Industrial Estate, Taunton.