Coal Age

APR 2016

Coal Age Magazine - For more than 100 years, Coal Age has been the magazine that readers can trust for guidance and insight on this important industry.

Issue link: https://coal.epubxp.com/i/668539

Contents of this Issue

Navigation

Page 37 of 51

36 www.coalage.com April 2016 mining tires BKT Aims to Change the Game in Giant OTR Tire Market After past years of increasingly severe sup- ply and demand problems, culminating in 2012's mind-boggling price and avail- ability gyrations, the giant over-the-road (OTR) tire market has settled down and today offers mine operators a stable plat- form for meeting their surface and under- ground tire needs. In fact, at last year's OTR Tire Conference sponsored by the U.S. Tire Industry Association, every member of an OTR tire manufacturers' panel responded — almost in unison — with "No!" when presented with the question, "Do you fore- see shortages in any specific size or type of tire during the next year?" It's a market in which several well- known brands dominate the premium giant tire sizes used on mining-class rigid haul trucks and wheel loaders, for exam- ple. And, it's a market in which BKT Tires is working diligently to expand its presence. BKT, the brand name for products and services from Mumbai, India-based Balkrishna Industries, has been a major player in the radial agricultural tire market since 2004, offering more than 230 differ- ent agricultural tire sizes. In 2008, it moved into the OTR steel-cord radial market segment that serves much of the mining, quarrying and heavy construction indus- tries' tire needs, opening a plant in Cho- panki, India, to make tires specifically for those applications. More recently, it built a $500 million, state-of-the-art OTR tire manufacturing complex in Bhuj, Gujarat, India. In Decem- ber, Coal Age toured the plant and talked with corporate executives during the com- pany's December business press/dealer event, titled The Game Changer, held to announce and display its intent to gain a leadership position in the market as it ex- pands its capabilities for producing giant OTR tire models. Currently, its largest tire in this segment is the 27.00R49 EarthMax — a size typically used on 100-ton-class rigid haulers in the mining sector. How- ever, as production at the Bhuj plant gains momentum, the company said it will begin to manufacture 51-in. tires later this year using tire fabrication equipment supplied by Tianjin Siaxiang Technology Co. Ltd., a Chinese vendor. BKT also is consider- ing future production of 57-in. tires; D.M. Vaidya, BKT's president and director– technology, estimates it would require a two-year effort to develop a marketable product in that size — if economic condi- tions warrant. There are no current plans to produce tire sizes larger than 57 in., ac- cording to Vaidya. From Trikes to Trucks As BKT Chairman and Managing Director Arvind Poddar explained during an early BKT Tires produces more than 2,400 models of OTR tires, ranging from those used on small utility vehicles to large agricultural, construction and surface/underground mining tires. With the startup of its newest plant, the company is setting its sights on establishing a larger market presence in the giant OTR tire sector. BKT's $500 million Bhuj plant will, at full capacity, produce about 150,000 metric tons per year of tire products, which equals the combined output of its three other plants.

Articles in this issue

Links on this page

Archives of this issue

view archives of Coal Age - APR 2016