Coal Age

APR 2018

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Page 44 of 51

April 2018 43 suppliers news continued puts its global conveyor belt resources un- der one roof. The move will strengthen the com- pany's presence in the global conveyor belt market, REMA TIP TOP leadership reported. "Until now, all our brands have operated separately on the market," Udo Zimmer, CEO, REMA TIP TOP, said. "By moving closer together and better taking advantage of the synergies in our compa- ny, we will be able to considerably increase our market share." The company reported that mega trends, such as the growth of the world population, increasing urbanization, and technological advancements on the Asian continent, are causing a boom in the steel industry, port logistics, the energy sector, and the construction sector. The volume of business within the sector is expected to grow by 13%, reaching $7.6 billion between 2017 and 2023, the company reported. The company stated it plans to sig- nifi cantly expand its presence in South- east Asia, Australia and Latin America. "Our greatest advantage is our global service network, which allows us to offer our customers comprehensive services on the basis of the appropriate conveyor belt, ranging from installation through to maintenance and monitoring," Stefan Flohr, head of belting business, REMA TIP TOP, said. "When it comes to the REMA TIP TOP, complete range of wear protec- tion, conveyance technology, and compo- nents for the preparation of raw minerals, customers can place the effi ciency of their entire system in our hands and know that we will come through for them." Double Coin Receives Tire Shipment From New Thai Plant Double Coin and CMA announced their Rancho Cucamonga, California, ware- house received the fi rst shipment of tires from the recently opened manufacturing facility in Thailand. The facility is owned by Huayi Group (Thailand) Co. Ltd., and will manufacture TBR tires, industrial tires, and OTR tires for the North American market. Double Coin leadership said the new facility will help the company advance its plans. "This project is part of China's One Belt and One Road strategy, which seeks to create mutually profi table relationships with other countries such as Thailand," Tim Phillips, vice president of marketing and operations, Double Coin, said. "This new plant will be able to meet the grow- ing demand for Double Coin tires and facilitate the expansion of our TBR and OTR product line." Phillips was part of a team that visited the plant. Mike Yang, president of CMA, and Liu Xunfeng, chairman of the board of Shanghai Huayi Group Co., also attend- ed. The purpose was to build relationships with Thai government offi cials. Represent- ing Thailand were Wissanu Krea-ngam, deputy prime minister of Thailand, and Gov. of Bangkok Vera Chaiperm. The facility operates in the Luckchai Rubber Industrial City Hub, which is lo- cated in Thailand's Rayong Province. Built on a 3.6-million ft 2 site, the facility is set to manufacture more than 2.5 million TBR tires as well as 50,000 OTR tires. For the project, manufacturing and material transfer are automated. An artist's rendering of the new Double Coin facility in Thailand. Inset: Mike Yang, Vera Chaiperm, D. Eng, Governor of Bangkok, Thailand, Tim Phillips

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