2019 Newsmakers: BKT USA - Tire Review Magazine

2019 Newsmakers: BKT USA

BKT announced in the fall that its new carbon black plant within the Bhuj, India, production site will run at 100% capacity by 2021. Find out what's in store for 2020.

Tire Review is showcasing 2019 “Newsmakers” — companies that have made headlines in the past year with tire-related news about new technology, plant openings, marketing initiatives, dealer program updates, product launches and more — that made the list as determined by top engagement on tirereview.comAfter a brief overview of each Newsmakers’ newsworthy item(s), you’ll find a company executive’s answer to this question: What can dealers expect from your company in 2020, highlighting key dealer-focused initiatives, programs and events?

News in 2019: BKT announced in the fall that its new carbon black plant within the Bhuj, India, production site will run at 100% of its capacity by 2021. This significant $75 million-investment (initially USD $23 million) provides vital raw material within the tire manufacturing supply chain. Around 50% of the carbon black produced at the new plant is being used in BKT’s tire manufacturing process, while the other remaining 50% is sold on the market.

BKT is the only company in the Indian tire industry to have its own carbon black production plant, the company says.

Newsmakers-BKT-600x300

Minoo Mehta, President:

“2020 seems to be a promising year compared to 2019, which has been challenging due to market conditions.  BKT remained strong throughout 2019 but is looking forward to a better 2020.

 “We are very predictable in what we offer to our dealers/distributors:

  • Excellent consistent quality made better by continuously upgrading the machinery at our plants.
  • Best value products at fair prices with the introduction of new sizes and patterns to further add to our large product screen.
  • Full marketing and technical support and incentive policies that help in the sales out of our dealers/distributor’s warehouse and ensure them a strong bottom line.”

For more of Tire Review’s 2019 Newsmakers, click here.

Check out the rest of the December digital edition of Tire Review here.

You May Also Like

Anyline secures funding from Austrian agency for AI development

Anyline received around $2.86 million to fund research and development of Closed Loop Training for artificial intelligence models.

ANYLINE-AI-stock

Anyline has received €2.64 million (approx. $2.86 million) administered through the Austrian research promotion agency – Österreichische Forschungsförderungsgesellschaft (FFG) – as a public grant over the last three years to fund research and development of Closed Loop Training (CLT) for artificial intelligence (AI) models that speed the time to accurately capture and digitize analog information.

Autel Energy Showcases EV Charging Solutions, Electrified Bronco at CES

At CES, Autel Energy showcased its suite of EV charging solutions and an electrified 1969 Ford Bronco.

Autel-U.S.-Enters-EV-Charging-solutions-Industry
2019 Newsmakers: Bridgestone Americas

Nearly all products in the Firestone family of tires have been upgraded over the past three years, and Bridgestone is on track to have all of its consumer tire portfolio across both the Bridgestone and Firestone brands either upgraded or replaced by the end of 2020.

Bridgestone-Newsmakers-800x400
2019 Newsmakers: Nokian Tyres

Nokian Tyres opened its first U.S. manufacturing facility and launched numerous new products. See what’s in store for 2020.

Newsmakers-Nokian-800x400
2019 Newsmakers: Nexen Tire America

Nexen Tire opened its North American Technology Center and debuted the Roadian GTX. Find out what’s in store for 2020.

Nexen-Newsmakers-800x400

Other Posts

Continental appoints new ‘head of region’ for the US, Canada

In this role, Rob Schroeder will oversee all of material handling, port, earthmoving and agriculture tire business in the United States and Canada.

Conti-RobSchroeder_HeadofRegion
K&M Tire adds Jon Zurcher as executive vice president

Zurcher previously served as COO for Best-One Tire for the past seven years.

John-Z-K&M
Hercules Tire reveals spring rebate on five tire lines

From now until May 15, customers who purchase four qualifying Hercules Tires may be eligible to receive up to a $70 rebate.

hercules-spring-us-rebate
Kenda Tires becomes Cleveland Cavaliers associate partner for NBA playoff games

The tire manufacturer will be advertised on the court, with Kenda-branded rally towels, and will appear during local pre-game programming.

Kenda-Tire-Sir-CC-High-Fives-1400