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Part of the hi-tech new component preparation unit at Apollo Tyres South Africa’s Ladysmith factory.<\/p>\n
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Apollo Tyres SA opened a new hi-tech component preparation unit at its Ladysmith plant recently in an investment worth R300 million. <\/p>\n
Directors from its Indian parent company, Apollo Tyres International, including chairman Onkar Kanwar and vice-chairman Neeraj Kanwar, were in KwaZulu-Natal for the opening. They were joined by the high commissioner of India, Virendra Gupta; KZN premier Zweli Mkhize; Apollo Tyres SA chief executive Luis Ceneviz; and Uthukela district mayor Dudu Mazibuko. <\/p>\n
According to the group, the main objective for developing the unit was to improve quality and productivity at its Ladysmith and Durban plants. <\/p>\n
Ceneviz said the new unit would see an increase in tyre production to 13 000 daily in Ladysmith and 1 200 daily in Durban. Before the investment the Ladysmith plant had a manufacturing capacity of 11 000 tyres daily and Durban 1 000. <\/p>\n
The unit, in a new 6500m2 building, was designed to facilitate future growth. This could take production to 15 000 tyres a day in Ladysmith and 1 500 in Durban. An additional R4.5m was also invested in a closed-circuit cooling system for the extruders in both the old and new plant. <\/p>\n
\u201cApollo Tyres South Africa is part of one of the fastest-growing tyre companies in the world, Apollo Tyres Limited, which has its head office in Delhi,\u201d Ceneviz said. <\/p>\n
\u201cIt is a global leader in the design and manufacture of quality, technologically-advanced tyres including passenger, 4×4, truck, off-the-road, bus and speciality tyres for the agricultural and industrial sectors.\u201d <\/p>\n
Ceneviz said since it acquired the Dunlop Tyre brand in 2006, Apollo had invested R700m in the company through industrial and factory upgrades. <\/p>\n
\u201cThis is in alignment with recent developments following Indian President Pratibha Patil\u2019s recent state visit to South Africa whereby President Jacob Zuma announced a trade target agreement between South Africa and India of $15 billion per year by 2014,\u201d he said. <\/p>\n
Apollo Tyres has an annual turnover of more than $2.5bn (R20.8bn) and a workforce of 16 000 internationally. <\/p>\n
The group produces 438 524 tons of tyres annually and exports its products to more than 79 markets around the world. <\/p>\n
Kanwar\u2019s leadership in the 1980s and 90s, saw Apollo Tyres first emerge as a major player in the tyre manufacturing industry. <\/p>\n
He said the company spared no expense in installing state-of-the-art equipment in its factories, with the best machinery from Finland, the US, Japan and Canada in its manufacturing plants. <\/p>\n
\u201cThe Ladysmith plant forms one of the company\u2019s nine technologically advanced manufacturing facilities,\u201d he said. <\/p>\n
\u201cThe component preparation unit has been designed to increase productivity while ensuring that stringent international safety and quality standards are met, thus bringing customers and roads a premium performance tyre.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"
. Part of the hi-tech new component preparation unit at Apollo Tyres South Africa’s Ladysmith factory. Apollo Tyres SA opened a new hi-tech component preparation unit at its Ladysmith plant recently in an investment worth R300 million. Directors from its Indian parent company, Apollo Tyres International, including chairman Onkar Kanwar and vice-chairman Neeraj Kanwar, were […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[8275,953,2143],"class_list":{"0":"post-11014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-durban","8":"tag-newspaper","9":"tag-the-mercury","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=11014"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/11014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=11014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=11014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=11014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}