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Dunlop to start industrial rubber products line at Ambattur
Kolkata: The Ruia group-controlled management at Dunlop India is planning to set up a industrial rubber products plant at its existing truck and bus tyre manufacturing facility at Ambattur in Chennai.

According to preliminary estimates, the new industrial product division at Ambattur would cost Rs20-25 crore. The new production line would take at least six months to install.

"We have identified substantial demand for industrial products, which includes a range of industrial belts. Accordingly, Dunlop is planning to set up an industrial products division at Ambattur," said P.K. Ruia, group Chairman.
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Falcon Tyres to spend Rs.70-80-cr on ramping up capacity
Kolkata: Falcon Tyres has embarked upon a Rs70-80-cr phase of expansion to ramp up capacities to 7.5 lakh pieces of two- and three-wheeler tyres and tubes a month. The expansion programme will be implemented latest by December 2006.

After coming under the control of the Ruia Group three months ago, the company has enhanced the production of tyre and tubes by 30 per cent to 5.5 lakh pieces and 3.5 lakh pieces respectively by implementing a capacity de-bottlenecking scheme at a cost of Rs12 crore. The company was earlier producing 2.75 lakh pieces of tubes and 4.35 lakh pieces of tyres.

Falcon Tyres, whose profitability had declined steadily in the last three years, has recorded a net profit of Rs2.2 crore during the first three quarters this fiscal.
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H&R Johnson plans Rs.40-cr expansion
New Delhi: Tile company H&R Johnson (India) Ltd, is making an investment of Rs40 crore at its Rajkot facility to increase the installed capacity from the present 5,000 sq.m. per day to 12,000 sq.m. per day. The capacity expansion programme is expected to be completed by middle of the year.

Following the expansion, the Rajkot facility is expected to contribute a turnover of over Rs200 crore per annum, according to the company. The company recorded sales revenue of Rs740 crore for the financial year 2005-2006, up 36 per cent over the previous year's figures.
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domain-B : Indian business : News Review : 10 April 2006 : companies