German police have raided offices of automotive parts supplier Continental and automotive maker Volkswagen, in relation to the 2015 diesel emissions-cheating scandal. Continental was raided for its role in supplying diesel engine devices used to bypass emissions tests. Prosecutors in Hanover, Germany, conducted…
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Continental breaks ground on air suspension facility in China
German technology company Continental recently held the groundbreaking of an electronic air-suspension systems plant in Changshu, which will further serve customer needs in China. The new facility in Jiangsu Province covers an area over 13,500 sq m and will start…
Halycon Agri finances investments in Cameroon/Malaysia with US$25 mn loan from Deutsche Bank
Deutsche Bank has provided a US$25 million sustainability-linked loan facility with a three-year tenor, and an accordion feature to upsize the facility to US$75 million, to Corrie MacColl, a subsidiary of Halcyon Agri Corporation. The loan will be used to…
PU airless tyre inserts overcome problems of rubber
Solid rubber tyres have been on the market for quite a while now, but just like earlier puncture-proof products, they have their shortcomings: they do not produce the typically light driving feel of their air-filled counterparts, are often real heavyweights…
Bridgestone, Microsoft world-first intelligent tyre monitoring system
Globally-acclaimed tyre and rubber manufacturer Bridgestone and tech company Microsoft have teamed up to develop a unique Tyre Damage Monitoring System using the Microsoft Connected Vehicle Platform (MCVP) – the new system uses MCVP’s cloud framework together with pre-installed sensor…
Bridgestone starts voluntary salary reduction for Japan-based corporate officers
Tyre and rubber giant Bridgestone Corporation (Bridgestone) will initiate a voluntary reduction in compensation for its Japan-based corporate officers, in light of the COVID-19 global pandemic. These voluntary measures will be effective immediately and remain so until the end of…
Sprawling tyre dump in Tenerife finally to be cleared
A recycling plant will soon be set up to clear the tyre dump at the Arico landfill (Complejo Ambiental) in Tenerife, the largest of Spain’s Canary Islands. The Tenerife Environmental Commission has finally given permission for the construction of the…
Tosoh Silica, Namhae Chemical establish JV for silica in fuel-efficient tyres
Silica and synthetic gypsum manufacturer Tosoh Silica Corporation, a wholly-owned subsidiary of Tosoh Corporation, recently decided to establish a joint venture company with South Korean-based Namhae Chemical Corporation. The new company is named Tosoh Namhae Silica Corporation and is to…
US initiates antidumping, countervailing duty investigation on PVLT tyres from four Asian nations
The US Department of Commerce (Commerce) has begun new antidumping (AD) and countervailing duty (CVD) investigations into the alleged dumping of passenger vehicle and light truck (PVLT) tyres from the Republic of Korea (Korea), Taiwan, Thailand, and the Socialist Republic…
China’s Jinyu Tire starts 2 million TBR tyre project in southeast Vietnam
China-based tyre manufacturer Jinyu Tire Co., Ltd. (Jinyu Tire) recently held the groundbreaking ceremony for its Vietnamese factory in Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam.There are high expectations for Jinyu Tire’s project investment in Tay Ninh – Chen…