The $2.5 billion Apollo-Cooper marriage was called off before they could say ‘I do’. Both parties are aggrieved, and everyone, it seems, is to blame. Together, they would have become the 7th largest tyre company in the world. But, as…
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New all seasons tyre from Toyo
Toyo has launched a new all weather tyre that elimnates the problem and hassle of swapping from summer tyres to winter tyres then back to summer tyres. The Toyo Vario V2+ tyre has an ‘all-season’ compound that can be used…
Falken Tyre signs up to TyreSafe
Tyre manufacturer Falken Tyre Europe GmbH has joined TyreSafe as part of a continued focus on tyre safety. The firm was spurred on by the alarming results from its own tyre safety survey at a primary school where over 30%…
Rubber farmers in southern Thailand at the forefront of anti-government protests
Owners and workers of rubber plantations in southern Thailand are at the forefront of anti-government protests in Bangkok. Many young people from Thailand’s southern province of Nakhon Si Thammarat are in Bangkok taking part in anti-government protests, with some having…
Russia’s tyre market witnessing high growth in the OTR segment as a result of growth in Russia’s mining industry
Research and Markets has announced the addition of the “Russia Tyre Market Forecast & Opportunities, 2018” report to their offering. Russia is the one of the best performing economies in Europe and the country’s disposable income is increasing fast. However,…
Local firms look to make tyres for big vehicles
Local companies have moved to make tyres for long-haul buses and trucks, a sector that is dominated by imports. Gazi Tyre, a concern of Gazi Group, is the first to make large tyres for the rapidly growing transport sector. “We…
India’s natural rubber prices hit 4 year low on supply-dealers
Natural rubber prices in India, the world’s fourth-biggest producer, dropped to their lowest level in nearly four years on Thursday on ample supplies and a fall in overseas prices. Lower prices would bring down raw material costs for tyre makers,…
DEH welcomes tyre solution
The Department of Environmental Health (DEH) says it welcomes local business efforts to take away the millions of tossed tyres at the George Town landfill. Dr. Maysson Sallam says government will likely have to issue a new tender if it…
Indonesia rubber price down, calling for export retention
The export price of Indonesias rubber, SIR20, continued to fall to as low as US$1.886 per kilogram at the Singapore Bourse on Jan. 30 for Februarys shipment. Executive secretary of the the North Sumatra branch of the Indonesian Association of…
Pirelli denies receiving any proposal from potential buyers
The head of Pirelli said on Wednesday he had received no proposal regarding a possible sale of the Italian tyremaker. “No proposal arrived to the undersigned and I did not make any proposal to the Pirelli board,” Pirelli’s Chairman and…