Category: Industry News

Asian rubber futures end mixed

Rubber futures ended mixed. This is due to currency, a weaker oil price and China provided a number of influences on the market. The benchmark Tokyo rubber futures settled higher Thursday, boosted by a weaker yen, said Kaname Gokon, a…

Kossan’s 2Q net profit increases 37%

Kossan Rubber Industries Bhd has announced that its net profit grew 37% to RM47.44 million for the second quarter ended June 30, 2015. This is from RM34.59 million in the previous corresponding quarter. The rubber glove maker’s earnings per share…

Goodyear announces new VP and Treasurer

Goodyear Tire & Rubber Company announced yesterday that Peter R. Rapin will be the company’s new vice president and treasurer. Rapin will succeed Thomas Kaczynski, Goodyear’s treasurer since 2014. Kaczynski will be leaving the company to pursue other opportunities. “We…

Bright Technology sees bright future in Europe

The Chinese tyre changer and wheel balancer maker, Bright Technology, is steadily expanding its European market. Sales Manager Joao Kwakernaat says the company is “currently in advanced negotiations with potential distributors in Germany, Italy and the UK.” Bright Technology has…

Vipal tyre takes you 8% farther

Tyre company Vipal proved that its VRT3 tread gives 8% more mileage than its competitors. VRT3 is a tread designed for heavy-duty vehicles like trucks and buses. Vipal put the tyres to the test in the streets of Puglianello, Italy. VRT3 and a competitor tyre were…