BKT Tires, which is one of the companies owned by India based Balkrishna Industries Ltd’s American group and which recently opened a branch in Brentwood, Tennessee, will adopt new strategies to complement its high growth and increased presence in the…
Category: Industry News
Apollo launches Manchester United-branded tyres in Thailand
Apollo Tyres has come out with Apollo & Manchester United automotive tyres in Thailand. The country is the first in Asia, and only the second globally after the United Kingdom, to see the launch of the Manchester United-branded tyres. Aimed…
Mitas to test Russian dandelion for agri tyre
Mitas is planning to test its first agriculture tire made with rubber extracted from the Russian dandelion plant. The rubber from the dandelion will complement rubber tree latex in the compound for its agriculture tires, according to the tiremaker. Taraxacum…
CMA to recall Bluestar LQ225 tyres
China Manufacturers Alliance issued a recall for certain Bluestar LQ225 size 8-14.5 low platform trailer tyres. The recall affects nearly 10,500 tyres. The potentially affected tyres, which were manufactured Feb. 24, 2013 to Aug. 9, 2014, can develop a sidewall…
CEAT introduces Gripp MX tyres
With the community of motorsport professionals and enthusiasts sharply rising in India, CEAT is optimistic about its new offering. The new range of tyres is called Gripp MX and it’s specifically designed for motorsport. At the announcement of the launch…
Natural rubber output in India dropped further
The long-running problem of drooping natural rubber output continues. October–January is the peak season for production in India but output in November for the RSS-4 grade was 64,000 tonnes, against 85,300 tonnes in the same month of 2013. According to…
TechSci reports Saudi Arabia tyre market to boost
According to the recently released TechSci Research report, “Saudi Arabia Tyre Market Forecast & Opportunities, 2019”, tyre market in Saudi Arabia is forecast to grow at a CAGR of 17.19% in value terms during 2014-19. Prominent factors driving the market…
Faster product delivery as Nynas launches Singapore hub
Specialty oils provider Nynas recently launched a hub in Singapore, making it faster to deliver its naphthenic specialty oils to customers and increasing their availability in the Asia Pacific region. Now, customers in Shanghai, Indonesia, Thailand and surrounding countries can…
Top Glove reports revenue decline in Q1
Top Glove Corporation Bhd’s earnings fell 3.1% to RM48.68mil in the first quarter ended Nov 30, 2014 from RM50.27mil a year ago due to an increase in natural gas and electricity prices, together with their knock-on inflationary effects. The world’s…
Malaysia reports NR exports upsurge
Malaysia’s natural rubber (NR) exports in October 2104 rose 0.5 per cent, or 260 tonnes, to 54,723 tonnes compared with September 2014, the Statistics Department said. In a statement today, the department said, however, on a year-on-year (y-o-y) basis, the…