Goodyear’s net income and revenue falls to 32% as the European economy continues to slow dropping down the demand for tyres to 13%.
Multinational tyre manufacturer Goodyear has started producing truck tyres in its larger and more modern plant in China, around the Liaoning Province.
The Malaysian rubber market is expecting to have a grumpy week as the uncertainties in the global economy continues as well as the regional statements.
Carrickfergus Borough Council supports the Tyre Safety Week through encouraging vehicle owners of using tyres that are appropriate for the season.
French tyre maker Michelin is boosting its marketing network and raising awareness regarding radial tyres.
Delticom reported profits from the last three quarters of the year warning investors of a not-so-bright future.
The gap between rubber demand and supply continues to widen as the production of tyres rise.
Malaysia’s leading rubber gloves manufacturer, Top Glove is expecting to stay on its thrown as the company continues to widen its production, research and development and activities.
Tyre makers continue to import rubber as the prices for rubber in the local market soars high.
China, India and other exporters of rubber and tyre makers continue to buy rubber despite of the prices going down.