Leading German auto and truck parts maker Continent AG has built a driverless brake testing facility to test the tyres and brakes without needing a human test driver.
Hankook Tyres’s new facility in Indonesia will produce tyres to be exported to Saudi Arabia.
Continental AG is aiming to build 7 more tyre facilities worldwide to achieve its 3-phase goal.
Chinese tyre manufacturer Shandong Linglong Tyre will invest EUR88 million to build a facility in Thailand.
Dow Chemical Company is building a new facility in the US Gulf Coast to produce metallocene ethylene propylene diene monomer also known as EPDM.
The European Bank for Reconstruction and Development supports Continental Tyre’s boost in recycling tyres through approving a loan worth 4 billion Euros.
Kenda Tyres to merge with 7 enterprises based in the US to boost market share growth and reach the annual profit goal.
South Korean tyre manufacturer Hankook Tyre Co. Ltd. is expanding its research and development efforts to develop tyre solutions and produce tyres that are appropriate to the European tyre market.
South Korea’s leading tyre manufacturing company, Hankook will be building its new facility to expand its production capacity in Hungary.
Reliance Industries Limited (RIL) and Russi’s largest petrochemical company SIBUR will join together to build the first butyl rubber plant in India.