Hankook launched a redesigned company website for 12 European countries (Czech Republic, France, Germany, Hungary, Italy, the Netherlands, Poland, Russia, Spain, Sweden, Turkey and the United Kingdom). With many practical features that simplify browsing, the website offers quick and easy…
‘Condom King’ part of Malaysia’s richest
Malaysia’s ‘condom king’ Goh Siang lands in Forbes’ list of 50 richest Malaysians in number 48. Goh Siang is senior executive director of Karex Bhd., the world’s largest condom manufacturer. With a net worth of US$205 million, he is one…
Smithers Rapra to sponsor APRM
Smithers Rapra, a world leader in rubber, plastics and composites testing expertise, will be sponsoring the Association of Rubber Product Manufacturers (ARPM) for the second consecutive year. The sponsorship exposes ARPM members to the various testing services from Smithers Rapra.…
Armacell refinances pending acquisition
Armacell, a provider of engineered foams, completed the approx. EUR560 million refinancing of the company`s pending acquisition by Blackstone and KIRKBI. As part of the transaction Armacell secured an additional liquidity reserve of EUR100 million. The multi-tranche deal consists of…
Malaysians: comfort over performance in choosing car tyres
When it comes to their car tyres, Malaysian car owners are largely a practical lot. In a recent GfK study conducted among car owners, a higher proportion (67%) indicated that they will change their car tyres to improve comfort, compared…
Global rubber demand to reach 31.7 million metric tons
World demand for rubber is forecast to rise 3.9 percent per year to 31.7 million metric tons in 2019. Gains will be driven by increased tyre manufacturing, which represents by far the largest application for rubber. Rising income levels in…
Michelin launches latest line-haul steer tyre
Michelin Americas Truck Tires is launching the Michelin X Line Energy Z for line-haul steer applications. The SmartWay-verified tyre delivers 20 percent more mileage than leading competitor line-haul steer tyres, while also delivering 5 percent better rolling resistance than the…
Charles Kummeth joins Nusil board
NuSil Technology LLC appoints Charles Kummeth to its board of directors. Kummeth is the President and Chief Executive Officer of Bio-Techne, a global life sciences company providing bioactive tools and resources for the research and clinical diagnostic communities. “I am…
Bridgestone to expand Canadian plant
Bridgestone Canada Inc. is expanding its Canadian passenger and light truck tyre manufacturing facility in Joliette, Quebec, as part of a five-year investment that could total CA$300 million (approximately US$250 million). The multi-phase expansion of the facility is expected to…
Tire Technology International Awards winners announced
The winners of this year’s Tire Technology International Awards for Innovation and Excellence have been crowned at a ceremony during Tire Technology Expo (for a show report click here) in Hannover, Germany. Bridgestone picked up the prestigious Tire Manufacturer of…