Indian tyre maker Apollo Tyres is investing US$685 million over four years to build a car and truck tyre plant in Eastern Europe. It will be its second as the firm also operates a facility in Netherlands. Apollo has not…
Tokyo rubber futures wary despite dropping inventory
Global benchmark Tokyo rubber futures would be trapped in a tight range this week as a drop in inventory in the Shanghai market fails to shake off worries about demand from main consumer China, dealers said on Monday. Among other…
El Nino could cut Indonesian rubber output
Erratic weather triggered by the El Nino weather phenomenon could cut rubber output in Indonesia, the second-largest producer, by around 3 per cent to 3 million tonnes this year, a senior industry official said. “Output may fall by 100,000 tonnes…
Indian rubber imports increase 84% in April
Imports of natural rubber rose 84 per cent to 26,445 tonnes in April on account of lower prices in international markets and drop in domestic production. According to the Rubber Board data, India’s natural rubber imports stood at 14,396 tonnes…
BFGoodrich launches fuel-efficient highway drive tyre
Michelin North America Inc. says the BFGoodrich DR454 SmartWay-verified highway drive tyre offers low rolling resistance and meets the fuel efficiency expectations, carrier certifications and regulations that today’s highway operations demand. The company says it also provides serious grip in…
Mitas rolls out new tractor-pulling tyre
Czech tyre maker Mitas a.s. is entering the world of tractor pulling, agreeing to sponsor the European Tractor Pulling Committee (ETPC) and rolling out a prototype of a Mitas Powerpull tyre. The prototype of the tractor-pulling tyre is based on…
Gajah Tunggal sales drop in first quarter
Indonesian tyre maker Gajah Tunggal Tbk. suffered a 25-percent drop in pre-tax operating income for the quarter ended March 31 despite 5.3-percent higher sales. Gajah Tunggal cited higher sales, marketing and transportation costs and the differential between costs, which are…
Michelin conducts rigid agricultural tyre tests
To help feed a growing world population, farmers depend on having the right equipment. When they climb aboard their tractors or combines, they’re counting on their agricultural tyres to deliver the best possible field performance and value. Rigorous testing can…
Nexen builds new plant in the Czech Republic, land deal sealed
Representatives of the Ústí region have signed off on a land deal crucial to persuading South Korean based global tyre manufacturer Nexen to set up a new plant in the Czech Republic. Formalities still need to be completed, but what…
Trelleborg launches ‘Pit Stop Line’ innovation
The Pit Stop Line answers one of the industry’s most elusive and critical questions – how to know, with 100% certainty, when a fork lift tyre is worn out and needs replacing. Visitors can view the new technology featured in…