Malaysian rubber prices continued to trend lower due to lacklustre demand for the commodity on the back of a stronger ringgit, a dealer said. He said China’s negative manufacturing data for April dampened buying sentiment. The Malaysian Rubber Board’s official…
Nigeria tyre marketers opposes import duty on tyres
AS local and foreign investors continued to key into the new automotive policy, which seeks to encourage emergence of vehicle manufacturing plants in Nigeria, tyre marketers have opposed the five per cent import duty concession on tyres imported by local…
Nokian Tyres expects growth in all markets
The market demand for replacement car tyres is expected to show growth in the Nordic countries, Central Europe and North America in 2014. In Russia the clearly devalued Rouble has hurt the economy, thus weakening growth in GDP, sales of new…
Continental reveals tyre pressure sensors
The close cooperation between electronics and tire developers at Continental, the international automotive supplier, continues to bear fruit. Future tire pressure sensors, for instance, will be able to detect when a tire change is necessary due to insufficient tread depth.…
Michelin redesigns Hungarian tyre production facility
Michelin announced today a project to close its truck tyre plant in Budapest, Hungary In response to the adverse trends and aggressive competition in the European truck tyre market, which remains volatile and 23% down on its historic peak in…
Bridgestone’s ORR tyre plant in the US depends on Penetron durability
Used primarily for large exploration and transport vehicles utilized by the petroleum and energy industries, off-road radial (ORR) tyres can be really BIG. Bridgestone, the world’s largest tyre and rubber manufacturer, previously produced its large and ultra-large ORR tyres exclusively…
Trelleborg plans to build US agricultural tyre facility
Trelleborg has, through its business area Trelleborg Wheel Systems, decided to invest in a production facility for agricultural tyres in the U.S., thereby creating a platform for local presence and growth in North America, and a global position in the…
Bluestar Silicones reveals silicone products at OTC
Bluestar Silicones will showcase its elastomeric and foam control silicone solutions for the oil and gas market at the Offshore Technology Conference (Booth #11906), May 5-8, in Houston. Bluestar Silicones will introduce its Bluesil™ RT Foam 3242, an innovative open…
Sameer Africa concludes agreement with Chinese tyre maker
Nairobi-listed company Sameer Africa has inked a lucrative franchise deal with a “leading Chinese tyre manufacturer”, which will see the company supply cheaper tyres to Sameer, as it seeks to boost sales after it last year ended ties with ex-partner…
Conti reports profit rise in the first quarter
Hanover, May 6, 2014. The Continental Corporation posted a strong start to the year, significantly increasing its profits. In the first quarter of 2014, net income attributable to the shareholders of the parent grew by 33.3% to €588 million. Earnings…