Farrel Pomini, a member of HF Group, has acquired a majority ownership of WF Recycle-Tech, increasing its stake from a minority ownership position established in 2021. This acquisition further strengthens the companies’ collaboration and accelerates the global commercialisation of WF’s…
Kumho Tire/Lotte collaborate on autonomous driving and smart tyres
South Korea’s Kumho Tire has announced that it has signed a mutual technical improvement memorandum of understanding (MOU) with Lotte Innovate to promote the demonstration of autonomous vehicles and smart tyre technology. Through this MOU, Kumho Tire will supply tyres…
Toyo Tire utilises HF tech for R&D centre in Serbia
Japan’s Toyo Tire is expanding its tyre plant in Indija (Serbia) with an innovation centre for R&D and has awarded HF Group as a partner to contribute engineering services and mixing technology to the centre. The new innovation centre will…
Solvay inaugurates bio-circular silica facility in Italy
Chemical firm Solvay has inaugurated what it says is the first European bio-circular silica facility at its plant in Livorno, Italy, marking a major milestone in Europe’s industrial transformation toward sustainability. The new unit produces highly dispersible silica (HDS) for tyres, using bio-based sodium silicate…
REP appoints Tung Yu as sales rep for India
Injection moulding machinery supplier REP has announced what it says is a major step in its international expansion strategy by appointing Tung Yu India as its sales representative in India, thereby reinforcing its sales footprint, local presence, and customer support capabilities across India and the SAARC region. REP international and…
Michelin launches expansion of Shanghai facility
French tyre maker Michelin Group has inaugurated what it says is its first global “future factory” in Shanghai, with a total project investment of about US$420 million. The facility represents the second phase of the expansion project of Michelin’s Shanghai plant.…
Cabot/Dunlop tie-up for use of recycled carbon in tyres
Japan’s Dunlop (Corporate name: Sumitomo Rubber Industries Ltd), has entered into a MoU with US carbon firm Cabot Corporation to evaluate the commercial adoption of circular reinforcing carbons made with Cabot’s patented regenerated carbon technology. This circular reinforcing carbon powered by Cabot’s Evolve Sustainable Solutions incorporates…
Lummus invests in InnoVent Renewables to advance tyre recycling technology
Process tech firm Lummus Technology has announced an investment in US-based recycler InnoVent Renewables to accelerate deployment of its proprietary tyre recycling technology. Terms were not disclosed. It is estimated that over 1 billion tyres end up in landfills every…
Yokohama Tire mulls closing US plant; to lay off staff
Japan’s Yokohama Tire has said that it will lay off around 400 employees at its Salem plant in the US due to cuts in production and is further mulling over the closing of the facility. Yokohama Tire said that the lowered…
Triangle Tyre to invest in facility in Cambodia
Chinese tyre maker Triangle Tyre is investing around US$460 million to build its first overseas manufacturing base in Cambodia, a move aimed at optimising its international market layout. According to a statement released, the company plans to build production lines…







