Author: admin

VMI launches new belt maker for tyres

Dutch machine maker VMI launched its new Unixx belt maker, which it says produces “high quality endless steel belts by means of an innovative and accurately controlled extrusion process that can handle a wide range of compounds”, at the Tire…

Chinese tyre maker launches Cambodian factory

China’s Jiangsu General Science Technology’s latest investment in Cambodia, General Tires Technology (Cambodia) Co Ltd, recently opened its US$300 million facility located in Preah Sihanouk province’s Sihanoukville Special Economic Zone (SSEZ). At a recent launching of the facility, General Science…

Wacker sales high; to invest in US/India plants

German silicones maker Wacker Chemie says it ended 2022 with new all-time highs for sales and earnings. Presenting its annual report recently, the Munich-based chemical company confirmed group sales of EUR8.21 billion in 2022, up 32% year over year. Substantially…

Michelin to invest CAD$300 into Canadian ops

French tyre maker Michelin has announced a CAD$300 million investment into its Canadian operations to accelerate sustainable mobility and the installation of new technologies and equipment in Michelin’s three Nova Scotia production facilities. This includes manufacturing tyres for the growing…