Australian tyre recycler Green Distillation Technologies, which says it has developed a world-first process that turns end-of-life tyres (ELTs) into high value oil, carbon and steel, believes the time is right for it to expand into the European market, despite…
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NR prices/demand to pick up in Q3, says ANRPC
Malaysia-based Association of Natural Rubber Producing Countries (ANRPC) in its statistics for June 2020, painted a dismal outlook of natural rubber (NR), which has witnessed falling prices and demand, but expects consumption of NR to pick up in the third…
Cooper Tire’s new winter drive tyre RM258 features added traction for regional haulers
US-based Cooper Tire & Rubber Co. (Cooper Tire) has recently launched the RM258 WDTM winter tyre to its Roadmaster truck tyre lineup. The new winter tyre features several accents which makes it Roadmaster’s “best performer in the snow and other…
Cooper Standard divests some operations in Europe and India
Automotive parts supplier Cooper-Standard Holdings says that it has completed the divestiture of its European rubber fluid transfer and specialty sealing businesses, as well as its Indian operations, to Mutares SE & Co. KGaA. “We are continuing the execution of…
Nokian: smart tyres will be on the road in five years
Self-driving cars will set requirements for tyres in the future. Sensors connected to tyres will be one of the things that play an important role when machines observe driving conditions instead of humans, says an expert from Nokian Tyres that…
Bridgestone acquires UK tyre-management platform iTrack Solutions
The Bridgestone Corporation (Bridgestone) has recently acquired UK-based iTrack Solutions business, one of the largest providers of tyre management solutions for off-road vehicles in the UK market. iTrack Solutions offers a tyre pressure monitoring system (TPMS) which is specially designed…
ZC Rubber to offer additional rim sizes for winter tyres in Europe
China-based tyre manufacturer Zhongce Rubber Group Co. Ltd. (ZC Rubber) plans to add at least 68 new sizes of its Z-series winter tyres for the European market in the coming 2020 sales season. ZC Rubber also plans to launch Westlake…
VW/Continental offices searched in diesel emissions probe
German police have raided offices of automotive parts supplier Continental and automotive maker Volkswagen, in relation to the 2015 diesel emissions-cheating scandal. Continental was raided for its role in supplying diesel engine devices used to bypass emissions tests. Prosecutors in Hanover, Germany, conducted…
Continental breaks ground on air suspension facility in China
German technology company Continental recently held the groundbreaking of an electronic air-suspension systems plant in Changshu, which will further serve customer needs in China. The new facility in Jiangsu Province covers an area over 13,500 sq m and will start…
Halycon Agri finances investments in Cameroon/Malaysia with US$25 mn loan from Deutsche Bank
Deutsche Bank has provided a US$25 million sustainability-linked loan facility with a three-year tenor, and an accordion feature to upsize the facility to US$75 million, to Corrie MacColl, a subsidiary of Halcyon Agri Corporation. The loan will be used to…