Italian tyre maker Pirelli says it has been notified by its largest shareholder China National Chemical Corporation Ltd. (ChemChina) that Sinochem Group Co. and ChemChina are planning for a strategic restructuring. Details of the restructuring plan and its implementation are…
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Michelin/employees agree on support plan for facility closure
French tyre maker Michelin and its employees at its Roche-sur-Yon, France, truck tyre plant have signed an agreement for an employee support programme. Following 12 weeks of negotiations from October 22, 2019 to January 7, 2020, the CFDT, CFE?CGC and…
Apollo Tyres establishes new sales office in Nepal; ready to chart growth
India’s Apollo Tyres (Apollo) has just set up its first sales office, inclusive of a team of service personnel, in Kathmandu, Nepal. The opening also marks Apollo’s maiden office in the South Asian Association for Regional Cooperation (SAARC) region, outside…
Iranian tyre manufacturer preps for wet trial runs at new production plant
Artawheel Tire (Artawheel), a tyre manufacturer based in Ardebil State, Iran, has recently opened a US$ 288.5 million truck tyre production plant at its existing facilities in the northwestern city. The facility, inaugurated by the Iranian president Hassan Rowhani, employs…
Cambodian ministry claims rubber exports rose by 30% year-on-year
The Cambodian Ministry of Agriculture, Forestry and Fisheries has announced that the Kingdom exported some 282,070 tonnes of rubber in 2019, a 30% increase from 2018’s 217,500 tonnes. The commodity reeled in US$ 377 million in revenue at that point,…
Cooper Tire completes buy of Mexican jv tyre plant
Cooper Tire & Rubber Company has closed on the agreement announced Nov. 1, 2019 to increase ownership in its Mexico joint venture tyre manufacturing facility, Corporación de Occidente S. A. de C.V. (COOCSA), from 58-100%. Financial terms were not disclosed.…
Semperit to sell medical business to return to profitability
Austrian public listed firm Semperit Group says it will focus on its transformation as an industrial rubber specialist and sell off its medical business Sempermed. The rubber products company said this will allow it to focus on the production of…
Malaysian gloves makers ready to meet demand amid nCoV spread; donates gloves to Wuhan
(UPDATED) – The Malaysian Rubber Glove Manufacturers Association (MARGMA), which comprised of Malaysian rubber glove manufacturers and associated suppliers and supporting organisations, assures that the gloves industry is able to meet the requirements for gloves amid the Novel Coronavirus (2019-nCoV)…
DRI Rubber’s livestock rubber mats recently granted US patent
Dutch rubber supplier DRI Rubber (DRI) has gained a US patent for its “game-changing” livestock rubber mat system that is reportedly “unbreakable, durable and animal-friendly.” Developed using DRI’s fibre reinforcement technology (FRC), the new rubber fastener is safer and stronger…
Egyptian villagers recycle used tyres to less waste
The small Egyptian village of Mit Al Harun, north of capital Cairo, has gained a reputation as the country’s top rubber recycling hub – its residents have for decades made a living by recycling old tyres into new rubber products…