Swedish chemical firm Nynas AB has filed for company reorganisation at Södertörn’s District Court. Nynas loans have not been extended by the banks. Thus, Nynas cannot pay due debts forcing the company to apply for a reorganisation of the company.…
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Linglong Tire holds Hubei factory commissioning event alongside Global Partner Conference
Chinese tyre manufacturer Linglong Tire (Linglong) recently held a commissioning event for Hubei Linglong TBR manufacturing base in Jingmen, China, as well as the Linglong Tire Global Partner Conference, themed New Channels, New Layout and Create the Future. As Linglong’s…
Malaysia’s FGV cooperates with Behn Meyer for silica/ENR products
FGV Rubber Industries Sdn Bhd, a major manufacturer of industrial rubber products and the producer of epoxidised natural rubber (ENR) Ekoprena in Malaysia, and Behn Meyer Europe GmbH, a major distributor of chemicals and resins to the rubber industry, have…
Marangoni Ringtread network member inaugurates new branch in Vienna
Marangoni’s Austrian partner Edler Reifen has recently opened a new 3,000sqm branch in Schillingstraße, 2, Vienna, with storage capacities for 1,800 truck tyres and 25,000 passenger tyres.As the tyre retreading specialist favours Marangoni’s Ringtread System for its cold truck/bus retreading…
ITRC suggests another AETS to stabilise rubber prices
Thailand, Indonesia and Malaysia, the rubber-producing countries which make up the International Tripartite Rubber Council (ITRC), could soon be implementing another round of the Agreed Export Tonnage Scheme (AETS) to steady market price of natural rubber (NR) and address unforeseen…
Pakistani/Chinese jv to set up tyre plant in Pakistan
Pakistan’s Service Industries Ltd. and China’s Chaoyang Long March Tyre Co. Ltd. have set up a joint venture in Pakistan for the construction of a radial truck/bus tyre plant. Service Industries has a 51% stake in the joint venture. Located…
GRI acquires Aussie forklift tyre company
Sri Lankan tyre maker GRI has acquired Australian industrial tyre specialist Axis Tyres. The acquisition is focused on the forklift segment of Axis Industrial Tyres Pty Ltd and includes the four branches of Axis in Altona and Braeside in Melbourne, the…
India to close down non-compliant pyrolysis units in Bihar, Tamil Nadu, etc.
India’s central pollution authority has ordered the shutdown of nearly 270 tyre pyrolysis plants in 19 States across the country on the grounds of “disregarding environmental norms and causing high levels of pollution.” These include notices to the state pollution…
Myanmar to ban rubber seed imports to protect against fungal outbreak
Myanmar will ban the import of rubber seeds, seedlings and saplings from Thailand, where rubber plantations have been ravaged by the Pestalotiopsis fungal outbreak, as well as such imports from other countries, as it moves to protect its precious rubber…
Goodyear Tire starts online sales in Germany; soon to include rest of Europe
US-based tyre major Goodyear has recently launched online sales of its tyres in Germany as the pilot market on European shores. German consumers can now choose to purchase tyres and schedule installation by a trusted local retailer through Goodyear’s official…