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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…

Hubner sells auto segment to Gotec

German mobility supplier Hubner will be divesting itself of its automotive segment as of 1 April 2020. The business with injection-moulded plastic components will be sold to automotive supplier Gotec Gorschlüter GmbH located in Wülfrath, Germany, close to Wuppertal. Gotec…