Continental has launched the new EcoContact 6 car tyre, a summer tyre that delivers better performance on rolling resistance, mileage, steering precision, and…
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Self-lubricated condoms developed for comfort and functionality
Scientists have created self-lubricating latex condoms that become slippery on contact. The researching team, supported by the Bill and Melinda Gates Foundation, designed a special, durable coating that should last throughout intercourse.They hope it will make condoms more appealing to…
Michelin announces expansions on Candian site
Michelin North America reported two new projects at its site in Michelin Pictou County. Operations on a new Michelin winter tyre line, as well as the North American launch of an innovative process for semi-finished materials, is set to begin…
Cambodian rubber exports surge as the price of rubber drops
Cambodian rubber exports increased 22% during the first nine months of the year, compared to the same period last year, according to the Ministry of Agriculture. Local producers exported 140,303 tonnes of rubber during the period, an increase of 25,240…
Bridgestone adds on US$45 mn warehouse to Canadian tyre facility
Tyre maker Bridgestone’s Canadian subsidiary is constructing an automated warehouse at its Canadian passenger and light truck tyre manufacturing facility in Joliette, Québec. The investment, estimated at US$45 million, will further enhance the operational excellence of the plant and increase…
Continental opens EUR30 mn hose plant in China
Germany’s Continental has shifted its hose plant in Qingdao, China, to the Qingdao Sino-German Ecopark in Shangdong province. With a total investment of EUR30 million and an area of approximately 84,000 sq m, the plant produces hoses and mobile fluid…
Nokian Powerproof summer tyre introduced for Central European market
Nokian Tyres introduces its Nokian Powerproof, a new generation of summer tyres for the Central European market. It features the Dual Zone Safety concept to ensure that the contact surface of the tyre remains precise and exact, on rain-slick motorways and sun-scorched boulevards alike.
Arsenal Capital Partners scores Polytek
Arsenal Capital Partners, a leading private equity firm that invests in middle-market specialty industrials and healthcare services companies, acquires Polytek Development Corp, a US manufacturer of liquid mould rubbers and casting plastics, from Morgenthaler Private Equity. The terms of the…
Camso opens new facility in Iowa
Camso recently celebrated its new manufacturing facility in Peosta, Iowa with its employees, family, members of the community, customers, partners, and the media. The new building features and expansive 240,000 sqf layout, and guests were able to watch the assembly…
Michelin revises market forecast based on EU emissions squeeze, China slowdown
French tyre maker Michelin has revised the full-year forecasts for the global tyre market, warning that a sales slowdown could worsen in the fourth quarter, against the back of slower demand from China’s car market and new emissions standards in…