Tyre maker Michelin’s Bassens petrochemical site, located about 6 miles from Bordeaux, recently celebrated its 60th anniversary, having been opened since 1964, producing and developing elastomers. The site, with its 460 employees, plays a strategic role by producing several tens of…
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VMI opens service/R&D centre in India
Tyre building machinery firm VMI Group has officially inaugurated its new facility in India. This new facility will house a new overseas extension to VMI’s global engineering and will also be the service, maintenance and upgrade centre for the fast-growing…
Camfin pumps up stake in Pirelli; Brembo sells entire stake in Pirelli
Italian auto parts maker Brembo has sold its entire 5.6% stake in Italian tyre maker Pirelli for around EUR283 million, a move that has dampened speculation about a merger between the two Italian groups. Sinochem holds a 37% stake in the tyre maker.…
Cabot mulling CNT/dispersions facility for batteries in US
US-based Cabot Corporation says it has been selected for an award negotiation of up to US$50 million by the US Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new US-based…
Evonik breaks ground on silica expansion at US site
German silica producer Evonik has broken ground on what it says is a “significant” expansion at its Charleston site in South Carolina’s Berkeley County. This new development will boost the production capacity of precipitated silica by 50%, catering to the…
Nokian opens first tyre factory with zero CO2 emissions in Romania
Finnish tyre maker Nokian Tyres recently opened its passenger car tyre factory in Oradea, Romania. The factory inauguration marks the successful completion of a two-year long project and sets the ground for commercial production in early 2025. The factory produced…
Continental to build first fully owned tyre distribution centre in the US
German tyre maker Continental is investing into its first fully owned tyre distribution centre in the U.S., in the Dallas-Fort-Worth-Metroplex. With the new facility, Continental Tires says it is improving both service levels and customer support even further. Designed with…
Toyoda Gosei to open new plant in India to meet auto parts demand
Japanese auto parts supplier Toyoda Gosei says it will open a new plant in Harohalli in the state of Karnataka, India to meet the growing automobile production in the country. The new plant is a branch plant of Toyoda Gosei…
Marangoni/Prinx Chengshan tie-up for tyre casings
Italian retreading firm Marangoni has tied up with tyre maker Prinx Chengshan Europe/Austone Tires to address the growing needs of customers and fleets to have additional casing sources by offering an integrated tyre solution that combines new and retreaded tyres.…
BKT opens carbon black plant in India
Indian tyre maker Balkrishna Industries, a manufacturer of off-highway tyres (OHT) under the brand name Balkrishna Tyres (BKT), said that it has completed the capex for 30,000 tonnes/year of high value of advanced carbon material and commissioned the plant in…