Bridgestone Americas announced that its subsidiary, TAJ Acquisition Co., is commencing a cash tender offer to purchase all outstanding shares of The Pep Boys. Bridgestone and Pep Boys previously announced on Monday, October 26, 2015, that they had entered into…
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Austin Footwear launches recycled rubber shoe line
Austin Footwear Labs rolls out a footwear line made from more than 50% upcycled scrap tires. Austin Footwear Labs sandals are made from APX, a patented material created by Austin Rubber. The APX-making process takes tires at the end of…
Continental named official sponsor of 2019 AFC Asian Cup
Continental’s Tire Division will be Official Sponsor of the 2019 AFC Asian Cup in the United Arab Emirates. The sponsorship also includes the qualifiers for the 12 best teams in the AFC Asian Cup UAE 2019, the 2018 AFC Women’s…
RMA appoints new president and chairman
The Rubber Manufacturers Association (RMA) elected Gary Garfield to serve as the Chairman of the Board of Directors and Anne Forristall Luke as its new CEO. Garfield is CEO and president of Bridgestone Americas, Inc. (BSAM). Garfield succeeds Pete Selleck,…
Kumho Tire relocates HQ to Atlanta
Kumho Tire USA, Inc. relocated its corporate headquarters from Rancho Cucamonga, CA to Atlanta, GA. The relocation will help streamline communication & cooperation within our company by placing the management team and support staff in proximity of our new Macon,…
Cabot to close Indonesian carbon black facility
Cabot Corporation will be closing its carbon black manufacturing facility in Merak, Indonesia. Operations are expected to cease by January 2016. The decision, which will affect approximately 50 local employees, was driven by the Merak facility’s financial performance over the…
Lanxess opens new production line in China
The Lanxess Rhein Chemie Additives business unit opened a production line for Rhenoshape tire curing bladders at its production site in Qingdao, China. Rhein Chemie Additives is the only global player offering tire manufacturers bladders, release agents and tire marking…
TrelleborgVibracoustic appoints new CTO and CFO
TrelleborgVibracoustic announced that from 1st of January 2016, Dr. Jörg Böcking) will assume the position of Chief Technology Officer (CTO) and Stefan Eck will take over the position of Chief Financial Officer (CFO) at the leading supplier of automotive vibration…
Replacement tyres account for over 80% of US tyre market
According to TechSci Research report, “United States Tyre Market Forecast & Opportunities, 2020”, tyre market in the United States is forecast to witness a nominal growth during 2015 to 2020. Despite increased taxes, regulatory burdens and capping on the foreign…
Winter tyres to dominate tyre sales in Russia
According to TechSci Research report, “Russia Tyre Market Forecast & Opportunities, 2020”, tyre market in Russia is dominated by domestic tyre manufactures such as Nizhnekamskshina, Cordiant and Altai. Other major global tyre players operating in the country include Nokian, Pirelli,…