Following the unveiling of its Laufenn brand last November, Hankook Tire reports that the Laufenn brand has surpassed expectations for growth in its first year. Hankook Tire representatives stated recently that the Laufenn brand has produced strong results as it…
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Global elastomers market to reach US$36 bn in 2022
The Global elastomers market accounted for US$22.37 billion in 2014 and is poised to reach US$36 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 6.1% during forecast period 2014 to 2022. The growing demand from automotive industry,…
Toyo Tires made life-size lion from scrap tyres
Toyo Tires made a life-size lion out of recycled tyres for the annual Tokyo Designe Week in Gaienmae, Tokyo. Marking its 30th anniversary this year, Tokyo Design Week 2015 showcased more than 1,000 creations in the four categories of design,…
Kal Tire expands in Chile
Kal Tire’s Mining Tire Group opened a new off-the-road (OTR) tyre retread and repair facility near the port city of Antofagasta, in the heart of Chile’s mining industry. “Kal Tire has been supporting the Chilean mining industry for many years,”…
Marangoni expands in Canary Islands
Marangoni Retreading Systems is expanding its market presence on the Canary Islands, through a partnership agreement stipulated with Boleca S.L., one of the archipelago’s retreaders. The Canary Islands account for an important share of the Spanish market, due to the…
Goodyear offers senior notes
Goodyear Tire & Rubber Company announced its public offering of US$1 billion aggregate principal amount of 8-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and…
New technology converts waste rubber to energy storage material
A new invention developed at the Department of Energy’s Oak Ridge National Laboratory (ORNL) converts waste rubber into a valuable energy storage material. The technology turns rubber sources such as tyres into carbon black composites through a proprietary pretreatment process…
Flexan expands China production
Flexan, a leading custom molded rubber manufacturer, is moving into its second building in the Suzhou Industrial Park, located 45 miles outside of Shanghai. The 50,000-square-foot building provides room for growth in production of custom rubber molding for its international…
Dunlop tyres are new Lexus RX OE
Sumitomo Rubber Industries, Ltd. began delivering its Dunlop SP Sport Maxx 050 tyres to Toyota Motor Corporation for use as original equipment on the new…
Shin-Etsu plans to expand facilities
Shin-Etsu Chemical plans to invest a total of ¥20 billion in facilities in Japan, as it proactively focuses on expanding its silicone business. The objective of the new facility investments in Shin-Etsu’s silicones business in Japan is to strengthen and…