The global demand for silicones is predicted to grow by 5.8% per year to USD19.6 billion in 2019, according to Report Buyer. Through 2019, strong growth in silicone consumption is expected in the construction market, where an improved outlook in…
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Giti Tire appoints new managers in Spain
Giti Tire appoints two new business development managers for their truck and bus tyre business in Spain. Rosaura Maria Gonzalez Frade and Daniel Gonzalez Martin will strengthen the existing market and work closely with the fleet and local business partners…
Lassa Tyres named official tyre partner of FC Barcelona
Lassa Tyres was named the official tyre partner of FC (Futbol Club) Barcelona for this season. The new season kits for indoor teams were also unveiled at the launch event last September 14. Lassa Tyres is owned by Brissa, Europe’s…
JK Tyre acquires Kesoram Industries’ tyre unit in India
JK Tyre & Industries Limited (JK Tyre) and JK Asia Pacific Singapore Pte Limited signed an agreement with Kesoram Industries Limited (KIL) to acquire Cavendish Industries Limited (CIL). CIL has a unit located at Haridwar (Laksar), India which manufactures a…
VW Touran will have self-sealing tyres from Hankook
Hankook Tire launched a self-sealing tyre called Ventus Prime Sealguard. The tyres have a viscous material coating, which closes on its own even when punctured up to 5mm deep. The tyre maker announced the Ventus Prime Sealguard in the Frankfurt…
Goodyear invests USD49mn on South Africa plant
Goodyear South Africa announced that it will invest USD670 million to increase high-value-added consumer tyre production at their manufacturing plant in Uitenhage, Eastern Cape. All production of medium radial truck tyres will be relocated to other Goodyear plants in other…
Zeon and Yokohama Rubber develop synthetic rubber from biomass
Zeon Corporation, with National Research and Development Agency (RIKEN) and Yokohama Rubber Co., Ltd., recently made isoprene from biomass. Isoprene is the raw material used to produce synthetic rubber (polyisoprene rubber) for automobile tires. Industrial isoprene is currently produced as…
Indian automotive industry looking up
The Indian automotive industry is steadily growing, with an 11% growth in the last financial year. But Ramesh Suri, President, ACMA and Chairman said that further growth will depend on how the industry will handle its challenges. He spoke at…
Hankook Tire reaches wag agreement with workers
Hankook Tire management and workers reached a tentative agreement on workers’ monthly wages. The agreement was reached after workers voted on the latest proposal last September 6 to 8. According to Business Korea, in “the tentative agreement, the base pay…
Vibram and Hankook teamed for new shoes and tyres
Hankook Tire teamed up with footwear company Vibram to make futuristic concept tyres and shoes to be exhibited at the International Motor Show (IAA) in Frankfurt, Germany from Sept. 15 to 27. In total, five products are being unveiled. Hankook…