Pneumatic tires are in high demand in the automotive industry and will continue to be in high demand for the coming years, according to ReportLinker. Pneumatic tires are rubber tires filled with compressed air that enhances the tires loading capacity…
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Silica market to be worth USD9.9bn by 2025
Revenues from special silica will jump from USD5.1 billion today to USD9.9 billion by 2025. Special silica will mostly be used to make “green” tyres. Future Market Insights (FMI) delivers key insights on the global specialty silica market in its…
Haze in South East Asia affects palm oil production
The haze hanging over the palm-growing regions in Malaysia and Indonesia are affecting the plant’s growth and may reduce oil production by 10 to 20%. Palm oil production may decline 10% to 20% in the affected areas, according to IJM…
Yokohama tyres chosen as OE for special edition Morgan
Yokohama was named Original Equipment (OE) tyre for the latest addition to the Morgan range, the ARP4. Developed by Morgan’s motorsport arm, AR Motorsport…
Global demand for silicones to grow by 5.8%
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…
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…