2015 output at Michelin is expected to increase from 11, 000 tonne to 16, 000. The Chennai factory began production last year, focusing on radial tyres, which is growing 14% in India. Michelin addresses a market of 16 million truck…
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Safic-Alcan acquires majority stake in ChemSpec Ltd.
Safic-Alcan has acquired a majority stake in ChemSpec Ltd. It will see Safic-Alan controlling 75% of chemical and polymer distributor ChemSpec. “This transaction is in line with the strategic vision of the group to expand geographically in North America while…
Viton VTR-9307 by Chemours launched
Chemours has launched Viton VTR-9307. The bisphenol-cured fluorinated rubber pre-compound is for the production of fluoroelastomer (FKM) parts with long-term resistance to hot acidic gases and condensates. Based on proprietary technology, the new product is said to combine the advantages…
Much improvement needed for Liberian rubber
Former Executive Director of the Sri Lanka Rubber Institute Dr. Tillekeratne says farmers must take their jobs seriously in order to generate money. He also spoke of the Ribbed Smoked Sheets or RSS during a one-day forum held at in…
Bridgestone Americas tyre operations plant achieves another safety milestone
The Aiken County, S.C., passenger tyre (PSR) plant has achieved one million man hours without a lost-time accident. During its 17 years of operations, the Aiken PSR Plant has been the recipient of multiple safety awards and recognitions, including: South…
Profit falls for tyre maker Sameer
Kenyan tyre maker Sameer suffered a 42 % loss in pre-tax profits recently. Sameer said it continued to face competition from cheaper, imported tyres from Asia, a factor it had blamed for losses in 2014. Political unrest in Burundi, a…
German carmakers to purchase Nokia HERE
A line of German automakers have agreed to buy Nokia’s business HERE for 2.9 billion euros. The automakers include Daimler, BMW and Volkswagen’s premium division Audi. The sources said the deal was likely to be announced on Monday. Daimler declined…
Subaru calls for suppliers to affirm “human rights”
Fuji Heavy Industries (the parent company of automaker Subaru) has demanded of its suppliers to uphold “human rights and international standards of behavior.” “Our supply chain network has been made aware of our policy and expectations,” it said in a…
India poised for more natural rubber import
India is set to import more natural rubber as automobile sales rebound and local production dips. Director-general of the Automotive Tyre Manufacturers’ Association Rajiv Budhraja said that output may fall 5% to 7 %, thus increasing imports. The increase in…
Toyo Tires signs three-year partnership withFC Zenit Saint Petersburg
Toyo Tires and FC Zenit announced the signing of a three-year partnership contract. Part of this partnership includes: advertisement at Zenit’s home stadium and major mutual co-operation for the two partners. To kick start the partnership, a new online game…