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Yokohama Rubber sets up Italian subsidiary

Considering the strategic importance of the Italian market, Japanese tyre maker Yokohama Rubber has set up Yokohama Pneumatici Srl, a wholly owned subsidiary of the Yokohama Group. Headquartered in Milan, the company has been operational from 1 January 2024. The…

China/Cambodia tie up in US$1 bn rubber/tyre projects

The influx of Chinese investment into Cambodia was given a boost with the recent collaboration between the Cambodian government and the Chinese National Engineering Research Centre for Rubber and Tire (Nercrat). The partnership is set to bring a new level…

Bridgestone expands hose business through acquisition of HosePower

Bridgestone HosePower (HosePower), a wholly owned indirect subsidiary of Japanese tyre maker Bridgestone Corporation, announced that it has acquired Greenville, South Carolina-based Cline Hose & Hydraulics. The acquisition furthers the expansion of HosePower’s hydraulic and industrial hose solutions and service business. Terms…

Metso to discontinue rubber parts manufacturing in Sweden

Finnish industrial machinery maker Metso has concluded the union negotiations at its Trelleborg rubber and Poly-Met factory in Sweden, announced in November 2023. It says that “after carefully evaluating the supply chain operations at a regional and global level from…

Goodyear ties up with Gatik on tyre intelligence integration

Tyre maker Goodyear Tire & Rubber Company and Gatik Inc, specialising in autonomous middle mile B2B logistics, announced the expansion of what they say is “the industry’s first, successful integration of tyre intelligence technology” into an autonomous driving system. Gatik’s…

Wacker to expand silicones production to Czech Republic

German silicones supplier Wacker Chemie says it intends to further expand its silicone specialty business and is reorganising its production facilities in Europe. For example, a new production site for silicones is to be built in Karlovy Vary, Czech Republic.…

Toyoda Gosei enhances technical capacity in India

Auto parts supplier Toyoda Gosei Co says it has relocated and enlarged its existing engineering and sales office to the new Toyoda Gosei Technical Centre India, a branch office of Toyoda Gosei Minda India, in Manesar, Haryana. The office that…