Germany’s Osram (OSRn.DE) plans to transfer its 2 billion euro (US$2.5 billion) general lamps business into an independent legal structure, paving the way for a possible spin-off or sale and allowing it to focus on automotive lighting and components. The…
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Dow Corning Silicone increases competitiveness of solar energy
Global leader in silicon-based solutions Dow Corning will present its state-of-the-art solar solutions during the 9th International Photovoltaic Conference and Expo at booth W4-523 at the Shanghai New International Expo Center in China, from April 28 to 30. Committed to…
MEXICO: Goodyear announces US$500m, 6m unit tyre factory
The Goodyear Tire & Rubber Company announced it would build a new tyre factory in San Luis Potosi, Mexico to supply customers in the Americas. Goodyear chairman and CEO Richard Kramer made the announcement at a ceremony in Mexico City with Mexican…
10 Million ECOPIA Tyres Sold in the Asia Pacific Region
Bridgestone Asia Pacific Pte. Ltd. (BSCAP) today announced that more than 10 million ECOPIA passenger car tyres have been sold in the Asia Pacific region1. This milestone was achieved five years after the launch of ECOPIA in the region.3. When…
Tanzania to inject US$20m to revive General Tyre
The state is preparing to pump in over US$20 million to breathe life into the defunct General Tyre East Africa, whose production lines stalled in 2009 due to, among other factors, importation of cheap tyres. Industry and Trade Minister Dr…
Solvay to construct silica plant in South Korea; 800 ktonnes
Brussels-headquartered Solvay today launched the construction of its Highly Dispersible Silica (HDS) production plant in Gunsan, South Korea, to address growing demand in Asia for energy saving tyres and to develop innovative HDS grades. In the presence of the Head…
Chinese dumping hurting Indian tyre makers
With the US imposing anti-dumping duty on Chinese tyres, imports of such tyres into India has surged over the past several months, adding to pressure on Indian tyre makers. At a basic custom duty of just 10%, Chinese tyres have…
Introducing guayule
Guayule is an little-known desert shrub, largely unremarkable except for one thing: It’s full of latex. That’s right, the stuff used to make rubber. Big tyre manufacturers like Bridgestone are now betting on guayule as the next big thing. But…
Goodyear to Build Tyre Factory in San Luis Potosi, Mexico
The Goodyear Tire & Rubber Company today announced it will build a new tyre factory in San Luis Potosi, Mexico to serve its customers in the Americas. Goodyear Chairman and Chief Executive Officer Richard J. Kramer made the announcement here…
Tokyo futures rise in thin trade as oil prices climb
Benchmark TOCOM rubber futures inched up on Monday, helped by higher oil and metals prices at the end of last week, but trade was thin as investors looked for clues on the economic outlook in top buyer China and plans…