Steeped in tradition, the U.S. tyre brand General Tire is celebrating its foundation 100 years ago. With this in mind, the employees enjoy pointing out the impressive test track in the middle of the Texan desert. There, in the rather…
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ChemChina chairman says hopes to re-list Pirelli in Italy
* Expects to increase workforce, no redundancies * Says deal is “revolutionary” for ChemChina rubber, tyre ops * Calls Tronchetti partnership “a very beautiful marriage” (Adds strategy details in paragraphs 5-7, comment on redundancy in pars 9-10) The chairman of China National…
Michelin nabs two awards at tech show
French firm Michelin, as the world’s leading tyre industry brand, has continuously concentrated on tyre development and innovation, thus providing consumers all over the world with higher quality tyres and an unforgettable driving experience. Michelin has earned approval and praise…
Lanxess to close EPDM plant in Germany; reports slight sales decline and competitive outlook
Speciality chemicals group Lanxess intends to stop EPDM rubber production at its Marl, Germany, site at the end of 2015. The German company says that within its EPDM production network, the Marl facility is the least competitive due to economy…
Global rubber gloves market report 2014
Over the past years, there has been a notable rise in the demand of gloves whenever there is an outbreak of flu or viral diseases. During and after such outbreaks, there is a sudden change in the demand for rubber…
Business, military, government seize land for rubber in Myanmar: rights group
Businesses in Myanmar have colluded with military and government officials to seize vast tracts of farmland from ethnic minority villagers in the northeast, using much of the land for rubber plantations, a UK-based rights group said. Over the past decade, 5.3 million…
European Factors to Watch-Shares to edge up; Holcim-Lafarge in focus
European shares were indicated to edge higher at the open on Friday, setting up an index of euro zone blue chips for its seventh consecutive weekly gain. Futures for the Euro STOXX 50 equity index, Britain’s FTSE 100 , Germany’s DAX and France’s CAC were…
Goodyear establishes tyre development center in China
The Goodyear Tire & Rubber Company (NASDAQ:GT) announced today that it has established its first development center in China. Located at the company’s state-of-the-art tire manufacturing facility here, the new center expands Goodyear’s capabilities in the Asia Pacific region and will enable it to…
Yokohama’s new Mississippi plan right on schedule
Ready. Set. Roll. That is correct, Yokohama Tire Manufacturing Mississippi, LLC’s (YTMM) new commercial tire plant in West Point, Mississippi, is nearing completion. The roughly one-million-square-foot factory is on target to begin production in October 2015, with many of its…
Silicone Coatings Market worth US$6 Billion by 2020
The report Silicone Coatings Market by Type, by End User Industry – Global Forecast to 2020, analyzes the global Silicone Coating Market with respect to market drivers, restraints, and opportunities in different regions. The global Silicone Coatings Market is successfully penetrating the…