Several states are expected to consider legislation banning the sale of unsafe used tyres. The Rubber Manufacturers Association (RMA), the national trade association for tyres manufacturers supports the efforts to rid the roadways of dangerous safety risks. RMA says that…
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Market-based approach in tyre management a success
The Rubber Manufacturers Association (RMA) has applauded the market-based approach to scrap tyre management which they say is a success and say it should continue to be a model for state action. RMA is participating in a scrap tyre forum…
Del-Nat assets acquired by TBC
TBC Corp has acquired the assets of Del-Nat Tyre Corp, including the ownership of all Del-Nat brands and trademarks. The acquisition of Del-Nat’s inventory, brands and trademarks will add both domestic and international customers to TBC’s portfolio, enhancing its distinction…
Continental Tyres enters Southeast Asian market
Continental Tyres have made new progress by entering into the Southeast Asian market. In 2014, Continental has started the distribution of passenger car tyres in Sri Lanka, Vietnam and Myanmar. Continental officially announced its entry to the market in Colombo,…
Research firms neutral on Malaysian automotive industry
Local analysts remain neutral on the auto and auto parts sector as the Goods and Services Tax (GST) implementation and other macroeconomic headwinds will pose challenges for automotive sales in 2015. RHB Research said it remained neutral with Berjaya Auto…
New Kordsa Global plant opens in Indonesia
The company invested US$100 million in the project and the plant, located in Bogor-Citeureup (Java) includes an 18 kiloton tyre cord fabric facility and a 14 kiloton third and fourth-generation polyester HMLS yarn facility. Over 200 people will be employed…
India Rubber Meet 2015 to gather the best of the rubber industry
Stakeholders of the Indian rubber industry will convene on March 4 to 5 this year for the India Rubber Meet 2015. The event which is to be held at Le Meridien, Convention Centre, in Kochi, India will see stakeholders such…
Daihatsu 2015 sales in Indonesia to remain flat
2015 sales of PT Astra Daihatsu Motor, is forecasted to remain flat at 185,000 units, Kontan daily reported. The firm recorded sales of 185,226 units in 2014, representing 15 percent of Indonesia’s domestic car sales. The Indonesian automotive manufacturers association…
25 billion baht to be provided to business operators buying natural rubber
The Government Savings Bank and Krung Thai Bank has been ordered by The National Council for Peace and Order (NCPO) to provide business operators with soft loans worth 25 billion baht to buy natural rubber from farmers. The resolution came after a…
Chinese car and light truck tyres to expect more duties
Tyre imports from China will be slapped with heavier duties by the U.S Department of Commerce. In a preliminary decision on Wednesday, Commerce set anti-dumping duties of up to 87.99 percent on car and light truck tires. Commerce had already…