Dynamic Tire Corp. has issued a recall for certain Towmax STR tyres. The tyres, size ST225/75 R15 manufactured June 15, 2014 to Oct. 14, 2014, may have the incorrect load capacity and inflation pressure stampings, the tyremaker said. Since the…
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Reliance and Sibur to set up rubber facility in Gujarat
The Financial Express reports, “Reliance Industries has joined hands with Russia’s Sibur to set up a butyl rubber manufacturing plant in Gujarat. The agreement would be highlighted during Russian President Vladimir Putin’s visit to India, starting Wednesday, said Russian Ambassador…
American tyre manufacturer plans to invest in South Carolina
According to SCNow.com, the city of Johnsonville, S.C., is working hard to land a supposed tyre manufacturer named American International Tires Inc. The company is promising close to 100 jobs. The news was announced when Javed Bodian, president and CEO…
Giti tyre plant bidding suspended
Bidding for construction at Giti Tire’s new plant in Chester County, S.C., has been halted until a lawsuit challenging the process has been resolved. This legal action pulls into question when construction on the plant might begin. On Dec. 1,…
Surat Thani rubber farmers plans potest to urge gov’t to hike rubber prices
Rubber planters from four districts of Surat Thani province plan a major rally in front of the city hall on Tuesday to press the government to raise rubber prices to at least 80 baht per kilogramme for rubber sheet. The…
India’s Uno Minda set up jv with Toyoda Gosei to manufacture rubber hoses
Auto component maker Uno Minda has inked a joint venture agreement with Japan’s Toyoda Gosei Co to manufacture and sell rubber hoses in the country. As per the agreement, the partners would set up a joint venture (JV) firm with…
IVL to acquire Performance Fibers; adds on to auto portfolio
Thailand-headquartered PET integrated manufacturer Indorama Ventures (IVL) has reached a definitive agreement to acquire one of the world’s premium automotive fibre businesses, Performance Fibers Asia, including all its Asian manufacturing operations and the right to continue using the name Performance…
Thai govt’s pursuit to boost rubber prices hindered by red tape
Deputy Prime Minister Pridiyathorn Devakula admitted yesterday the government’s attempts to tackle falling rubber prices have been slowed by bureaucratic red tape. However, he said he was sure local rubber prices would soon pick up after a cabinet meeting today…
Malaysian ministry to outline ways on how to help rubber smallholders
The Rural and Regional Development Ministry is looking for the best approach to help rubber smallholders, of about 400,000 people in the country, whose income has been affected due to the drop in the price of rubber. Its minister, Datuk…
Mitas begins global sales of VF farm tyres
Czech tyre maker Mitas, starts selling its very high flexion (VF) farm tyres in worldwide markets. In a press release, Mitas said the VF tyre product line played a key role in the firm’s premium product offering, which is replacing…