An undisputed leader in tyre making in India, MRF (Madras Rubber Factory), India’s number one tyre company chose Salalah as the best location for a retreading factory in Oman. The factory opened under the auspices of Abdullah bin Salim Mahad…
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Aeolus reveals new steer winter tyre at Reifen 2014
Aeolus announced a steer position addition to its winter tyre series at Reifen 2014. The new tyre lines up alongside the existing ADW80 for drive axles, which has itself been expanded to include new sizes. Both tyres incorporate an extra-deep…
Bridgestone and Sumitomo quests Indonesia’s SIR20
Tyre manufacturers Bridgestone Corp and Sumitomo Rubber Industries bought a few cargoes of Indonesian rubber for nearby shipments, dealers said on Tuesday, but other grades struggled to attract buyers this week. A drop in benchmark Tokyo rubber futures also prompted…
Avon Rubber announces strong trading in first half
Avon is pleased to report that trading has continued to be strong since the end of the first half of our financial year. The Board remains confident that the outturn for the full year, after the impact of an estimated…
Cooper ‘less affected’ by enforcement of US duties on Chinese tyre imports
Cooper Tire & Rubber Co. executives feel the company will not be as impacted by the likely implementation of US duties starting next year on imports of consumer tyres from China as it was in 2009-12 because the company’s product…
Continental and IMSA extends multi-year partnership
Continental Tire the Americas LLC and the International Motor Sports Association (IMSA) have extended their multi-year partnership. Continental will continue as the “Official Tire of IMSA” through 2018. As part of the agreement, Continental also will continue as: the official…
Gripping opportunities in a niche market
The gloves sector is facing challenging times, with demand declining and an oversupply situation expected, though Malaysia, the largest exporter of gloves, maintains an optimistic view. Meanwhile…
Tyre sustainability with nanomaterials
Tyre demand is expected to reach 2.9 billion units or US$276 billion in 2017. With this huge demand, tyre companies weigh upon the availability of feedstock, costs of materials, as well as…
Rising sales, new products buoy up Bridgestone in 2014
Bridgestone Corporation has recently released its consolidated financial results for first half of 2014, posting increases in Net sales, Operating income, Ordinary income, and Net Income, over the same period a year ago. In a press release, Bridgestone indicated that…
North Sumatra rubber and rubber goods export earnings decreases
North Sumatras earning from exports of rubber and rubber goods declined 27.38 percent in the first half of the year on weak demand. “North Sumatras exports of rubber and rubber goods were valued only at US$814.54 million in the first…