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Marsh Bellofram division develops new silicone sponge sheeting

Bellofram Silicones, a division of the Marsh Bellofram Group of Companies and an industry leader in the design, development and manufacture of extruded silicone, closed-cell silicone sponge sheeting, and molded rubber products, including specialty rubber compounds, has announced the global…

Kumho develops tyre preparation facility in Germany

South Korea’s Kumho Tire Co. Inc. has expanded its testing capabilities in Europe, setting up a 10,750-sq.-ft. tyre preparation facility at an independent proving grounds near Papenburg to help it develop its position in the European market. The facility, located…

Hankook to build technical office in Spain

Hankook Tire Co. Ltd. and Spain’s Applus+IDIADA, an independent automotive engineering concern, have agreed to work together on a variety of research initiatives to support Hankook’s expanding OE business in Europe. As part of the contract, Hankook is opening a…

ContiTech’s acquisition of Veyance to finalize in Q4

The acquisition of Veyance Technologies Inc. by ContiTech A.G. is proceeding along relatively smoothly and should be finalized by the fourth quarter. ContiTech expected that antitrust authorities would investigate the planned transaction “with appropriate effort” when it announced the deal…

Nokian Tyres reports net sales decrease in first half

Nokian Tyres Group’s Net sales decreased by 11.8% to EUR 369.5 million (EUR 419.1 million in 4-6/2013). Operating profit was EUR 90.7 million (120.2). Profit for the period amounted to EUR 66.1 million (85.6). Earnings per share amounted to EUR…