Teijin Limited and Teijin Frontier Co., Ltd., the Teijin Group’s fibre product converting company, jointly announced today that they will accelerate their automotive rubber materials business in Thailand by establishing Teijin FRA Tire Cord (Thailand) Co., in partnership with Ayaha…
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China rubber stocks decline linked to Qingdao port fraud investigation
Rubber stocks in bonded warehouses in China’s Qingdao port have fallen about a tenth from a peak in May, partly on reduced demand for the commodity as a loan collateral after a fraud investigation at the port, industry sources said.…
Kumho resumes plan to open US tyre plant
A spokesperson for Kumho Tire USA. Inc., the US subsidiary of South Korea-based Kumho Tire Co. Ltd., said the company has resumed its plan to open a production plant in the United States that had been suspended for six years.…
Tokyo rubber futures attains two-month high due to oil gains
Benchmark Tokyo rubber futures snapped a five-session rally to head lower on Tuesday, pulling back from a more than two-month high in the previous day, as profit-taking and a decline in crude oil market pressured prices. The benchmark rubber contract…
Bridgestone explains S. Africa division’s statement on retreaded tyres
Reacting to a technical statement from a sister division in South Africa that warned about retreaded passenger tires, Bridgestone Americas has clarified its position regarding the use of retreads. According to the e-newsletter of the Retread Tire Association (RTA), Bridgestone…
Hutchinson reveals new line of Enduro tyres
Hutchinson is launching a line of Enduro tyres, with three models, each available in 26-inch, 27.5-inch or 29-inch in varying widths. The Enduro Range includes reworked versions of the some of the company’s existing treads. The Squale is for dry…
Vredestein unveils new all-season tyre
The Vredestein Quatrac 5 is the latest evolution in the company’s all-season tire line, which began more than 20 years ago with the Quatrac. The asymmetric tread and shoulder design features unique summer and winter sides. The summer side –…
Cooper announces to build Global Technical Center
Cooper Tire & Rubber Co. officially announced its upcoming Global Technical Center (GTC), a $35.5 million leading worldwide center of excellence for tyre science and technology, advanced technology and innovation technology, that will ultimately employ 40 scientists and engineers, many…
Toyo to upgrade rubber mixing facility in Kentucky plant
Toyo Automotive Parts (USA) Inc. will expand and modernize its facility in Franklin, Ky. The manufacturer of anti-vibration auto parts will invest $6 million and create up to 10 new jobs. The upgrade will include adding rubber mixing to the…
Indian tyre makers beat global colleagues in returns
Shares of local tyre makers have surged over two-and-half times in the past year, returning four times more than their global peers. Analysts cite high profitability and growth, as well as cost competitiveness of the Indian manufacturers for this stellar…