Hankook Tire Co. Ltd. announced that it has been selected by the BMW Group to equip the new 2014 BMW MINI, and the tyre maker will also be equipping the new Mercedes-Benz C-Class. The company will supply the original equipment…
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Evonik and GCL on jv for silicon compounds plants in China
German specialty chemicals Evonik Industries and Chinese polycrystalline silicon (PCS) manufacturer Jiangsu Zhongneng Polysilicon Technology Development, signed a letter of intent to form a joint venture for the production of fumed silica and ultra-pure silicon tetrachloride in China. Evonik, a…
Truck and bus tyres top first quarter sales in EU – ETRMA
The European Tyre and Rubber Manufacturers Association (ETRMA) recently published sales generated by its members in the first half of 2014. The figures indicated an uptrend in truck and bus tyres sales in Europe during the first quarter of the…
Kumho to restart construction of US facility
South Korean tyre marker Kumho Tire said on Tuesday it plans to invest $413 million to build its first factory in the United States to cater to demand from Hyundai Motor Co and other global automakers. Kumho Tire said it…
Bright outlook on improving tyre demand vanishes, tyre manufactures buy less SBR
Platts reports, “Optimism about improving tire demand appears to be fading as tire manufacturers nominated lower feedstock emulsion styrene-butadiene rubber contractual volumes in July as tire sales fell, market sources said this week. Weak replacement tire figures were described as…
Hexpol gains business of Kardoes Rubber
Hexpol has signed an agreement to acquire the business of Kardoes Rubber Co. from the founder Frank Kardoes and his family. Frank Kardoes started Kardoes Rubber in 1988 and Kardoes is today a well-known rubber compounder in the U.S. market.…
Malaysian rubber smallholders and tapper’s payment, not compensation
The payment from the government to rubber smallholders and rubber tappers should not be considered as compensation but special assistance. It was to help them tide over the current slump in the market price of the commodity, Rural and Regional…
Two Nexen tyres gains German iF Design award
A milestone achievement has been made by Nexen Tire in terms of design and performance. Both Nexen N’FERA SUI UHP tyre and N9000 tyre have become winners at the 2014 German iF Design Awards. The first award for N9000 product…
TVS Tyres plans to increase manufacturing capacity
Sailing with the growth momentum two-wheeler industry witnessed during last year, the tyre maker, TVS Tyres plans to increase its manufacturing capacity by 12% or 2,00,000 tyres per month this fiscal. The company currently produces 1.7 million tyres per month.…
Conti introduces limited-edition passenger car and bus tyres
To celebrate the 2014 FIFA World Cup™ in Brazil, the official sponsor Continental has added three limited-edition passenger car and bus tyres to its product portfolio. The special design on the side walls of the ContiPowerContact and ContiMaxContact MC 5…