Nokian Tyres North America, a member of Nokian Tyres Group, has acquired the tyre distribution business from Import Tire Inc. in Glastonbury, Conn. Import Tire has a turnover of approximately $10 million. The purchase includes Import Tire’s warehouse containing 50,000…
Author: admin
Cost upsurge weigh on Malaysian rubber glovemakers
The plunge in global rubber prices to almost a five-year low currently may seem like a boon to many rubber glove manufacturers given the cheaper raw material that represents nearly half of their total production costs, which could result in…
Yokohama and Kumho extends R&D agreement
Yokohama Rubber Co. Ltd. announced it has signed a cooperative research and development agreement as well as a license and technology exchange agreement with South Korea’s Kumho Tire Co. Inc. The agreements are based on the master technological alliance agreement…
Lanxess CEO prepares company for future realignment
Synthetic rubber producer Lanxess A.G. is facing a difficult time over the next three years as its management seeks to realign the company and counter ongoing market challenges, new CEO Matthias Zachert said. “We are currently facing major challenges, especially…
Kenda Rubber builds truck tyre factory in China
Taiwan’s Kenda Rubber Industrial Co. Ltd. is broadening its scope into the radial truck and bus tyre sector, supported by the firm’s decision to build a dedicated truck tyre factory in China, Kenda Chairman Ying-Ming Yang told Tire Business during…
Nokian introduces reliable off-road tyre
The Nokian Noktop 86 offers stable reliability for demanding earthmoving applications. Nokian Heavy Tyres is now introducing wider selection for this product that works reliably even under difficult conditions. Nokian Noktop 86 now covers tyre sizes 315/80R22.5 and 13R22.5. Due…
TBC adds new tyre to light truck range
TBC Wholesale Group is adding four 17-inch sizes to the Trailcutter HLT light truck line, which is part of its exclusive Edge Highway SUV/CUV/LT Powerline program. The June addition of replacement and OE sizes LT265/70R17 E, LT245/75R17 E, LT245/70R17 E…
UK firm builds multi-million tyre recycling plant in Kenya
Machakos County could benefit from a multi-million tyre recycling facility if a plan being mooted by Kenya National Chamber of Commerce and Industry (KNCCI) is adopted. To be built at a cost of Sh1 billion by UK firm, REMAPOL Limited,…
International Rubber Study Group introduces SNR-i
The International Rubber Study Group (IRSG) launched its Sustainable Natural Rubber Initiative (SNR-i) at its World Rubber Summit 2014 in Singapore May 19-21. SNR-i is designed as a contribution to the sustainability and transparency of the rubber field, the IRSG…
Firestone launches new truck tyre range
Bridgestone has unveiled the new Firestone truck tyres generation, designed to offer truck operators a good and reliable level of performance combined with long service life at low cost.The FS422 (steer), FD622 (drive) and FT522 (trailer), successors to the well-known…