Michelin announced today a project to close its truck tyre plant in Budapest, Hungary In response to the adverse trends and aggressive competition in the European truck tyre market, which remains volatile and 23% down on its historic peak in…
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Bridgestone’s ORR tyre plant in the US depends on Penetron durability
Used primarily for large exploration and transport vehicles utilized by the petroleum and energy industries, off-road radial (ORR) tyres can be really BIG. Bridgestone, the world’s largest tyre and rubber manufacturer, previously produced its large and ultra-large ORR tyres exclusively…
Trelleborg plans to build US agricultural tyre facility
Trelleborg has, through its business area Trelleborg Wheel Systems, decided to invest in a production facility for agricultural tyres in the U.S., thereby creating a platform for local presence and growth in North America, and a global position in the…
Bluestar Silicones reveals silicone products at OTC
Bluestar Silicones will showcase its elastomeric and foam control silicone solutions for the oil and gas market at the Offshore Technology Conference (Booth #11906), May 5-8, in Houston. Bluestar Silicones will introduce its Bluesil™ RT Foam 3242, an innovative open…
Sameer Africa concludes agreement with Chinese tyre maker
Nairobi-listed company Sameer Africa has inked a lucrative franchise deal with a “leading Chinese tyre manufacturer”, which will see the company supply cheaper tyres to Sameer, as it seeks to boost sales after it last year ended ties with ex-partner…
Conti reports profit rise in the first quarter
Hanover, May 6, 2014. The Continental Corporation posted a strong start to the year, significantly increasing its profits. In the first quarter of 2014, net income attributable to the shareholders of the parent grew by 33.3% to €588 million. Earnings…
Liberian President pledges support to restore rubber industry
President Ellen Johnson Sirleaf has pledged government’s support to the revitalization of the rubber industry following the sharp fall in its production in recent years. The Liberian President, in a meeting with the Rubber Farmers Association, shared the concern of…
Indian gov’t sorting out strategies to save sinking rubber market
With the price of natural rubber hitting a five-year low, various organisations and governmental agencies are now pacing towards a paradigm Shift, sorting out strategies to save the sinking market. The natural rubber procurement process has gained some momentum with…
Thai rubber planters plans protest against government
Rubber planters have vowed to converge on Bangkok on Wednesday to protest against the government’s plan to sell off its stockpile of 220,000 tonnes on the cheap. The leader of a rubber group has raised doubts about the transparency of…
Kenda Rubber aims for European car tyre market
Kenda Rubber Ind. Co, Ltd of Taiwan is increasing its presence in the European car tire business, focusing particularly on the German market. The strategy is being led from Oldenburg, where Kenda Rubber Industrial Co. Europe GmbH has established its…