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DMACK Tyres aspiring to catch consumer market

The Carlisle-based tyre brand DMACK is launching a range of 75 tyres for the consumer market. Dick Cormack, a former rally driver and motorsport product development manager at Pirelli, set up the business in 2006 initially to design and produce…

Rubber prices toughen

Physical rubber prices finished marginally higher on Saturday. The market opened steady but improved on covering purchases during late trading hours. The trend was mixed. Sheet rubber firmed up to Rs.149.50 (149.00) per kg, according to traders. The grade improved…

MRF eyes procurement, may set up factory outside India

India’s second-largest tyre maker by revenues MRF Ltd is eyeing several acquisitions opportunities but remains cautious over committing itself to inorganic expansion, chairman and managing director KM Mammen told The Times of India. Taking a dig at the aborted deal…

ZF expands in Czech Republic

Approximately 200 new jobs will be created at the ZF Friedrichshafen’s Czech development location in Pilsen by 2017. The increasing number of development projects from corporate headquarters and the divisions have required to expand capacities. The technology company has now…

Apollo Tyres to launch Chennai R&D hub

The Chennai manufacturing complex is turning to be a major hub for Apollo Tyres as the country’s leading tyre maker is set to launch its global R&D centre located inside the production unit at Oragadam. “The company will inaugurate its…