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Michelin is reducing tire production in Canada

Michelin North America (Canada) Inc. has begun reducing the production of passenger and light truck tyres at its Pictou County plant in Nova Scotia. The reduction will continue through June 30, 2015. The company sites “declining demand for small-size car…

Yokohama claims noise, aero advances

Yokohama Rubber Co. Ltd. (YRC), working with researchers from Japan’s aerospace industry, has made advances in the study of turbulence and acoustic waves generated by rolling tires that it claims could lead to breakthroughs in reducing tire-generated noise and improving…

Federal, Kenda join ITMA

Taiwan tyre makers Federal Corp. and Kenda Rubber Industrial Co. Ltd. have joined the Imported Tyre Manufacturers’ Association (ITMA), an Essex-based group that represents the interests of imported tyre manufacturers in the European marketplace. Kenda and Federal become the ITMA’s…

Rubber revolution: Essential farm tyre round-up

Fuel efficiency demands make tyre pressures a big deal in modern-day farming and most of the major manufacturers have been flexing their rubber-making muscles in the past few months, as Oliver Mark reports. Michelin and Bridgestone Michelin demonstrated its firm…

CIMB Research maintains hold on Top Glove

CIMB Equities Research is maintaining its Hold recommendation on Top Glove and prefers Kossan which is its top pick in the glove manufacturing sector. It said on Friday Top Glove’s earnings growth will continue to be under pressure due to…

Tyres import causing loss of Rs5 billion to exchequer

The import of under-invoiced tyres continues unabated, rendering a massive loss of five billion rupees every year to national kitty, an industry source told The News on Thursday. Khurram Suriya, proprietor of Suriya Motors, said the import of tyres under…