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Questions over meet on rubber

Today sees Phnom Penh host the “4th Rubber PLANT Summit” – an event promoting foreign investment into Cambodia’s expanding rubber plantation sector. With the promise of Cambodia’s abundant “unused land” splashed across the event’s website, many of the rubber industry’s…

Japan’s Yokohama Tyres bets big on India

Japan-based Yokohama Tyres, which opened a manufacturing plant last month, is undertaking feasibility studies on supplying tyres to Indian car companies, a top official of the company said. “Right now we are not in position to talk to these companies…

The Top Town Tyres building on the market

The Top Town Tyres building is on the market, as the company is moving to a bigger location near The Base. The company has been based on Te Rapa Rd since moving from Anglesea St in 2006. Director Julian Tordoff…

Apollo launches new Apterra SUV tyre range

Apollo Tyres has launched its new Apterra H/P on-road high-performance summer tyre for SUVs at the ongoing Geneva Motor Show. The new tyre, which is available in H and V speed indexes and being introduced globally, has been developed by…

Evonik snags top US silicic acid ester supplier

German industrial firm Evonik Industries AG has acquired Silbond Corp, a leading supplier of silicic acid esters based in Michigan, US. The mid-double digit million-euro transaction closed on February 28, 2014. As a special group of functional silanes, silicic acid…

Europe slows Synthomer

Last year was predictably hard for Synthomer (SYNT). Falling demand in Europe easily offset recovery in Asia, depressing the cash profit margin and ending a run of unbroken growth in underlying earnings stretching back to 2006. And while there have…

Michelin to cut 500 jobs at Pictou County plant

Michelin North America (Canada) Inc. has announced it will significantly reduce tire manufacturing at its car and light truck tire plant in Pictou County, N.S. over the next 18 months. The company says the move, which will affect 500 employees,…

Vogue Tyre acquires E&G Classics

Vogue Tyre & Rubber Co. has acquired certain assets of E&G Classics, forming a new, separate company: E&G Corp. “Partnering with E&G is a great opportunity for Vogue Tyre, E&G and our collective customers,” said Greg Hathcock, president of Vogue.…