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Hankook to build its first US facility

SOUTH KOREA’s Hankook Tire is setting up its first US plant, in bid to boost its presence in the country, the firm’s third largest market after China and Europe. The new plant will have an annual production capacity of 5m-10m…

Lanxess completes relocation to Cologne

Lanxess has completed the move of its Group headquarters from Leverkusen to Cologne. With its approximately 1,000 employees, the German speciality chemicals firm now occupies the Lanxess Tower at Kennedyplatz 1 in the district of Deutz. It will now manage…

Hankook inks tyre supply deal with Daimler

HANKOOK Tire Co Ltd it has begun supplying tyres to Daimler AG for the new Mercedes-Benz S-Class and E-Class sedans. The South Korean tyre manufacturer says that the contract with the luxury car maker is a big break for the…

USC names Continental as official tyre

THE University of Southern California (USC) Athletics Department and Continental Tire has closed a multi-year agreement that names Continental Tire the “Official Tyre of USC Athletics.” The agreement was facilitated by USC Sports Properties, the FOX-owned sales entity that manages…

Thai public health ministry to push for rubber gloves

PUBLIC Health Minister of Thailand, Pradit Sintawanarong says that medical gloves and other devices can also boost demand in the local rubber sector. Research and development of the various applications on local rubber can be conducted, he says, adding that…

Thailand to use surplus rubber for roads

THAILAND’s Transport Minister Chadchart SittipuntMORE said that excess rubber in the country can be used in road construction, following a directive from Prime Minister Yingluck Shinawatra’s policy to tackle the excess supply of rubber. Recently, Chadchart ordered the Highways Department…