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Trelleborg expands to Europe with new acquisition

TRELLEBORG, through its business area Trelleborg Wheel Systems, has completed acquisition of Dutch firm Industriebanden Beheer’s industrial tyre business. The Ridderkerk-based unit specialises in the distribution and service of industrial tyres, such as those fitted on forklift trucks, and serves…

Goodyear divests farm tyre business

GOODYEAR Tire & Rubber Co. is exiting the farm tyre business in the Europe, Middle East and Africa or EMEA region. The company earlier announced that its Goodyear Dunlop Tires France subsidiary (GDTF) planned to discontinue consumer tyre production at…

Cabot to get royalties from technology deal

MICHELIN will pay royalties to Cabot. for 10 years for the exclusive use of Cabot’s patented liquid-phase rubber mixing technology, which both companies developed four years ago. Value of the payment has not been disclosed. Cabot describes the patented technology…

Hankook hit higher profits in 2012

THE South Korean tyre maker said it generated higher profits by 57.9% last year compared to only 8.3% in the year earlier, as sales of its high-performance tyres increased more than 30%. Its operating income reached US$812.9 million on revenue…