US tyre wholesaler K&M Tire has acquired tyre dealer Michigan Tire & Wheel , following the completion of the deal on December, 2012. This is K&M’s third acquisition for 2012. K&M will be servicing its new dealer customers from its…
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Evonik to hike up price of some PU additives
STARTING February 1, the Comfort & Insulation business line of Evonik Goldschmidt Corporation will increase the prices of its Kosmos additives in North America. Prices for Kosmos 29 dilutions and Kosmos 19 di-butyl tin di-laurate will increase by 10%. The…
Charter and code of conduct for Toyo
IN COGNISANCE of the importance of corporate and social responsibility (CSR), as well as compliance to environmental and international regulations, Toyo Tire & Rubber has adapted two new policies, the Toyo Tires Group Charter of Corporate Behaviour and Toyo Tires…
Bridgestone set for expansions in US plant
A DEMAND rush for off-road mining tyres is boosting the two expansion projects at the Bridgestone Americas Tyre Operations Bloomington-Normal plant. The estimated US$ 47 million project will allow the manufacturing plant on Fort Jesse Road to hire more workers…
Orange tyres that signal replacement
A NOVEL concept in tyres is making waves. The Discolor Tyre shows a bright orange colour once the tyre is worn out, signaling that it needs replacement. The safety indicator concept can help the user know when it is time…
Evonik to expand capacity of US silica site
EVONIK’s Philadelphia, US site is expanding its precipitated silica capacity by 22,000 metric tonnes by 2014. This multi-million dollar expansion is part of Evonik’s initiative to achieve a worldwide capacity increase for precipitated silica by 30% between 2010 and 2014.…
FDS buys US plastic products firm
STATIC sealing specialist FDS Group has acquired Custom Rubber Products, a US-based manufacturer of elastomer, phenolics, and thermoset plastic products for upstream and midstream oilfield and industrial markets. The acquisition follows FDS’s purchase of Canada-based AGS Group, less than a…
Trelleborg AB acquires Maine Industrial
SWISS firm Trelleborg AB has announced its acquisition of US-based Maine Industrial Tire. As a result, the company will be integrated into Trelleborg Wheel Systems business area. A press release on the agreement regarding the acquisition was published on December…
China, largest tyre producer in 2012, says report
There are more car ownership in China and thereby, demand for new car tyres and replacement tyres have increased in the past five years.
Malaysian rubber prices to benefit from strong market demand
An optimistic market outlook for rubber , driven by a better demand in China is expected to bolster Malaysian rubber prices, market observers say.