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Thai Minister urges lower production cost to push rubber price

THAILAND’s Deputy Prime Minister/Agriculture Minister Yukol Lim-laemthong encourages reduced production cost amidst declining rubber price. Yukol confirmed that last year’s export value of Thailand’s rubber fell, despite increasing the export quantity of the commodity to 3.2 million tonnes. The stagnant…

Yokohama starts design for West Point plant

YOKOHAMA Rubber Co. Ltd has chosen US-based Kajima Associates/Architects & Engineers to design the first phase of the 931,000 sq ft West Point tyre plant. The project, assumed to cost US$300 million, will include production, warehousing and operations facilities for…

Michelin leads in North America sales

MICHELIN North America Inc. has posted sales of US 9.96 billion in 2012, beating Goodyear by almost US$300 million, according to reports. Michelin sales in North America, which accounts for the company’s 35.1% corporate sales, have increased by 11.6% in…