Author: admin

Baosteel starting up wire rod facility

CHINESE steel wire maker Jiangsu Baosteel is marking its entry into the high-grade wire rod product field with the set up of precision steel wire facility in Jiangsu Haimen Haibao Industrial Park. The project will be constructed in two phases…

Kobe/L&T tyre machine facility running

JAPANESE company Kobe Steel’s joint venture with India’s Larsen & Toubro has started up production of rubber processing machinery in India. Called L&T Kobelco Machinery, the joint venture manufactures rubber mixers and twin-screw rollerhead extruders used in making tyres. The…

Cooper buys tyre facility in Serbia

US-based Cooper Tire & Rubber is acquiring the assets of a tyre making facility in Krusevac, Serbia. Cooper CEO Roy Armes stated that the company elected to invest in Serbia not only because of its significant economic potential, but also…

Higher sales for Hankook

SOUTH Korean Hankook Tire had record global sales of KRW6.484 trillion and operating profit of KRW566.3 billion for fiscal year 2011. Hankook Tire continued to record double-digit growth surpassing its annual target set in the beginning of 2011 to finish…

New tread compound for airline tyres

A scientist at UK-based Dunlop Aircraft Tyres has developed a new tread compound that could increase the tyre life and reduce operating costs for airlines. received the Sue Panteny Award from the Institute of Materials, Minerals and Mining recently. The…