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Liberty denies Kumho’s claims on recalled tyres

LIBERTY Tire Recycling L.L.C. refutes claims by Kumho Tire U.S.A. Inc. that it sold thousands of recalled tyres as used tires, instead of recycling them. It furthered that Kumho did not notify the company that the tyres had been recalled…

Kenda produces prototype tyre from new plant in China

KENDA Rubber Industrial Co. Ltd. has produced its first prototype tyre from its new factory in Tainjin, China. The company’s second automotive factory within the last five years, will be producing tyres for the European, African and Asian markets. Kenda’s…

Bridgestone posts 9% increase in sales for Q1 2013

Bridgestone Corporation has reported net sales of 794.5 billion yen in the first fiscal quarter of 2013, an increase of 9% from the first fiscal quarter of 2012 . Operating income also increased 18% from 74.4 billion yen, Ordinary income…

EU court junks Eni’s appeal on rubber cartel fines

Eni SpA (ENI) and its subsidiary Polimeri Europa, now Versalis S.p.A, have appealed to the court to cut the EUR181.5 million fine for conniving with other companies to fix prices of synthetic rubber. In 2011, a lower court reduced Eni’s EUR272.2 million to EUR181.5 million.