Ford Motor is exporting to Europe its EcoSport compact crossover built from the company’s Chennai factory. The vehicle, which will be launched in late 2013, is expected to take hold of a significant European market share for Ford, which is…
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Tamil Nadu Tyre Dealers Association to join in Tyrexpo
THE Tamil Nadu Tyre Dealers Association (TNTDA) will be exhibiting at the upcoming Tyrexpo India to be held 9-11 July at the Chennai Trade Centre. This was announced by the show’s organiser, ECI International. In support of the tyre show,…
Eni faces millon euro penalties for cartel rap
AN additional EUR90.75 million (US$118.64 million) fine has been charged to Italian oil and gas firm Eni for its role in a 2006 synthetic rubber cartel case, according to EU antitrust regulators. Earlier, in 2006, the European Commission penalised Eni…
Tokai acquires Dytech-Dynamic Fluid Technologies
THROUGH the acquisition, Tokai automotive hoses business can expand its regional coverage mainly in Europe and South America; expanding its global footprints from existing 8-15 countries.
Lanxess shifts to SSBR production in Brazil plant
LANXESS has decided to convert production of emulsion styrene butadiene rubber (ESBR) used in standard tyres to solution styrene butadiene rubber (SSBR) used in high-performance “Green Tyres” at its site in Triunfo in southern Brazil, in lieu of a feasibility…
French Industry Minister gets flak from Titan
TITAN International Inc. and the French industry minister have been exchanging tirades, with the latter accusing the former of being “insulting” and “extremist”. Arnaud Montebourg, France’s Minister of Industry and Growth has accused Maurice Taylor, CEO of US tyre maker…
Schaeffler launches new fuel efficient concept car for India
GERMAN Automotive components manufacturer, Schaeffler, has introduced a concept car that has higher fuel efficiency for India. The company has upgraded an already existing B segment car with drive train features, which is claimed to help reduce fuel consumption by…
Singapore to stage Tyrexpo Asia 2013
SINGAPORE is set to take centre stage for the largest gathering of tyre and equipment suppliers ever assembled for the Tyrexpo Asia 2013 to be held 19-21 March at the Singapore Expo Centre. The show will become a host to…
Consumption for synthetic rubber outpaces natural rubber
THE All India Rubber Industries Association (AIRIA) has noted that synthetic rubber (SR) consumption is reaching a compounded annual growth rate (CAGR) of 15-20%, more than twice as much as the achieved 5-7% consumption growth of natural rubber. Niraj Thakker,…
Indian firm to develop rubber plantations in Ghana
Indian firm Harrisons Malayalam is planning to develop rubber plantations on 4,000-5,000 hectares of land in Ghana on a long-term lease basis. The R.P.-Sanjiv Goenka group-owned tea and plantations company is reportedly investing almost Rs 300 crore , about US$65…