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Michelin/Sumitomo jv to divest tyre retail outlets in US

French tyre maker Michelin that jointly operates TBC Corporation, a US based tyre distribution company, with Sumitomo Corporation, has said TBC will divest its company-owned retail portfolio (NTB and Tire Kingdom) to Mavis Tire Express Service Corp. (headquartered in Millwood,…

Continental and Indag Rubber tie up for retreading

Continental Tires has announced an agreement with Indian tread maker Indag Rubber to promote tyre recycling. During the pilot project, the warranty program and retreading services will be provided to TBR Normal Load (NL) fleets from retreaders from three markets:…

Arlanxeo to construct 140 ktpa rubber plant in Saudi Arabia

Synthetic rubber producer Arlanxeo, which is wholly owned by state-owned energy firm Aramco, has announced the planned construction of a world-class rubber facility in Jubail, Saudi Arabia. The 140 kiloton-per-annum (ktpa) plant will produce two high performance elastomers: Ultra High…

Bridgestone Turanza EV tyre for EVs makes its debut

Bridgestone Americas recently debuted its new Turanza EV grand touring tyre, the company’s first-ever replacement tyre designed specifically for premium electric vehicles (EVs) and the first to feature Bridgestone Enliten technology. Launching immediately at tyre retailers nationally, the new Bridgestone…

Continental sells tyre plant in Russia

Technology firm Continental has sold its plant in Kaluga, Russia, to Russian company S8 Capital. With this step, Continental has divested the majority of its activities in Russia as part of its announced controlled withdrawal from the Russian market –…