The company plans making tyres within five years either in Poland, Hungary or Slovak Republic with an investment of around USD$135 million.
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Cabot bolsters manufacturing presence in China
The facility, worth USD140 million, will meet market demand in China.
Astra Resources ready for maiden production run of Green Gum
Astra Resources’s renewable energy technology, Green Gum is already in its final stage of completion. The production infrastructure in Hungry will recycle waste rubber into high value products. The machinery will be able to produce various grades of rubber granules…
Scientists unveil intelligent tyre for all weather
CHANGE your summer tyres for winter tyres and vice-versa may soon be a thing of the past, according to a group of researchers at Leipzig University, who are developing the world’s first-ever intelligent tyre which automatically adapts itself to the…
Hankook provides OE fitment for BMW 3 series
HANKOOK Tire announced that they are now original equipment supplier for the new BMW 3-Series. The best-selling model by the Munich-based premium car manufacturer will be factory equipped amongst others with Hankook’s high-performance Ventus S1 evo² tyres. Initially, the tyre…
Lanxess to use Evocatal Biotechnology
LANXESS announced that it will cooperate with biotechnology expert Evocatal in the development of biotechnological methods for the synthesis of precursors for the rubber production. The project will utilise local renewable materials in the manufacture of rubber upstream products. Until…
Auto-inflating tyres made possible
OFF-road vehicles have had tyre auto-inflation systems for years now, because a soft tyre can provide a better grip on a rocky surface. The same functionality can also benefit mountain bikes too, which led to the development of the Adaptrac…
Ansell acquires Trelleborg’s protective products business
ANSELL Ltd has agreed to purchase the Trelleborg Protective Products (TPP) business from the Trelleborg Group of Sweden. This acquisition is anticipated to be neutral this year and accretive from 2013 onwards. The purchase price was worth USD32 million. The…
Bayer MaterialScience gets full control of Baule
BAYER MaterialScience will completely acquire Baule SAS from Eximium SAS and other shareholders in the joint venture. Baule SAS specialises in the development, formulation and processing of polyurethane cast elastomers. Based in Romans, France, the company has subsidiaries in the…
Pirelli and Astra Otoparts ink deal for new plant
PIRELLIi & C SpA and automotive components maker, Astra Otoparts Tbk PT have made an agreement to construct a new factory in Indonesia. The factory will be Pirelli’s first in the country for the production of conventional motorcycle tyres. In…