THE Philippine’s Department of Labour and Employment (DOLE) has issued a work cessation order on a rubber tyre plant in Valenzuela City, Metro Manila due to a recent mishap that killed a mechanic working for the plant. Based on investigations…
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Green tyres hit high in global market, says report
The Future of Green Tires to 2017 report says that global market for green tyres is forecast to hit US$70.6 billion by 2017.
Rubber Plant Summit to highlight Myanmar’s rubber market edge
Assessment on global demand, market potentials and prospects for Myanmar as well as the latest farming techniques will also be featured.
Goodyear reports fourth quarter, full year outcome
GOODYEAR Tire & Rubber Company reported results for the fourth quarter and full-year of 2012, stating that its performance marks the second consecutive year its has exceeded US$1.2 billion in segment operating income in a low-volume environment. “These results have…
Michelin forecasts flat growth in 2013
Michelin forecasts flat growth in 2013
Titan International makes open offer for Wheels of India
TITAN International Inc.’s Titan Europe subsidiary, which owns an estimated 37% stake in Wheels of India, is offering to buy out the remaining outstanding non-family-owned shares equal to 14% of the company. Titan’s offer to acquire the fully paid up…
Pirelli opens second production line in Russia plant
ITALIAN tyre maker Pirelli SpA has launched its second production unit at the Voronezh plant – a joint venture with Russian Technologies. The Voronezh 2, which will run test tyres until March, is expected to roll out 2 million tyres…
Michelin’s new multipurpose bike tyres
TYRE maker Michelin has rolled out its new dual-sport tyre, Anakee III. Co-developed with BMW, Anakee III has been designed to deliver all the safety and off-road capability big trail motorcycle users demand. It has a distinctive tread pattern that…
ETRMA joins the EIP high-level group meeting
The association, through its head, Patrick Lepercq, took part in the EIP meeting aimed at reducing the EU’s dependency on imported raw materials and ensure competitiveness.
SI Group unit in China nearing completion
US-headquartered SI GROUP shall have its second facility in China completed by May. The chemical manufacturers’ new plant, based in the Nanjing Chemical Industry Park is expected to further reinforce the company’s commitment to the Asia Pacific region. Meanwhile, the…