GOODYEAR Tyre & Rubber Company reported fourth quarter EPS of US$ 0.03, ex-items, versus estimates of US$ 0.20. Revenues in the quarter rose 12% year-over-year to US$ 5.68 billion, missing estimates of US$ 5.88 billion. Richard J. Kramer, chairman and…
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Global tyre demand to accelerate
GLOBAL tyre demand to accelerate World demand for tyres is forecast to rise 4 .7% per year through 2015 to 3.3 billion units according to US research firm Freedonia Group. In value terms, the tyres market is projected to advance…
Growing alongside the synthetic rubber market
BEREFT of oil resources, Taiwan has successfully emerged as a petrochemical titan and currently ranks the ninth largest producer in the world. However, the country’s dependence on crude oil supply has made it vulnerable to pricing fluctuations. Thus, by value…
Silicones big ticket to health sector
LONG associated with feeding bottle nipples and breast implants, silicone rubber is forecast to be the next billion dollar industry to tap the changing yet highly lucrative prospects in the medical and healthcare sectors A steady pipeline of innovative materials…
New website for European fleets
Goodyear Dunlop has launched a website dedicated to providing fleets with information to reduce their costs and improve their carbon footprint.
Apollo’s tyre awards recognise Indian fleet operators
The two top winners and other awardees were selected from more than 5,140 entries received from fleet operators across India.
German rubber chemical facility opens in India
The relocation is due to good infrastructure and opportunities for future expansion offered by the large Lanxess site at Jhagadia and its proximity to key customers.
Lanxess to build plant in Russia
The EUR5 million plant will start up in 2013 and in 2016, a production facility for bladders used in tyre production will be added.
Metal housing supplier bought by ElringKlinger
Hug is being further developed for exhaust treatment technology and filter substrates within ElringKlinger to serve primarily as a R&D site.
Trelleborg divests French auto unit
The transaction is expected to be finalised in the first quarter of 2012.