CHINESE steel wire maker Jiangsu Baosteel is marking its entry into the high-grade wire rod product field with the set up of precision steel wire facility in Jiangsu Haimen Haibao Industrial Park. The project will be constructed in two phases…
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Orion builds carbon black plant in South Korea
US-based Orion Engineered Carbons will construct a fifth production unit for tread blacks at its plant in Yeosu, South Korea. The additional unit will increase the plant’s annual output by 36 tonnes to a total of 188 tonnes. The project…
Kobe/L&T tyre machine facility running
JAPANESE company Kobe Steel’s joint venture with India’s Larsen & Toubro has started up production of rubber processing machinery in India. Called L&T Kobelco Machinery, the joint venture manufactures rubber mixers and twin-screw rollerhead extruders used in making tyres. The…
Cooper buys tyre facility in Serbia
US-based Cooper Tire & Rubber is acquiring the assets of a tyre making facility in Krusevac, Serbia. Cooper CEO Roy Armes stated that the company elected to invest in Serbia not only because of its significant economic potential, but also…
Higher sales for Hankook
SOUTH Korean Hankook Tire had record global sales of KRW6.484 trillion and operating profit of KRW566.3 billion for fiscal year 2011. Hankook Tire continued to record double-digit growth surpassing its annual target set in the beginning of 2011 to finish…
New tyre marking technology from Bridgestone
JAPANESE tyre maker Bridgestone has developed a revolutionary new printing technology for tyres said to be different from any tyre printing or colouring process on the market. Until now, white rubber has been used on the sidewalls of tyres to…
New tread compound for airline tyres
A scientist at UK-based Dunlop Aircraft Tyres has developed a new tread compound that could increase the tyre life and reduce operating costs for airlines. received the Sue Panteny Award from the Institute of Materials, Minerals and Mining recently. The…
Michelin records robust sales
FRENCH tyre maker Michelin’s global tyre sales were higher in 2011 compared with the previous year. In truck tyre markets, Europe’s growth in the OE market continues to slow, with growth in the full year of 34.5%, though year-on-year growth…
Keyuan’s SBS line started up
The company began construction of its 70,000-tonne SBS production facility in September 2010 and completed construction last year.
Equity take up in Hi-Tek
RUBBER Research, a wholly owned subsidiary of Rubber Research Group (RRG), is purchasing 100% stock in Hi-Tek Rubber. RRG will exchange ordinary shares of RRG common stock in exchange for 100% of the issued and outstanding shares of Hi-Tek. The…