With more vehicles hitting the road, leading tyre makers are hoping for healthy revenue growth in the next quarters.
Category: Feature
Cabot bolsters manufacturing presence in China
The facility, worth USD140 million, will meet market demand in China.
Apollo Tyres considering East Europe for new plant
The company plans making tyres within five years either in Poland, Hungary or Slovak Republic with an investment of around USD$135 million.
Construction begins for world’s first year-round winter test centre
The facility will be able to provide all the test conditions the automotive industry requires.
Goodyear wins fitment on new Embraer Military Airlifter and Tanker Jet
The KC-390 twin-engine, jet-powered military airlifter and tanker will be fitted out with the branded military aviation tyres.
Global rubber consumption on the rise
Estimates show that global rubber consumption will rise to 4.3% per year through 2015 to million metric tonnes.
Battle continues for Butamax and Gevo
The year-old fracas started when Butamax was first awarded its patent in December 2010 and filed suit for infringement against Gevo in January 2011.
Developments reflect gradual shift to synthetics
NR may lose its winning streak to synthetic rubber (SR), which has cheaper average selling prices.
Rubber consumption high by 2015
The significant increase in the number of vehicle use will boost the amount of rubber consumed worldwide.
Revenue not a top agenda for bio firm
Global Bioenergies, which reported a half-year revenue of EUR100,000, for the year ended December 2011, expressed that revenue was not important at this stage, until it commercialises its products.