Category: Industry News

JK Tyre under probe for 2018 bid-rigging case

JK Tyre and Industries Ltd. (JK Tyre) is under probe after the northern state government of Haryana accused the tyre manufacturer of being involved in fraudulent actions which resulted in a non-competitive bid back in 2018. The Competition Commission of…

Outlook for European tyre sector worrying, ETRMA says

Against the back of the impact of Covid-19, the European Tyre and Rubber Manufacturers’ Association (ETRMA) says demand for passenger vehicle tyres is expected to fall due to limited transit demand and authorities in several states restricting citizens to limit contacts…

Gloves, tyres demand to drive Thailand’s rubber exports

The world’s largest producer of natural rubber, Thailand, is likely to see higher shipments of rubber from the increased demand for rubber gloves and tyres, as well as the government’s proactive approach to promote rubber exports. Commerce Minister Jurin Laksanawisit…

OCSiAl opens its first graphene nanotube R&D centre in Europe

Headquartered in Luxembourg, the world’s largest producer of graphene nanotubes OCSiAl has opened its R&D and technical support centre designed to develop next gen materials with graphene nanotubes. The new centre is located in Luxembourg – a hub for advanced technology companies,…

Continental considering sale of Vitesco, Contitech

German technology firm Continental AG plans to sell some of its automotive operations, including parts of powertrain arm Vitesco Technologies and rubber unit Contitech, CEO Elmar Degenhart told German daily Frankfurter Allgemeine Zeitung. Degenhart was quoted as saying Continental’s management was…