Chinese tyre maker Doublestar Group, which launched a scrap tyre pyrolysis plant in Henan Province to tackle pollution from waste tyre recycling, has started the initial operations of said plant.The US$49.3 million factory is able to process 100,000 tonnes of…
Nokian Tyres (Nokian), based in Nokia, Finland, is implementing several efficiency measures in their operational activities following increased costs from ongoing research and developments and employee recruitments. These include job cuts as well as structural changes in the tyre manufacturer’s…
Indian rubber-producing state Tripura is seeking to increase production with a new “rubber clone” suited to the agro-climatic conditions of northeastern India. The engineered variety of rubber, produced by the Rubber Research Institute of India (RRII), will soon be commercially…
Balkrishna Industries (BKT) is suspending works on its US plant project in light of the challenging business environment, which includes volatile weather conditions. The new US$100 million tyre factory would be BKT’s first outside of India and its fifth plant…
Premium tyre manufacturer Hankook Tire (Hankook) will provide its all-season Kinergy GT tyres to the newly redesigned Ford Explorer for the 2020 year. Hankook’s Kinergy GT tyres feature an optimised lateral groove and “chamfer sipe” arrangement, which provides exceptional grip…
The imposition of the counter-veiling duty (CVD) on tyres from China has led Chinese tyre manufacturers to route their products through Thailand, which subsequently increased imports in the Indian market. According to Rajiv Budhraja, Director General of the Automotive Tyre…
American Goodyear Tire & Rubber (Goodyear) is closely following a plan to restructure its operations to reduce low-value/high-cost capacity in the US and bring about improved business competitiveness, similar to a reorganisation program in Germany that is expected to generate…
Japanese tyre manufacturer Toyo Tires (Toyo) is to build its first European research and development (R&D) centre in Willich, Germany, by the end of the year to strengthen product development, which goes in hand with next-generation mobility. The new centre…
The Asahi Kasei Corporation (Asahi Kasei) has begun operations from Asahi Kasei Asia Pacific (AKAP), its newly-formed ASEAN regional headquarters, as of August 2019. The Japanese chemical giant currently has 16 entities across five ASEAN countries – including Singapore and…
South Korean tyre manufacturer Nexen Tire (Nexen) is making headway into the European market with the official opening of its new plant in Zatec, Czech Republic, come August 28, 2019. The ceremony will commemorate the next stage of Nexen’s global…