Citing data privacy concerns, German technology company Continental has banned its employees from using WhatsApp and Snapchat on company-issued mobile devices over concerns that the apps may leak confidential information to third parties. The company said the apps “have deficiencies…
Category: Industry News
Swedish project to study production of fuel from waste tyres
The possibility of producing pyrolysis oil from worn out tyres is being investigated in a research project run by the Research Institute of Sweden (RISE), along with Scandinavian tyre recycler Enviro Systems and waste management group Ragn-Sells, with support from…
Hankook and Arlanxeo in partnership for new SR grades
South Korean tyre maker Hankook Tire has signed a second memorandum of understanding (MOU) with Netherlands-headquartered synthetic rubber producer Arlanxeo to co-develop synthetic rubber technologies for high-performance tyres. Under this agreement, the two companies will jointly study the development of…
Hyundai to set up new plant in the US and update existing one
South Korean automotive maker Hyundai plans to invest US$388 million to build a plant in Alabama, US. The 24,000-sq-m plant will include an engine head manufacturing plant, and it will also utilise this investment to enhance its assembly plant in…
GM’s self-driving vehicle unit gets a push with investment of US$2 bn
Japan’s SoftBank Group is investing US$2.25 billion into General Motors (GM)’s autonomous-vehicle unit. The world’s biggest technology fund, SoftBank’s US$100 million Vision Fund, will invest in GM’s newly created unit, GM Cruise Holdings, in two phases: with the first phase…
TOCOM slides after early rise amidst trade tension
“Tokyo Rubber futures took a tumble following an upswing in early trade amidst lingering trade tension between China and the US. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, followed losses in Shanghai…
Cooper introduces new tyres for SUVs, trucks
Ohio-headquartered tyre maker, Cooper Tire & Rubber Co has unveileda new tyre line: the Discoverer AT3.The all-season all-terrain tyres are specifically designed for sport utility vehicles (SUVs) and light-duty pickups as well as medium-to-heavy duty trucks. The Discoverer AT3 range…
Michelin bares tyre innovation plan; focuses on renewable, recyclable tyres
French tyre maker, Michelin outlines its 30-year road map, including plan of increasing the content of recyclable or renewable materials in its tyres by 2048, during the recent World Summit on Sustainable Mobility (Movin’On) event, held in Canada. “By 2048,…
Bridgestone expands fuel-efficient tyre line
Bridgestone Americas is expanding its flagship Ecopia tyre line with the release of the next-generation Ecopia H/L 422 Plus tyre for crossovers, SUVs and minivans. Engineered for long-lasting performance and improved fuel-efficiency. The next-generation Ecopia H/L 422 Plus tyre is…
China and India to boost NR growth, says ANRPC
Driven by improved outlook in the case of China and India, the world consumption of natural rubber (NR) is anticipated to grow faster than what was expected until a month ago. The outlook on consumption during 2018 has been substantially…