US-based tyre maker Goodyear says it is shifting production at its Danville plant from commercial to aviation tyres as part of a global transformation plan, which follows the sale of its Dunlop brand to Sumitomo Rubber Industries. The company announced…
Category: Industry News
Goodyear sells Dunlop brand to Sumitomo Rubber for US$700 mn
Goodyear Tire & Rubber Company has announced that it has signed a definitive agreement to sell the Dunlop brand, comprising trademarks and intangible assets necessary for operations of the brand business in Europe, North America and Oceania for consumer, commercial…
Wanli investing in US$500 mn tyre plant in Cambodia
Chinese tyre maker Wanli Tire Co. has become the latest in a string of investors in Cambodia. It is pumping in an investment of US$500 million to build Cambodia’s sixth tyre manufacturing facility, marking the latest Chinese investment in Southeast…
Vianode/GM tie up in supply agreement for EV battery-grade anode graphite
Battery materials firm Vianode says it has been selected as a strategic supplier of high-performance anode graphite solutions to General Motors. The agreement covers development of large-scale manufacturing capacity and supply of synthetic anode graphite towards 2033. The master supply agreement has a…
Solvay and Hankook tie-up for circular silica
Belgian chemical firm Solvay and South Korean tyre maker Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production. This partnership combines Solvay’s silica expertise and…
Schwalbe provides positive update on fair rubber supplier partnership in Indonesia
Bicycle tyre maker Schwalbe has provided an update from its project in Lebak Bante, Indonesia, which highlights the positive impact of agroforestry and sustainable practices in the rubber sector, eight months after it partnered with a fair rubber supplier to plant 7,500 rubber…
Pyrum to break ground on 2nd recycling site in 2025
German tyre recycler Pyrum Innovations says it has submitted documents to authorities to apply for the early start of construction of its new plant “Green Factory II GmbH” at the new site in Perl-Besch, Germany. The ground-breaking ceremony at the…
Yokohama Rubber breaks ground on US$500 mn tyre plant in China
Yokohama Rubber Co announced recently that it held a groundbreaking ceremony ahead of the start of construction of its new passenger car tyre plant in Hangzhou City, China. The 300,000 sq m facility, with an investment of US$500 million, will…
Continental initiates spin-off of automotive biz and sale of Contitech OESL biz
Germany-based Continental’s Executive Board has informed the Supervisory Board to spin off the Automotive group sector. Subject to the approval of the Supervisory Board in March 2025 and resolution by the Annual Shareholders’ Meeting of Continental AG on 25 April…
ZC Rubber starts up Indonesian plant
China’s ZC Rubber recently commemorated the start up of Phase I of its production at its Indonesian manufacturing plant, PT. Matahari Tire Indonesia (MTI), located in Kendal Industrial Park, Central Java. The US$280 million facility, ZC Rubber’s second overseas plant,…