GRI Tyre opened their world class specialty tyre manufacturing facility at Badalgama yesterday with an investment in the excess of US$40 million. This is to produce radial agriculture tyres which is a first for Sri Lanka. It is equipped with…
Category: Industry News
Hong Leong sets ‘buy’ call on Top Glove
Hong Leong Investment Bank has set a ‘buy’ call on Top Glove Corporation Bhd due to its upside potential upon the completion of its acquisition of Aspion Sdn Bhd, which would transform the rubber glove manufacturer into the world’s largest…
ETRMA members’ tyre sales 2017: overall stability with the exception of the agro segment
The European Tyre and Rubber Manufacturers’ Association has published its members’ sales for the year 2017 and the last quarter of 2017. Overall, the performance of the industry is generally stable with the exception of the agricultural tyre sales, which…
Arlanxeo’s rubber technology centre obtains Laboratory Accreditation
After two years of fine preparations and a year of trial operation of ISO17025 system, rubber company Arlanxeo’s Rubber Technology Centre (RTC) passed the expert evaluation of China National Accreditation Service for Conformity Assessment (CNAS) in November 2017, and obtained…
MacLellan Rubber’s breakthrough in nitrosamine-free rubber
UK-based trading/manufacturing firm MacLellan Rubber, which has been working closely with its supply chain partners, has had a breakthrough in nitrosamine-free polymer materials. MacLellan’s technical team has identified a formulation and process changes that eliminates the use of accelerators, thereby eliminating the…
Autos officials hopeful that industry can avoid a NAFTA disaster
Auto industry officials are fretting about hard-line U.S. NAFTA demands with has the potential to turn a globally integrated industry upside down now. Therefore they are hopeful that a Canadian compromise plan could avert disaster. The officials said strenuous lobbying…
Tesla denies denies rumours of further Model 3 production issues
Tesla Inc is on track to achieve its production targets for the Model 3, the electric car-maker said recently, squashing a report of further delays and quality issues for its latest and most-affordable sedan. Tesla’s problems with battery production at…
ContiTech Invests EUR20 million in Hungarian Nyíregyháza location
ContiTech is building on its commitment to Hungary. Over the past one and a half years, the industrial supplier – part of German technology company Continental – has invested around EUR20 million in its location at Nyíregyháza alone. The plant…
Vipal Europe announces their new Portuguese distributor for the repair line
Vipal Rubber, a leader in Latin America and one of the world’s top tyre retreading manufacturers, has announced its new distributor for Vipal’s repair line in Portugal. RubberVulk, known for distributing Vipal’s products in Spain, will begin exclusively supplying the…
Daimler and BMW close to merging car-sharing units
Detroit’s mayor and the billionaire owner of auto supplier Flex-N-Gate Corp offered a sneak preview of what will be the largest new auto factory built in the city since the 1990s. This came days after Detroit lost out in the…