UK-based start-up iov42 and Singapore-based Double Helix Tracking Technologies have tied up to create and test a new digital “Due Diligence Management Platform”, co-funded by Innovate UK and Singapore government agency Enterprise Singapore. The aim is to help tackle deforestation in the sourcing and supply chains of commodities,…
Category: Industry News
EVs result in savings, says Bridgestone report
Data from Webfleet, tyre maker Bridgestone’s fleet management solution, reveals that European fleets using electric vehicles (EVs) have saved on average EUR3,600 per vehicle per year. These businesses also saved 5,665 l of fuel and 15 tonnes of CO2 per…
Firestone Industrial Products to rebrand as Firestone Airide
Firestone Industrial Products Company, a subsidiary of Bridgestone Americas, Inc. and the original air spring company, is unveiling its new, more unified brand identity, Firestone Airide, which captures the breadth, depth and innovation across all Firestone business channels (Automotive, Heavy…
Apollo Tyres to set up its 2nd digital centre in Hyderabad
India’s Apollo Tyres has signed an MoU with the Telangana government to set up its second Digital Innovation Centre in Hyderabad. Its first centre is located in London. The MoU was signed by Jayesh Ranjan, Principal Secretary (IT and Industries…
Fujitsu/Teijin trial recycled carbon fibre for bicycle frames
Japanese firms Fujitsu Limited and Teijin Limited have launched a joint project, running from January to March 2023, for the production of bicycle frames together with V Frames GmbH, a German manufacturer and distributor of carbon fibre-reinforced plastic bicycle frames,…
BASF to expand capacity for SB dispersions in Indonesia
German chemicals firm BASF has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. The new expansion to provide additional styrene-butadiene (SB) dispersions to cater to the growth of new paper mills in…
Solvay launches bio-circular silica in Europe, expansion plans in North America
Belgian chemical firm Solvay says it is investing at its Livorno site, in Italy, to launch the company’s first unit of circular highly dispersible silica (HDS), made with bio-based sodium silicate derived from rice husk ash. This new breakthrough silicate process provides a…
Nokian Tyres to invest US$174 mn in US facility expansion
Finland’s Nokian Tyres plans to expand its Tennessee plant in the US to double its output and produce 4 million car tyres/year by 2024. The project will add light truck tyres to Dayton’s production mix in 2023, in addition to…
Stellantis to acquire stake in Symbio
Faurecia, a company of the Group Forvia, which is the world’s seventh largest automotive technology player, tyre maker Michelin and automaker Stellantis say that negotiations have started for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission…
Three tyre makers listed on Dow Jones sustainability indices
South Korean tyre maker Hankook Tire, Finland’s Nokian Tyres and Italy’s Pirelli have been included in the Dow Jones Sustainability Indices (DJSI) for industry-leading sustainability. ‘Sustainability is one of the five cornerstones of Nokian Tyres’ strategy, and we are proud…