An inauguration ceremony was held for the official opening of Nexen Tire Japan Inc., a subsidiary of South Korean tyre manufacturer Nexen Tire and a joint venture with Toyota Tsusho Corporation. Discussions about synergy-deriving cooperation between Nexen Tire and Toyota…
Category: Industry News
Toyo Tire expands R&D capabilities in North American business unit
In a move that will further strengthen its North American business, Japanese tyre and rubber products company Toyo Tire & Rubber Co., Ltd. is expanding its research and development (R&D) base at its Toyo Tire North America Manufacturing Inc. (TNA)…
Vipal Rubber improves its precured DV-RT4 tread for highway transport
Brazil-based tyre retread company Vipal Rubber has released an improved version of its exclusive design tyre tread, the DV-RT4. Recommended for highway transport, the improved tyre tread boasts of new adjustments to deliver better performance and make it suitable for…
Semperit, Sri Trang demerge their joint business activities
Austrian Semperit Group and the Thai Sri Trang-Agro Industry Public Co Ltd Group are demerging their almost all of their joint ventures after 27 years of cooperation. Semperit will take over the joint distribution company in the USA (Sempermed USA),…
Reliance/Sibur jv to set up halogenated butyl rubber plant in India
Reliance Industries Limited (RIL) and Russian petrochemical giant Sibur signed an MoU to set up South Asia’s first butyl rubber halogenation unit at RIL’s integrated petrochemical site in Jamnagar, Gujarat, under Reliance Sibur Elastomers Private Limited (RSEPL) – a joint…
High global demand for medical gloves, low NR supply to further boost prices
The current high global demand for medical gloves and the limited supply of natural rubber (NR) are expected to further boost commodity prices this year. Global demand for medical gloves has hit a critical level as some countries are badly…
BOGE merges with TMT’s automotive business, operates 2nd plant in China
Germany-based BOGE Rubber & Plastics Group, a global leader in the field of vibration control and plastics solutions in the automotive industry, has been integrated into the Automotive Business Unit of Zhuzhou Times New Material Technology Co., Ltd (TMT). TMT…
ContiTech shifts focus of its conveyor belt business to industrial segment
Shifting the focus on its industrial applications business, rubber and plastics technology specialist ContiTech has strategically reorganised its belt conveyor business and created the new segment, Industrial Belt Solutions. As many of ContiTech’s customers merge into increasingly larger units, the…
Onyx Group expands into the tyre sector through Marangoni partnership
Onyx Group, a conglomerate company based in the United Arab Emirates, is expanding into the tyre sector through a partnership with Italy-based global tyre company Marangoni Group on industrial tyres. With activities spanning across a spectrum of industries such as…
Michelin/Fives jv offers 3D FormUp machinery under AddUp brand
French tyre maker Michelin and machinery supplier Fives that set up a 50:50 joint venture, Fives Michelin Additive Solutions, aimed at developing and marketing metal additive/3D manufacturing technology last year, have now introduced the AddUp global metal additive manufacturing solution,…