Bridgestone Corporation has expanded its Olympic Partnership activation rights globally with the International Olympic Committee (IOC) through 2024. The expansion of Bridgestone’s marketing rights, which began its effectivity from January 1 this year, now covers the Olympic Winter Games Pyeong…
Category: Industry News
Yokohama Rubber to buy Japanese industrial tyre manufacturer Aichi Tire
Yokohama Rubber Company has agreed to acquire Japanese tyre manufacturer Aichi Tire Industry Co., Ltd. in order to strengthen its position in the industrial tyre sector. Aichi Tire, headquartered in Komaki, Aichi, manufactures and sells press-on tyres and solid tyres…
Kerala, India used plastic waste, 50,000 tonnes of rubber to resurface roads
The Kerala Public Works Department (KPWD) in India is helping rubber farmers and coir workers, as well as protecting the environment through a new strategy in building more durable roads, according to Minister for Public Works G. Sudhakaran. Speaking after…
Goodyear, Tesloop join forces to optimise tyre performance, design
American multinational tyre manufacturing company Goodyear Tire & Rubber Company is collaborating with Tesloop Inc. to use data generated by the city-to-city car sharing service and use it to study and model tyre performance. Since its launch in July 2015,…
Troester to exhibit latest tech developments in Hannover
German company Troester is set to exhibit its latest technological developments in the upcoming Tire Technology Expo 2017 on February 14 to 16, 2017 at Hannover, Germany. A team of specialists from the company will be explaining their latest advancements…
Sumitomo Rubber to purchase UK tyre distributor Micheldever for £215 mn
Japanese tyre and rubber company Sumitomo Rubber Industries has announced its plans to acquire Britain’s second-largest car tyre distributor Micheldever Group in a deal worth around £215 million (US$266 million) as it aims to expand the sales of its Falkentyre…
GRI breaks ground in Sri Lanka site for new specialised tyre factory
Sri Lanka-based specialised tyre manufacturer Global Rubber Industries (GRI) recently held a ground-breaking and foundation-laying ceremony in the site of its newest specialised tyre factory in Badalgama, Sri Lanka. The factory will be focused on producing pneumatic tyres for agriculture,…
Sri Lanka’s Rigid Tyre Corp. to build US$75 mn tyre plant with Marangoni tech
Rigid Tyre Corporation (Pvt.) Ltd., backed by a Rs11.25 billion (approximately US$75 million) investment from UAE-based Sri Lankan businessman Nandana Lokuwithana, is building a new tyre plant in the Board of Investments (BOI) Industrial Zone in Wagawatta, Horana in Sri…
Malaysian rubber glove firms to be impacted by new foreign worker levy rule
Malaysia’s rubber glove firms and manufacturers are expected to take a hit in their earnings this year following a ruling that makes them fully accountable for their foreign workers’ levy. According to a CIMB Research report, a negative impact of…
AIRIA teams up with Tripura University for rubber tech education, research
The All India Rubber Industries Association (AIRIA), the largest not-for-profit non-government body serving India’s rubber industry and trade, is collaborating with Tripura University (TU) for the promotion of rubber technology programmes in the country. The two organisations will jointly facilitate…