Nexen Tire has become an Official Major Partner of Formula Drift, the premier United States drifting series, for the 2016 and 2017 race seasons. Nexen Tire signed a partnership agreement at Nexen Tire America Inc, office on March 18th. In…
Category: Industry News
Forbes named Continental as one of America’s Best Employers
For the second year in a row, Continental was ranked one of America’s Best Employers 2016 by Forbes magazine. With more than 208,000 employees worldwide, the company employs approximately 17,000 people in the United States. Forbes magazine’s list of America’s…
World demand to rise 4.1% annually through 2019
Worldwide demand for tyres is projected to increase 4.1 percent per year to 3 billion units in 2019. In value terms, sales of tyres are forecast to grow 7.1 percent per annum to $258 billion. Increasing incomes in developing regions…
Rubber processing chemicals market to reach US$4.8 bn by 2020
The global market of rubber processing chemicals is projected to reach USD 4.8 billion by 2020 witnessing a CAGR of 5.4% between 2015 and 2020. Rubber processing chemicals will witness a steady growth between 2015 and 2020 driven by increasing…
Bridgestone GCR names new VP of Sales
Bridgestone Americas named Brian Cunningham has been named its new vice-president of sales for GCR Tires & Service (GCR), a division of Bridgestone Americas Tire Operations (BATO). In his new position, Cunningham will lead the sales program across the GCR…
Marangoni partners with retreader in Spain
Marangoni Retreading Systems expands its business in Spain, thanks to the new partnership with Louzán S.L., one of Spain’s leading quality retreaders. Louzán S.L. was founded in the 1940s in Galicia, with tyre retreading as its core business. Over the…
Hankook selected as BMW 7 OE
Hankook Tire has been selected as one of the original equipment suppliers for the all new BMW 7 Series. The brand new luxury limousine by the Munich-based premium car maker will feature on Hankook tyres amongst others when rolled off…
Kobe Steel to sell rubber machinery in China
Kobe Steel, Ltd. announces that in April it will open a company in China to sell tyre and rubber machinery and provide after-sales service. Called Kobelco Machinery System Engineering Qingdao Co., Ltd. (or KMQ), the new company in Qingdao, Shangdong…
Evonik builds specialty silicones facility in China
Evonik has started the construction of a production facility for organically modified specialty silicones in Shanghai (China). The project is part of a global investment initiative. A first expanded production plant became operational in Essen in late 2014. The new…
DuPont Performance Materials names new president
Today, DuPont has named Randy L. Stone as president of its Performance Materials business effective immediately, succeeding Patrick E. Lindner who has resigned from the company to accept another position. Stone will report to DuPont Executive Vice President Marc Doyle.…