DongAh Tire & Rubber was named a General Motors (GM) Supplier of the Year by General Motors during its 24th annual Supplier of the Year awards ceremony held Thursday, March 10 at Cobo Center in Detroit, Michigan, US. GM recognized…
Category: Industry News
Vietnam to join rubber export cut
Vietnam last week agreed to join forces with three other Asean rubber producers to cut exports. Bundit Kerdvongbundit, vice-president of Von Bundit Co, said the International Rubber Consortium last Friday agreed on plans for Thailand, Indonesia and Malaysia to cut…
China earned US$ 13.846 bn on tyre exports
Research and Markets announced the addition of the “Research Report on China’s Tire Export Industry, 2011-2020” report to their offering. In 2015, China exported 44.451 million tyres with a year-on-year decreasing of 6.58% and brought in an export value of…
Accella acquires Quadrant’s Spray Foam
Accella Performance Materials (Accella), a leading manufacturer of polyurethanes and recycled rubber products, today announces the acquisition of Quadrant Urethane Technologies Spray Foam Division (Quadrant Spray Foam). Quadrant Spray Foam, a leading manufacturer of spray foams for insulation, is based…
Bridgestone Americas breaks ground on Wilson plant
Bridgestone Americas Tire Operations celebrated the expansion of the company’s passenger tyre manufacturing facility in Wilson, North Carolina, with an official groundbreaking ceremony today. The five-year, US$164 million investment to expand the 42-year-old, nationally recognized facility, which is one of…
Bridgestone becomes a Tokyo 2020 Paralympic Gold Partner
Bridgestone Corporation announced that it will be a Tokyo 2020 Paralympic Gold Partner. Bridgestone supports the Olympic Movement as a Worldwide Olympic Partner of the International Olympic Committee (IOC) in a long-term agreement extending from 2014 to 2024. In addition,…
Trelleborg acquires anti-vibration engineering company
Trelleborg has, through its business area Trelleborg Industrial Solutions, signed an agreement and finalized the acquisition of Loggers Rubbertechniek B.V., a Netherlands-based privately owned engineering company that provides specially engineered anti-vibration solutions, principally within marine applications. The company designs and…
Rubber gloves market is to grow at 8.5% by 2022
The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth.…
Toyo to be new Toyota Prius OE
Toyo Tire’s NanoEnergy brand tyre has been adopted by Toyota as the original equipment tyre for the new Prius, which went on sale in December 2015 in Japan. NanoEnergy is Toyo’s global fuel-efficient tyre brand. In order to strike a…
Tyre cords and fabrics market to reach US$6.37bn by 2023
According to a new report published by Transparency Market Research, the global tyre cords and tyre fabrics market was valued at US$4.14 billion in 2014 and is expected to reach US$6.37 billion by 2023, at a CAGR of 4.9% between…