Bridgestone Corporation will open its first tyre plant in Russia in the second half of 2016. The plant will be located in Ulyanovsk region and will produce 2 million tyres per year and create 800 jobs. “Currently, the equipment assembly…
Category: Industry News
Cooper Tire establishes new sales office in Brazil
Cooper Tire & Rubber Company established a sales office in São Paulo, Brazil. The new office will be under the leadership of Durval Amaral, Cooper Brazil’s General Manager. The São Paulo office will help further the company’s Latin America expansion…
Continental to produce ABS and ESC units in India
The Chassis & Safety Division of international automotive supplier Continental will start within 2016 the production of Anti-lock Brake Systems (ABS) and Electronic Stability Control (ESC) units in India. A new assembly line for ABS and ESC for passenger cars…
Thailand to spend 5.4 bn baht on buying local rubber
Thailand will spend 5.4 billion baht to buy 100,000 tonnes of its local rubber to support 850,000 rubber farmers. The Thai government will buy raw rubber sheets from the local farmers at 45 baht per kg, below the 60 baht…
ZC Rubber gains SmartWay Verification
Three Arisun and Westlake tyres, which are the tyre brands of China’s Zhongce Rubber Group Co., Ltd. (ZC Rubber), have received Smartway verification from the U.S. Environmental Protection Agency (EPA). The three radial tyres to obtain SmartWay verification are the…
“Dumping practices” threaten 2,500 jobs in UK
The Retread Manufacturers Association (RMA) says that the flood of cheap tyre imports in the UK poses a threat to 2,500 jobs in the UK. Dumping practices have already had a negative impact on UK’s steel industry. The RMA is…
Nokian tyres announce management changes
Nokian Tyres announced management changes that will be effective on April 1, 2016. Alexej von Bagh will take over the responsibility for the global Process Development in Nokian Tyres as of April 1, 2016. Mr. von Bagh will have the…
IRCo recognizes Thai gov’t efforts to cope with rubber prices
The International Rubber Consortium Limited (IRCo) said that it congratulates the Thai government in its efforts to cope with the continuing decline of rubber prices. IRCo is a subsidiary of the International Tripartite Rubber Council. IRCo said that the initiatives…
ChemChina invests in Mercuria Energy
China National Chemical Corporation (ChemChina), through its subsidiary ChemChina Petrochemical Co., Ltd, completed a strategic investment in Mercuria Energy Trading, one of the world’s largest independent integrated energy and commodities companies. ChemChina will become an important minority investor with a…
Chicago Pneumatic opens in Turkey
Chicago Pneumatic has opened new offices in Varyap Plaza, Istanbul, Turkey. The new Customer Center aims to meet the needs of distributors and customers across many industries including vehicle service, industrial maintenance, manufacturing, as well as foundries/casting industry, energy, aerospace…