DuPont announced a 2016 global cost savings and restructuring plan designed to reduce US$700 million in costs compared with 2015. The 2016 cost reductions include a range of structural actions across all businesses and staff functions globally to operate more…
Category: Industry News
Bridgestone APM selects site for new plant
Bridgestone APM Company (BAPM), a wholly owned subsidiary of Tokyo-based Bridgestone Corporation headquartered in Findlay, Ohio, selected a site in the Town of Wheatfield in Niagara County, N.Y., for construction of a new facility that will produce seat foam for…
Inovyn closes UK plant
Inovyn, a joint-venture between Ineos and Solvay, announced details of its new chloromethanes operations strategy in response to the decline in European demand. With effect from March 1 2016, production will be focused on Inovyn’s chloromethanes assets at Tavaux (France)…
Dow Corning scientist elected to board of German tribology group
At the recent conference of GfT – Gesellschaft für Tribologie e.V. (the German Tribological Society), a globally recognized Dow Corning lubrication expert was elected to the group’s Board of Directors. Associate Industry Scientist Manfred Jungk of Dow Corning’s Molykote brand…
Bridgestone loses bid for Pep Boys
Bridgestone Americas, Inc. announced that Bridgestone Retail Operations, LLC (BSRO), a wholly owned subsidiary of Bridgestone, will not present a counter offer to acquire The Pep Boys – Manny, Moe & Jack, in response to the most recent proposal from…
Panasonic to produce compounds for automotive parts in Thailand
Panasonic Corporation’s Automotive & Industrial Systems Company will launch a production line for heat-resistant phenolic molding compounds for use in automotive parts at Panasonic Manufacturing Ayutthaya Co., Ltd. (PMFAT). Full-scale operation is scheduled to start in February 2016. The production…
Magna Tyres appoints new sales manager for Germany
Magna Tyres Group has named Stefan Huber to be the new addition to the sales team in Germany. Stefan has over 15 years of Sales experience in the German tyre industry and has worked for various renowned tyre companies. He…
Goodyear sets Guinness World Record for largest game of Cornhole
The Goodyear Tire & Rubber Company set the Guinness World Record for constructing the World’s Largest Game of Cornhole to kickoff a week of celebration leading up to the 80th Annual Goodyear Cotton Bowl Classic on December 31 in Arlington,…
Four Cooper tyres win 2015 GOOD DESIGN awards
Cooper Tire announced that two products from the U.S., the Discoverer STT Pro and Discoverer SRX, and two from China, the Discoverer UTS and Weather Master Ice 100, have earned 2015 GOOD DESIGN awards from the Chicago Athenaeum: Museum of…
Bridgestone acquires San Diego-based Hose Pros
Bridgestone HosePower, a wholly owned indirect subsidiary of Bridgestone Corporation, announced today it is expanding its presence on the West Coast by acquiring The Hose Pros, a hydraulic hose sales and service company in San Diego, California. We are proud…