Lassa Tyres was named the official tyre partner of FC (Futbol Club) Barcelona for this season. The new season kits for indoor teams were also unveiled at the launch event last September 14. Lassa Tyres is owned by Brissa, Europe’s…
Category: Industry News
Indian automotive industry looking up
The Indian automotive industry is steadily growing, with an 11% growth in the last financial year. But Ramesh Suri, President, ACMA and Chairman said that further growth will depend on how the industry will handle its challenges. He spoke at…
Hankook Tire reaches wag agreement with workers
Hankook Tire management and workers reached a tentative agreement on workers’ monthly wages. The agreement was reached after workers voted on the latest proposal last September 6 to 8. According to Business Korea, in “the tentative agreement, the base pay…
Vibram and Hankook teamed for new shoes and tyres
Hankook Tire teamed up with footwear company Vibram to make futuristic concept tyres and shoes to be exhibited at the International Motor Show (IAA) in Frankfurt, Germany from Sept. 15 to 27. In total, five products are being unveiled. Hankook…
Malaysian rubber glove exports to grow by 20%
Rubber gloves will still be in demand, as the Malaysian Rubber Glove Manufacturers Association (Margma) predicts a 20% growth in exports to RM12.8 billion this year. “This year, rubber glove exports are expected to expand by 20% to RM12.8 billion,…
Toyo Tires launches new tyre you can use all year round
No need to switch to winter tyres, Toyo Tire U.S.A. Corp released Celsius, a “variable conditions” tyre you can use all year round. Built for the varying road conditions that drivers may face, Celsius is said to provide better ice…
Wacker opens new logistics center in China
Munich-based chemical group Wacker opened its new logistics Center in China yesterday. The facility is located on Wacker’s Zhangjiagang production site in Jiangsu province. Wacker has been operating its own subsidiary in Greater China for 20 years and has expanded…
Russian synthetic latex has growth potential, study says
According to a report by Kline’s Synthetic Latex Polymers, Europe is the largest market for synthetic latex, but growth on the Commonwealth of Independent States (CIS) shouldn’t be ignored. While consumption of synthetic latex polymers in CIS remains low, the…
Global rubber output falls by 1.5%, says report
Due to substantial decline in global natural rubber prices, the world’s natural rubber output fell by 1.5% from a year earlier to 12.07 million tons in 2014, according to Research and Markets recently released report: Global and Chinese Natural Rubber…
Littlejohn & Co. sells Henniges Automotive, Inc.
Littlejohn & Co., LLC, a private investment firm based in Greenwich, Connecticut, completed selling Henniges Automotive, Inc., a provider of vehicle sealing and anti-vibration solutions for the global automotive industry, to Aviation Industry Corp. of China (AVIC). Doug DelGrosso, Chief…