The revenue of the global footwear market is predicted to reach US$371.8 billion by 2020, registering a CAGR of 5.5% during 2015-2020. The Asia Pacific region is a major exporter of leather footwear to the United States and United Kingdom…
Category: Industry News
Hartalega aims to sell 16 billion gloves
Hartalega Holdings Bhd is aiming to sell 16 billion gloves this year. They sold 12 billion gloves last year. Group executive chairman Kuan Kam Hon said on Tuesday the higher sales would be underpinned by the commissioning of its two…
AIRIA wants a council to promote Indian rubber for export
The All Indian Rubber Industries Association (AIRIA) wants to form a dedicated council to increase rubber product exports. Around 30% of rubber products produced by Micro, Small, and Medium Enterprises (MSME) are exported. The sector has 5,000 MSME rubber units…
Auto Recalls Expected to Rise through 2016
While many auto executives (42.3 %) expect more industry recalls in 2015 and 2016, just 8 % use advanced predictive analytics to help prevent, prepare for, and manage recalls, according to a recent online poll from Deloitte. Nearly one-quarter (23…
Four farm tyres by Michelin hit shelves
MICHELIN Agricultural tires is unveiling four new tires for tractors, sprayers, harvesting equipment and large implements in North America. It will also introduce as well a new mobile app that calculates the proper air pressure for tractor tires. Also on…
Production of Jeep Cherokee by Fiat to move out of Toledo
The Production of Jeep Cherokee by Fiat will be moved out of Toledo, Ohio. Toledo will now serve as the plant where Fiat’s Jeep Wrangler will be made. Fiat Chrysler had said in October last year that it was planning…
Continental Corporation welcomes future employees at Careers Week
Continental Corporation is joining the IAA 2015 Careers Week at Frankfurt, Germany on September 21 to 25. Continental’s executive members will be giving talks about different topics. Some focus on the achieving zero road accidents and clean air through fewer…
Nexen Tyres named Volkswagen Caddy OE
Volkswagen named Nexen Tire’s N’blue Premium tyres as original equipment (OE) for the Volkswagen Caddy. The Korean tyre company sees this as an opportunity to widen their reach to American and European markets. Nexen says the N’blue is fuel-efficient and…
Pirelli dominates European Hillclimb Championship
Pirelli’s Simone Faggioli won his 8th title at the FIA European Hillclimb Championship in Ilirska Bistrica, Slovenia. Faggioli now leads Category 2 with 175 points. Milos Benes trails at second place with 142 points. Pirelli’s product manager Terenzio Testoni said:…
Michelin releases new farm truck tyres
Michelin Agricultural released six new tyres designed to fit tractors, sprayers, harvesting equipment and other farm trucks. All new tyre models feature Michelin’s Ultraflex Technology, which allows tires to operate at up to 40% less air pressure than standard radial…