Ford Motor Co sees most of its corporate sales growth over the next decade coming from the Asia Pacific region despite the recent slowdown in China auto demand, a top executive said Thursday. “When I take a look at Ford’s…
Category: Industry News
Kenda Tyres launches Klever S/T in USA
Kenda USA has added another offering to their Kenda Klever line. The Klever S/T is designed to help fill a gap in the SUV/CUV marketplace with a 60,000 mileage warranty and M&S all-season capabilities. It will be available to order…
Beaurepaires to launch new tyre service technology at show
Tyre retailer Beaurepaires will unveil a number of commercial fleet tyre service improvements at the Brisbane Truck Show this week, to aid both industry operators and drivers. As part of the company’s ‘Mobility’ project, it is upgrading approximately 200 service…
JK Tyre opens Steel Wheels outlet in Karimnagar
JK Tyre & Industries has launched its new Steel Wheels showroom at Karimnagar in Telangana. It will be a one-stop shop for tyre solutions offering the entyre tyre-related services. This is in line with the company’s network expansion drive to…
ArcelorMittal Inks MoU with SAIL for Automotive Steel Unit
ArcelorMittal has signed a Memorandum of Understanding (“MoU”) with India’s leading steel company – the Steel Authority of India (“SAIL”) – for setting up an automotive steel producing unit in the country, under a joint venture arrangement. The MoU was jointly…
Sumitomo suffers double-digit declines
Sumitomo Rubber Industries Ltd. suffered double-digit declines in operating and net income for the quarter that ended March 31 on a combination of factors including currency exchange losses and pricing and volume/mix issues. Sales also declined by 2.9 % to…
Making the ecological difference
Specialty chemicals company LANXESS provides its innovative bio-based Keltan Eco EPDM rubber to Freudenberg Sealing Technologies. This well-known global manufacturer of seals and vibration control technology products recently started to produce rubber seals made of Keltan Eco EPDM at its…
WACKER Expands Technical Center in Moscow Munich
Munich-based chemicals group WACKER has expanded its technical center in Moscow, Russia. Auguste Willems of WACKER’s Executive Board and Dr. Christian Hartel, head of WACKER SILICONES, dedicated the new service lab today in the presence of several customers. The facility…
Mix of Q1 results for tyre industry
The first quarter of 2015 generated a mixed bag of results in sales and earnings for tyre makers. Continental A.G., Goodyear, Pirelli & C. S.p.A. and Yokohama Rubber Co. Ltd. reported jumps in earnings during the period ended March 31,…
Vietnam rubber market sees surge in exports
Exports of natural rubber have increased significantly according to the Ministry of Agriculture and Rural Development. In the first four months of 2015, the export volume for natural rubber hit 259,000 tonnes, up by 37.7 % compared to the same…