Category: Industry News

Marangoni: increased ringtread production at Reifen Muller

Marangoni Retreading Systems is pleased to announce the installation of a new Ringbuilder 3003 (an optimised version of the highly-efficient Ringbuilder 3000) at the plant operated by Reifen Müller GmbH, one of Europe’s largest retreaders. Ringbuilder 3003 is a completely…

Yokohama Tyres to up India output

Seeking to increase its market share in India, Japan-based Yokohama Tyres is planning to ramp up production capacity at its Haryana plant and has undertaken a feasibility study for the same. “We began our first production in November 2014 at…

Rubber’s Potential Left Untapped

Cambodia’s rubber rush burned out quickly. High world rubber prices in 2011 encouraged investors to clear thousands of hectares for rubber plantations, but the price of natural rubber plummeted the following year and has bottomed out at around $2,000 per…

EU Approves EUR 117 Mln. State Aid For Czech Tyre Plant

The European Commission Thursday said it has approved regional investment aid aggregating about EUR 117million to Nexen Tyre Corporation Czech s.r.o. for the construction of a tyre production plant in Zatec, Czech Republic. The Commission found that the aid granted…

Lotus blame bank transfer for tyre delay

The Lotus Formula One team blamed a banking technicality for a delay in Pirelli releasing tyres to them ahead of first Hungarian Grand Prix practice on Friday. The team received their tyres less than an hour before cars went out…