The owners of German automotive engineering group Edag plan to list the company on the stock exchange in the second half of the year, Dow Jones Newswires reported on Sunday, citing three people familiar with the matter. Edag, which develops…
Category: Industry News
ContiTech develops new printing blanket made of glass beads
ContiTech has brought something new to the market for printing securities, high-quality film embossing (hot film/cold film) and sheet-fed printing – an enhanced printing blanket with a cover layer made of tiny glass beads. The Black Pearl glass bead printing…
Malaysia to build more rubberised roads to shore up prices
Putrajaya will build more rubberised roads in a bid to shore up natural rubber prices, says Plantation Industries and Commodities Minister Datuk Douglas Uggah Embas. “We should increase the use of rubber and the government is targeting to utilise 10%…
Rahul promises to help Kerala’s rubber growers
Kerala’s beleaguered rubber growers, who are reeling under rock-bottom prices for rubber latex, found a new politician this week to take up their cause: All India Congress Committee vice-president Rahul Gandhi. Rahul is presently on a tour of Kerala as…
Pyrolyx completes deal in tyre recycling sector
Pyrolyx AG, based in Munich, has completed a deal to acquire Germany-based competitor Carbon-Clean Tech Stegelitz GmbH (CCT Stegelitz). CCT Stegelitz will be fully integrated into Pyrolyx AG, which says it will continue to invest in CCT’s production site in Stegelitz,…
Helix buys silicone tubing line from Gore
Helix Medical L.L.C., a Freudenberg company, has acquired the silicone tubing product line of W.L. Gore & Associates Inc. Helix Medical will supply Gore’s existing pharmaceutical and biotech customers with Gore silicone tubing and Gore reinforced silicone hose for fluid…
May U.S. new vehicle sales to rise 2 percent: JD Power, LMC Automotive
Industry consultancies JD Power & Associates and LMC Automotive said they expect U.S. new vehicle retail sales for May to rise 2 percent to their highest level since August 2014. New car retail sales are forecast to touch 1.3 million…
Whitney new CEO of Liberty Tire Reycling
Liberty Tire Recycling has named Scott W. Whitney as its new CEO, effective June 1. A graduate of the U.S. Naval Academy in Annapolis, Md., Whitney most recently served as CEO of Greenwood Fuels, a renewable energy company. Before that,…
Goodyear Improves Tire Efficiency with PPG Silica
Goodyear Tire & Rubber has contracted with PPG Industries to use Agilon performance silica to increase the fuel efficiency of its tires. Goodyear will first use the next-generation reinforcing filler developed by PPG in its EfficientGrip tires, a line of high-performance sport-utility-vehicle tires…
Global Automotive Tire Industry 2014-2019: Trend, Profit, and Forecast Analysis
The global automotive tire industry is expected to reach an estimated value of $249.9 billion by 2019. The major drivers of tire industry are high demand for green tires, growth in commercial and passenger vehicles sales, and increasing level of tire radialization.…