Hankook Tyre UK will be revealing several new products at this year’s CV Show in April. This include its increased load index SmartFlex AH31 tyre and the latest TLO2 trailer tyres. The new SmartFlex AH31 295/80 R22.5, with a load index of…
Category: Industry News
Solvay unveils new highly dispersible silica for tyres
Solvay Silica, the inventor of Highly Dispersible Silica (HDS) and a key player in energy-saving tyres, introduces Efficium, an innovative reinforcing filler, which allows for higher productivity and greater flexibility in producing green passenger car and truck tyre compounds, at…
Booming car production drives Asia-Pacific’s automotive OEM coatings market
The rapidly increasing vehicle production in Southeast Asian (SEA) countries is steering the automotive coatings market in Asia-Pacific. With the automotive industry in the region likely to continue this upward progression due to favourable macroeconomic indicators and strong support from governments,…
Initiatives in place to make Hankook fifth largest tyre maker globally
Hankook Tire America Corp. and its parent, Hankook Tire Co. Ltd., have aggressive goals to grow in the coming years based on three basic pillars: strategic globalization, technology innovation and what they’re calling “brand value up.” This effort includes boosting…
Michelin faces weak demand in emerging markets
Shares in Michelin fell by as much as 5% on Tuesday after the French tyre maker reported a decline in full-year earnings followed by a cautious outlook for 2015. The manufacturer, which is based in Clermont-Ferrand, reported full-year net income…
Bluestar Silicones expands SLR capacity in US
Bluestar Silicones, a global integrated silicones supplier, announces it has expanded its liquid silicone rubber (LSR) capacity at its facility in York, South Carolina, to meet the growing needs of the marketplace. This expansion increases capacity by approximately 30%. “We…
Strong results for Novelis
Novelis, the world leader in aluminium rolling and recycling, today reported net income grew to $46 million for the third quarter of fiscal year 2015, up significantly from the $13 million reported in the third quarter of fiscal year 2014.…
India suffers low natural rubber output
India is likely to face a severe supply crunch of natural rubber, which reported a 33 per cent drop in production during January 2015 — the highest ever monthly decrease in recent times. Experts warn that the domestic market will…
New addition to Bridgestone’s tyres
Bridgestone Americas plans to launch the Blizzak DM-V2, a winter tyre for CUVs, SUVs and light trucks, in July for the 2015-16 winter season. The new tyre, which will be available in 50 T- and H-rated sizes ranging from 15…
Nokian beats profit, dividend expectations
Finnish winter tyre specialist Nokian Renkaat reported its fourth-quarter profits fell less than expected and proposed an annual dividend above the market consensus. The company posted a fourth-quarter operating profit of 77.5 million euros (US$88 million), compared to 93.2 million…