The Government Savings Bank and Krung Thai Bank has been ordered by The National Council for Peace and Order (NCPO) to provide business operators with soft loans worth 25 billion baht to buy natural rubber from farmers. The resolution came after a…
Category: Industry News
New Nokian NTR 52 introduced
Nokian Heavy Tyres is introducing the new Nokian NTR 52 steer axle tyre for trucks and buses for medium and long distance use. This new tyre meets the EURO 6 load carrying capacity requirements and has a higher load index…
Lamborghini collaborates with Pirelli; creates the Aventador Pirelli Edition
Lamborghini has announced its collaboration with Italian tyre manufacturer Pirelli. The Aventador Pirelli Edition, available in Coupe and Roadster versions, will be produced in a special series and is available to order now from dealers, for delivery by mid-2015. The…
Indonesia’s rubber exports to stay stagnant this year
Rubber exports in Indonesia will remain stagnant at 2.5 million tons due to poor weather and weak prices in the international labour market. The association of Indonesian Rubber Producers Association (Gapkindo) expects Indonesia’s natural rubber exports to remain stagnant at…
Rubber farmers and traders in India lose out from government scheme
One month after the launch of the much-hyped government scheme to ensure that rubber farmers get a minimum of Rs 130 per kg, it has not benefited the farmers and small dealers on the ground. Disgruntled rubber farmers and traders…
2014 a successful year for Continental
Continental Corporation has announced that it had €34.5 billion in sales in 2014, a major leap from the year before. “All in all, we systematically continued along our successful path last year despite the weak growth in Europe, Russia, and…
India plants more trees in Tipura; to meet demand
The Indian government is giving a huge impetus for rubber growers by planting more rubber trees in north eastern areas of the country like Tripura, which is the second largest rubber producer in the country after Kerala state. The climate…
TRW Automotive price set at US$99.34
US-based TRW Automotive Holdings Corp has received a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the stock, StockRatingsNetwork reports. Nine analysts have rated the stock with a hold recommendation and two have given a buy…
Blaupunkt India and TPMS to deliver real time tyre information
Blaupunkt India has teamed up with TPMS (Tyre Pressure Monitoring Systems) who will help provide the real time information and customizable alerts on tyre pressure and temperature conditions. Blaupunkt is the first to launch a vehicle tyre pressure monitoring systems…
Avon Tyres launches the new Trailrider
Avon Tyres has just launched the new Trailrider to it’s line-up of adventure touring motorcycle range. The tyre maker says it applied the very latest know-how in terms of casing construction, compound characteristics and tread pattern development to create a…