Deputy Minister of Agriculture and Cooperatives Amnuay Patise is confident that his ministry will be able to raise the price of third-grade smoked rubber sheets to 60 baht/kg by the end of this year. The minister is also preparing to…
Category: Industry News
Cooper’s legal battle with Apollo dismissed by Delaware Chancery Court
Cooper Tire & Rubber Co. says it is “pleased” its legal battle with Apollo Tyres Ltd. is over. The Delaware Chancery Court dismissed the Cooper’s lawsuit against Apollo last week. Cooper also says it plans no further claims against Apollo.…
Kerala Congress reports state-wide hartal due to rubber price slump
Kerala Congress (anti-merger group), in alliance with left parties, has decided to hold a state-wide hartal on March 14 to condemn the neglect towards agricultural sector and steep fall in the price of rubber. In a press conference held here…
Marangoni retreads 4 millionth tyre at Tennessee facility
Marangoni Tread North America Inc. (MTNA) has manufactured its 4 millionth tread at its Madison, Tenn., facility. MTNA began tread production at the Madison plant in 2004 and reached the 1 million tread mark in 2008. Since then, both capacity…
Pirelli reveals ultra-high performance all-season tyre
Racing, according to Enrico Bertaggia, former champion driver and CEO of Dream Racing, isn’t always about the car. In fact, when the race is all said and done, it’s always been about the tyres. Bertaggia made that remark to media…
Honeywell inaugurates new glove research and dev’t center in China
Honeywell International Inc, the Fortune 100 diversified technology and manufacturing company, is targeting opportunities from the Chinese government’s commitment to increasing energy efficiency and the safety of its workers, said Alex Ismail, the company’s president and CEO of automation and…
NHTSA requested to recall defective Chinese-made tyre
Michael Cowen of the Cowen Law Group has requested that the National Highway Traffic Safety Administration launch an investigation into a defective Chinese-made tyre recalled by one U.S. distributor, but not another distributor of the same tyre under a different…
Michelin to invest $175 million for a new tyre warehouse in SC
Greenville News reports, “Oconee County is hoping to land its first Michelin jobs, but the deal for a distribution center isn’t done yet, county officials said. Michelin already has extensive operations in five other South Carolina counties: Greenville, Spartanburg, Anderson,…
SE Asian farmers desires revival in rubber industry
A decrease in rubber imports by China and other countries is being partly blamed for a crisis in Southeast Asia’s rubber industry. Prices have been falling below production costs. For rubber farmers in Thailand, Malaysia and Indonesia – who supply…
Shandong Linglong reports European and Global growth aspirations
Shandong Linglong Tyre Co. discussed the tyremaker’s growth ambitions and the role Europe will play in achieving these ambitions at the signing ceremony of its agreement with German football club VfL Wolfsburg. “With an average historic growth rate of around…