Category: Industry News

Chengshan Group to acquire Cooper’s 65% ownership

China’s Chengshan Group Co. Ltd. plans to exercise its option to acquire Cooper Tire & Rubber Co.’s 65-percent ownership stake in their Cooper Chengshan (Shandong) Tire Co. Ltd. venture, Cooper Tire said today. Cooper did not at this time disclose…

EBT reveals new all-purpose tractor tyre

East Bay Tire Co. debuted a new tractor tyre line under the Dawg Pound tyre brand: the Farm Dawg USA R-1. According to the company, the Farm Dawg USA R-1 tractor tyre expands on the Dawg Pound tyre bias agriculture…

Goodyear to report third quarter financial results

Goodyear will report its third quarter financial results on Wednesday, Oct. 29. The announcement will be followed by an investor conference call at 9 a.m. that day. Participating in the conference call will be Richard J. Kramer, Goodyear chairman and…

Continental’s VP is new ETRMA chief

The European Tyre and Rubber Manufacturers’ Association (ETRMA) has recently elected its new president, Christian Kötz, who is also Vice President of Continental. Kotz is succeeding outgoing president, Patrick Lepercq of Michelin. Meanwhile, Thierry du Granrut, from the Syndicat National…

Pirelli gains Innovation Award in Amsterdam

BMW presented Pirelli with its 2014 BMW Supplier Innovation Award in recognition of the tyremaker as an innovative supplier. Pirelli was awarded the ‘best innovation in quality’ prize at a ceremony hosted Oct. 5 in Amsterdam, for its real dynamic…

Hexpol to gain European rubber compounder business

HEXPOL has signed an agreement to acquire the VIGAR Rubber Compounding business within Grupo Vigar from the founders’ families. Vigar Rubber Compounding has more than 50 years’ experience of rubber compounding and is today a well-known Rubber Compounder in the…

South Korean tyremaker earns quality excellence award

South Korean tyremaker Kumho Tire Co. received Renault Group’s quality excellence award today, Oct. 6. According to Yonhap News, this marks the first time that a South Korean tyre manufacturer has been awarded. “The recognition by the leading automotive group…