BKT Tires Inc. has begun shipping tyres from its first U.S. warehouse, in Wando, an unincorporated community north of the port of Charleston. BKT Tires will use the Wando warehouse primarily to service customers in the eastern U.S. more readily,…
Category: Industry News
Cabot Corporation reports Q4 financial results
Cabot Corporation announced results for its fourth quarter and full fiscal year 2014. Key Highlights: Delivered record adjusted EPS in fiscal 2014 representing a 17 percent increase over fiscal 2013; strong cash flow generation with fiscal 2014 cash flows from…
Pirelli reveals new Cyber Tyre project
Pirelli introduced the concept for Cyber Tyre, an intelligent tyre that provides data about the vehicle, tyre and road conditions, in 2010. Today, the tyremaker announced that the Cyber Tyre project is completed and currently being studied for inclusion as…
Dow Corning extends healthcare application center in Belgium
Because it is biocompatible and exhibits a number of other desirable properties, liquid silicone rubber (LSR) is a popular material choice for medical device manufacturers producing catheters, tubing, seals, and related products. However, it is not a simple material to…
Hankook reports increase in sales and operating profit
Hankook Tire, the leading and one of the fastest growing tyre companies in the world, today announced its financial results for the third quarter 2014 with global consolidated sales of KRW 1.72 trillion and operating profit of KRW 276 billion.…
Titan announces operating and net sales decline in third quarter
Titan International Inc. reported operating and net losses for the quarter and nine months ended Sept. 30 as the OTR tire and wheel maker suffered lower sales of key, higher profit-margin products, higher operating expensese and currency translation losses in…
BASF ups production capacity for Nanjing tertiary butylamine plant
German chemicals firm BASF will expand the production capacity of its existing world-scale production plant for tertiary Butylamine (tBA)at the Nanjing Chemical Industry Park in China. The company plans to increase the existing production capacity by 60%, from 10,000 tonnes/year…
Malaysian rubber glove maker devotes RM200m for capital expenditure
Top Glove Corp Bhd, which has earmarked close to RM200 million for capital expenditure for the current financial year ending Aug 31, 2015, is ready for merger and acquisition (M&A) activities, given its strong and healthy balance sheet position, said…
Indian rubber price downtrend weakens tax revenues
The dominant economic logic that fall in rubber prices will not lead to a proportionate drop in the consumption pattern of rubber growers is gradually being dumped. Contrary to all expectations and alarmingly for the state’s economy, it has been…
Nokian reveals new Hakka Truck 844 trailer tyre
Nokian Heavy Tyres is introducing the new 385/55R22.5 Nokian Hakka Truck 844 trailer tyre. The tyre has been designed to operate flawlessly even under demanding conditions. Due to its new structure, the Nokian Hakka Truck 844 offers excellent mileage and…