Category: Industry News

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…

SBR prices in India expected to drop further

Spot prices of styrene butadiene rubber (SBR) in India look set to fall further as suppliers from Asia and Europe are diverting surplus stocks away from the weakening Chinese market, industry sources said on Thursday. These suppliers have been cutting…