Category: Industry News

Malaysian firm to invest in Zambia rubber plantation

A malaysian company has expressed interest in acquiring the more than 100-hectare Nchelenge rubber plantation. Luapula Province permanent secretary Chanda Kasolo, who confirmed in an interview recently, said if successful, the acquisition could position the province as a potential hub…

Apollo Tyres yet to finalize European site

Apollo Tyres Ltd. is denying published reports in Europe that it has selected Hungary as the site for the $685 million tire plant it’s planning to build in eastern Europe. Apollo’s board of directors released a statement today stressing that:…

Nokian gains Import Tire business

Nokian Tyres North America, a member of Nokian Tyres Group, has acquired the tyre distribution business from Import Tire Inc. in Glastonbury, Conn. Import Tire has a turnover of approximately $10 million. The purchase includes Import Tire’s warehouse containing 50,000…

Yokohama and Kumho extends R&D agreement

Yokohama Rubber Co. Ltd. announced it has signed a cooperative research and development agreement as well as a license and technology exchange agreement with South Korea’s Kumho Tire Co. Inc. The agreements are based on the master technological alliance agreement…

Nokian introduces reliable off-road tyre

The Nokian Noktop 86 offers stable reliability for demanding earthmoving applications. Nokian Heavy Tyres is now introducing wider selection for this product that works reliably even under difficult conditions. Nokian Noktop 86 now covers tyre sizes 315/80R22.5 and 13R22.5. Due…