Category: Industry News

Kenda launches new CUV tyre in Dubai

Kenda Tires and its Middle East partner Varga Trading Co. LLC announced at Automechanika Dubai the Middle East debut of the new Kenda KR-50 crossover-utility vehicle (CUV) tyre. Automechanika Dubai takes place June 3-5, 2014. The companies say the KR…

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…