India’s trade agreements with Asian countries have led to ballooning of trade deficit with these countries in non-tyre rubber products, reveals the statistics from the ministry of commerce. Between FY09 and FY11, India had signed three major trade agreements with…
Category: Industry News
MAN chooses Goodyear fuel-efficient truck tyres
MAN as one of the leading truck manufacturers is now line-fitting Goodyear’s latest high mileage and fuel-efficient truck tyres. Goodyear KMAX and FUELMAX tyres are available as original equipment on the German manufacturer’s vehicles. The tyres being fitted by MAN…
Continental reports deliberate recall of motorcycle tyres
Continental announced a voluntary tyre exchange program covering approximately 170,000 Continental 120/70 ZR 17 and 120/70 R 17 motorcycle tyres. Market feedback indicates that a very small number of these tyres have exhibited a condition in the tread and/or belt…
Toyo announces higher net income in first half
Toyo Tire & Rubber Co. Ltd. reported record operating and net income for the six months ended June 30 on 8.2-percent higher sales. Toyo chalked up the double-digit earnings performance to higher sales, lower, stable raw materials prices and a…
Specialized reveals new cotton tyre
Specialized says that the S-Works Turbo Cotton produces the lowest rolling resistance of any road tyre the company has ever offered. Such bold claims are often ultimately written off as little more than marketing hyperbole but this one is wholly…
MRF inaugurates tyre retreading facility in Oman
An undisputed leader in tyre making in India, MRF (Madras Rubber Factory), India’s number one tyre company chose Salalah as the best location for a retreading factory in Oman. The factory opened under the auspices of Abdullah bin Salim Mahad…
Aeolus reveals new steer winter tyre at Reifen 2014
Aeolus announced a steer position addition to its winter tyre series at Reifen 2014. The new tyre lines up alongside the existing ADW80 for drive axles, which has itself been expanded to include new sizes. Both tyres incorporate an extra-deep…
Bridgestone and Sumitomo quests Indonesia’s SIR20
Tyre manufacturers Bridgestone Corp and Sumitomo Rubber Industries bought a few cargoes of Indonesian rubber for nearby shipments, dealers said on Tuesday, but other grades struggled to attract buyers this week. A drop in benchmark Tokyo rubber futures also prompted…
Avon Rubber announces strong trading in first half
Avon is pleased to report that trading has continued to be strong since the end of the first half of our financial year. The Board remains confident that the outturn for the full year, after the impact of an estimated…
Cooper ‘less affected’ by enforcement of US duties on Chinese tyre imports
Cooper Tire & Rubber Co. executives feel the company will not be as impacted by the likely implementation of US duties starting next year on imports of consumer tyres from China as it was in 2009-12 because the company’s product…