Chemical maker Synthomer Plc said it expected full-year operating profit to be lower by about 5 million pounds ($8.5 million) due to further strengthening of sterling. Synthomer, which supplies speciality emulsion polymers used in construction, textiles, paper and latex gloves,…
Category: Industry News
Continental adds new range of bicycle tyres
Bicycle Retailer reports, “Continental has added a new line of Chinese-made tires to its offerings. The company will now have three bike tire product lines: the Premium line, which is all made in Germany; the new Performance Line, made in…
Toyo introduces new SUV tyre adopted for Ford pickup trucks
Toyo Tire & Rubber Co., Ltd. (Akira Nobuki, president) announces that the company’s Open Country A/T II (“OPAT II”) SUV tyre produced by US subsidiary Toyo Tire North America Manufacturing, Inc. (“TNA”; Jim Hawk, president) has been adopted as an…
GT Radial reveals two mass market products at Reifen 2014
GT Radial officially launched two new mass market products at Reifen 2014, the Champiro FE1 all-round premium comfort passenger car tyre and Maxmiler Pro heavy duty van tyre.rsz_gt-radial-logo The Champiro FE1, which will become one of the biggest sellers within…
Maxxis introduces new Energtra MEco3 eco tyre
Maxxis will launch its highly anticipated Energtra MEco3 eco tyre at this month’s trade fair in Essen, Germany. The new offering will be the first passenger car tyre from Maxxis specifically designed to lower rolling resistance, fuel consumption and co2…
Vietnam rubber surplus adds downward pressure on producers
In an effort to help Vietnamese companies compete in the world market, the Ministry of Finance is considering cutting the rubber export tax to zero from the current rate of one percent. On November 11, 2013, Vietnam’s Finance Ministry issued…
Emerging Myanmar is Bridgestone’s new office location
Bridgestone Asia Pacific Pte Ltd, a wholly owned subsidiary of Japan-headquartered tyre maker, Bridgestone Corporation, opened its Myanmar branch office in Yangon. The office will focus on gathering information on thetruck, bus, car manufacturing industries and tyre markets, as well…
Dow Corning increases production capacity for hexachlorodisilane
Dow Corning, a global leader in silicones, silicon-based technology and innovation, announced that it has significantly ramped up production capacity for hexachlorodisilane (HCDS), and is working with global and local distributors to ensure its safe and efficient supply to current…
Wacker announces opening of a new logistics facility
The Munich-based chemical group Wacker announced the opening of a new logistics facility at its production site in Amtala near Kolkata today. The high-bay warehouse has a capacity of 5000 pallet spaces and will be operated by Wacker Metroark Chemicals…
Maxxis reports sales increase and consistent profits
Maxxis has released its 2013 financial results, with the global tyre giant’s books showing increased sales and consistent profits. The Taiwan-based Maxxis Group has seen turnover rise from $4.63 billion in 2012 to $4.billion in 2013, and net profit remaining…