After having invested over Rs 2,300 crore and reaching a break-even level at its Chennai facility, Apollo Tyres is looking at expanding its Chennai Facility. Satish Sharma, president – APMENA, Apollo Tyres said, “Chennai has become a success story. When…
Category: Industry News
Tyre efficiency labels on Eco tyres questioned
According to research from Emissions analytics, the economy ratings on tyre labels are not revealing the full story on fuel efficiency. Preliminary tests have shown that, at certain speeds, tyres with a lower efficiency rating can perform as well as…
Continental gains ‘Best Summer Tyre’ award
All tyre manufacturers aspire to win coveted awards from motoring organisations and publications, because it boosts sales and strengthens brand profile. Which is why Continental tyres would have been delighted to scoop the ‘Best Summer Tyre’ in the recent Auto…
Wacker appoints new distributors in Germany for its pyrogenic silica
Munich-based chemical company Wacker has extended its distribution partnerships with the Dutch chemical distributor IMCD and the German NRC Group for its HDK pyrogenic silica products in Germany. Effective August 1, 2014, the IMCD-Group-affiliated chemical distributor IMCD Germany and the…
Dissatisfying results for Malaysian rubber glove makers
Glove makers delivered disappointing results for the first quarter financial year 2014 (1QFY14) due to weaker-than-expected sales volumes and margin compression. AllianceDBS Research Sdn Bhd (AllianceDBS Research) in a sectoral outlook yesterday anticipate a mixed operating environment for glove makers…
Cooper helds dedication ceremony for new ATC in China
Cooper Tire Asia held a formal dedication ceremony June 12 for a new Asia Technical Center (ATC) in Kunshan, China, which is also the site of the Cooper Kunshan Tire (CKT) manufacturing plant, approximately 30 miles from Shanghai. The ATC…
Sri Lanka plantation minister calls forum due to rubber sector crisis
Sri Lanka’s Plantation Minister Mahinda Samarasinghe has called for a special stakeholder forum to discuss the present crisis situation faced by the country’s rubber sector originating from lower demand at the international market place. According to Colombo Rubber Traders Association…
Dunlop accomplishes race tyre facility transfer
Dunlop Motorsport Europe has completed the transfer of race tyre production to Goodyear Dunlop plants in France and Germany from its Fort Dunlop factory in Erdington, where the firm’s lease on the 99-year-old factory is expiring. Dunlop Motorsport, a unit…
Giti constructs first US tyre plant
Giti Tire Group, the predominantly Chinese tyre maker based in Singapore, has selected a site in Chester County, S.C., for its first US tyre plant. The $560 million project will, according to Giti, create 1,700 jobs over 10 years. Giti…
Tokai Rubber alters name to Sumitomo Riko
Automotive supplier Tokai Rubber Industries Ltd. will change its name to Sumitomo Riko Co. Ltd., effective Oct. 1. The company—which makes vibration- and noise-reduction products—said the change will not alter the business of the company or its shareholders structure. Tokai…