Category: Industry News

Chrysler Group picks Goodyear tyres

Chrysler Group LLC has selected the Goodyear Wrangler DuraTrac as original equipment on the new Ram Trucks 2014 Power Wagon. Goodyear Tire & Rubber Co. will supply the 33-inch tire in size LT285/70R17. Goodyear says the 2014 Power Wagon is…

Hankook develops high-end tyres for China

South Korean tire maker Hankook is planning to develop the best tire to suit the customers’ preference in China. The company has set up a Chinese research and development center this year with more than 200 researchers to study the…

Declining Asia-US butadiene trade, recovers

A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene…

Lion Copolymer plans EPDM expansion

Lion Copolymer, Geismar, LLC (“Lion”) has recently completed a detailed engineering study for an additional 60,000-80,000 metric tons per year EPDM manufacturing line, to be located at the current Geismar Louisiana site and complementing Lion’s existing four EPDM polymerization units.…

Falken reveals tyre range expansions

Falken Tire Corp. announced plans to expand its Ziex, Wildpeak, Sincera and Ohtsu lines to help it compete in a larger segment of the market during its dealer meeting last week. Rick Brennan, Falken’s new executive director of marketing, says…

Ceat Ltd reports revenue growth

In spite of subdued single-digit revenue growth, Ceat Ltd posted decent results for the March quarter, in line with expectations on the Street. Lower raw material price and a dip in interest outgo helped clock net profit of Rs.69 crore,…

Toyo launches European sales subsidiaries

Toyo Tire & Rubber Co. Ltd. says it will establish an overseas subsidiary in Germany on May 1, 2014. It will be called Toyo Tire Deutschland GmbH (TTD). Previously, all tire sales for the German and Austrian markets were handled…