International Tyres, one of the UK’s largest truck tyre wholesalers, has secured an exclusive agreement to introduce a new brand of truck, bus and coach tyre into the UK, fuelled by the strong demand for mid-range products. The launch will…
Category: Industry News
Lack of ‘import category classification’ swell tyre imports
Government is losing approximately Rs 5,000 million annually on import of tyres on lack of classification in some import categories. In January 2013, the local tyre industry in a meeting with Customs officials advised them to pursue the case with…
Tokyo rubber futures dropped; oil, yen support
The benchmark Tokyo rubber futures slipped on Monday as investors liquidated contracts ahead of Chinese economic data release to avoid risks, but firm oil prices and a weaker yen still lent support, dealers said. The Tokyo Commodity Exchange rubber contract…
5 new tyres added to Continental truck-bus range
Continental Tire the Americas L.L.C. is rolling out several additions to its Hybrid, EcoPlus and bus tyre lines at this week’s Mid-America Trucking Show in Louisville. Each new line addresses a specific market segment, and all have been designed to…
Rubber prices toughen
Physical rubber prices finished marginally higher on Saturday. The market opened steady but improved on covering purchases during late trading hours. The trend was mixed. Sheet rubber firmed up to Rs.149.50 (149.00) per kg, according to traders. The grade improved…
Speciality tyre market to continue on growth path of 7%
Speciality tyres make up around 21% of the total tyre market and are projected to increase in value and volume in coming years, according to a new report from Smithers Rapra. The “Future of Specialty Tires” to 2019 details the…
ZF expands in Czech Republic
Approximately 200 new jobs will be created at the ZF Friedrichshafen’s Czech development location in Pilsen by 2017. The increasing number of development projects from corporate headquarters and the divisions have required to expand capacities. The technology company has now…
New Pirelli P Zero Orange tyre makes its debut in Malaysia
The toughest compound in Pirelli’s new 2013 range of tyres makes its debut in Malaysia, complete with a brand new colour. The P Zero Orange hard has been nominated for Sepang together with the P Zero White medium, which was…
Apollo Tyres to launch Chennai R&D hub
The Chennai manufacturing complex is turning to be a major hub for Apollo Tyres as the country’s leading tyre maker is set to launch its global R&D centre located inside the production unit at Oragadam. “The company will inaugurate its…
‘BIS certification helps rubber growers meet quality norms’
There is a growing demand for quality products in domestic and international markets and BIS certification assures quality, said Sheela Thomas, Chairman, Rubber Board. She was inaugurating a meeting of the BIS licensees of Natural Rubber (NR) processing units organised…