Considering the strategic importance of the Italian market, Japanese tyre maker Yokohama Rubber has set up Yokohama Pneumatici Srl, a wholly owned subsidiary of the Yokohama Group. Headquartered in Milan, the company has been operational from 1 January 2024. The…
Category: Industry News
Fiege leases space in Czech Republic for storage of Nexen tyres
German family-owned logistics and transport services provider Fiege has leased from CTP, Europe’s largest listed developer, of industrial and logistics properties by gross lettable area (GLA), 18,000 sq m to, at a new 71,000 sq m industrial and logistics building…
China/Cambodia tie up in US$1 bn rubber/tyre projects
The influx of Chinese investment into Cambodia was given a boost with the recent collaboration between the Cambodian government and the Chinese National Engineering Research Centre for Rubber and Tire (Nercrat). The partnership is set to bring a new level…
Goodyear cooperates with ZF, TDK for tyre intelligence; with TNO on anti-locking braking
Tyre maker Goodyear Tire & Rubber Company has announced various collaborations for tyre intelligence technologies including a vehicle motion control software with vehicle systems and industrial technology supplier ZF and with TDK Corporation, it is working on launching a tyre…
Bridgestone expands hose business through acquisition of HosePower
Bridgestone HosePower (HosePower), a wholly owned indirect subsidiary of Japanese tyre maker Bridgestone Corporation, announced that it has acquired Greenville, South Carolina-based Cline Hose & Hydraulics. The acquisition furthers the expansion of HosePower’s hydraulic and industrial hose solutions and service business. Terms…
Metso to discontinue rubber parts manufacturing in Sweden
Finnish industrial machinery maker Metso has concluded the union negotiations at its Trelleborg rubber and Poly-Met factory in Sweden, announced in November 2023. It says that “after carefully evaluating the supply chain operations at a regional and global level from…
Wacker to expand silicones production to Czech Republic
German silicones supplier Wacker Chemie says it intends to further expand its silicone specialty business and is reorganising its production facilities in Europe. For example, a new production site for silicones is to be built in Karlovy Vary, Czech Republic.…
Toyoda Gosei enhances technical capacity in India
Auto parts supplier Toyoda Gosei Co says it has relocated and enlarged its existing engineering and sales office to the new Toyoda Gosei Technical Centre India, a branch office of Toyoda Gosei Minda India, in Manesar, Haryana. The office that…
YRC sets up Vietnamese tyre sales company via spin-off
Japan’s Yokohama Rubber Co (YRC) has spun off the sales unit of its Vietnam tyre production and sales subsidiary Yokohama Tyre Vietnam Inc. (YTVI) into a new dedicated sales company, Yokohama Tyre Sales Vietnam Co., Ltd. (YTSV). YTSV will begin…
Sailun to set up first North American factory
Tyre maker Sailun Tire has announced that it will enter a joint venture and invest in the construction of a new factory in Mexico. This joint venture agreement will be between Sailun Singapore, a wholly owned company established in Singapore…