Workers of Apollo Tyres continue to go on strike as the company continues to refuse giving them their requests.
Category: Industry News
JK Tyre to boost Chennai plant production
Indian tyre maket JK Tyre & Industries is increasing its production to 75 lakh car radial tyres and 16 lakh bus/truck radial tyres per year in its Chennai plant.
Sri Lanka glove manufacturer’s profits maintained
Despite the European economic slowdown, Dipped Products maintains its profits from rubber gloves and rubber plantation.
Cooper 3Q profit jumps through lower costs
Cooper Tyre & Rubber Company’s net profit in the third quarter has increased after the company’s cost-cutting methods and decrease in raw material prices.
Cooper exhibited new tyres and R&D goals
Cooper Tyre & Rubber Co. shows its new line of improved and better tyres at its booth im SEMA and shares the new Research and Development goals of the company.
Rubber jumps as China boosts manufacturing
Rubber industry have started to show some positive after China’s retail and export sales have expanded and Yen have weaken against US dollar.
EU starts compulsory performance labeling
European Tyre & Rubber Manufacturers’ Association will begin its compulsory performance labeling today to ensure that all the tyres that consumers will get to purchase are fuel-efficient and safe to use.
Bukidnon group to plan rubber road map
A cluster group was formed in Bukidnon in Philippines, after a successful rubber seminar was held. Now, the group is creating a road map for the soon to be rubber industry in the province.
M’sia Govt affirmed small industry players
The Malaysian government has assured smallholders of rubber in Sabah that they will not be affected negatively by the rubber cess collection.
Goodyear shares and income fall
Goodyear’s net income and revenue falls to 32% as the European economy continues to slow dropping down the demand for tyres to 13%.