Dutch tyre machinery maker VMI recently celebrated the opening of three new production assembly halls at its manufacturing site in Leszno, Poland. This will bring the total available floorspace for production of VMI’s machinery in Poland to almost 30,000 sq…
Category: Industry News
Yokohama Rubber to expand passenger car tyre capacity in India
Yokohama Rubber Co says that it is expanding passenger car tire production capacity in India to meet the increasing demands from the local market. With an additional investment of US$82 million, the company looks to increase its annual passenger car…
Sumitomo Rubber’s Thai plant goes green with solar energy
Sumitomo Rubber Industries says that its tyre manufacturing and sales subsidiary in Thailand, Sumitomo Rubber (Thailand) will be installing what it says is “the world’s largest rooftop solar panel array (for a single facility)”, as well as a gas cogeneration…
BKT targets US$2 bn turnover from expansions at facility
Indian tyre maker Balkrishna Industries Ltd. (BKT) says recent enhancements at its plant in Bhuj, Gujarat, India, will enable the company to double its output and achieve a tyre production of 600,000 tonnes/year at the facility and total sales of…
Doublestar in jv for tyre facility in Cambodia
Chinese car tyre manufacturer Qingdao Doublestar has entered into a joint venture with UBE Development, the developer of a Cambodian special economic zone, to set up a tyre factory in what it says is to “circumvent international trade barriers and…
Apollo develops tyres with 75% sustainable materials
India’s Apollo Tyres says it has developed tyres with 75% sustainable materials. This is aligned with Apollo Tyres’ sustainability roadmap of increasing the usage of sustainable raw material to 40% by 2030. The concept agriculture tyres containing 75% sustainable materials,…
Zeon invests in Visolis to accelerate biomanufacturing process
Japanese chemical firm Zeon Corporation Zeon Corporation, through its corporate venturing subsidiary Zeon Ventures Inc. (California, US), has invested in Visolis, Inc, a US start-up, developing an innovative biomanufacturing platform. Zeon says it will partner closely with Visolis to help…
Tafnet buys Uzbek tyre maker Birinchi
Russian oil company Tatneft has signed an agreement with Uzkimyosanoat and Uzkimyoimpex recently to buy 100% shares of tyre producer Birinchi Rezinotexnika Zavodi (BRZ). Terms of the deal were not disclosed. It was reported earlier that an agreement on the…
Bridgestone to invest EUR70 mn in Pune plant expansion
Tyre maker Bridgestone says it will invest around EUR70 million over the next three years in its Indian plant to expand production capacity and upgrade technology at its Chakan, Pune, plant. The investment will be for capacity and technology upgrades…
Enviro delivers pyrolysis oil to Preem
Tyre recycler Scandinavian Enviro Systems (Enviro) will begin delivering recovered pyrolysis oil as part of the order from Swedish oil company Preem that was announced in November of last year. Preem will use the oil as a raw material for…