Category: Industry News

Troester expands to India with new subsidiary

To grow within the Indian market, German rubber machinery maker Troester has set up a new subsidiary Troester India Pvt Ltd based in Chennai (Tamil Nadu) to focus on expanding the rubber business unit. India is a steady growing market…

Bolder ties up in partnerships for European tyre recycling facility

US-based Bolder Industries, the circular solutions provider for rubber, plastics, and petrochemical industries, has announced partnerships with Antea Group, Cyclops, and OSQB as Bolder establishes its global footprint with its first European facility at the NextGen District in the Port of Antwerp, Belgium. These partnerships…

Dayco to build facility for drive belts in Mexico

Engine product and drive systems manufacturer for the automotive, heavy-duty, and industrial market segment Dayco, has announced a major investment in a new manufacturing facility in San Luis Potosi in Mexico, to produce its globally recognised original equipment quality drive belts. “This is…

Goodyear to focus on motorcycle tyres in France

US tyre maker Goodyear is planning to move light-truck tyre production out of its Montlucons factory and convert capacity at that plant solely to motorcycle tyres with an investment of EUR16 million. It also said Goodyear France S.A. has opened…

Wastefront awarded grant for tyre-derived oil project

Norwegian waste tyre recycling company Wastefront As has been awarded a EUR2 million grant to develop a catalyst-based oil purification process. The grant from Eureka Eurostars – a funding-programme for business collaborations in commercialising innovative products – was awarded to Hyfuel,…

Nokian Tyres to build car tyre factory in Romania

Nokian Tyres recently shared plans to invest EUR650 million in a new passenger car tyre factory in Romania. With a capacity of 6 million tyres/year, the Romanian plant is set to replace some of the lost output from Nokian’s now…