Despite the turbulent market environment, German technology firm Continental paints a better picture of the second half of the year and is maintaining its outlook for the current fiscal year. As expected, the ongoing turbulent market environment had a noticeable impact…
Category: Industry News
Yokohama Rubber starts up third tyre plant in India
In view of the growing sales of its off-highway tyres (OHT), Yokohama Rubber Co. has started up production at its Visakhapatnam plant in India, built to expand the production capacity of tyres used on agricultural and other equipment. The new…
Azelis strengthens presence in Turkey with acquisition of rubber additives provider
Speciality chemicals firm Azelis says that it has signed an agreement to acquire 100% of the shares of Dagalti Kauçuk San. (Dagalti), a specialty chemicals distributor active in the Turkish rubber and plastics additives (R&PA) market. The acquisition of Dagalti…
Michelin and Formula E part ways after eight years
A founding partner of the world’s first all-electric single-seater racing series and an investor in the ambitious project from the outset in 2013, French tyre maker Michelin says it is poised to withdraw from the ABB FIA Formula E World…
Bridgestone to invest US$26 mn in SEA rubber plantations
Japan’s Bridgestone Corporation says that it has approved plans to strengthen investments in natural rubber plantations it owns in Southeast Asia, by pumping in US$26.7 million by 2030, to enhance productivity of the plantations. It adds it will double harvest…
Bridgestone collaborates with Microsoft for advanced tyre analytics
Japanese tyre maker Bridgestone Corporation has entered into a collaboration with Microsoft to use Microsoft Azure to accelerate development and go-to-market strategies in support of Bridgestone’s digital transformation and develop advanced and predictive maintenance analytics for tyres. Advanced and predictive maintenance analytics…
Scientists develop concrete from recycled tyres
Researchers from RMIT University in Australia are said to have designed groundbreaking sustainable concrete built from recycled car tyres. This comes against the back about efforts to replace some of the aggregate used in concrete with crumbled used tyres. Now, however, scientists have succeeded in producing good quality…
Klean partners with digital firm to further blockchain for tyre recycling
Canadian tyre recycler Klean Industries says that it has partnered with digital solutions firm Kodexe to further develop and implement the KleanLoop DApp Blockchain SAS platform that will be used to track all waste and recyclables for the global marketplace.…
Yokohama Rubber develops AI-based rubber compound system
Japan’s Yokohama Rubber Co says that it has begun applying a proprietary rubber compound design system that utilises AI-based compound generation technology. The new system was developed with the cooperation of Hamagomu Aicom Inc., a Yokohama Rubber subsidiary specialising in…
DuPont to expand pharma silicone tubing capacity to China
US materials firm DuPont says that it will increase production capabilities for its Liveo Pharma Silicone Tubing by adding manufacturing capacity in eastern China. The manufacturing expansion aims to meet demand for biopharmaceutical tubing in China, as well as in…