Chinese tyre maker Aeolus Tyre Co. recently announced that the company plans to expand to new international markets with the set up of two subsidiaries in South Africa and Australia, according to a filing on the Shanghai Stock Exchange. It will…
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Goodyear Tire off loads rubber business for US$650 mn
In line with its transformation programme, tyre firm Goodyear Tire & RubberCompany is selling most ofits chemical business, Goodyear Chemical, to Gemspring Capital Management in a deal valued at around US$650 million. The transaction is subject to regulatory approval, as well as other customary closing conditions. As…
Trelleborg launches EPDM for potable water systems
Trelleborg Sealing Solutions has launched the globally compliant WaterPro portfolio of ethylene propylene diene monomer (EPDM) sealing materials suitable for everyday use with potable water systems. Designed to meet all global regulations, WaterPro EPDM materials offer comprehensive solutions for the…
China’s Guilin Lanyu secures approval for large aircraft radial tyres
In line with the advancement of China’s civil aviation manufacturing capabilities, Chinese petchem firm Sinochem’s subsidiary Guilin Lanyu Aviation Tyre Co. has obtained China’s Civil Aviation Technical Standards Approval (CTSOA) for its domestically produced large aircraft radial tyres, marking a…
Titan expands Goodyear licensing rights into new products
US-based manufacturer of off-highway wheels, tyres, assemblies, and undercarriage products Titan International has expanded production rights for the Goodyear brand across the light construction/industrial, ATV, lawn and garden, and golf tyres segments. Additionally, Titan has announced the renewal of its…
LD Carbon sets up South Korea’s largest tyre pyrolysis plant
South Korean recycler LD Carbon says it has officially opened the country’s first and largest end-of-life tyre (ELT) resource circulation plant in Dangjin Hapdeok General Industrial Complex. The plant will boost the country’s sustainable materials infrastructure and offers a scalable…
Continental to shut down Malaysian tyre plant; still committed to country
After 46 years of operations, German tyre maker Continental says it will stop production at its Alor Setar plant in Malaysia by the end of 2025, affecting 950 employees currently employed at the facility. The German automotive supplier said it will…
ASTM standards to cover synthetic turf for playgrounds
ASTM International’s sports equipment, playing surfaces, and facilities committee is developing a proposed standard that will cover the specification, purchase, installation, and maintenance of synthetic turf for playground surfacing. “Synthetic turf has been used on athletic fields since the 1960s…
Nokian’s Romanian factory starts tyre deliveries
Nokian Tyres is starting tyre deliveries from its new factory in Oradea, Romania. The first deliveries through Nokian Tyres distribution centres to Central European customers and consumers include winter and all-season tyres. The factory is strategically located close to Central…
Bridgestone to cut jobs in Spain due to uncertainty, competition
Japanese tyre maker Bridgestone said it plans to cut jobs at two factories in northern Spain due to an adverse evolution of the European market and the rise of non-European products. The company plans to cut 546 jobs at two…