Category: Uncategorized

China’s Longmarch to expand to Egypt

Chinese tyre manufacturer Long March Tire has announced its plan to establish a second overseas production base in Egypt. This major move comes after the successful operation of its first overseas plant in Pakistan, marking another milestone in the company’s international growth…

Continental sells OESL business to Regent

Germany’s Continental has announced the sale of its ContiTech Original Equipment Solutions (OESL) business area to US investment firm Regent. The sale is subject to antitrust approval. The parties have agreed not to disclose the purchase price or other details.…

GPSNR’s assurance system launched for NR sector

Multi-stakeholder Global Platform for Sustainable Natural Rubber (GPSNR) has officially launched its Assurance System, marking a major step forward in improving transparency, accountability, and environmental and social performance in the natural rubber supply chain, it says. The system was developed through years…