An Indian-American owned engineering firm is developing zero pressure tyre for the US military, which would change the dynamics of not only war but also the auto industry. Akron, Ohio-based American Engineering Group (AEG), has received a $1 million Phase-II…
Category: World News
Europe, Australia, Americas, Africa rubber news
Goodyear Tire & Rubber Co. gets set for growth
Goodyear Tire & Rubber Co. executives are optimistic about the future of the industry and the future of the company’s brand. “We’re not just going to go into the future. We’re going to grow into the future,” said Phillip Kane,…
Michelin North America to introduce two new backhoe tyres in 2014
Michelin North America will expand its current backhoe product offering this year with the introduction of two new tyres in 2014 to better meet the needs of the market. Upon their introduction later this year, Michelin will offer a full…
Blast hits rubber plant in Siberia, no details on casualties
Emergency officials in Russia said that an explosion took place Thursday morning at a synthetic rubber plant in the Siberian city of Omsk. The Emergency Situations Ministry said the accident had claimed casualities, but gave no specific details. “As a…
Bridgestone upbeat on tyre test results
Bridgestone is confident there will be no repeat of the tyre debacle that blighted last season’s Australian MotoGP in 2014. A three-day tyre test has concluded at Phillip Island, where Yamaha’s Jorge Lorenzo and Valentino Rossi, Repsol Honda’s Dani Pedrosa…
The Top Town Tyres building on the market
The Top Town Tyres building is on the market, as the company is moving to a bigger location near The Base. The company has been based on Te Rapa Rd since moving from Anglesea St in 2006. Director Julian Tordoff…
Europe slows Synthomer
Last year was predictably hard for Synthomer (SYNT). Falling demand in Europe easily offset recovery in Asia, depressing the cash profit margin and ending a run of unbroken growth in underlying earnings stretching back to 2006. And while there have…
Michelin to cut 500 jobs at Pictou County plant
Michelin North America (Canada) Inc. has announced it will significantly reduce tire manufacturing at its car and light truck tire plant in Pictou County, N.S. over the next 18 months. The company says the move, which will affect 500 employees,…
Singer equities acquires Texas Rubber Supply
Singer Equities has acquired Texas Rubber Supply headquartered in Dallas, TX. Texas Rubber Supply was founded by Emery Johnson in 1952 and has enjoyed a rich heritage as a premier industrial rubber distributor in the region under the leadership of…
Magna Tyres to unveil tire at ConExpo
Magna Tyres Group will launch its Magna M-Straddle tire in the U.S. during ConExpo, March 4-8, in Las Vegas. The M-Straddle, available in size 16.00R25, is a radial designed for use on straddle carriers in demanding port and terminal conditions,…