US – Honda recently announced several U.S. management changes “designed to strengthen its North American regional operations to further speed decision-making and increase efficiency and competitiveness within the region.” Tetsuo Iwamura – president of American Honda Motor Co. Inc., chief…
Category: World News
Europe, Australia, Americas, Africa rubber news
Rubber climbs to 5-month high on declining supply, Greek bailout
RUBBER extended gains for a fourth day and reached the highest level in five months amid declining supply in Thailand and after Europe agreed on a second bailout for Greece. The July-delivery contract advanced 2.8% to settle at 337.6 yen/kg…
Pirelli puts a new spin on rubber with PZero motorcycle boots
ITALIAN tyre maker Pirelli is putting a different kind of rubber to the road with a new biker boot from its 10-year-old fashion brand, PZero. Inspired by the company’s performance tyres and designed in collaboration with high-end shoe designer Diego…
Michelin records robust sales
FRENCH tyre maker Michelin’s global tyre sales were higher in 2011 compared with the previous year. In truck tyre markets, Europe’s growth in the OE market continues to slow, with growth in the full year of 34.5%, though year-on-year growth…
Equity take up in Hi-Tek
RUBBER Research, a wholly owned subsidiary of Rubber Research Group (RRG), is purchasing 100% stock in Hi-Tek Rubber. RRG will exchange ordinary shares of RRG common stock in exchange for 100% of the issued and outstanding shares of Hi-Tek. The…
Pirelli’s tyres in the fast lane
ITALIAN tyre maker Pirelli is getting the 2012 Formula One season underway, its second as sole supplier, by presenting a new range of tyres for the 63rd FIA World Championship at the Yas Marina circuit in Abu Dhabi. Developed by…
California passes new auto emission rules
SANFO, U.S. – Seeking to influence other states and Washington, California air regulators passed sweeping auto emission standards Friday that include a mandate to have 1.4 million electric and hybrid vehicles on state roads by 2025. The California Air Resources…
Tenneco, one of the bidders for Gates Rubber
ILLINOIS-headquartered Tenneco Inc. is one of three possible suitors for Gates Rubber, a subsidiary of the privately held Gates Corporation of Denver, a Tenneco spokeswoman said recently. A spokesman for Gates said a confidentiality agreement prevented him from disclosing the…
North American rubber company launches new hose options
GLOBAL supplier of rubber products, Weir Minerals Linatex, a business unit within Weir Group, has launched two new hose products and one product enhancement. Its new preformed hose bend, which is intended as a replacement for hard-walled pipe bends in…
Ford recalls 450,426 Minivans and SUVs
MICH., U.S. – Ford Motor Co. said recently that it’s recalling nearly half a million minivans and SUVs because of a pair of mechanical issues. The Dearborn, Mich.-based automaker is recalling 205,896 Freestar and Mercury Monterey minivans made during the…