Indian tyre-maker JK Tyre & Industries Ltd (JK Tyre) has opened its 500th outlet in the city of Muzaffarpur, Bihar. The Xpress Wheels outlet serves to provide JK Tyre’s exclusive customer service and consolidates the company’s presence in India’s tyre…
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JK Tyre opens first retread centre in Nepal
India’s JK Tyre & Industries (JK Tyre) has inaugurated its first retread centre in Pokhara, Nepal. The strategically-located retread centre is fitted with advanced technology/machinery and trained manpower to cater to the potentially demanding market of truck tyres and will…
Thailand on “alert” as NR disease spreads, 6th AETS underway
Southern Thailand is currently wary of the pestalotiopsis disease (fungal disease) that could threaten their natural rubber (NR) plantations. The subject was discussed at a meeting by the International Rubber Consortium (IRCo) on August 16, 2019. Representatives of the board,…
Vanseal acquired by Blue Point
US custom moulded rubber, plastic and sealing components maker Vanseal Corporation, along with sister companies Ritus Corporation and Classic Molding, has been acquired by Blue Point Capital Partners (BPCP). “This is an exciting new chapter for our engineering-driven platform, talented…
Elkem acquires South Korean producer of silicone gels
Norwegian silicones firm Elkem ASA has acquired Basel Chemie, a South Korean producer of specialty silicone gels for cosmetics and water repellents for the construction industry, for US$26.9 million. Elkem says the acquisition gives it access to leading technology in…
IRSG photo competition 2020 “Rubber is a Community”
Singapore’s International Rubber Study Group (IRSG) has announced its 2020 photo competition that is themed: “Rubber is a Community”. The photo submissions should tell a story or emphasise the concept of a communal life that involves rubber at its source,…
China’s Doublestar kicks off scrap tyre pyrolysis plant
Chinese tyre maker Doublestar Group, which launched a scrap tyre pyrolysis plant in Henan Province to tackle pollution from waste tyre recycling, has started the initial operations of said plant.The US$49.3 million factory is able to process 100,000 tonnes of…
Nokian to cut jobs as part of cost-saving strategy
Nokian Tyres (Nokian), based in Nokia, Finland, is implementing several efficiency measures in their operational activities following increased costs from ongoing research and developments and employee recruitments. These include job cuts as well as structural changes in the tyre manufacturer’s…
India to boost rubber production with new RRII clone in Tripura
Indian rubber-producing state Tripura is seeking to increase production with a new “rubber clone” suited to the agro-climatic conditions of northeastern India. The engineered variety of rubber, produced by the Rubber Research Institute of India (RRII), will soon be commercially…
BKT holds off US factory plan; tyre capacity from India stands
Balkrishna Industries (BKT) is suspending works on its US plant project in light of the challenging business environment, which includes volatile weather conditions. The new US$100 million tyre factory would be BKT’s first outside of India and its fifth plant…