Saudi Arabia’s Samir Group is to establish a rubber processing plant in the Eastern Region by next year under the Ghana government’s district industrialisation programme, One-district, One-factory (1D1F) initiative. Subsequently, the company says it has started up a 1,000 hectare…
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Gajah Tunggal/IRC jv to build tyre plant in Indonesia
PT Gajah Tunggal IRC Manufacturing Indonesia recently held a groundbreaking event for the construction of its plant. The joint venture company between PT Gajah Tunggal and Inoue Rubber Company Ltd (IRC) of Japan, known as IGM, will manufacture motorcycle tyres…
Haydale expands elastomer capability
UK-based materials company Haydale says that it has completed the installation and commissioning of a two-roll lab mill at its site in Loughborough. This new investment will allow Haydale to compound nanomaterials into a range of elastomers that will support…
Glut in global rubber affects Ivory Coast
Rubber trees take six to seven years to mature before they can be tapped, a process which involves making incisions in the tree’s bark to allow its milky sap to collect in a cup attached to the trunk “We’re not…
FinTyre gets green light from EC to purchase Reifen
Italy-based European FinTyre Distribution Limited (EfTD), one of the largest Pan European tyre distributors, has been given the green light by the European Commission (EC) to acquire privately held Reifen Krieg Group, a leading full-range tyre wholesaler in Germany, a deal…
Sumitomo starts up South African plant for truck/bus tyres
Sumitomo Rubber Industries (SRI) says that the group’s South African factory in Ladysmith has started producing tyres for trucks and buses, with an aimed capacity by 2020 of 750 tyres/day. With the aim of ensuring a stable supply of truck…
Magna Tyres Group expanding OTR tyre production at the Hardenberg (NL) plant
As an industry leader, and currently the fastest growing OTR company in the world, Magna Tyres Group is committed to delivering the premium quality and guaranteeing the product availability demanded by its ever-growing customer base. Earlier this year Magna Tyres…
KCC considering purchase of Momentive
A consortium led by South Korean construction materials maker KCC Corporation is looking at acquiring Momentive Performance Materials, a US-based silicone manufacturer, in a deal that could be valued at US$1.8 billion, according to a report in a local South…
Continental buys Australian tyre service firm
Germany’s Continental is to purchase Australia’s Kmart Tyre and Auto Service (KTAS) from its current owner, Wesfarmers Limited, for A$350 million. KTAS has around 258 outlets employing more than 1,200 staff in the country. The core business of KTAS comprises…
Marangoni launches India’s first Ringtread franchisee in Cochin
Italy’s tyre maker Marangoni’s joint venture company in India for commercial vehicle retreading, Marangoni GRP Private Limited (MGPL), has launched its first full service Ringread franchisee in India at Cochin, Kerala – Autobahn Retreading – part of Autobahn Trucking Corporation…