Italian tyre maker Prometeon Tyre says that it will be investing around EUR30 million for technological upgrading of its facility in Alexandria to bring production up to 1.1 million tyres/year, while enhancing the quality procedures. Prometeon says the upgrading includes…
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Omsk Carbon Group: stable business for any geographic location
Since 1944, Russian carbon black producer Omsk Carbon Group (OCG) has had a rich history, demonstrating steady growth. Over the last 25 years, it has grown into a long-standing and reliable partner for the world’s leading tyre, mechanical rubber goods (MRGs) and plastics manufacturers […]
Michelin ties up with DHL to trial airless tyres in Singapore
French tyre maker Michelin is tying up with DHL Express to trial its Uptis airless tyre. It will be fitted on nearly 50 vans in Singapore by the end of 2023. The pilot programme begins with the first vehicles making…
Stellantis to acquire stake in Symbio
Faurecia, a company of the Group Forvia, which is the world’s seventh largest automotive technology player, tyre maker Michelin and automaker Stellantis say that negotiations have started for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission…
Three tyre makers listed on Dow Jones sustainability indices
South Korean tyre maker Hankook Tire, Finland’s Nokian Tyres and Italy’s Pirelli have been included in the Dow Jones Sustainability Indices (DJSI) for industry-leading sustainability. ‘Sustainability is one of the five cornerstones of Nokian Tyres’ strategy, and we are proud…
Toyo Tire opens first tyre production site in Europe
Japan’s Toyo Tire has officially started its new factory in Serbia. Prior to this, production had partially started in July 2022 as the factory became operational with all equipment being installed. With President Aleksandar Vu?i? of Serbia and a long…
Sentury to make Nokian Tyres for European market
Nokian Tyres plc and Qingdao Sentury Tire Co. have signed a contract manufacturing agreement, whereby Sentury will start to manufacture selected Nokian Tyres’ passenger car tyres for the Central European market. Tyres manufactured at the partner’s production facility are designed…
Harps buys Semperit’s glove business for EUR115 mn
Singapore’s Harps Global Pte and Semperit Technische have reached an agreement on the acquisition by Harps of Semperit’s medical business (comprising the manufacture, distribution and sale of medical examination and surgical gloves) (Sempermed) for an enterprise value of EUR115 million.…
LD Carbon/Sumitomo Rubber to commercialise rCB and pyrolysis oil
South Korean waste treatment and raw material recycling company LD Carbon has signed an MOU with Japanese tyre maker Sumitomo Rubber Industries for the commercialisation of recovered carbon black (rCB) and pyrolysis oil. Through this agreement, two companies will jointly…
Sensata launches new sensor for all tyres
Sensata Technologies has developed a new Tyre Mounted Sensor for vehicle and tyre OEMs to deliver enhanced safety, performance, and data insights. Sensata’ Tire Mounted Sensor is the next step in the evolution of tyre sensing, leveraging tyres as the…
Biesterfeld to distribute Evonik rubber additive in Europe
German chemicals distributor Biesterfeld is expanding its partnership with compatriot chemical firm Evonik by taking on the distribution of rubber additive Vestenamer to all of Europe with the exception of Italy. The properties of trans-polyoctenamer rubber (TOR) make it suitable…