JK Tyre & Industries Limited (JK Tyre) and JK Asia Pacific Singapore Pte Limited signed an agreement with Kesoram Industries Limited (KIL) to acquire Cavendish Industries Limited (CIL). CIL has a unit located at Haridwar (Laksar), India which manufactures a…
VW Touran will have self-sealing tyres from Hankook
Hankook Tire launched a self-sealing tyre called Ventus Prime Sealguard. The tyres have a viscous material coating, which closes on its own even when punctured up to 5mm deep. The tyre maker announced the Ventus Prime Sealguard in the Frankfurt…
Goodyear invests USD49mn on South Africa plant
Goodyear South Africa announced that it will invest USD670 million to increase high-value-added consumer tyre production at their manufacturing plant in Uitenhage, Eastern Cape. All production of medium radial truck tyres will be relocated to other Goodyear plants in other…
Zeon and Yokohama Rubber develop synthetic rubber from biomass
Zeon Corporation, with National Research and Development Agency (RIKEN) and Yokohama Rubber Co., Ltd., recently made isoprene from biomass. Isoprene is the raw material used to produce synthetic rubber (polyisoprene rubber) for automobile tires. Industrial isoprene is currently produced as…
Indian automotive industry looking up
The Indian automotive industry is steadily growing, with an 11% growth in the last financial year. But Ramesh Suri, President, ACMA and Chairman said that further growth will depend on how the industry will handle its challenges. He spoke at…
Hankook Tire reaches wag agreement with workers
Hankook Tire management and workers reached a tentative agreement on workers’ monthly wages. The agreement was reached after workers voted on the latest proposal last September 6 to 8. According to Business Korea, in “the tentative agreement, the base pay…
Vibram and Hankook teamed for new shoes and tyres
Hankook Tire teamed up with footwear company Vibram to make futuristic concept tyres and shoes to be exhibited at the International Motor Show (IAA) in Frankfurt, Germany from Sept. 15 to 27. In total, five products are being unveiled. Hankook…
Malaysian rubber glove exports to grow by 20%
Rubber gloves will still be in demand, as the Malaysian Rubber Glove Manufacturers Association (Margma) predicts a 20% growth in exports to RM12.8 billion this year. “This year, rubber glove exports are expected to expand by 20% to RM12.8 billion,…
Toyo Tires launches new tyre you can use all year round
No need to switch to winter tyres, Toyo Tire U.S.A. Corp released Celsius, a “variable conditions” tyre you can use all year round. Built for the varying road conditions that drivers may face, Celsius is said to provide better ice…
Wacker opens new logistics center in China
Munich-based chemical group Wacker opened its new logistics Center in China yesterday. The facility is located on Wacker’s Zhangjiagang production site in Jiangsu province. Wacker has been operating its own subsidiary in Greater China for 20 years and has expanded…