Momentive Performance Materials Inc. expanded its Leverkusen, Germany site as part of its global initiative to expand production capabilities serving the automotive markets. The company will invest approximately US$30 million to expand its NXT* silane manufacturing capacity at Leverkusen. This…
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Nexen Tire appoints Travis Kang as CEO
Nexen Tire announced that President Travis Kang, son of Nexen Tire Chairman Byung-Joong Kang, has been appointed CEO of the company at the general shareholders’ meeting held on February 17. The company’s decision to bring new leadership is raising expectations…
Oliver Rubber adds new retread plant
Oliver Rubber opened a new Service Tire Truck Centers Inc. (STTC) retread facility in Millville, New Jersey, US. This facility will increase Oliver Rubber’s capacity to service the southern New Jersey/Pennsylvania market with the brand’s high-quality retreading and related services.…
Nexen Tire ranked first in by ACE Lenkrad
Nexen Tire’s N’blue HD Plus 195/65 R15 91V received the ‘Test Winner’ by ACE Lenkrad, a highly-regarded German automobile magazine. The tyre ranked 1st in overall performance. ACE Lenkrad published the results of its annual summer tyre test. The test…
Report assesses rubber production in Asia
A new report by Smart Research assesses the state of rubber production in Asian countries. The global market is currently in its fourth year of surplus of natural rubber. The excess supply situation has caused stocks to pile high and…
NASCAR star to feature in Goodyear ad
The Goodyear Tire & Rubber Company announced NASCAR star Dale Earnhardt Jr., 26-time NASCAR winner, will be the featured expert who chooses Goodyear tyres on and off the track in a series of broadcast, digital and print ads. Dale Jr.…
Accella achieves second IAAF for Tru-Motion track systems
Accella Polyurethane Systems, a business unit of Accella, announced IAAF certification of Tru-Motion SA at the ASBA (Athletic Sports Builders Association) Conference in Punta Cana, Dominion Republic winter meeting. Tru-Motion SA is commonly referred to as a “sandwich” running track…
KraussMaffei appoints new VP of Sales
KraussMaffei appointed Nadine Bogeyman is new Vice-President of Sales in the segment injection molding, effective immediately. It takes over the tasks of Dr. Hans Ulrich Golz, who held this position in one person in addition to his responsibilities as CEO…
Synthetic latex polymers market to grow at a CAGR of close to 4% by 2019
Technavio expects that the global synthetic latex polymers market will grow at a moderate pace during the forecast period, posting a CAGR of just close to 4%, despite the increased application of these polymers in various industries, such as construction,…
Conti tyre wins iF Design Award
The Conti Hybrid HT3 445/45 R 19.5 beat more than 5,000 other entries to win the iF Design Award. “We accept this award with joy and pride. The iF Design Award recognizes the high standards we constantly apply to the…