Iowa-based Apache Inc. acquired Pacific Belting Inc. in Portland, Oregon. As part of its on-going growth initiative, the acquisition will increase the Company’s reach and enhance its ability to serve customers in the western United States and Canada. “Every step…
Cooper Tire to acquire majority of GRT
Cooper Tire & Rubber Company entered into an agreement to purchase a majority of China-based Qingdao Ge Rui Da Rubber Co., Ltd. (GRT). Cooper will own 65 percent of the entity, which will be renamed Cooper Qingdao Tire Co., Ltd.…
Kraton Polymers acquires Arizona Chemical
Kraton Polymers LLC completed the acquisition of Arizona Chemical Holdings Corporation (Arizona) for US$1,370 million. Arizona is the largest global provider of pine-based specialty chemicals. “Today we are pleased to announce that we have completed the acquisition of Arizona Chemical…
GRTE 2016 to be held in Bangkok in March
The GRTE 2016 – Global Rubber, Latex & Tire Expo 2016 is scheduled to take place March 9-11, 2016, in Bangkok, Thailand. The event, jointly organized by TechnoBiz and China United Rubber Corporation, offers a trade exhibition, training courses, conferences,…
Top Glove delivers record-breaking profit
Malaysian glove maker Top Glove Corporation Bhd delivered a record-breaking profit for the first quarter ended November 30 2015 (1QFY16). Profit Before Tax (PBT) came in at an all-time quarterly high of RM161.3 million, surging 172.9% compared with 1QFY15 and…
TBC named new Vice President
TBC Corporation, a marketer of automotive replacement tyres, appoints Aaron Murphy as Vice President, Commercial Truck Tire Sales. Murphy will be responsible for truck tyre sales in the wholesale, retail, original equipment, and national account channels. Murphy will report to…
Russian tyre factory makes 100,000th tyre
Russian tyre factory Nizhnekamsk of the Tatneft’s tyre manufacturing Complex produced its 100,000th tyre. Production of solid steel cord tyres is one of the promising areas of the PJSC TATNEFT’s tyre manufacturing business. The factory produces tyres for assembly of…
Bridgestone Americas to expand Wilson tyre plant
Bridgestone Americas Tire Operations is expanding the company’s Wilson, North Carolina passenger tyre manufacturing facility as part of a five-year, US$164 million investment to meet market demands and invest in newer, more efficient technology. The multi-phase expansion of the 42-year-old,…
Goodyear to present at Deutsche Bank conference
The Goodyear Tire & Rubber Company said it will webcast its presentation at the 2016 Deutsche Bank Global Auto Industry Conference in Detroit, Michigan, on January 12, 2016. Laura K. Thompson, executive vice president and chief financial officer, will provide…
Cooper Tire to present at Deutsche Bank conference
Cooper Tire & Rubber Company announced that Chief Financial Officer Ginger Jones will present at the Deutsche Bank 2016 Global Auto Industry Conference on January 12 at 3:05 p.m. EST. The conference will be webcast live at https://cc.talkpoint.com/deut001/011216a_ae/?entity=6_DV8Y5FH and can…







