Kossan Rubber Industries Bhd has announced that its net profit grew 37% to RM47.44 million for the second quarter ended June 30, 2015. This is from RM34.59 million in the previous corresponding quarter. The rubber glove maker’s earnings per share…
Global automotive fuel injection systems market report and forecast
Research and Markets has added the “Automotive Fuel Injection Systems Market by Technology (Port Fuel, Gasoline Direct, & Direct Diesel), Fuel Type (Gasoline & Diesel), Region, and by Component – Trends & Forecast to 2020” report to their offering.. The…
US$150 million plant planned for Tuscaloosa
Samvardhana Motherson Group is planning to build a US$150 million plant in Tuscaloosa under the name SMP Automotive Systems Alabama Inc, Alabama Gov. Robert Bentley announced Thursday. Once completed, the 700,000-square-foot plant is expected to create 650 new jobs. Construction…
General Tire launches new highway-terrain tyres in the US
General Tire’s newest highway-terrain tyre, the Grabber HTS60, is now available in dealers across the US. General Tire says that the HTS60 is the perfect synergy of comfort, durability and performance for light trucks, SUVs and crossovers. The HTS60 is…
Avon Tyres gears up for Snetterton races
The Avon Tyres British GT is just one race away from the final round—and this race is happening on Snetterton Circuit this weekend (August 22-23). “The race format for the weekend will see two one-hour races, so there will be…
Goodyear announces new VP and Treasurer
Goodyear Tire & Rubber Company announced yesterday that Peter R. Rapin will be the company’s new vice president and treasurer. Rapin will succeed Thomas Kaczynski, Goodyear’s treasurer since 2014. Kaczynski will be leaving the company to pursue other opportunities. “We…
Most Buick vehicles sold in the US after 2016 may be manufactured in China
Production of Buick vehicles sold in the US may be transferred to China and Europe starting 2016. It only excludes two of Buick’s future U.S. models (replacements for the mid-size LaCrosse sedan and the large Enclave crossover). The increasing tendency…
SEC joins hand with German investigation team to bring Ford to task
The U.S. Securities and Exchange Commission (SEC) has joined hands with German investigators to look into the allegation that Ford had bribed Russian customs for quick delivery of its products. Ford and Schenker, the freight business of state-owned German rail…
Report: US industrial rubber market
Expect a surge in demand for industrial rubber prooducts in the US: a rise of 3.4 % per annum to $24.4 billion in 2019. Gains will be fueled by greater production of machinery and healthy growth in nonresidential construction spending.…
Centre is destroying the Kerala rubber market: Sudheeran
KPCC President V.M. Sudheeran has opined that the Centre is trying to destroy the rubber market in Kerala. He made the comment while inaugurating a meeting of rubber farmers organised by the Karshaka Congress. The Congress party president, who is…