French tyre company Michelin is said to invest US$500 million for a rubber processing factory and rubber plantations in Indonesia. The plant is set to produce synthetic rubber for export. With Indonesian partner PT Barito Pacific, Michelin will build a…
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Pirelli beats Michelin as F1 supplier
Formula 1 CEO Bernie Ecclestone mentioned a “done deal” with tyre company Pirelli to be the official tyre supplier until 2019. The announcement was made public after Ecclestone met and shook hands with Pirelli’s chairman Marco Tronchetti Provera before the…
Timberland’s tyre-to-shoes project wins award
Timberland Tires received recognition at Ethical Corporation’s Sixth Annual Responsible Business Awards ceremony held in London as runner-up for the “Sustainable Innovation” category last September 25. Timberland was awarded for the launch of Timberland Tires; a premium line of tyres…
JK Tyre voted Brand of the Year
JK Tyre & Industries Ltd received the Brand of the Year award at the 2015 World Branding Awards held at Kensington Palace in London. JK Tyre is the only brand in the Tyres category from India selected for this year’s…
Trelleborg to launch third episode of 3D movie series
Trelleborg is set to screen “Space Hops”, the third episode of its 3D movie series at AGRITECHNICA 2015, to be held in Hannover, Germany, from November 8 to 14, 2015. All three episodes are available in the company’s Youtube channel.…
Nishikawa Rubber execs accused of price-fixing
The US Justice Department indicted two former and one current executive of Nishikawa Rubber Co. for allegedly fixing prices of weather-stripping and rubber seals for cars made in the US. Keiji Kyomoto, Mikio Katsumaru, and Yuji Kuroda were charged of…
New rubber molding machine plant opened in China
United Rubber & Plastic Machinery (Langfang) Ltd opens it new plant of rubber molding machines in China. The company was a joint venture between REP International and LWB-Steinl. The ribbon-cutting ceremony of the brand new plant was held on September…
Michelin appoints new member of Supervisory Board
Monique Leroux was appointed as a new member of the Michelin Supervisory Board last October 1. Leroux’s appointment will be subject to ratification by the General Meeting scheduled May 13 2016. Monique Leroux will replace Laurence Parisot, who left the…
Paul Walker’s daughter sues Porsche
Legal-Bay LLC reported that actor Paul Walker’s 16 year old daughter recently filed a wrongful death lawsuit against Porsche. Walker dies in a car accident in 2013, and his daughter said that the actor would still be alive if the…
Trinseo names new leaders
Trinseo, a global materials company and manufacturer of plastics, latex and synthetic rubber, announced a number of changes their executive team. All roles are effective November 1, 2015. “These changes to our executive leadership team reflect Trinseo’s continued maturation as…