Due to substantial decline in global natural rubber prices, the world’s natural rubber output fell by 1.5% from a year earlier to 12.07 million tons in 2014, according to a study by Reportlinker. Over the same period, global consumption of…
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Sumi Rubber Indonesia celebrates 20th anniversary
P.T. Sumi Rubber Indonesia, a subsidiary of Sumitomo Rubber Industries, Ltd. (SRI), celebrated its 20th anniversary October 2. SRI is engaged in the manufacture and sale of tyres and golf clubs in Indonesia. Held on Sumi Rubber Indonesia’s factory grounds,…
Toyota launches new Forklift Tyre Service
Toyota Material Handling UK launched a new forklift tyre service, making it easy for customers to replace tyres. Toyota Material Handling UK provides a simple one stop shop for all forklift tyre replacement whether it’s a one truck user or…
Pirelli and Pro-Align celebrate Tyre Safety Month
Pirelli and Pro-Align hosted a roadshow to celebrate Tyre Safety Month this October. The show allowed tyre tread and depth checks for the public. The roadshows, which were held at Pirelli’s Carlisle factory and Burton headquarters, were timed to coincide…
USW President says TPP should be rejected
Leo W. Gerard, International President of the United Steelworkers (USW) said that the 12-nation Trans-Pacific Partnership (TPP) should be rejected because it threatens production and employment in the US. His statements are in full below. “Since negotiations on the Trans-Pacific…
Goodyear increases dividend on common stock by 17%
The Goodyear Tire & Rubber Company approved an increase in the company’s quarterly common stock dividend to 7 cents per share from 6 cents per share. This 17% dividend increase represents an annual rate of 25 cents per share for…
Trelleborg acquires Maritime International
Trelleborg, through Trelleborg Offshore & Construction, acquired Maritime International, Inc., a U.S. based privately owned marine fender systems company. The transaction is expected to be finalized in the fourth quarter of 2015 The company designs and manufactures marine fender systems…
Apollo Tyre opens retail outlet in Lebanon
Apollo Tyre opens its first branded retail outlet in Lebanon. Named Apollo Zone, the outlet is located in the Beqaa Governorate of Lebanon, which is the main road connecting Lebanon to Syria. The Apollo Zone has been opened in association…
Babolat and Michelin co-design a tennis shoe
Babolat and Michelin co-designed the Propulse BPM, Babolat’s flagship tennis shoe to be modeled by Alizé Cornet. Speaking about the partnership, Christian Delhaye, Managing Director of Michelin Lifestyle said: “Competitive sports are the ultimate testbed for innovation and have been…
Navistar chooses Continental as official supplier
Navistar, Inc. and Continental Tire the Americas, LLC signed a five-year agreement where Continental tires will supply all International brand medium-duty, severe service and heavy-duty trucks and all IC Bus brand school buses. “Continental tires are well-regarded by customers in…