It is good news for owners of Korean luxury sedan: Hyundai will be replacing their tyres – free of charge – due to vibration and road noise. Until now, all versions of the Hyundai Genesis with 18- or 19-inch wheels…
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Gloves Sector: Malaysia’s gloves sector holds its place in a volatile market
As a main exporter of gloves globally, Malaysia is handling suitably geopolitical pressures ...
LSR stretches its industrial footprint
Liquid silicone rubber, or LSR, is an advanced elastomer that has gained traction ...
Tyre Sector: Setting in motion the wheels of change
Once liabilities and eye sore on landfills, end-of-life tyres have now become assets ...
Tyres: Space’s the limit for rubber tyres
Innovative rubber tyres are entering the era of space missions: as a catalyst ...
Medical: Flexible artificial muscles from liquid crystal elastomers
In Canada, an international team led by researchers at the University of Waterloo ...
Recently published data on tyre replacement sales show mixed results
The European Tyre and Rubber Manufacturer’s Association recently released the statistics of tyre replacement sales for this year’s first quarter. The findings showed mixed results: The consumer segment experienced a 2% growth compared to the previous year, which, whilst timid,…
ContiTech’s sales increased to EUR3.9 bn in 2014
The industrial and automotive supplier ContiTech, part of the Continental Corporation, increased its sales by around €50 million to €3.9 billion in 2014. This equates to growth of 1.3%. The operating result (EBIT) reached €433 million (previous year: €462 million),…
Bridgestone Receives 2014 Regional Supplier Overall Outstanding Performance Award from Toyota
The award recognises Bridgestone’s contribution as a key supplier towards Toyota’s operations in the Asia Pacific region, in the aspects of safety, quality, cost, delivery, engineering and management. The award was presented by Mr Hisayuki Inoue, Chief Executive Officer and…
US$40 million invested by Constellium to expand Michigan plant
Constellium N.V., New York, has invested US$40 million to expand its plant in Van Buren, Mich., which produces customized automotive structures and which features advanced prototyping and development capabilities. The 210,000 ft.2 expansion project has doubled plant manufacturing capacity for…
Evonik to increase specialty silicones production
Evonik is launching a global initiative to enhance its technology platform for specialty silicones. With this action, the company will invest a triple-digit-million-euro amount and gradually increase the production volume of its specialty silicones. The plans include expansions in both…
Yokohama Tire to build ‘Green Playground’
On April 22, kids in San Juan Capistrano, California will get a new, eco-friendly playground, thanks to Yokohama Tire Corporation (YTC) and its cause marketing partner, KaBOOM!. YTC and KaBOOM! – a national non-profit organization dedicated to ensuring all children get…
Indonesia tyre market to grow at over 13% until 2020 reports
According to TechSci, this growth is due to Indonesia’s abundant raw material availability, continuing government support and growing domestic automobile industry. As Indonesia offers easy and abundant availability of raw materials for manufacturing tyres, most of the leading tyre companies like Gajah…
Goodyear Declares a Dividend on Common Stock
AKRON, Ohio, April 13, 2015 – Directors of The Goodyear Tire & Rubber Company have declared a quarterly dividend of 6 cents per share of common stock. The dividend is payable June 1, 2015, to shareholders of record on May…
Carmakers’ move to Mexico may leave many autoworkers jobless
More and more automotive jobs are under threat as U.S. carmakers eyes plants without unions and plants in Mexico. However, the United Auto Workers union on Wednesday said getting raises for workers at the Detroit automakers will be a top…