Chief Minister Oommen Chandy has said that the government would soon take steps to check the slide in rubber price. A press note issued by the Chief Minister’s Office, after discussions between Mr. Chandy and rubber dealers here on Wednesday…
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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 ...
Tyres: Tyre makers take the wheel to turn the sustainability corner
From landfill to factory, the tyre sector is expanding the circular use of ...
LSR: Silcotech and Momtech partner for baby bottle
Anyone who has ever fed a baby can tell you it’s not necessarily ...
Cooper Tire announces new US$200 mn share repurchase authorisation
Cooper Tire & Rubber Company announced on Feb 23 that its Board of Directors has authorised the repurchase of up to US$200 million of the company’s outstanding common stock through December 31, 2016. Shares will be repurchased from time to…
General Motors trims production to reduce stocks
General Motors (GM) is trimming production at two of its car plants due to mounting dealer inventories in an effort to reduce stocks of the Chevrolet Sonic and Camaro, Buick Regal and other models. This week, GM scheduled downtime for…
Michelin to introduce new tyre management contracts
Michelin solutions is to introduce a new generation of ‘Pence Per Kilometre’ (PPK) tyre management contracts offering customers a contractual fuel saving commitment, to help make their fleets even more efficient. Due for launch at the Commercial Vehicle (CV) Show…
General Tire celebrates 100th anniversary
The company traces its origins to Akron, Ohio, where William F. O’Neill and his partner Winfred E. Fouse had the idea of producing superior quality tyres and founded the company in 1915. At the time, there were more than 300…
Replacement car tyre markets of 4 ASEAN states show slight growth: GfK
The replacement car tyre market for the key capital cities of Malaysia, Indonesia, Thailand and the Philippines collectively registered a slight growth in volume demand by 2% in 2014 compared to the previous year. However, total sales dollar generated was…
Linden invests in Chicago silicone manufacturer
Linden Capital Partners a Chicago-based healthcare private equity firm, announced on Feb 5 that it has completed an investment in The Flexan Corporation a leading global manufacturer of high-precision silicone and rubber parts predominately serving the medical device industry. The…
Intel to make a mark in the automotive industry
Having missed out on the mobile revolution, leading PC chipmaker, Intel seems determined to be an early entrant in the Internet-of-Things (IoT) market, which is considered to be the next big wave in computing. Last year, Intel changed its reporting structure…
Global automotive safety systems to thrive: report
Increasing concern among consumers about automotive safety is driving demand in the Global Automotive Safety Systems Market, which is expected to post a CAGR of 9.43 % from 2014-2019, says research firm TechNavio. According to the latest report from TechNavio, in-vehicle…
German firm to team up with Weld County company
Pyrolyx AG, a German company that recovers carbon black from old tires, intends to enter the U.S. market through a partnership with a Weld County company. The Munich-based company has signed a letter of intent with CH2E Group, which owns…