Hankook Tire America Corp. and its parent, Hankook Tire Co. Ltd., have aggressive goals to grow in the coming years based on three basic pillars: strategic globalization, technology innovation and what they’re calling “brand value up.” This effort includes boosting…
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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 ...
Michelin faces weak demand in emerging markets
Shares in Michelin fell by as much as 5% on Tuesday after the French tyre maker reported a decline in full-year earnings followed by a cautious outlook for 2015. The manufacturer, which is based in Clermont-Ferrand, reported full-year net income…
South Korea to invest US$17 bn in Indonesia
As many as 16 South Korean companies have expressed a serious commitment to spend up to US$17.1 billion in a wide array of sectors from power generation to minerals processing in Indonesia, the Investment Coordinating Board (BKPM) said. About US$8.5…
Bluestar Silicones expands SLR capacity in US
Bluestar Silicones, a global integrated silicones supplier, announces it has expanded its liquid silicone rubber (LSR) capacity at its facility in York, South Carolina, to meet the growing needs of the marketplace. This expansion increases capacity by approximately 30%. “We…
Strong results for Novelis
Novelis, the world leader in aluminium rolling and recycling, today reported net income grew to $46 million for the third quarter of fiscal year 2015, up significantly from the $13 million reported in the third quarter of fiscal year 2014.…
India suffers low natural rubber output
India is likely to face a severe supply crunch of natural rubber, which reported a 33 per cent drop in production during January 2015 — the highest ever monthly decrease in recent times. Experts warn that the domestic market will…
New addition to Bridgestone’s tyres
Bridgestone Americas plans to launch the Blizzak DM-V2, a winter tyre for CUVs, SUVs and light trucks, in July for the 2015-16 winter season. The new tyre, which will be available in 50 T- and H-rated sizes ranging from 15…
Nokian beats profit, dividend expectations
Finnish winter tyre specialist Nokian Renkaat reported its fourth-quarter profits fell less than expected and proposed an annual dividend above the market consensus. The company posted a fourth-quarter operating profit of 77.5 million euros (US$88 million), compared to 93.2 million…
Delphi Automotive posts 4Q profit forecasts
Delphi Automotive PLC (DLPH) recently reported fourth-quarter earnings of US$344 million. The Gillingham, United Kingdom-based company said it had net income of US$1.16 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were US$1.32 per…
Data Bus Market to Worth US$8.55 Billion by 2020
According to the new market research report “Data Bus Market by Protocol (MIL-STD, AFDX, ARINC 429/629, CAN, TTP), by Application (Military, Commercial Aviation, Automotive), by Component (Micro couplers, Cables, Connectors, Accessories), by Geography – Global Forecasts & Analysis to 2020”,…