Shandong Linglong Tyre Co. discussed the tyremaker’s growth ambitions and the role Europe will play in achieving these ambitions at the signing ceremony of its agreement with German football club VfL Wolfsburg. “With an average historic growth rate of around…
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ATG inaguarates new off-highway tyre factory in India
Alliance Tire Group kicked off production in its new factory in Dahej, India. The company’s third tyre plant will produce off-highway tyres for the global marketplace, ATG said. The tyremaker invested nearly $510 million into the factory and the plant…
Continental earns German-based tyre manufacturer
Continental AG has acquired all shares in AZ Formen- und Maschinenbau GmbH – a Runding, Germany-based company that produces tyre molds, containers, special machinery and cutting devices. The purchase includes two AZ plants: one in Runding and another in the…
New strategies as BKT Tires charts high growth and increased presence
BKT Tires, which is one of the companies owned by India based Balkrishna Industries Ltd’s American group and which recently opened a branch in Brentwood, Tennessee, will adopt new strategies to complement its high growth and increased presence in the…
Apollo launches Manchester United-branded tyres in Thailand
Apollo Tyres has come out with Apollo & Manchester United automotive tyres in Thailand. The country is the first in Asia, and only the second globally after the United Kingdom, to see the launch of the Manchester United-branded tyres. Aimed…
Kerala gov’t approves new formula to aid rubber farmers
The Kerala government today approved a formula to help rubber farmers after holding discussions with 12 tyre manufacturing companies in the country. Talking to reporters after cabinet meeting, Chief Minister Oommen Chandy said as per the formula, companies would purchase…
Mitas to test Russian dandelion for agri tyre
Mitas is planning to test its first agriculture tire made with rubber extracted from the Russian dandelion plant. The rubber from the dandelion will complement rubber tree latex in the compound for its agriculture tires, according to the tiremaker. Taraxacum…
CMA to recall Bluestar LQ225 tyres
China Manufacturers Alliance issued a recall for certain Bluestar LQ225 size 8-14.5 low platform trailer tyres. The recall affects nearly 10,500 tyres. The potentially affected tyres, which were manufactured Feb. 24, 2013 to Aug. 9, 2014, can develop a sidewall…
Asia SBR prices expected to decline next month
Asia styrene butadiene rubber (SBR) prices are likely to weaken further in January 2015 because of ample supply, waning demand and plunging crude and feedstock costs, market sources said on Wednesday. A slowing Chinese economy, abundant supply and waning demand…
Indian NR imports increased in November
India’s natural rubber imports in November jumped 19 per cent to 33,156 tonnes from a year earlier, the state-run Rubber Board said, as a drop in local output and lower prices in the world market prompted tyre makers to increase…