Nexen Tire Corp, the South Korean tyremaker that’s expanded revenue every year since the turn of the century, plans to further increase its profitability by raising prices as global rubber prices plummet. The nation’s third-biggest tyre producer outperformed larger makers…
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China urges investors to setup rubber facilities in Thailand
China has indicated her interest to encourage Chinese investors to establish rubber processing plants in Thailand as a way to strengthen bilateral cooperation in agriculture and local employments. The cooperation was raised during the discussion between Defence Minister General Prawit…
Chengshan Group to acquire Cooper’s 65% ownership
China’s Chengshan Group Co. Ltd. plans to exercise its option to acquire Cooper Tire & Rubber Co.’s 65-percent ownership stake in their Cooper Chengshan (Shandong) Tire Co. Ltd. venture, Cooper Tire said today. Cooper did not at this time disclose…
EBT reveals new all-purpose tractor tyre
East Bay Tire Co. debuted a new tractor tyre line under the Dawg Pound tyre brand: the Farm Dawg USA R-1. According to the company, the Farm Dawg USA R-1 tractor tyre expands on the Dawg Pound tyre bias agriculture…
Margma advises gov’t to grant tax breaks to rubber glove makers
The Malaysian Rubber Glove Manufacturers Association (Margma) has urged the government to provide tax breaks in Budget 2015 to encourage players in the rubber glove sector to be more aggressive in implementing more automation and the creation of proprietary technology.…
Goodyear to report third quarter financial results
Goodyear will report its third quarter financial results on Wednesday, Oct. 29. The announcement will be followed by an investor conference call at 9 a.m. that day. Participating in the conference call will be Richard J. Kramer, Goodyear chairman and…
Continental’s VP is new ETRMA chief
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has recently elected its new president, Christian Kötz, who is also Vice President of Continental. Kotz is succeeding outgoing president, Patrick Lepercq of Michelin. Meanwhile, Thierry du Granrut, from the Syndicat National…
Freudenberg-NOK revelas new clamp gaskets made of black premium EPDM compound
Clamp gaskets made of the black premium compound 70 EPDM 291 are a proven sealing solution from Freudenberg-NOK Sealing Technologies. Now the sealing specialist has succeeded in manufacturing tube connection seals for the food and pharmaceutical industries from other premium…
Dow Corning reveals new silicone antifoam emulsion
Dow Corning has added a new food-grade silicone antifoam emulsion to its product line. The new antifoam, offered through the company’s XIAMETER® brand, not only knocks down foam but also provides excellent antifoaming persistency in multiple food and beverage applications.…
South Korea and Canada signs agreement to phase out rubber import duties
The governments of Canada and South Korea have signed a free trade agreement which, if ratified by the countries’ respective parliaments, will phase out import duties on rubber products in both countries over five years, the Tire and Rubber Association…