Nairobi-listed company Sameer Africa has inked a lucrative franchise deal with a “leading Chinese tyre manufacturer”, which will see the company supply cheaper tyres to Sameer, as it seeks to boost sales after it last year ended ties with ex-partner…
Conti reports profit rise in the first quarter
Hanover, May 6, 2014. The Continental Corporation posted a strong start to the year, significantly increasing its profits. In the first quarter of 2014, net income attributable to the shareholders of the parent grew by 33.3% to €588 million. Earnings…
Liberian President pledges support to restore rubber industry
President Ellen Johnson Sirleaf has pledged government’s support to the revitalization of the rubber industry following the sharp fall in its production in recent years. The Liberian President, in a meeting with the Rubber Farmers Association, shared the concern of…
Indian gov’t sorting out strategies to save sinking rubber market
With the price of natural rubber hitting a five-year low, various organisations and governmental agencies are now pacing towards a paradigm Shift, sorting out strategies to save the sinking market. The natural rubber procurement process has gained some momentum with…
Thai rubber planters plans protest against government
Rubber planters have vowed to converge on Bangkok on Wednesday to protest against the government’s plan to sell off its stockpile of 220,000 tonnes on the cheap. The leader of a rubber group has raised doubts about the transparency of…
Kenda Rubber aims for European car tyre market
Kenda Rubber Ind. Co, Ltd of Taiwan is increasing its presence in the European car tire business, focusing particularly on the German market. The strategy is being led from Oldenburg, where Kenda Rubber Industrial Co. Europe GmbH has established its…
Indian rubber market declines due to buyer resistance
Spot rubber prices continued to rule weak on Monday. The market opened on a steady note but lost the initial strength on buyer resistance though there was no selling pressure. While the most active counters RSS 4 and RSS 5…
Rising US automobile exports improves tyre industry
The United States automobile market is the second largest automobile market in the world. About 16 major auto manufacturers such as Chrysler Group LLC, General Motors Co. and Ford Motor Co. are currently operating in the country’s automobile market. Subsequent…
Chrysler 200 models gets Kumho tyres
Kumho Tire U.S.A., announced it will supply original equipment tyres for the 2015 Chrysler 200 line. Select FWD and AWD Chrysler 200 models will be fitted with Kumho’s all-season Solus TA31 in size 235/45R18 94V. The grand touring all-season Solus…
Pirelli surpass competitors in tyre tests
Sport auto published the results of its summer tyre comparative test; ten tyres in the popular dimension 225/40 R18 were tested, with sport auto selecting a mixture of UHP and comfort-oriented tyres for evaluation in 14 criteria, including six dry…