SUMITOMO Rubber Industries, Ltd. is installing equipment for the production of motorcycle radial tyres at its Thailand plant, investing an estimated 1.4 billion yen for the facility. Currently, the company produces such tyres at its Nagoya Factory (located in Toyota,…
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US hybrid car firm cuts jobs by 75%
California-headquartered hybrid sports car maker, Fisker Automotive has started downsizing its labour force by up to 75%, in an effort to keep its operations going. The company said that the move was necessary to maximise the value of its core…
World Rubber Summit to kick off with experts from top firms
THE International Rubber Study Group (IRSG) has announced details of the upcoming World Rubber Summit 2013 . Speakers from leading firms like Apollo, Bridgestone, HSBC, Olam, Pirelli and Versalis will be headlining in the event. Key experts from the global…
Rubber demand in Vietnam seen to rise
ACCORDING to Tran Thi Thuy Hoa, General-Secretary of the Vietnam Rubber Association (VRA), demand for natural rubber in the country is likely to increase. Hoa said, during a recent conference on sustainable rubber development held in southern Binh Phuoc Province,…
VRG to initiate rubber project in Cambodia
CAMBODIA welcomes the Vietnam Rubber Group’s (VRG) initiative for implementing rubber projects in the country. The group is set to plant 100,000 hectares of rubber trees in the country by 2014. At a reception for VRG General Director Tran Ngoc…
Bridgestone introduces four new tyres for 2013
TYRE maker, Bridgestone Americas has recently launched four new tyres during the 2013 Drive and Learn product introduction held in Las Vegas, Nevada, US. The tyres launched were the Dueler H/P Sport AS, Potenza RE97AS, Potenza RE-11A, and Blizzak LM-32.…
Yokohama Rubber puts up a new subsidiary in Mexico
YOKOHAMA Rubber Co., Ltd. has established Yokohama Tire Mexico S. de R.L. de C.V. (YTMX) in Silao, Guanajuato, Mexico in March this year. Appointed as President of the new subsidiary, effective April 1, is Gary Nash, who was formerly Vice…
China to produce more consumer tyres, weans from truck segment
A RECENT report by Bloomberg indicated that natural rubber demand in China will be focusing on producing consumer tyres and shifts away from the heavy equipment and truck tyre segments. Shen Jinrong,Chair of the Hangzhou Zhongce Rubber Co. said in…
Bridgestone starts production at expanded Aiken County plant
BRIDGESTONE Americas has begun serial production of passenger and light truck tyres at its expanded Aiken County tyre plant in Graniteville, South Carolina, US. A Firestone Transforce was the first tyre made during the pilot production. The US$346 million-worth expansion…
Harmonic Energy to develop tyre projects in North America and EU
HARMONIC ENERGY Inc., a company focused on tyre manufacturing and recycling, has announced its short list of qualified engineering firms as potential partners for the development and construction of its tyre projects in North America and Europe. Jamie Mann, CEO…