CONTINENTAL Tire the Americas, LLC marks a milestone in the construction of its Greenfield site in Sumter, South Carolina, as the last steel beam of the basic structure was secured in the one million square foot production facility, which Craig…
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Global Bioenergies gets new funding of EUR1.17 million
The payment, which is part of the initiated partnership with Synthos, follows the EUR 1.5 million received for the successful completion of the first phase of the butadiene programme in December 2012.
JK Tyre to expand domestic tyre capacity
An investment proposal of Rs.160 crore for the expansion is given a green light from the company’s board.
Yokohama hoists tyre output in Russia
YOKOHAMA Rubber Co., Ltd., announced that the company will is increasing the annual production capacity of its Russian production and distribution subsidiary Yokohama R.P.Z. from current 1.4 million to 1.6 million tyres. With an investment of JPY500 million, the capacity…
Cooper tyre branding aims at young males
The company has rehashed its marketing strategy for Europe by increasing brand awareness amongst the male 18 to 35 age group, even launching its first ever targeted consumer lifestyle campaign via advertisements on FHM.
Toyo tyre sales rebound
Tyres for new vehicles have rebounded from decreased production after the earthquake disaster; production volume of domestic cars has increased.
India tops in rubber delivery in January
AN estimated 1,606 metric tonnes of rubber delivery was accounted in January, an 80.45% increase from the previous year’s 890 metric tonnes.
Sumitomo sees tyre output increase by 5%
SUMITOMO Rubber Industries, Japan’s second-biggest tyre maker expects group production to rise by about 5% to 102.17 million tyires, or 554,000 metric tonnes of rubber equivalent in 2013. This would be its fourth annual increase in production as overseas shipments…
Tyre dealers appeal against nixed cartelisation rule
Last year, CCI ruled that it had found no evidence of cartelisation in the tyre industry, thereby scrapping imposition of penalty on manufacturers including Apollo Tyres, MRF, JK Tyre, Ceat and Birla Tyres.
Yokohama to boost capacity in Philippine, Russia plants
YOKOHAMA Rubber Co. is boosting capacity of its passenger car tyres in its Philippines and Russia plants. The plant, which opened in 1996, has capacity for tyres up to 18 inches rim diameter, and this expansion will add capacity for…