Shelved in 2011, the tyre line is making a comeback due to commercial market demand as well as renewed interest from drivers, small fleets and managers alike.
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Vietnam’s rubber output jumps 23.8%
However, the annual earnings of US$2.85 billion were down 12.6% on the previous year due to a drop in value.
Royal Tire to take over Midstates Tire
MINNESOTA-based Royal Tire has announced that it will acquire Midstates Tire and Retreading. The acquisition will include a 15,000-sq ft building, an additional 20 workers who will begin working under the Royal Tire group, and the only Bandag commercial tyre…
Bridgestone’s China plant to move to new site
BRIDGESTONE Corporation’s subsidiary in China, Bridgestone (Shenyang) Tire Co., Ltd. (Shenyang Plant) in Liaoning Province will be relocating to a 395,000 square metre site within the Shenyang Chemical Industry Park. Total investment for the relocation of the truck and bus…
China’s auto rubber hose market expands, says report
Demand has reached 387.03 million metres in 2011, valued at RMB14.514 billion; and capacity is expected to surge up to 487.41 million metres valued at RMB 18.278 billion by 2015.
Indian Rubber Board provides financial assistance to smallholders
Funds of up to Rs25 lakh will be extended to various groups in the smallholder sector.
Biesterfeld acquires Küttner
GERMANY-based Biesterfeld Plastic has acquired all shares of Küttner, thus allowing it to expand its business for thermoplastic elastomers, rubber and rubber chemicals. In 2010, Biesterfeld Plastic purchased the French trading house SMPC, a distributor of rubber and additives, and…
Indonesia rubber output to climb 7% in 2013
This new estimate is more than the Agriculture Ministry forecast of 2.77 million tonnes.
Rise in US tyre demand is likely , says tyre firm boss
DEMAND for Commercial tyres is expected to increase slightly in 2012 due to more supply-demand equilibrium, according to a Yokohama executive. The forecast is aligned with the Rubber Manufacturers Association’s (RMA) projection of 2% increase from 2012 to 16.3 million…
Rezkem and R.E. Carroll tie up to expand resin distribution
OHIO-based Rezkem Chemicals has teamed up with chemicals distributor R.E. Carroll to bolster the distribution of their full line of hydrocarbon resins. Rezkem’s president, Eric Gorze, said, “We are excited about R.E. Carroll Inc. adding our resins to their product…