ITALY’s Pirelli has signed a deal with Moscow-based oil producer, Rosneft, allowing it to sell the Italian-made tyres at Rosneft’s gas station chain in Russia. According to Pirelli, Rosneft will create a working group to develop the product mix, supply…
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US tyre association lowers 2012 estimates, sees growth for 2013
RMA has forecast a 2% shipment increase for the coming year, pushed by “an increase in vehicle miles traveled and anticipated economic growth.”
Mitas recalls E-07 motorbike tyres
The tyres, which were sold to customers mostly in Europe and North America, are said to lose air pressure, hence the recall
Conti US plant to be up ahead of schedule
THE construction of Continental Tire of the America’s US$ 500 million-worth Sumter tyre plant is expected to be completed ahead of schedule. The site, which will begin production in late 2013 or early 2014, can produce 8 million passenger and…
Toyota poised to regain top car maker spot in 2013
Toyota’s estimate sales expanded 22% to a record 9.7 million in 2012, the biggest gain since 2000.
Indian industry group seeks tax cuts on rubbers
Lower import tariffs on raw materials such as butyl rubber and hi-tech synthetic rubbers, but duty for finished products will be kept high.
Rubber climbs to seven-month high on weak yen
Rubber prices have soared to the highest level since May as a weak Japanese currency boosted the appeal of yen-based contracts. Rubber for delivery in June, the most-active by volume, gained 1.6% to settle at 292.1 yen/kg (US$3,445 a tonne)…
F1 teams ready for the new Pirelli tyres in 2013
The features are expected to deliver extra performance within a wider working range, due to increased cornering grip.
Yokohama’s tyre design reduces aerodynamic drag on vehicles
The new technology takes the environmental contribution made by reducing rolling resistance a step further by improving the flow of air around the tyres while a vehicle is in motion in order to raise fuel efficiency.
EU accepts Thai rubberwood products
The Thai rubberwoood furniture industry has made improvements to comply with EU timber import requirements, especially since that the new Forest Law Enforcement, Governance and Trade action plan of the European market is in place and will start in March next year.