Losses-incurring companies are leased out by the government…
China aims for elastomer and SSBR self-sufficiency
To realise this aim is to increase production capacity and speed up technical development in these materials…
Green EnviroTech to enter tyre recycling
US-based firm Green EnviroTech Holdings’s main focus will be the conversion of plastic and tyres to oil, and shredder residue to oil and compound plastic resin. The company’s intention is to enter into the plastic and tyre recycling market by…
Huber to double capacity in India
GERMAN firm Huber Engineered Materials is on track with the expansion of its Indian precipitated silica plant in Jhagadia, which is on schedule and set for completion in the fourth quarter of 2012. The expansion will double the firm’s precipitated…
China’s Rubber Valley to publish patents online
CHINA’s so-called Silicon Valley-styled Rubber Valley is to make its rubber-related patents available online. A company known as Qingdao Rubber Valley Intellectual Property Information Center has been established by the China Intellectual Property Publishing House and Rubber Valley. The new…
Xingda profits down despite higher sales
Sales increased by 2.2% to RMB5,551 million, but gross profit fell to RMB1,298 million from RMB1,636 million in 2010
CRIA calls for abolishing of duty
Chinese tyre producers don’t have a level playing field in international trade due to high customs duties…
GTC recalls tyres
More than 12,000 advance extra grip AR215 radial light truck tyres were recalled by GTC North America…
Conti forecasts higher tyre sales and buys Indian firm
GERMAN automotive firm Continental expects its sales to rise more than 5% in its current fiscal year while its sales last year rose 17% to EUR30.5 billion. Its tyre division had combined sales of EUR8.8 billion from passenger and light…
Sibur sells tyre plant to Pirelli
RUSSIAN petrochemical company Sibur has finalised the transfer of its Voronezh tyre plant to Pirelli and Russian Technologies joint venture. This follows the transfer, also from Sibur, in December 2011 of the Kirov tyre plant. The joint venture has invested…