China, India and other exporters of rubber and tyre makers continue to buy rubber despite of the prices going down.
Tag: rubber tires
New tyres contain natural rubber, biomass and plant fibers
Bridgestone is developing a sustainable tyre to lessen the negative effects of tyre fire to the environment.
Apollo Tyres to acquire Cooper Tyre & Rubber
Apollo Tyres, the largest tyre manufacturer in India is processing its acquisition of another tyre manufacturing company, Cooper Tyre & Rubber Company.
Goodyear’s Fayetteville plant to lower tyre production
Goodyear Tyre & Rubber Co. is planning to cut down its rubber tyre production in its Fayetteville plant to answer the demands of the industry.
National Treasury spends US$ 80m on tyre smuggling per annum
The national government of China and India lose US$ 80m every year due to unscrupulous players in the tyre manufacturing industry that smuggle used tyres.
Rubber bulls are back
Tyre manufacturers have increased their cost as the rubber prices are sent back to the bull market.
Titan issues share to fill for Titan Europe offer
Titan International, manufacturer of Titan and Goodyear farm tyre brands has issued stocks worth US$ 168 million to buy the 78.3 percent of Titan Europe’s stocks.