Due to tight market conditions, Belgian firm Bekaert says it has signed a preliminary agreement with Nuova Icom, a Sardinian industrial engineering and metalworking company, to revive its Macchiareddu site in Sardinia (Italy). The preliminary agreement signed with Nuova Icom…
Tag: Tyre cord
Asahi Kasei liquidates tyre cord company
In the face of slower growth, Japan’s Asahi Kasei has decided to discontinue the business of Asahi Kasei Cord Co and liquidate the company. Asahi Kasei Cord was established in 1970 as a manufacturer of nylon yarn for tyre cord…
Trends to watch in the APAC tyre cords and tyre textiles industry
By Global Market Insights Tyre cord and tyre fabric products represent some of the critical materials used in the auto component sector. The automotive ecosystem in Asia Pacific has undergone monumental growth within the last decade, recording strong vehicle sales…