US recycling firm Agilyx Corporation, a wholly owned subsidiary of Agilyx AS, and South Korean Kumho Petrochemical, a manufacturer of synthetic rubber, are collaborating to explore the development and construction of a chemical recycling project in South Korea. The project…
Tag: tyres
Michelin acquires Allopneus to consolidate e-commerce presence
French tyre maker Michelin has acquired 100% ownership of Allopneus SAS, the French firm involved in sales and tyre fitting online for private individuals. Since 2015, Michelin had held 40% of the capital of the company, founded in 2004 by…
Eastman Chemical to sell-off tyre additives business
US-headquartered global specialty materials company, Eastman Chemical Company has entered into a definitive agreement with an affiliate of One Rock Capital Partners to sell the rubber additives, including its Crystex insoluble sulfur and Santoflex antidegradants, and other product lines and…
Graphene from tyre waste can reinforce concrete
Scientists from the Texas-based Rice University have optimised a process to convert waste rubber tyres into graphene that can be used to strengthen concrete. Using a green technology called the “flash” process introduced by the Rice University lab of chemist…
Cooper issues major recall of defective light truck tyres
Finland, Ohio=headquartered Cooper Tire & Rubber Co is recalling over 430,000 light truck tyres in the US on tyre failure risk from sidewall bulges. The recall, which is expected to commence March 25, covers certain Discoverer, Evolution, Courser, Deegan, Adventurer,…
Passenger cars take half of tubeless tyres market on rising EV demand – report
The shift towards electric vehicles will result in providing numerous market opportunities for tubeless tyre manufacturers. Incentives are given by the regional governments to buyers and manufacturers that comply with anti-pollution policies will pave the path for a growing automotive…
Toyo Tire constructs new tyre plant in Serbia
Japanese Toyo Tire Corporation – through its manufacturing subsidiary Toyo Tire Serbia-Belgrade – has commenced the construction of a US$465 million passenger vehicle tyre plant in Indjija City, the Republic of Serbia. The 300,000sqm plant will have a capacity of…
Ceat to supply SecuraDrive tyres for Nissan Magnite SUV
Anticipating growth in the compact SUV market in India, Ceat Tyres has begun a new partnership with Nissan Motors as OE tyre supplier for the latter’s subcompact SUV – the Nissan Magnite. According to Ceat, it will provide its SecuraDrive…
Michelin, Pyrowave partner to develop innovative recycling technology
Tyre major Michelin will work together with Canadian Pyrowave Inc. to develop a new plastics waste recycling technology that will purportedly yield commercially reusable styrene from everyday packaging or household appliances. The recycled styrene can be fed as raw material…
Tiron USA enjoys demand spike in specialty ag segment
Specialty tyre importer/distributor Tiron Tires and Wheels USA Inc. (Tiron USA) is experiencing good business during the COVID-19 pandemic, as people now have more time to pursue outdoor projects. According to Jack Kim, Head of corporation at Tiron USA, the…