The tyre market growth in Saudi Arabia is expected to grow at a CAGR of 13 % till 2020. Passenger car tyre has been the largest segment in the country since 2010, followed by the commercial vehicle tyre segment. In…
Tag: tyres
EU Approves EUR 117 Mln. State Aid For Czech Tyre Plant
The European Commission Thursday said it has approved regional investment aid aggregating about EUR 117million to Nexen Tyre Corporation Czech s.r.o. for the construction of a tyre production plant in Zatec, Czech Republic. The Commission found that the aid granted…
EU approves Czech state aid to build Nexen tyre factory
European state aid regulators approved almost 117 million euros (US$128.63 million) worth of regional investment aid to Nexen Tyre Corporation for the construction of a production plant in Zatec, Czech Republic. The aid granted from the Czech Republic promotes regional…
Yokohama to set up a plant in India
Yokohama’s Indian subsidiary is planning to set up a facility in Bahdurgarh Industrial Estate with a production capacity of 700,000 tyres in Phase I.
Kian Hon Tyres opens first facility in ASEAN region
Kian Hon Tyres is opening in Nibong Tebal in Malaysia its first ever Maxiss retreading plant in South East Asia to help in future expansion plans in Indonesia and Philippines next year.
Sumitomo develops new tyre production technology
Sumitomo Industries develop a new tyre manufacturing system, the NEO-T01, created in the pursuit of ultra-high precision tyre production technology”.
Winter tyres are essential, says new study
Recent study conducted by the Rubber Association of Canada (RAC) and Traffic Injury Research Foundation (TIRF) have confirmed the essence of using winter tyres.
GM and National Tyre Research Centre to develop new tyre technology
General Motors Co. (GM) and National Tyre Research Centre (NTRC) work together to develop a new tyre technology that can improve fuel-efficiency of tyres.
Pirelli to invest in Romania
Italian tyre manufacturer Pirelli will be investing EUR 105 million in Slatina, Romania by 2017 to boost the production capacity.
Cheng Shin partners with KIan Hon
Taiwan-based firm Cheng Shin Rubber and Malaysia-based tyre retreading company joints venture to boost Cheng Shin’s presence in the Asian market.