Sumitomo rubber has officially opened its new agricultural tire factory at Amata City Industrial Estate, Rayong Province. This is the firm’s first factory outside Japan for agricultural tires. The rise in global food demand has pushed the requirement of agricultural equipment tires in Thailand. Approximately 13 billion yen has been invested in the new 130000
Category: Investment
Reliance adds Elastomers Customer Support Centre at Vadodara
Reliance India Ltd has opened a state-of-the-art Elastomers Customer Support Centre (ECSC) in India for users of elastomers in the tire and non-tire sectors. The unit is located at RIL’s Petrochemicals Complex in Vadodara. Reliance wants to become one of India’s top suppliers of rubber. The centre aims to offer technical support to its customers
Styron converts Schkopau BR line to Nd-BR
Styron will be converting its Butadiene Rubber (BR) production train located in Schkopau, Germany, to Neodymium catalysts. The switch to Nd-BR s expected to be completed in the Fourth Quarter of 2015. It will enable the company to meet the growing demand of Nd-BR for green tires and ultra high performance tires. “The Nd-BR development
Hankook wins state Aid from EC for new plant in Hungary
Hankook Tire has been awarded investment aid of euro 57.9 million from The European Commission for the construction of a new tire plant in Racalmas, Fejer County, Hungary. This project will involve a total investment of € 305.5 million. It will be adjacent to the company’s existing plant in Hungary. According to the commission’s investigation,
Sumitomo Chemical opens S-SBR Plant in Singapore
Sumitomo Chemical Asia Pte Ltd held an opening ceremony on 10 March for its new styrene butadiene rubber (S-SBR) plant in Singapore. The plant has capacity for 40,000 tonnes per year and is located on Jurong Island. Sumitomo said the location is close to the growing Asian market and maintains a constant supply of butadiene.
Wells aims to turn Goodyear EMEA around
Darren Wells took over from Arthur de Bok as head of Goodyear’s EMEA (Europe, Middle East and Africa) operations toward the end of last year. Since then some big decisions have been taken. The Amiens dispute has been resolved; a racing tire plant in the UK is to close and Goodyear Corporate has announced plans
Apollo Tyres aims for organic growth post-Cooper
Apollo Tyres has re-set its course in the wake of the collapse of the Cooper deal. The primary ambition remains getting into the top-10 global tire makers, but the tactics of how to get there have changed. TIRes head of research, David Shaw spoke to Apollo CEO, Neeraj Kanwar at the Geneva Auto Salon earlier
Notes from Geneva 2014
As always, the Geneva Motor Show 2014 was a great place to meet people. Neeraj Kanwar of Apollo told me that despite some newspaper reports to the contrary, he does not rule out working in China at some stage in the future. In common with Continental, Hankook, Kumho, Goodyear and others, however, he says Apollo
Kemya to produce tire elastomers from 2015
The huge Kemya Elastomers project being built in Jubail, Saudi Arabia is on target to come on stream in mid-2015, according to Abdullah S. Al-Rabeeah, Executive Vice President, Performance Chemicals at SABIC. SABIC is one of the two 50-50 joint venture partners building the project. The other is Exxon Chemical Arabia. That is a wholly-owned
Asia Carbon completes conversion of carbon black lines
Asia Carbon Inc. has completed the conversion of three lines for tire blacks to speciality grades. Ms Guoyun Yao, the Chairwoman of the Board and CEO of Asia Carbon Inc. said: “This (the completion of the facility) represents an important step in our company’s strategic plan. This new production facility will increase the company’s sales