Lanxess has opened a production facility in Russia under Rhein Chemie. The subsidiary company creates polymer-bound rubber additives for the Russian market. The products that they make are mainly used in the automotive and tire industries. Lanxess claims that they invested a seven-digit figure into their new facility. Werner Breuers, a member of the Board of Management
According to ACEA, in May, the demand for new commercial vehicles in the EU resumed its downward trend. The increase in April is thought to have been a calendar effect. The Spanish vehicle market remains stable (+0.4%), while the UK (-4.0%), Germany (-9.6%), France (-11.2%) and Italy (-16.2%) registered fewer vehicles than in May 2012.
Continental is to expand annual production capacity of its truck and bus tire plant in Puchov (Slovakia). The capacity will increase from around 2.6 million tires to over 3 million over the next couple of years. Continental will invest €100 million into EMEA for this project. Continental says that the expansion is down to an increased demand for their truck tire
According to Kenda and a report by the Taipei Times, Kenda Rubber Industrial Co is increasing its production capacity for car tires. The company announced at its annual share-holder’s meeting that it would increase its tire capacity by 50% to 38,000 units a day by the end of this year. Kenda plans to raise its
Lanxess is restructuring its plant network and portfolio for its Rubber Chemicals business unit. Two product lines will be ended and one factory closed. Production at two factories will be swapped to rationalise production Production of age inhibitors Vulkanox 3100 and Vulkanox DPPD will be stopped and the plant that creates them, the Isithebe site
A large-size radial tire for dump trucks in the construction and mining field has officially been released by Yokohama. The new tire is a 27.00R49 size model of its “RB42.” The tire is suitable for a wide range of off the road (OTR) surfaces. Yokohama has used an exclusive tread compound, recently developed for large-size
Giti will be supplying tires for the Pikes Peak hill climb event. The Chinese company has been appointed as tire supplier for defending champion, Nobuhiro Monster Tajima. Giti will supply the tires for the teams’s 1,000 horsepower electric vehicle. The Pikes Peak International Hill Climb is the second oldest motor sports race in America. The
DHL has agreed to a three year contract to manage Hankook Tyres’ UK warehousing operations. The company has taken over responsibility for the receipt, check and stock replenishment for Hankook’s facilities in Daventry, Northamptonshire. Hankook’s market share in the UK has increased over the past few years, leading the company to alter its supply chain management. The
Tire companies are reporting their results. So far Michelin, Goodyear, Yokohama, Toyo, Nokian, Hankook and Nexen have all reported for 2012. Indian companies Apollo, MRF, JK and Ceat also reported for the quarter ended December 2012, but their financial year runs from April to March, so they will not report full-year figures until May. Premium
Goodyear Dunlop Europe is to close one of its two factories in Amiens, France. The move was predicted by Tire Industry Research weeks ago. The news was released to workers at the factory and on the US Securities and Exchange Commission on 31 January, 2013. Goodyear did not make a public announcement of the move,
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