Two industry leaders are to produce a sustainable source of natural rubber in Europe. The natural rubber will be sourced from the guayule (Parthenium argentatum) shrub. The shrub will be grown at an undisclosed location in southern Europe. The two partners in the project are Versalis and Yulex Corp. Versalis makes synthetic rubber. It is a
“Ceat Ltd” says has updated its plans to build a tire factory in Bangladesh. The business will now be a joint venture with a local company. The factory will make cross-ply (bias-ply) tyres for trucks, light trucks and 2- and 3-wheel vehicles. Most of the output will be used in Bangladesh. About 20 percent will
In a recent presentation to analysts, by Goodyear’s CFO, Darren Wells, he said the main challenge for Goodyear’s strategy today is to put its European operations in order. I’ve been following the press and analyst coverage of Goodyear’s strategy. I think his comments have been misinterpreted. I listened to the presentation over the internet. Afterwards,
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