ADAC summer tire test 2014 – Conti on top

Sixteen tires of 175/65 R 14 T size were tested on the ADAC summer tire test 2014. Continental ContiEcoContact 5 was the top tire, satisfying all the criteria. To follow it, was Hankook’s Kinergy Eco 425 K, just marginally behind ContiEcoContact. Pirelli Cinturato P1 Verde, Bridgestone Ecopia EP 150, Falken SN832 Sinera Ecorun and Nokian

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Indian production of NR down; production of SR up

India’s Rubber Board has published its Rubber Statistical News for February 2014, which covers the period up to November 2013. Statistics suggest a fall of 10.2% in the production of natural rubber to 524000 tonnes from April to November 2013 throughout India when compared with previous year’s result. During the same period, consumption of natural

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Continental Launches Radial Truck Tires in Indian Market

Continental will launch its range of radial truck tires in the Indian market from 1 April. The company is already manufacturing HSR2 steer tire and the HDR2 drive tires at the former Modi Rubber factory in Modipuram. Continental will be providing a coach tire for a smoother ride along with stability and mileage. HSX2 and

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EU passenger car registrations: +6.6% over two months; +8.0% in February

February 2014 saw an increase in demand for new passenger cars in the European Union for the sixth consecutive month. Sales were up 8 percent on the same period a year ago. Though in absolute figures, the total of 861,058 units registered was the second lowest result for a month of February since 2003. Spain

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China auto sector reports boom month in February

Production and sales of automobiles in China experienced double digit year on year growth of 21.5% and 17.8% respectively in the year to February. However, production was down 21.7% and sales fell by 26% when compared against February 2013. Accumulated sales for the top 10 auto companies accounted for 90.9% of the total sales in

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Gripmax, new brand at Van den Ban Autobanden

European tire wholesaler Van De Ban announces the launch of Gripmax which will be an addition to its SUV/4×4 range. Van De Ban said it will be providing a complete range of Stature HT for the upcoming summer season. Some of these are already in the market. The company will also come up with a

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NK “Rosneft” buys stake in Pirelli & C. SpA

NK Rosneft has agreed to become Pirelli’s biggest investor by acquiring an indirect stake in the company. As per the agreement with Unicredit Bank, Intesa Banking Group, and Clessidra Fund, Rosneft will buy 50% share of the company holding 26.19% of Pirelli & C. S.p.A. stake. The transaction will be carried out at a value

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Statement by International Rubber Consortium Limited (IRCo)

Officials of Thailand, Malaysia and Indonesia attended the a special meeting of the International Tripartite Rubber Council (ITRC) in Bangkok on 13-14 March. A statement from ITRC said the inconsistent and incorrect statistical data provided on natural rubber stocks has given rise to negative market sentiments in the market. The International Tripartite Rubber Council (ITRC)

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Evonik expands Thailand silica plant

Evonik has expanded its precipitated silica production to Rayong, Thailand. The company said the investment will increase the company’s responsiveness to changing market conditions. With this new plant, Evonik reaches a global capacity of 500,000 metric tons per annum of precipitated, fumed silica, and matting agents. Press release from Evonik

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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,

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