PCBL expects to commission a 20ktpa speciality project in Mundra and a 30ktpa brownfield expansion in Tamil Nadu in the third quarter of its full fiscal year, ending 31 March 2025. Every issue of ...
Binh Duong, Vietnam – Kumho Tire Vietnam is investing $300 million (€285 million) in its operations in Vietnam to increase production capacity in the country by 36%. The Korean tire maker signalled ...
Gurugram, India – Apollo Tyres Ltd has been impacted by a sharp rise in raw materials costs in the first half of its fiscal ...
Due to softer projections for light vehicle production in 2024, inflation and unfavourable foreign exchange rates, Cooper ...
In a statement 13 Nove, the European Tyre and Rubber Manufacturers' Association (ETRMA) expressed its concerns over the amendments saying, if approved, they would open “a new phase of uncertainty” ...
Hyogo, Japan – Toyo Tire Corp. has revised up its full-year earnings outlook as the group reported a strong third quarter, buoyed by higher sales, lower costs and favourable currency effects.
Frankfurt am Main, Germany – The German rubber industry association (WDK) has reported a 5.3% year-on-year decline in sales for the first nine months of 2024 with production down 6%.
Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has announced a decision to close its off-road tire manufacturing plant in Hadera, Israel, effective 31 Dec. Explaining the move, YRC said major tire ...
Singapore – DL Chemical has completed the construction of a KRW480 billion (€320 million) polyisoprene latex plant in Juron Island, Singapore. The unit was constructed by DL Chemical subsidiary ...