TRAC Appoints Bridgestone’s Darious Naylor to the Board

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Cambridge, Ontario; April 23, 2020—Tire and Rubber Association of Canada (www.tracanada.ca) announces appointment of Bridgestone’s Darious Naylor as member of the board.

“Darious will contribute a unique strategic vision and executive insights to our organization. His appointment as board member reflects on his experience and leadership as a consummate industry professional,” says Glenn Maidment, TRAC’s President.

Naylor joined Bridgestone in 2016, and… 

Read the source article at cdn2.hubspot.net

Cooper completes acquisition of Mexico joint venture plant

Cooper Tire & Rubber Company has completed the acquisition its Mexico joint venture tyre manufacturing facility, Corporación de Occidente S. A. de C.V. (COOCSA). The agreement to increase its shareholding from 58 to 100 per cent was announced on 1 November 2019.

Read the source article at Tyrepress

Sumitomo Rubber sets up rubber procurement company

After considering a number of factors, such as a changing business environment as well as growing awareness of human rights and environmental considerations, Sumitomo Rubber Group has established its own local organisation for procuring natural rubber. It has done so via its member company Sumitomo Rubber Industries, which this month set up Sumitomo Rubber Singapore Pte. Ltd. This entity, located in the world’s largest natural rubber trading hub, will commence operations in April.

Read the source article at Tyrepress

Tire makers shuffle executive positions in 2019

Here are some of the top-level executive changes that occurred in the tire and automotive service industries during the past year:

Alliance Tire Americas Inc. 

  • Laurence Bennett hired as vice president of aftermarket sales…

Read the source article at Tire Business

Cabot buys Chinese nanotube supplier for $115 million

On 6 January 2020, Cabot China Limited, a wholly owned subsidiary of Cabot Corporation agreed to buy Shenzhen Sanshun Nano New Materials Co., Ltd, a leading carbon nanotube (CNT) producer in China. The $115 million pricetag reportedly includes “liabilities and contingent payments”. According to the company, the move is designed to strengthen Cabot’s position in the high-growth batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world.

Read the source article at Tyrepress

Polish rubber parts maker opens Mexico plant

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San Luis Potosi, Mexico – Polish rubber parts manufacturer Sanok Rubber Co. has opened a production plant in San Luis Potosi, in central Mexico, the company has announced.

The plant was officially inaugurated in October 2019 in the presence dignitaries and customers such as Ford, BMW, Webasto, the manufacturer said in a recent statement.

Named SMX Rubber Co., the Mexican subsidiary manufactures automotive parts and delivered its first sales in August last year.

Read the source article at European Rubber Journal

Continental promotes Joerg Burfien to president of Hoosier Tire

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LAKEVILLE, Ind.—Continental Tire the Americas L.L.C. has promoted company and industry veteran Joerg Burfien to president of its Hoosier Racing Tire Corp. subsidiary, succeeding the retiring John DeSalle.

Burfien has been with Continental in various management positions since joining the company in 1998 through the international trainee program. Most recently, he was head of global standards and regulations for Continental’s Tire Division worldwide.

Read the source article at Rubber and Plastics News

Editorial: Tire makers end year riding winds of change

Change is that inevitable breeze that seems to stir up everything in its path.

And as a new year approaches, the winds of change often pick up gale-force strength.

Two of the world’s top three tire manufacturers announced changes recently that will affect business in 2020.

Read the source article at Tire Business

Paulo Ferrari to succeed retiring Gordon Knapp as Bridgestone Americas CEO

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TOYKO—Bridgestone is promoting Paulo Ferrari to president, CEO and chief operating officer of Bridgestone Americas Inc.

Read the source article at Rubber and Plastics News

Ishibashi to take over Bridgestone CEO role in 2020

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TOKYO — Bridgestone Corp. has promoted Shuichi Ishibashi — a 41-year company veteran who held senior executive roles at the company’s North American operations throughout the 1990s — to CEO, succeeding Masaaki Tsuya, who’s held that position since 2012.

Read the source article at Tire Business