Asia BD price drop… Nike sales… Clariant-Huntsman link-up… Michelin buys wine reviewer… Conti acquires… Eversafe Rubber… SKF sued ?… Firestone leak… UK down… Kumho limbo… Thai NR…
Tire & Rubber Industry Rundown: European Rubber Journal
Linglong opens subsidiaries in Luxembourg and Mexico
Yantai, China – Linglong Tyre has opened fully-owned new subsidiaries in Luxembourg City, Luxumbourg and Mexico City, Mexico, according to its announcement on June 30.
The two subsidiaries, named Linglong Luxembourg and Elite Faith Mexico, will engage in the import and export of tire and tire raw materials.
The subsidiaries are set up “as per Volkswagen’s request to build up Linglong’s overseas sales network to speed up the two companies’ cooperation,” said the statement.
Bridgestone to raise winter tire prices in Japan
TOKYO—Bridgestone is increasing prices of its winter tires for passenger cars and vans in Japan.
A few days with Michelin at the 24 Hours of Le Mans
Before I headed out to Le Mans, someone told me that it’s the Oscars of racing. I had never been to the 24 hrs of Le Mans, but I’d had the opportunity to attend the 24 hrs of Nurburgring 5 times in the last 10 years. So in a way, I knew what to expect from the event. But little I did I know just how spectacular and different from Nurburgring it would turn out to be.
Pirelli outlines ‘value generating’ programs
MILAN, Italy — Pirelli & Co. S.p.A. has launched a series of “value generating” programs that will include a brand-change project at Aeolus.
Light trucks, LT tires growing together
AKRON — As recently as 2013, the market for new consumer vehicles in the U.S. was split 50-50 between cars and light trucks. But low gasoline prices and new products have combined since then to spur increasing demand for bigger vehicles.
Selleck: Technology, service key to future
MONTREAL — Constant advancement in technology, customer service and community support are keys to the future of Group Michelin, according to Pete Selleck, chairman and president of Michelin North America Inc.
Summary of Latest News in the Global Rubber Industry
Summary of Latest News and Events in the Global Rubber Industry …
June
21/6 Indonesian authorities are unfazed by a recent drop in natural rubber prices as market fundamentals remain strong, Reuters has reported. According to…
Michelin unveils Vision for tire of the future
Montreal, Canada – Michelin has introduced a remarkable new concept tire called Vision, which features a range of its future-oriented and sustainable mobility technologies.
The Vision tire is airless, connected, rechargeable, customisable and organic, and can function “both a wheel and a tire,” according to information released at Michelin Movin’On 2017 global sustainability conference in Montreal.
Pirelli suspends tire production in Venezuela
MILAN, Italy — Pirelli & C. S.p.A. is suspending operations indefinitely at its Venezuela tire plant due to failure to secure raw materials, according to industry sources and local news reports.