Cooper Tire Breaks Ground on Mississippi Distribution Center

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Cooper Tire & Rubber Co. recently broke ground on its distribution center in a business park that straddles the Tennessee-Mississippi border, according to The South Reporter.

At the groundbreaking, Mississippi Gov. Phil Bryant joined Cooper’s Bob Sager, the company’s director of North American supply chain, as well as other development officials in excitement about Cooper’s investment in the state.

Read the source article at Tire Review

Tire Technology Expo – opens next week!

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Tire Technology Expo returns for a third visit to the city of Hannover, Germany, next week (February 20-22, 2018). With under a week to go, now is the time to register for your free pass, if you haven’t already!

The exhibition will be even bigger than in 2017, with 280+ exhibitors presenting the latest technology for tire research, development and manufacturing.

Read the source article at Tire Technology International

China will contest any ‘unfair’ U.S. trade measures on steel: think-tank

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MANILA (Reuters) – China will oppose any “unfair and unreasonable” trade measures by countries such as the United States against its steel companies, a Chinese government think-tank said on Tuesday, arguing protectionism will “poison” the industry.

“Certainly we will protest against unfair and unreasonable measures launched by some countries such as the U.S.A. towards Chinese steel companies,” the China Metallurgical Industry Planning and Research Institute said in an email to Reuters.

“We will also study and discuss the counter-measures to try to seek a fair position for Chinese companies without any violation of W.T.O. (World Trade Organisation) agreement.”

Read the source article at Global Rubber Markets News

Yokohama to double car tire capacity at Indian plant

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HARYANA, India — Yokohama Rubber Co. Ltd. is planning to double annual capacity for passenger tires at its Yokohama India Pvt. Ltd. subsidiary over the coming 18 to 20 months with a $60 million investment.

Read the source article at Tire Business

Asian factories kick off 2018 on strong note, but inflation still missing

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HONG KONG (Reuters) – Asia’s factories got off to a strong start in 2018, with manufacturing activity in many countries gaining momentum and hitting multi-year highs as global demand for hi-tech products remained strong.

Business surveys in Europe and the United States later on Thursday were also expected to show solid factory activity, reinforcing expectations of another year of synchronized global growth that has propelled stock markets to record highs.

Read the source article at Global Rubber Markets News

The US Rubber Industry Challenging Times

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The might of the US rubber industry over the years has grown by leaps and bounds. Changing with the times, the region continues to be a major force in terms of rubber and tyre consumption apart from being a major producer and consumer of synthetic rubber (SR), a host of speciality rubber chemicals and home to a booming US$130 billion medical devices market, the largest in the world. The region is also fiercely competitive in all aspects of the wider tyre market — passenger car tyres, truck and bus tyres, agricultural tyres and OTR tyres.

The United States’ rubber industry has an eventful past, a pulsating present and a challenging future. During the late 19th century, Ohio emerged as the leader of rubber production in the United States. Numerous rubber companies 

Read the source article at Rubber Asia

Yokohama to Expand Off-Highway Tire Production Capacity in India

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The Yokohama Rubber Co. has announced that it will expand the Yokohama Group’s global production capacity for off-highway tires by adding new facilities at ATC Tires Pvt., the Indian tire manufacturing and sales subsidiary of the Alliance Tire Group (ATG), which Yokohama Rubber acquired in July 2016. Construction of the new facilities will begin in February at ATC Tire’s Dahej Plant in the state of Gujarat.

Read the source article at Tire Review

Apollo Tyres lays foundation stone for 7th factory

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After opening its new European factory last year, Apollo Tyres is now focusing on expanding its manufacturing footprint at home. A ceremony was held today to lay the foundation stone of the tyre maker’s fifth plant in India and seventh facility worldwide. The new factory is located in Chinnapanduru, Andhra Pradesh state, and is expected to enter operation in mid-2020. Apollo Tyres is investing close to Rs 18 billion (£209.4 million) in the first phase of the new plant project.

Read the source article at Tyrepress

Triangle Tire to Build First U.S. Manufacturing Plant in North Carolina

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Triangle Tire, one of the largest Chinese tire manufacturers, will build a $580 million manufacturing plant in North Carolina, the company announced Tuesday.

“Today… is a very important say for Triangle that is worth celebrating,” said Triangle Tire Chairman Ding Yuhua, who met with Gov. Roy Cooper to make the announcement. “This significant investment will play a key role in Triangle Tire’s growth strategy worldwide and represents a strong commitment to our customers in North America.”

Read the source article at Tire Review

Sailun ups investment in Vietnam tire plant

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Qingdao, China – Sailun is planning to increase its investment in its Vietnam plant by €121 million, according to a company filing on the Shanghai Stock Exchange.

With 1.2 million-unit truck and bus tire annual capacity and 30,000-unit off-the-road tire annual capacity, the unit will have total registered capital of €187 million.

Such investment is funded by the company’s private placement in November, raising €165 million capital.

Read the source article at European Rubber Journal