AKRON — Goodyear is pushing further into the fleet management business by agreeing to buy Ventech Systems G.m.b.H., a Germany-based developer of automated tire inspection technology under the trade name PneuScan.
All ERJ on-line news reports are exclusive to subscribers to European Rubber Journal magazine. If you are not yet a subscriber click here for full details of our news and information services for the global rubber and tire industries.
New Delhi, India – The Indian government’s ministry of finance has imposed anti-dumping duties on radial truck and bus (TBR) tires imported from China, according to an 18 Sept official notice.
The decision followed an…
Patti Renner returns to Babcox Media as editor of Tire Review. Since leaving Babcox in 1997 (former editor of Underhood Service), she owned and operated a chain of specialty retail shops, worked with small businesses on their online marketing approach, and served as VP Marketing North America for a global marketing technology company.
AKRON—Despite relatively lackluster first-half financial performances, tire makers for the most part are optimistic about their second half and fiscal 2017 earnings prospects.
AKRON — The world’s leading tire makers committed more than $7.3 billion in the past year toward new plants and capacity expansions, a measurable drop from record spending of $10 billion-plus in 2015-16 but still ahead of the annualized average for the past decade.
The investment sum was buoyed by nearly $3.3 billion in spending on acquisitions, deals that involved companies with collective annual sales of more than $2.5 billion — including Qingdao Doublestar Tire Co. Ltd.’s still-pending $830 million bid to buy what amounts to a controlling interest in South Korea’s Kumho Tire Co. Inc.
… The global tire retreading market is expected to witness increase in investment from tire manufacturers. Fluctuation in raw material prices may act as a restraining factor and cause fluctuations in the market growth. Oil is a key raw material for tire retreading and hence, any fluctuations in oil prices is capable of causing fluctuations in retreading tire market growth. Another issue that the tire retreading market is facing is quality and reliability.
Tweet Ever since President Nixon created the Environmental Protection Agency in 1970, terms like emissions, fuel efficiency, and nonrenewable resources have become familiar to the public. The trucking industry moves 11 billion tons of freight each year and trucks deliver 100 percent of all consumer products. Just keeping our modern world operating as usual uses up considerable resources. Now, not only does the EPA mandate those resources be conserved, they also cost drivers money!
LONDON — India’s antidumping body has established that the country’s tire manufacturers are being “injured” by imports from China and may impose antidumping duties of more than $450 per metric ton of pneumatic radial tires with rim sizes above 16 inches used on buses, lorries and trucks.
In a ruling published Aug. 1, the Indian commerce ministry’s investigation arm — Directorate General of Anti-dumping and Allied Sduties (DGAD) — concluded that domestic companies had suffered material injury due to the dumped imports of these tires from China.
FINDLAY, Ohio — Hercules Tire & Rubber Co. has added a premium medium truck tire line, the Strong Guard, to its portfolio and is backing the line with a seven-year limited protection policy and a casing allowance.
NASHVILLE, Tenn.â€”Bridgestone Americas promoted 15-year company veteran Bridget Neal to president of off-the-road (OTR) products, succeeding Taylor Cole, who recently was named president of Firestone Building Products L.L.C.