London – UK tire company ENSO and fleet/tire service provider i247 Group have signed a deal to supply ENSO commercial tires ...
Nairobi – China’s Linglong Tire is planning to set up a factory in Kenya to serve the African market, according to Kenyan president William Samoei Ruto. In a 17 Jan social media post, the Kenyan ...
Houston, Texas – Orion SA has launched 'discrete job cuts' to improve its rubber carbon black segment structurally, amid soft demand in Europe and North America. The Houston-based supplier noted weak ...
Seoul – Kolon Industries is expanding its tire cord production facility in Binh Duong Province, Vietnam to increase manufacturing capacity at the site by nearly 60%.
Cuenca, Ecuador – Continental Tire Andina SA is adjusting its working schedule at its manufacturing plant in Cuenca, due to low utilisation rates and slow market demand. Starting January, the facility ...
In Shanghai, China, the SHFE and INE rubber futures posted declines of 1.5% and 1.4%, respectively, due to “long liquidation and light speculative selling,” reported JPX 27 Jan. Every issue of ...
Essen, Germany – Evonik has officially merged its silica and silanes business line to create a new business entity called ...
Additionally, Bridgestone is undertaking “business rebuilding” activities at its Latin America operations, including cutting ...
The expansions will meet growing demand from the automotive and construction industries in Asia, said Wacker's 23 Jan announcement, which put the overall investment in the “double-digit-million Euro" ...
According to the industry association, the automotive supplier industry announced a “record” 54,000 jobs cuts during the year. The cuts, noted CLEPA, will mostly be carried out in the next two to five ...